News & Notes
What a great weekend for golf fans. The Ryder Cup is going on today through Sunday in Chicago. I am going down for the final day on Sunday, it should be a great time.

Have a great week!

 

Joe  

Development News for the Week of:    9/22/2012 -  9/28/2012   

STATE ECONOMIC DEVELOPMENT BOARD NOT TOLD OF HUD CRITICISMS

 

Gov. Scott Walker did not tell the state's economic development board about concerns raised by federal officials that for eight months the state's flagship jobs agency spent nearly $10 million without legal authority.

-Wisconsin State Journal

 

WALKER TO UNVEIL NEW 'IN WISCONSIN' BRAND

 

Gov. Scott Walker and state economic development leaders on Wednesday unveiled a new "In Wisconsin" ad campaign aimed at getting companies to move to the state and increase their business there.

-Wisconsin State Journal


 FEDS SLAM STATE AGENCIES OVER USE OF ECONOMIC-DEVELOPMENT MONEY 

 

A federal agency has ordered the state to improve the way it handles economic-development money from the U.S. Department of Housing and Urban Development.

-Wisconsin State Journal

 

STATE COMPANIES MAKE PITCHES TO CHINESE INVESTORS

 

The state will spend $2 million this year on a branding campaign to promote the benefits of starting, expanding or locating a business in the state.

-Milwaukee Journal Sentinel

 

MONONA OKS LUXURY APARTMENT DEVELOPMENT

 

Restaurants, stores and luxury apartments with concierge services are expected to rise on a small but prominent scrap of land along the Yahara River where a few years ago trailer-dwellers were forced from their $300-a-month lots.

-Wisconsin State Journal

 

 

Dane County wasn't hammered by the housing crash to the extent many places in the U.S. were, especially in the South and West, where cities in Florida, California and Nevada were among the hardest hit.

-Wisconsin State Journal

 

BEST, WORST MONTHS FOR OFFERS, SHORT CLOSING TIMES IN DANE COUNTY HOUSING MARKET

 

It's no secret that real estate is seasonal. Everybody knows summer is the hot time for buying and selling houses, and that dead of winter is not.

-Wisconsin State Journal

 

 

 

 

 

 

 

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Around the State and Points Elsewhere  

 

COUNCIL REJECTS MOVE TO HOLD REFERENDUM ON STREETCAR

 

By an 11-3 vote, Milwaukee aldermen voted Tuesday to reject a move to hold a referendum on a proposed $64.6 million modern streetcar line.

-Milwaukee Journal Sentinel

 

 

State Sen. Lena Taylor, D-Milwaukee, on Tuesday issued a request for an audit of the Wisconsin Housing and Economic Development Authority's (WHEDA) allocation of $43.5 million Midwest Disaster Area bonds for Jackson Street Management.

-Milwaukee Biz TImes

 

 

Northwestern Mutual Life Insurance Co.'s plans for a new office building to replace the 16-story, 451,964-square-foot East Building on its downtown campus appear to be focused downtown, rather than at its Franklin campus.

-Milwaukee Biz Times

 

 

A development group led by Related Cos. has landed a loan to resume construction of Waterview Tower, the 27-story concrete structure on Wacker Drive that has sat unfinished since its prior developer ran out of money in 2008.

-Milwaukee Biz Times

 

MAZOLA AGREES TO HAND OVER FAILED SOUTH LOOP CONDO PROJECT

 

Developer Ted Mazola has agreed to end a bitter bankruptcy fight over a failed South Loop condominium project by handing the property over to its lender.

-Milwaukee Biz Times

 

THE CORNERS FINANCING PROPOSAL GETS FIRST HEARING

 

A proposal for the Town of Brookfield to help finance The Corners retail and apartments development had its first public hearing Wednesday night.

-Milwaukee Journal Sentinel

 

 STATE BACKS 'IN WISCONSIN' MARKETING CAMPAIGN

 

The state will spend $2 million this year on a branding campaign to promote the benefits of starting, expanding or locating a business in the state.

-Milwaukee Journal Sentinel

 

LANNON CONDO DEVELOPMENT HIT WITH FORECLOSURE SUIT

 

A condo development in Lannon has been hit with a foreclosure suit.

-Milwaukee Journal Sentinel

 

ELEMENT HOTEL PROPOSED FOR PARK EAST GETS BOOST

 

A 110-room Element hotel proposed for downtown Milwaukee's Park East area got a boost Wednesday, with a County Board committee recommending negotiations to sell a county-owned parcel for the project.

-Milwaukee Journal Sentinel

 

LIBRARY APARTMENTS WIN PRELIMINARY FINANCING OK

 

A proposal to build apartments above a new library on Milwaukee's east side has won preliminary approval for a federal loan guarantee.

-Milwaukee Journal Sentinel

  

OCONOMOWOC MANUFACTURER DOUBLING ITS SPACE

 

Premold Corp., which makes plastic parts for medical device manufacturers, is more than doubling the size of its Oconomowoc facility.

-Milwaukee Journal Sentinel

  

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