Wisconsin Center District
Press Release

Wisconsin Center District Announces Substantial Completion of Fiserv Forum

Submission of Documents Signifies Authorization for Full Occupancy

By - Jul 31st, 2018 05:27 pm
New Milwaukee Bucks arena and surrounding area. Rendering by Populous.

New Milwaukee Bucks arena and surrounding area. Rendering by Populous.

MILWAUKEE, WI – (July 31 2018) –  The Wisconsin Center District (WCD) has announced that the threshold of substantial completion has been achieved for the Bucks Arena, now known as Fiserv Forum.

“The era of the Fiserv Forum begins today,” said Wisconsin Center District President and CEO Marty Brooks. “This is a great moment in Milwaukee’s history not only for sports fans, but the broader entertainment and hospitality industries too.”

The mark of substantial completion is a milestone date for the occupancy of the facility by the Deer District. It also serves as a starting point for several other facets of the state-wide efforts to bring the new home of the Bucks to fruition.

Wisconsin Center District board chairwoman, Wisconsin Department of Administration Secretary Ellen Nowak, has signed the certificate of substantial completion, triggering the process set forth under state law to reconstitute the WCD Board. A new board, including a new board chairperson, must be identified by August 31.

“Today is a great day for the city of Milwaukee and the state of Wisconsin,” Secretary Nowak said. “I would like to express my appreciation to the Wisconsin Center District Board for its commitment to this project and to the city’s continued downtown revitalization. At the state level, we look forward to seeing what direction the future board takes to support and advance economic activity across southeastern Wisconsin.”

Additionally on August 31, the official transfer of the BMO Harris Bradley Center will be finalized. Ownership will go to the Wisconsin Center District, which will immediately transfer the title to the Deer District. The Deer District then has six months to begin the demolition of the BMO Harris Bradley Center.

Fiserv Forum is scheduled to host its inaugural event on September 4, 2018.

More about the New Bucks Arena

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7 thoughts on “Murphy’s Law: New Moves to Bail Out the Bucks”

  1. AndySmith-Brookfield says:

    All these hand-wringing liberals up in arms over trying to: a) Remain a major league city in reputation and marketing ability (they do NOT grasp the value and apparently never will); b) Trying to help ensure a prosperous and vibrant downtown through the draw and impact of a major sports and entertainment complex (perhaps THE single most impactful destination downtown in the future); and, c) STILL resenting Miller Park after fifteen years of construction and use! Liberals demand referenda for any circumstance in which public infrastructure dollars build permanent assets because they view it as welfare for business (businesses that provide jobs and pay huge amounts of taxes). Could we PLEASE have one– just one– referendum on the extravagant liberal spending on stupidity, waste and sloth? How about a referendum on that STUPID TROLLEY? How about a referendum on cutting back every city, county and state agency by 10% . . . exempt police, fire and EMS if you want to . . . but can we ONCE get a handle on the hundreds of millions of dollars that we piss away on generational welfare (2nd, 3rd, 4th generation poverty), child welfare fraud, food stamp fraud, attracting and maintaining the unproductive. And NO– because I know it’s on the leading edge of your thought– I am NOT “blaming the poor” for anything … I am blaming your idiotic, multi-generational support of failed programs that you will NOT even consider reforming. Do you realize how MANY Miller Parks and Arenas and county parks and upgraded streets, libraries, not to mention the number of police and firefighters we could hire with all that money?? Nope. Build the arena and create some JOBS for the poor and disadvantaged? Nope. Too simple– gotta create a labyrinthin, layered, complex, unaccountable government “program” for this, that and every other ‘issue” that liberals think needs to be addressed . . . and it matters NOT how high taxes go for these unproductive uses of public dollars. Milwaukee would be a much better town WITHOUT the Brewers and Miller Park, WITHOUT the Bucks in a new multi-purpose facility, WITHOUT public investment in infrastructure, permanent assets . . . yep, we’d be another Detroit– full of poor, unproductive people who cost society semi-trucks FULL of money, but no economy or quality of life to attract anyone ELSE here or get them to stay. Yeah, I know– I’m blaming the poor again. Nope. That’s just wheelbarrows more of your B.S. rhetoric intended to distract from the real issue of how wrong-headed your non-solutions are. Can we have a few articles, just every now and then, that challenge and question lilberal assumptions, and so-called solutions and the track record of liberal programs and ideas?

