Park Towne News & Notes
Joe
Development News for the Week of: 3/2/19 - 3/8/19

DEVELOPER SCALES BACK PLANS FOR CITY-OWNED SITE ON SOUTH SIDE

A developer has scaled back plans for a grocery store, housing and parking on a 3.5-acre, city-owned lot on South Park Street. But city staff say the $18 million project still doesn't meet some design standards and requires too much public financial support.
- Wisconsin State Journal
 
 
Democratic Gov. Tony Evers has requested more than $2.5 billion in his two-year building projects capital budget, with close to half of the proposed money going to upgrades and renovations at University of Wisconsin System facilities.
- Wisconsin State Journal

 
Gov. Tony Evers proposed Wednesday that the state kick in $30 million to support a redevelopment plan at the Dane County-owned Alliant Energy Center.
- Wisconsin State Journal  
Around the State and Points Elsewhere  


The operators of downtown Milwaukee's convention center are looking for ways, other than a restaurant meal tax increase, to finance its long-planned expansion.The Wisconsin Center District plans to issue a request seeking proposals from lenders nationwide on how to pay for the $250 million expansion.
-Milwaukee Journal Sentinel
 

Downtown Milwaukee's former Grand Avenue mall would receive $9 million in city financing help for its redevelopment under a new proposal.
If approved by city officials, it would be the latest in a series of public funds that have gone to the Grand Avenue site since it was first developed in the early 1980s.
-Milwaukee Journal Sentinel
 
 
The Milwaukee Journal Sentinel's downtown buildings have received temporary historic designation - a status that requires city approval for any exterior changes.Monday's unanimous decision by the Historic Preservation Commission could lead to the commission also granting permanent designation. That would require Common Council approval.  
-Milwaukee Journal Sentinel
 
 
The developer of the proposed Couture high-rise on downtown Milwaukee's lakefront is being given more time to seek a federal loan guarantee needed to finance the $122 million project. 
-Milwaukee Journal Sentinel 
 
 
The amount of cash provided to commercial developers by Wisconsin communities would be limited under the new state budget proposal from Gov. Tony Evers. While that wouldn't stop local money flowing to such projects as Foxconn Technology Group's factories, it could affect future developments in Milwaukee and other communities.   
-Milwaukee Journal Sentinel