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Clean Rivers, Clean Lake 8 -- Business Successes on the Lower KK River -- Dave Ferron
1. Business Successes on the Lower
Kinnickinnic (KK) River
Milwaukee, Wisconsin
Dave Ferron
Real Estate Manager, Paul Davis Restoration
Chairman, City of Milwaukee
Business Improvement District No. 35
7. Early Involvement
Efforts Began in Late 1990’s
Local Property Owners/Neighbors
Milwaukee River Orgs
City of Milwaukee
WDNR and USEPA
8. Business Improvement District
Special Assessment Districts of City
Created By Petition of Commercial Owners
Self-Established Budgets / Assessments
Board Appointed by Mayor
9.
10. Goals & Objectives
Environmental Remediation
Navigable Water
Economic Stimulus
Neighborhood Revitalization
Increased Property Value
Development Opportunities
11. The $24 Million Project
Federal Great Lakes Legacy Act $14.3M
Wisconsin’s Growing Milwaukee Initiative $7.7M
Waterfront Property Owners $1.4M
City of Milwaukee $250K
Business Improvement District $250K
17. Milwaukee Marine
Paul Davis Restoration
Restoration
40,000 SF Brownfield
Redevelopment
New Fishing Wharves and
Restaurant, Sports Center,
New Boaters Launch Ramp and Large
Slips, River Tours
Lounge, River Walk Vessel Dock
and Slips Future
Micro-brewery
Pier Milwaukee
Rejuvanation
18. Economic Stimulus
and
Neighborhood Revitalization
New Restaurant / Pub and Sports Complex
River and Brewery Tours
Planned Microbrewery Pub
20. Horny Goat Pub / Restaurant / Sports Center
• 50-seat outdoor bar
• 68 umbrella tables
• 3 fire pits
• Stage for live music
• Enclosed beach volleyball courts
that converts to winter ice rink
• River boardwalk with 10 slips
• River tours
24. Former AELCO Foundry at 1966 S. 4th St.
Brownfield
Redevelopment
New Development Under Construction
25.
26. Job Creation / New Employment
Immediate 69 FTE
150 Seasonal
Future 50 FTE (10 per year for 5 years)
27. Milwaukee Marine
Paul Davis Restoration
Restoration
40,000 SF Brownfield
Redevelopment
New Fishing Wharves and
Restaurant, Sports Center,
New Boaters Launch Ramp and Large
Slips, River Tours
Lounge, River Walk Vessel Dock
and Slips Future
Micro-brewery
Pier Milwaukee
Rejuvanation
28. Economic Stimulus
and
Neighborhood Revitalization
Additional Piers/Slips
New River Walk Plans
River Tours
Boater’s Lounge
Fisherman’s Wharves
Increased and Improved Boat Storage
29. Economic Stimulus
and
Neighborhood Revitalization
City of Milwaukee Southeast Side Plan
Adjacent Property Improvements
Interchange Improvement Planning
Street Improvements
Established Long Term Planning
30.
31. Business Successes on the Lower
Kinnickinnic (KK) River
Milwaukee, Wisconsin
Dave Ferron
Real Estate Manager, Paul Davis Restoration
Chairman, City of Milwaukee
Business Improvement District No. 35
Editor's Notes
1. Known investments:PDR $5.5 milllionHorny Goat $3.0 millionOther (est) $1.25 million $9.75 million2. New employmentImmediateFTE 65FutureFTE + 10 per year for next 5 yearsSeasonal + 1353. Higher and better use of the real estate
1. Known investments:PDR $5.5 milllionHorny Goat $3.0 millionOther (est) $1.25 million $9.75 million2. New employmentImmediateFTE 65FutureFTE + 10 per year for next 5 yearsSeasonal + 1353. Higher and better use of the real estate
1. Known investments:PDR $5.5 milllionHorny Goat $3.0 millionOther (est) $1.25 million $9.75 million2. New employmentImmediateFTE 65FutureFTE + 10 per year for next 5 yearsSeasonal + 1353. Higher and better use of the real estate