  2. Dohnal(Wis. Conservtive Digest says:

    This will never fly. Milwaukee a baseball and football town. We have UWM and marquette with good place to play. Better to tear down the Grand ave , it is all done and try to build combination of apts and retail. Retail changes every 40 years, big box stores are in and Mayfair/Brookfield are in, Northridge dead horse.
    Unless Milwaukee gets more people downtown for retail, people in suburbs are not going down there unless they would have something that the other areas do not have.
    bucks have to practically give away tickets to fill up the place. I have been many places where the rpomos for $5 tickets have come in .

  3. tim haering says:

    The Bucks are Herb Kohl’s team. Yet Kohl, a man worth maybe $220M, is never mentioned when there is talk of saving the Bucks or building them a new venue. He’s not mentioned here either. Am I to gather that Herb Kohl is a slumlord? Let him fix his own team and their ostensibly inadequate venue.

  4. Bruce Thompson says:

    A bit of a quibble on the Common Core: I don’t think Walker had any role in developing them; while the lead role was taken by governors and the business community (IBM in particular), the standards were finished by the time Walker was governor. He did, however, strongly embrace them.

    At the time, opposition came mostly from the far left: people who opposed testing and thought the core would inhibit creativity. A much smaller group opposed them because they felt the common core standards were less rigorous than the best state standards, such as those in California and Massachusetts. However, there was widespread agreement that Wisconsin’s standards were among the worst in the nation, both unchallenging and hopelessly general.

    Recently the extreme left has been joined by the extreme right, which apparently has led to Walker’s (and the legislature’s) cold feet.

  5. Todd Spangler says:

    There are some number of conservatives out there who also question the use of public funds for building facilities for pro sports teams — Jay Weber on WISN-AM still feels it was a mistake to build Miller Park, and he doesn’t seem to be in favor of diverting funds for a new Bucks arena, either. However, I think it’s also true that he is not a big sports fan, either — from my perspective, that’s probably a plus for him, at least as far as conservatives go.

    In St. Louis, there is a degree of regional cooperation in regard to funding the sorts of thing Tim Sheehy is talking about, but there is a differentiation between legitimate cultural institutions, such as the St. Louis Zoo, Missouri History Museum, and St. Louis Art Museum, from venues that are primarily used for pro sports teams, such as the Edward Jones Dome where the St. Louis Rams play. In the case of the EJ Dome, the city, county, and state are currently paying a combined $24 million/year servicing the bonds used to build the facility in the 1990’s and are required to continue with that obligation until the bonds are finally paid off (something like 10 more years). However, that revenue stream is from a separate funding authority created specifically to build the dome.

    At present, St. Louis is in a similar — actually, even worse — position than Milwaukee is because the Rams’ lease at the dome specifies that the facility is to be kept in a top tier (upper 25%) status in relation to other NFL facilities, and unfortunately, nonretractible domes have now gone out of vogue in the NFL. The Edward Jones Dome is currently nowhere close to being in the top quarter of NFL stadiums and is certainly in the bottom half, and perhaps/probably even bottom quarter of NFL venues. The Rams have asked for a $700 million overhaul of the facility to give it more of an open air quality, and at present, the regional leaders have rejected that concept, which will allow the Rams to leave after the 2014-2015 season as things stand. The Rams are a 2nd class team here below the Cardinals, much as the Bucks are a 2nd or even 3rd class team behind both the Packers and probably Brewers. You can effectively argue the case for a Bucks arena both ways — considering the mediocrity of this franchise under Herb Kohl’s ownership, unfortunately, I think it winds up being a very tough sell.

  6. Bruce Murphy says:

    To Tim: This was just an update of past columns I’ve done. I have written in the past about Herb Kohl and the fact that the value of the Bucks franchise has risen 16-fold since he bought it in 1985. You’ll find one such story here: http://urbanmilwaukee.com/2013/04/16/murphys-law-myths-about-a-new-nba-arena/
    Kohl has said he will contribute to a new facility, but has never said how much. I think that should continue to be part of the discussion here.

  7. MKElocal says:

    Marquette Law & the Journal Sentinel hosted a conference on a new sports and entertainment center last April (http://law-media.marquette.edu/Mediasite/Play/53bd4c8295e24e2c8009c7a2863e98341d?catalog=1633a2bd-6e3e-4b49-b981-a166885c0833). The big take away is that public funds will NOT be available. This came from both Republican and Democratic elected officials. Many point to Oklahoma City as an example Milwaukee should follow. Since we don’t have a cluster of Fortune 100 energy companies clustered downtown, I’m not sure we can do what OKC did.

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