Park Towne News & Notes
 
"Confidence is contagious and so is lack of confidence, and a customer will recognize both." - Vince Lombardi 
 
Have a great week!

 

Joe

Development News for the Weeks of: 10/4/2014 - 10/10/2014    

CITY NEGOTIATORS REVEAL CONCEPTS FOR DOWNSIZED MONONA TERRACE HOTEL

The option would have fewer rooms, far less meeting rooms and civic space.
-Wisconsin State Journal

MID-RISE APARTMENTS PLANNED AT UNION CORNERS

Gorman & Co. will make an presentation Wednesday on a pair of mixed-use 4-story buildings at the long vacant east-side site
-The Cap Times

ST. PAUL CHURCH BACK WITH SMALLER PLAN FOR CAMPUS FACILITY
The $25 million redevelopment drops student apartments from its original plan.
-The Cap Times

RURAL LAND SALES UP 56% WHILE AVERAGE PRICE DIPS IN SOUTHWEST WISCONSIN

This year "defies tradition" in rural land sales, real estate agent Jay Frazier says.
-Wisconsin State Journal

DANE COUNTY SEPTEMBER HOME SALES DOWN SLIGHTLY, WHILE PRICES RISE

The total of 551 sales in September was only nine off the pace set last year, which ended as third best on record
-Wisconsin State Journal

FOCUS ON DANE COUNTY: MIDDLETON TO CONSIDER TIF FOR APARTMENT DEVELOPMENT

The Middleton Plan Commission on Tuesday unanimously recommended $233,108 in tax increment financing (TIF) to support energy efficient features in the third building of T. Wall Enterprises' Tribeca Village. The TIF recommendation will move to the City Council for approval.
-Wisconsin State Journal

ONE AVENUE, TWO CONCERT VENUES: WHAT GIVES?

A pair of developments proposed for opposite sides of East Washington Avenue both include new music clubs.
-The Cap Times

Around the State and Points Elsewhere  

MILWAUKEE COUNCIL OVERRIDES BARRETT VEO OFHOME LOAN PROGRAM

The Milwaukee Common Council successfully overrode Mayor Tom Barrett's veto of an interest-free home improvement loan program.
-Milwaukee Journal Sentinel      

NEW PHASE OF ZOO INTERCHANGE RECONSTRUCTION UNDERWAY

In the past two years, the DOT has worked on the roads surrounding the interchange so they can handle extra traffic.
-Milwaukee Journal Sentinel    

  

GRAND AVENUE MAY BE USED FOR COLLEGE SPACE UNDER FINANCING PLAN

The Redevelopment Authority's board granted preliminary approval to issuing up to $20 million in tax-exempt bonds to a local nonprofit group to buy and redevelop the Shops of Grand Avenue
-Milwaukee Journal Sentinel 

7-STORY UPSCALE APARTMENT BUILDING PLANNED NORTH OF DOWNTOWN

Known as The Rhythm, the building will have 140 studio and one-bedroom units at 1632-1640 N. Water St., said developer Tim Gokhman
-Milwaukee Journal Sentinel

METRO-AREA HOME SALES UP 3.6% IN SEPTEMBER

Sales of existing homes in metropolitan Milwaukee rose 3.6% in September, the first time in 2014 that a monthly total topped last year's performance.
-Milwaukee Journal Sentinel   

    

BROOKFIELD PANEL ENDORSES $2.6 MILLION IN TIF FUNDING OFR DEVELOPMENT NEAR CAPITOL AIRPORT

The City of Brookfield Plan Commission unanimously endorsed providing $2.6 million in grants for a 26-acre industrial development north of Gumina Road, between Barker and Springdale roads.
-Brookfieldnow.com

MUKWONAGO TO CONSIDER MIXED-USE DEVELOPMENT NEAR LAKE

The Village of Mukwonago has purchased a 3.4-acre property that will be a future development site--possibly for a mix of uses, with an urban style.
-Milwaukee Journal Sentinel
 

  

INVESTORS DEED PARK PLACE OFFICE BUILDING TO LENDER

Investment groups led by developer Michael Dilworth have deeded an office building at Milwaukee's Park Place business park in lieu of foreclosure, according to state real estate records.

-Milwaukee Journal Sentinel

  

WISCONSIN GREEN BUILDING ALLIANCE HONORS STATE'S GREENEST PROJECTS  

The team for Northwestern Mutual's Van Buren Office Building, led by Mortenson Construction, will take top honors in the Sustainable Energy Efficiency competition

-Milwaukee Journal Sentinel

  

STATE STREET STATION IN WAUWATOSA GETS MIXED FEEDBACK BUT MOVES AHEAD

Although many neighbors said they didn't think the five-story development planned for the Wauwatosa Village fit the neighborhood, preliminary plans for State Street Station gained approval Monday from the Wauwatosa Plan Commission.
-Wauwatosanow.com

VIDEO: TOM DAYKIN DISCUSSES BUYING DISTRESSED PROPERTIES

A former factory building at W. Hadley and N. 4th streets was sold to Florida-based Mercy Foundation Group, which specializes in buying properties at bargain prices, and then reselling them to generate proceeds for its charitable mission.
-Milwaukee Journal Sentinel