Home Tags Ivanhoe Place
As East Siders wait to see will come of the Brady Street study and the Ivanhoe Place proposals, the Johnson Administration is also making a pitch to utilize $4.6 million in increment from a Westown area TID and use the funds to design and construct public infrastructure improvements related to Fiserv’s plans to move their headquarters to HUB640, 640 Vel R. Phillips Ave. The spending would include $2.5 million for traffic calming elements, bike facilities, new pavement, trees, landscaping and traffic signals along West Michigan Street between the Milwaukee River and North 6th Street.North Wells Capital, the owner of HUB640, would also receive a cash grant of $1 million for streetscape and sidewalk improvements around the perimeter of the building as part of the $4.6 million. The project plans also include $750,000 for public art and informative kiosks memorializing and celebrating the legacy of Vel R. Phillips at the proposed Vel R. Phillips Plaza at 401 W. Wisconsin Ave.; $100,000 for a pedestrian path and lighting improvements at Zeidler Square; $75,000 for improvements to the West Michigan Street and North 6th Street intersection; and a $175,000 public infrastructure contingency. Amendments to both the East Side and Westown TID plans are slated to be reviewed at a public hearing on Nov. 17. The Westown TID plan amendments would also need to be reviewed Redevelopment Authority of the City of Milwaukee, the Common Council, and the Joint Review Board.
Holiday flash sale! Subscribe to BizTimes and save nearly 40%!
Limited time offer. New subscribers only.