Below is an excerpt from the June 30, 2020 Milwaukee Journal Sentinel article “City cash totaling $3.1 million endorsed for a $59 million mixed-use development on Milwaukee north side” by Tom Daykin
The planned transformation of a large, historic Milwaukee central city industrial site into affordable apartments, as well as commercial and community space, would get city financing help under a proposal endorsed Tuesday.
Known as The Community Within The Corridor, the $59 million project will redevelop around 7 acres bordered by West Center, West Hadley and North 33rd streets, and Union Pacific railroad tracks. It was once home to Briggs & Stratton Corp.
Six buildings, ranging from one to three stories and totaling 380,000 square feet, will be converted into 197 apartments, 23,000 square feet of commercial space and 40,000 square feet of recreational and community space, according to a Department of City Development report.
The financing is to include $3.15 million in city cash. That would be provided by annual payments of the development’s new property tax revenue for around 20 years. That tax incremental financing district was recommended for approval Tuesday by the Common Council’s Zoning, Neighborhoods and Development Committee. A council vote is set for July 7.
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The buildings date to 1906, according to the Wisconsin Historical Society. They housed Briggs & Stratton operations before closing in the mid-1980s.
The nearly 200 apartments will range from efficiencies to four-bedroom units.
The Community Within The Corridor will include a large recreation center, with basketball courts and other amenities for residents, which also will host community events. Outdoor rec uses will include a small skateboard park and a putting green.
The commercial space will include a child care center, grocery, laundromat and job training center.
You can read the full Journal Sentinel article here: https://bit.ly/2YTHgIp.
Rendering courtesy of Continuum.