The city of Oak Creek is working to free up millions of dollars for road work and incentives to prod along development near the newly opened Ikea near Interstate 94.
The Wisconsin Supreme Court found on Wednesday that local governments are within their rights to encourage projects by providing developers with direct cash incentives, a decision that upholds a financing method used throughout the state.
The Wisconsin Department of Justice's solicitor general says a lawsuit challenging an economic development project could "imperil" the $10 billion Foxconn complex and other ventures in the state.
Several Milwaukee Common Council members, in opposing both spending city money on a proposed extension of the city's streetcar line and the reappointment of the Department of City Development commissioner, say they are not satisfied with what they see as a lack of development outside downtown.
Milwaukee Alderman Robert Bauman's proposal to add a penny to Milwaukee County’s sales tax in order to finance a new Bucks arena came as a result of his argument that the city will be unusually limited in using a tax increment finance district to contribute to the project.
Nearly 60 companies from Milwaukee and other parts of Wisconsin have joined the construction team assembled to put up Northwestern Mutual’s new headquarters building, according to a company news release Wednesday.