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