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West Allis economic development committee approves rezoning, lease amendment and two business loans
Summary
The economic development committee approved a rezoning ordinance for property on West Mitchell, amended a parking lot lease with Deco Venues, and approved two economic development loans under the Capital Catalyst program.
The City of West Allis economic development committee approved several business and land-use measures, voting to adopt a rezoning ordinance, approve an amended parking-lot lease and authorize two economic-development loans.
The committee voted to rezone 6604-20 West Mitchell Street from I-1 (industrial) to C-3 (commercial). Members approved the ordinance by voice vote with no recorded opposition.
The committee also approved a resolution amending the nonexclusive parking lot lease between the city and Deco Venues, owner of property at 7546 West Greenfield Avenue, for use of city-owned parking lots at 7525 West Greenfield Avenue and 14 S. 70th Street. Substantive changes discussed and incorporated into the amendment included making the lease start on the business's opening date (rather than a fixed September 1, 2025 start), clarifying a five-year hard expiration, converting rent to an annual amount payable quarterly, and adjusting due dates to match the floating start date. Committee members confirmed that nonpayment could lead to revocation of a related special-use permit through the city process.
The committee approved an economic development loan to Oak Brewing Company LLC — up to $150,000 under the Capital Catalyst Loan Program — and a second loan of $50,000 to Bars and Recreation, Inc., d/b/a (name recorded in packet as) SSBMKE, Inc. Patrick noted the CDBG loan structure leverages private funds and is designed to spur job creation; the $50,000 loan was presented as a five-year note with interest and forgiveness tied to commitments to create jobs for low- and moderate-income people.
All items were approved by voice vote.
The actions convert vacant or underused properties to active business uses and update lease and loan terms to align with opening schedules and project financing.
