By Marie Rohde Milwaukee’s assessor is disputing state figures that show a steep decline in the value of properties in the Menomonee Valley. In fact, Mary Reavey said, the Wisconsin Department of Revenue is dramatically off-base in its evaluation of ...

Tagged with: Department of City Development Department of Revenue HSI Properties Ingeteam Menomonee Valley tax-incremental financing TIF

By Marie Rohde Property taxes in the tiny central Wisconsin village of Warrens soared by 40 percent last year and things don’t look much better for this year. Warrens is a victim of a development district that’s in distress and ...

Tagged with: Bayshore Town Center Glendale Maslowski tax-incremental financing TIF Wisconsin Department of Revenue

By Joe Lanane A lack of officially committed developers for the University of Wisconsin-Milwaukee’s Innovation Park is raising questions over the frugality of a Wauwatosa investment in the project. Bill Holahan, UWM economics department chairman, characterized the tentative developers for ...

Tagged with: common council Dave Gilbert Innovation Park Jim Schmitt Luljak Nancy Welch Plan Commission TIF University of Wisconsin-Milwaukee UWM UWM Real Estate Foundation Wauwatosa

By Joe Lanane The office of Wauwatosa mayor Jill Didier confirmed Wednesday that city officials will meet with University of Wisconsin-Milwaukee developers on Thursday morning to discuss a proposed engineering campus. The $250 million UWM Innovation Park would include both ...

Tagged with: common council Innovation Park Nancy Welch Plan Commission TIF University of Wisconsin-Milwaukee Wauwatosa

By Bill Clements Special to The Daily Reporter Wauwatosa and the University of Wisconsin-Milwaukee Foundation are racing the clock to create a development district for the $250 million Innovation Park project before Sept. 30. If the city can create the ...

Tagged with: Milwaukee County Plan Commission tax-incremental financing TIF Wauwatosa

Paul Snyder [email protected] The estimated $100 million Union Corners development proposed for Madison is dead, but Mayor Dave Cieslewicz said he wants to attract another developer to bring the long vacant site to life. “I’m confident that as we come ...

Tagged with: Madison Madison Common Council Marshall & Ilsley Corp. tax-incremental financing TIF Union Corners

By Sean Ryan Public money is fueling the tug of war for private development in cities such as Waukesha, where two manufacturers are requesting city support for expansions. Waukesha Electric Systems Inc., which plans an estimated $70 million expansion, is ...

Tagged with: tax-incremental financing TIF Waukesha Waukesha Electric Systems

By ??Paul Snyder The Madison Common Council on Tuesday lifted a 50 percent pre-lease requirement to provide a construction loan for a proposed business incubator. The council’s action allows planning to proceed for BioLink, a 31,000-square-foot project that will hold ...

Tagged with: Board of Estimates common council incubator lease Madison Rummel TIF

By Sean Ryan A public notice snafu sabotaged the village of Kimberly’s request for a development district. A math dispute between Union Grove and the state Department of Revenue undid the village’s attempt to create a similar district. Milwaukee simply ...

Tagged with: Department of Revenue Milwaukee Milwaukee Economic Development Corp. Scherer tax incremental financing districts TIF Union Grove Wisconsin Legislature

By Sean Ryan There are no guarantees Racine will turn a profit, or even break even, if the city borrows $14.2 million to drum up redevelopment of a riverside property. Risky though it may be, the concept is on the ...

Tagged with: development Racine Racine County redevelopment tax tax-incremental financing TIF