Tuesday, May 7, 2013
The hotel would be built on 3.5-acre lot in the research campus.
The UWM Real Estate Foundation Inc. is proposing a 128-room hotel at the Innovation Campus for the ABB development in Wauwatosa, reported Milwaukee Business Journal. The extended stay hotel would be built on a 3.5-acre lot in the area of the campus reserved for a technology business park. Details about the project have not been submitted to the county yet. Development on Innovation Campus under way after the Wauwatosa City Council approved a number of actions and conditions for the new ABB building, an international power and automation technology company, under which the city agreed to provide $2.1 million in tax-financed assistance.
Tuesday, March 5, 2013
ABB building approved for site on County Grounds, with $2.1 million in tax-financed support for parking structure in exchange for 10-year, no-complaints lease.
The Wauwatosa Common Council approved four separate actions Tuesday night to get development on Innovation Campus under way, and released the conditions under which the city agrees to provide $2.1 million in tax-financed assistance. The UWM Real Estate Foundation and developer Zilber Ltd. asked for and received three specific requests on behalf of the first proposed private tenant, ABB Group, a Swiss power systems corporation. First up and passed unanimously and without comment was a land division, essentially a permission to redraw the plat map certifying that the Real Estate Foundation could divide its property and put two acres up for sale to ABB. Next came an amendment to the Building Planned Development adopted in 2010 to allow that …
Saturday, March 2, 2013
Opting to consider burying lines only when and where engineering considerations demand it, commission approves overhead lines for almost all of two new power routes.
After a year and a half of local debate, protest and consenus-building, and considerable expense to Wauwatosa, the Wisconsin Public Service Commission on Friday swiftly approved a plan to construct overhead power lines leading onto the County Grounds. Wauwatosa had joined with Milwaukee County, the City of Milwaukee and many other parties to oppose any overhead lines in the city. Mayor Kathy Ehley called the decision "heartbreaking" and decried the speed with which the commissioners acted on the it and their seeming lack of consideration for any of the local arguments against it. "I was following the tweets on the hearing," Ehley said, "and I was shocked at how fast they moved through this agenda item." "It is just so disheartening," Ehley…
Tuesday, February 26, 2013
The Joint Review Board is the next panel to consider the tax incremental financing package supporting Innovation Campus.
Tuesday, February 19, 2013
With city's final approval, measure that could swell Innovation Campus' TIF District 6 from $10 million to $30 million or more goes to other taxing bodies for consideration.
After a relatively short debate, the Common Council on Tuesday night approved an amendment that allows for much greater spending through the taxing district created a little over two years ago to support UWM's Innovation Campus. The 14-1 vote paves the way for the city to offer the incentive of using tax-incremental financing dollars to assist developers with building parking structures or surface lots for project plan sites. This was the city's final vote, but the measure still has to pass muster with the Joint Review Board, which is composed of the several other taxing entities supported by the Tosa property tax: schools, the county, MATC and MMSD. The amendment includes projections that show that Wauwatosa's TIF District No. 6 could …
Tuesday, February 12, 2013
A proposal working its way through city panels would provide parking incentives for all developments at the park, plus roads and utilities.