New Rolling RFP for Block 22

Just Released!  Milwaukee County has released a new Rolling RFP for Block 22 of the Park East, located along Water Street on the east side of the Milwaukee River.  Information about this 2.2 acre parcel can be found under “The Property” tab.  You can access the RFP under the “RFP EAST” tab.  Submissions will be reviewed on a monthly basis until both lots of Block 22 are under option, with proposals due the first Monday of every month beginning August 3, 2015 to the County Clerk’s office, 901 N. 9th Street, Room 105, Milwaukee, Wisconsin, 53233.


Information, public meeting on Head of the Heard proposal

Looking for more information about the Head of the Herd LLC proposal for all of Park East Blocks 1, 2, 4 and 7? Check out Milwaukee County Legistar File Nos. 15-413 and 15-442 for the Reports, FAQs and video clips of prior meetings. The next Economic and Community Development Committee meeting discussing these items is scheduled for 9:00 AM on Monday, July 20, 2015 in Room 201B of the Milwaukee County Courthouse, 901 N. 9th Street, Milwaukee, WI 53233. (Note: time and location of meeting are subject to change.)


Community Development Financial Institutions Fund Logo

Financing Incentives That Offer Flexibility

New Markets Tax Credits (NMTC) can be deployed in much of the Park East. The NMTC program offers flexible financing options, such as below-market interest rates; longer-than-standard, interest-only periods; higher-than-standard loan-to-value ratio; or gap financing. For more information on the NMTC program, visit the Community Development Financial Institutions Fund or call the Milwaukee Economic Development Corporation at 414-286-5840 and ask for David Latona or Tracy Luber.