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Committee backs Cutterhay Farms rezoning and tax-increment plan for 212-unit housing campus
Summary
The zoning committee recommended approval of a detailed plan development and a companion tax-increment financing plan for "Cutterhay Farms," a 212-unit housing campus proposed by Royal Capital Group on the city's northwest side.
The Zoning, Neighborhoods & Development Committee recommended approval on Monday of a detailed plan development rezoning and a companion tax-increment financing (TIF) package for Cutterhay Farms, a mixed housing campus proposed on a former YMCA site on Milwaukee's northwest side. The developer, Royal Capital Group, told members the proposal for Phase 1 would build 212 units ' 112 family units and 100 senior units ' on the western portion of a roughly 52-acre site that contains significant wooded and wetland areas.
Committee action: The committee introduced and adopted Substitute A to the zoning file to limit the entitlement before the council to the single-phase, 212-unit campus and recommended adoption of the zoning entitlement. The committee also recommended adoption of the companion resolution to create Tax Incremental District…
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