Real Estate

The plans for a new $500 million arena in downtown Milwaukee and another $500 million in ancillary development is a once in a lifetime opportunity for the community that leaders must find a way to deliver, a panel of civic and business leaders said Tuesday at a Fuel Milwaukee event.
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The amount of residential foreclosures in the metro Milwaukee area dipped 0.97 percent in February, down from 1.18 percent in February of 2014, according to the latest report from CoreLogic.
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Terre Haute, Ind.-based Thompson Thrift Development Inc. plans to build a 16,267-square-foot retail building, anchored by a pet store, in the Drexel Town Square development in Oak Creek.
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Foreclosure rates in the metro Milwaukee area dipped 0.97 percent in February, down from 1.18 percent in February of 2014, according to the latest report from CoreLogic.
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James Luterbach Construction Co. Inc. plans to build a 72,000-square-foot industrial building on a vacant 11-acre site at 16100 W. Beloit Road in New Berlin, according to plans submitted to the city.
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Mukwonago-based L'BRI PURE n' NATURAL, a direct seller of aloe based skin care, body care, beauty and health and wellness products, will move to a larger building in the village.
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The family of companies affiliated with Beck Aluminum will move from Racine to the former Bosch Group manufacturing plant at 7505 Durand Ave. in Mt. Pleasant.
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Sunnyslope Investments plans to build a 8,000-square-foot, two-story commercial building at 2601 S. Sunny Slope Road in New Berlin.
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Racine-based Educators Credit Union plans to build a 7,280-square-foot branch northeast of Highway 50 and 91st Avenue in Pleasant Prairie.
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The Wisconsin Housing and Economic Development Authority recently announced that 25 projects in the state, including six in southeastern Wisconsin, have received low-income housing tax credits. The credits help fund affordable housing developments in the state.
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