Supervisor Alexander Expresses Support for Sale of Parking Structure
Calls Sale of O'Donnell Park Parking Garage to Northwestern Mutual a "Win-Win-Win"
Milwaukee County Supervisor Deanna Alexander today expressed support for the proposed $14 million sale of the O’Donnell Park Parking Structure to Northwestern Mutual, saying the proposed deal is a “win-win-win for taxpayers, the County and Northwestern Mutual.”
“With what we know so far, this looks like an excellent proposal worthy of our consideration,” Alexander said.
“The O’Donnell structure is an ideal location to meet the needs of Northwestern Mutual’s nearby 32-story office tower. We have a great opportunity to demonstrate common sense because the County Board will decide whether we allow Northwestern Mutual to take some troublesome long-term concerns off our hands while maintaining all of the aspects of public access and beautification that Milwaukeeans care about, or if we deny the proposal and lead them to build a competing structure that would put the County in a far worse position with growing liabilities and disappointing revenue.”
If the proposal is approved, the County will receive much-needed revenue from the sale with an opportunity to benefit other parks that are in disrepair.
Alexander urged her colleagues on the County Board to support the proposal.
“This is an opportunity to benefit one of the County’s key employers while at the same time benefiting taxpayers. Northwestern Mutual will get a parking garage one way or the other, and we should act quickly to see to it that this proposal is approved for the sake of the company and the taxpayers.”
“I’m hopeful that my colleagues on the Board will see the sense in this proposal and find a way to approve it expeditiously.”
Mentioned in This Press Release
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