[CPEO-BIF] Milwaukee area wide redevelopment

["Hersh, Robert" <hersh@WPI.EDU>]

Milwaukee Launches "Greenlight" District in Industrial Corridor

BizTimes Daily,  WI
January 11, 2007


Milwaukee Mayor Tom Barrett announced today the city will commit significant
resources and work with local, state and federal partners on a plan to
redevelop its 30th Street industrial corridor, similar to the long-range
efforts that went into the revitalization of the Menomonee Valley.
Barrett is calling the project Milwaukee's "Greenlight District," to indicate
a zone where the city gives a "green light" on the use of tax incremental
financing (TIF) and other economic development tools within the corridor to
attract businesses, especially "green" industries.

TIF plans could include funds for job training and specific workforce
development initiatives to help prepare neighboring residents to work at the
industries within the corridor, Barrett said.... 

The corridor has traditionally been a rail corridor through the central city,
providing companies the ability to move raw materials and finished goods in
and out of Milwaukee since the late 19th century.
Barrett said the underused, underutilized industrial properties along the
rail corridor present new opportunities to grow and attract businesses near
remaining successful companies, major transportation routes and an eager
workforce.

...

For the entire article, see
http://www.biztimes.com/daily/2007/1/11/milwaukee-launches-greenlight-distric
t-in-industrial-corridor


Bob Hersh 
CPEO
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