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Committee backs TID 16 Research Park West project plan amid concerns about scope and public input
Summary
The committee recommended approval of Tax Incremental District 16’s project plan (6–2), a 40‑acre mixed‑use district aimed at redeveloping the Sonesta Hotel and other parcels, projecting about $101.5 million in new taxable value and $34.2 million in expenses including $25.8 million in development incentives.
The Financial Affairs Committee on Jan. 20 recommended the adoption of the Tax Incremental District 16 (Research Park West) project plan by a 6–2 vote, advancing a proposal that staff says aims to catalyze redevelopment and address high office vacancy in the Milwaukee County Research Park area.
Consultant John Cameron of Ehlers summarized the plan as a 20‑year, mixed‑use TID covering roughly 40 acres along the western edge of the Research Park. "The district is primarily being created to pay the costs of…
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