WEDC contributed $10,750 toward Watertown’s $50,000 downtown planning effort. Since completing this plan, Watertown has been able to attract a private investor to acquire and redevelop a downtown anchor that has been vacant for 15 years, and is also establishing a municipal loan fund to address upper-floor vacancy issues identified in the planning process. Planning is also under way for a library expansion, and the city is working to acquire properties and recruit a downtown hotel to meet additional identified demand.
WEDC contributed $147,438 toward a $5 million project to transition a vacant 7.5-acre brownfield into an 88,000-square-foot intergenerational care facility in inner-city Milwaukee. The site, vacant for more than two decades, included 27 separate parcels spanning two city blocks. Brownfields funds helped to contain and cap soils contaminated with PAH and other chemicals. The project also utilized PECFA funds for additional cleanup.
WEDC contributed $6,225 in a Site Assessment Grant for the former Zander Creamery property, which had been vacant for more than a decade. The information from the assessment allowed for the successful redevelopment of the site, which was awarded an additional $288,130 in Brownfields Grant funding from WEDC for remediation costs (primarily cleanup of soil contaminated with arsenic, lead and petroleum) as part of the project. The final project resulted in a three-story, 45-unit apartment building, and represented $4.6 million in private investment, with additional city investment of $1.1 million.
WEDC provided $417,250 toward $1.5 million in planned site improvements on the long-vacant Milk Page site. The project will allow the adjacent Merrill Equipment Company to expand, address environmental concerns, create additional commercial acreage within city limits, and connect downtown to a regional trail system along the river.