Deal of the Week

County Board committee approves land sale for UWM School of Engineering

The Milwaukee County Board’s Economic & Community Development Committee this week approved the sale of 89 acres of land in the northeast quadrant of the County Grounds to the University of Wisconsin-Milwaukee (UWM) for creation of an engineering campus and other related development. The sale price for the property, located northeast of Highway 45 and Watertown Plank Road in Wauwatosa, is $13.5 million.

The land sale still needs the approval of the full County Board, which will vote on the matter on Thursday, May 21.

- Advertisement -

“This is a great opportunity for our academic and medical institutions to generate world-class research,” said Supervisor Toni Clark, Chairperson of the Committee. “The Milwaukee County community will be better served through this type of partnership than if a private developer had taken over this property.”

The committee also approved an amendment to the purchase agreement that calls for the creation of a replacement butterfly habitat. The butterfly landscaping plan will be developed by UWM, County Parks staff, Milwaukee Public Museum curatorial staff and the Friends of the Monarch Trail.

“We had a spirited discussion with members of the public and representatives from UWM at today’s meeting, and I am pleased that we were able to come to an agreement that allows us to move forward while respecting the Monarch Trail,” Clark said.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Sponsored Content

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.