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Business Successes on the Lower Kinnickinnic (KK) River
Milwaukee, Wisconsin
Dave FerronReal Estate Manager, Paul Davis Restoration
Chairman, City of Milwaukee Business Improvement District No. 35
09 / 16 / 2004
02 / 28 / 2005
Early Involvement
Efforts Began in Late 1990’sLocal Property Owners/Neighbors
Milwaukee River OrgsCity of MilwaukeeWDNR and USEPA
Business Improvement District
Special Assessment Districts of CityCreated By Petition of Commercial Owners
Self-Established Budgets / AssessmentsBoard Appointed by Mayor
Goals & Objectives
Environmental RemediationNavigable Water
Economic StimulusNeighborhood Revitalization
Increased Property ValueDevelopment Opportunities
The $24 Million Project
Federal Great Lakes Legacy Act $14.3MWisconsin’s Growing Milwaukee Initiative $7.7MWaterfront Property Owners $1.4MCity of Milwaukee $250KBusiness Improvement District $250K
09 / 16 / 2004
BEFORE
AFTER
BEFORE
AFTER
Economic Stimulus and
Neighborhood Revitalization
Waterfront RedevelopmentBrownfield Development
Job CreationProperty Value Increases
Re-establishment of Riverfront BusinessesNeighborhood Improvements
Waterfront Redevelopment
Private Investments:Horny Goat & Marina $4.0 MPaul Davis Restoration $5.5 MOther (est) $2.5 M
$12.0 M
Paul Davis Restoration40,000 SF Brownfield
Redevelopment
New Boaters Lounge, River Walk and Slips
New Fishing Wharves and Launch Ramp and Large
Vessel Dock
Restaurant, Sports Center, Slips, River Tours
Milwaukee MarineRestoration
Future Micro-brewery
Pier MilwaukeeRejuvanation
Economic Stimulus and
Neighborhood RevitalizationNew Restaurant / Pub and Sports Complex
River and Brewery ToursPlanned Microbrewery Pub
Horny Goat Pub / Restaurant / Sports Center
Milwaukee’s Newest Waterfront Destination
Horny Goat Pub / Restaurant / Sports Center
• 50-seat outdoor bar• 68 umbrella tables• 3 fire pits• Stage for live music• Enclosed beach volleyball
courts that converts to winter ice rink
• River boardwalk with 10 slips• River tours
Horny Goat Pub / Restaurant / Sports Center
Horny Goat Pub / Restaurant / Sports Center
Brownfield Redevelopment
New 40,000 SF Building on Adjacent
3.5 Acre Former Brownfield Site
Former AELCO Foundry at 1966 S. 4th St.
New Development Under Construction
Brownfield Redevelopment
Job Creation / New Employment
Immediate 69 FTE150 Seasonal
Future 50 FTE (10 per year for 5 years)
Paul Davis Restoration40,000 SF Brownfield
Redevelopment
New Boaters Lounge, River Walk and Slips
New Fishing Wharves and Launch Ramp and Large
Vessel Dock
Restaurant, Sports Center, Slips, River Tours
Milwaukee MarineRestoration
Future Micro-brewery
Pier MilwaukeeRejuvanation
Economic Stimulus and
Neighborhood RevitalizationAdditional Piers/SlipsNew River Walk Plans
River ToursBoater’s Lounge
Fisherman’s WharvesIncreased and Improved Boat Storage
Economic Stimulus and
Neighborhood RevitalizationCity of Milwaukee Southeast Side Plan
Adjacent Property ImprovementsInterchange Improvement Planning
Street ImprovementsEstablished Long Term Planning
Business Successes on the Lower Kinnickinnic (KK) River
Milwaukee, Wisconsin
Dave FerronReal Estate Manager, Paul Davis Restoration
Chairman, City of Milwaukee Business Improvement District No. 35