The Redevelopment Authority of the City of Milwaukee will hold a public hearing Thursday on its plans to create a tax increment financing district to aid construction of Milwaukee-based Northwestern Mutual Life Insurance Co.’s new office building.
Published: July 19, 2012
Tags: Department of City Development, Greg LeRoy, HellermannTyton, Jeff Fleming, Mark Nicolini, Milwaukee Economic Development Corp., Redevelopment Authority of the City of Milwaukee, Terry Tuttle, TIF
A Milwaukee cable manufacturer and the city are nearing a deal that would give the company a chance to recoup a portion of the cost of buying and improving a 92,300-square-foot building.
In my 17 years of work in government and my four-plus years as president of the Public Policy Forum, I have never had comments I made to a reporter as utterly distorted and mischaracterized as those attributed to me in a June 20 article on TIF extensions in The Daily Reporter.
Published: June 20, 2012
Tags: J. B. Van Hollen, Jeff Fleming, Jim Bohl, Kathleen Hohl, MATC, Milwaukee Area Technical College, Milwaukee County, Milwaukee Public Schools, Rob Henken, tax incremental finance districts, TID, TIF
A green light from the state attorney general’s office has emboldened a Milwaukee alderman to renew his request to extend TIF districts to pay for roadwork in the city.
Published: April 27, 2012
Tags: AECOM, Apex Commercial, Dental Associates Ltd., Focus on Commercial Real Estate, Grubb & Ellis, Kohl's Corp., Michael Murphy, Michael Streit, Milele Coggs, Milwaukee, real estate, Robert Bauman, TIF, Willie Hines, Willie Wade
When officials at Kohl’s Corp. announced in February they wouldn’t build a new headquarters in downtown Milwaukee, many observers talked about what could have been.
A lawsuit from two Madison residents contesting the merits of a controversial downtown hotel expansion project will not be heard by the state Supreme Court.
A tie vote of the Madison Common Council has put one of the city’s most controversial developments back on the ropes.
Published: July 18, 2011
Tags: Bob Donovan, Brian Manthey, Milwaukee, Nik Kovac, Rail, referendum, streetcar, tax-incremental financing, TIF, Tom Barrett, Transportation, W. Martin Morics, We Energies
By James Briggs A Milwaukee alderman on Monday called for a referendum to let voters advise Common Council members on whether the city should build a $64.6 million streetcar line. Calling financial projections for the project “rosy,” Alderman Bob Donovan said he has yet to hear from a single resident in his district who supports [...]
Published: June 9, 2011
Tags: 1000 Friends of Wisconsin, Aubinger, Chad Weininger, Cornerstone, Ehlers & Associates, Hiniker, Jim Schmitt, Lambeau Field, Michael Harrigan, Robert Cowles, tax incremental finance districts, TIF
By James Briggs A proposed bill floating through the Legislature would let cities team up on tax incentives for development projects. The bill, co-authored by a pair of Green Bay Republicans, Rep. Chad Weininger and Sen. Robert Cowles, would let neighboring municipalities create tax incremental finance districts that cross city borders. TIF districts let municipalities [...]
Published: June 2, 2011
Tags: Brookfield, Center for Urban Initiatives and Research, Edgewater Hotel, Institute for Local Self-Reliance, John Kovari, Legislative Fiscal Bureau, Marcus Corp., Menard Inc., Patrick Liston, Rick Czopp, Sen. Mary Lazich, Southridge Mall, Stacy Mitchell, Steve Hiniker, tax incremental finance districts, tax-incremental financing, TIF, Wal-Mart
The number of tax incremental finance districts is skyrocketing in Wisconsin as municipalities reach for any tool to promote new construction and job growth.