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REDEVELOPMENT AUTHORITY

Thursday, July 17, 2025 · 1:30 PM AM · 809 North Broadway, 1st Floor Boardroom

TL;DR

The Milwaukee Redevelopment Authority approved four new Tax Incremental Financing (TIF) Districts that will support urban development projects in different city areas. The board also authorized two significant brownfield loans to support redevelopment projects on Martin Luther King Junior Drive, totaling $1.25 million to help transform vacant or underused properties.

Key Decisions

  • TIF District No. 127 at 100 E. Wisconsin Passed
  • TIF District No. 59 Bronzeville Cultural Amendment Passed
  • TIF District No. 123 Northwoods Passed
  • TIF District No. 128 Compass Lofts Passed
  • Brownfield Loan for Compass Lofts ($500,000) Passed
Agenda PDF Minutes PDF

Agenda

  1. The Redevelopment Authority of the City of Milwaukee Meeting will be a hybrid with in-person and virtual options available. Instructions, virtual access and meeting details can be found on the Redevelopment Authority website: https://city.milwaukee.gov/DCD/BoardsCommissions/racm. Individuals wishing to provide testimony relating to this matter are encouraged to do so via the following methods: 1. Submit comments via email no later than one business day prior to the start of the meeting: RACMInfo@milwaukee.gov. 2. Microsoft Teams (viewing and participation) - Please see below for details on how to watch the meeting online. There is a chat feature that will allow you to submit questions or comments during the meeting. Please join the July 17, 2025 RACM Board meeting from your computer or mobile app Or call in (audio only) +1 414-251-0392, 627658419# United States, Milwaukee Phone Conference ID: 627 658 419#
  2. Pledge of Allegiance
  3. Roll Call
  4. Minutes
  5. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 127 (100 E. Wisconsin).
  6. 5. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 127 (100 East Wisconsin).
    Resolution
  7. Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 59 (Bronzeville Cultural and Entertainment District).
  8. 7. Resolution approving the First Amendment to the Project Plan for Tax Incremental Financing District No. 59 (Bronzeville Cultural and Entertainment District).
    Resolution
  9. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 123 (Northwoods).
  10. 9. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 123 (Northwoods).
    Resolution
  11. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 128 (Compass Lofts).
  12. 11. Resolution adopting the boundaries and Project Plan for Tax Incremental Financing District No. 128 (Compass Lofts).
    Resolution
  13. Resolution authorizing a loan up to $500,000 from RACM’s EPA Brownfield Revolving Loan Fund to Compass Lofts MLKEDC, LLC or an agreed upon affiliate to be used on the property at 3116 North Martin Luther King Junior Drive, Milwaukee, Wisconsin.
  14. 13. Resolution authorizing a loan up to $500,000 from RACM’s EPA Brownfield Revolving Loan Fund to Compass Lofts MLKEDC, LLC or an agreed upon affiliate to be used on the property at 3116 North Martin Luther King Junior Drive, Milwaukee, Wisconsin.
    Resolution
  15. Resolution authorizing a loan up to $750,000 from RACM’s EPA Brownfield Revolving Loan Fund to Union at Rose Park, LP or an agreed upon affiliate to be used on the properties at 3030 – 3064 North Martin Luther King Junior Drive, Milwaukee, Wisconsin.
  16. 15. Resolution authorizing a loan up to $750,000 from RACM’s EPA Brownfield Revolving Loan Fund to Union at Rose Park, LP or an agreed upon affiliate to be used on the properties at 3030 - 3064 North Martin Luther King Junior Drive, Milwaukee, Wisconsin.
    Resolution
  17. Other Business
  18. Adjournment
  19. Untitled item
  20. In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting.
  21. Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202.