|From:||Lenny Siegel <email@example.com>|
|Date:||12 Oct 2006 05:08:56 -0000|
|Subject:||[CPEO-BIF] University of Wisconsin - Milwaukee dorm project|
Brownfield grant clears way for new UWM dorm|
Milwaukee Small Business Times (WI) October 11, 2006
The University of Wisconsin-Milwaukee Real Estate Foundation Inc. today received a $100,000 Blight Elimination and Brownfield Redevelopment (BEBR) grant from the Wisconsin Department of Commerce to help clear the way for construction of a new student dormitory.
The grant will help UWM remediate a four-acre site at 1194 East North Ave., where the university plans to construct a six-story dorm. Total costs for the remediation will be nearly $1 million, and the total investment in the form project will exceed $26 million. Five new full-time jobs with health insurance benefits will be created within two years of the completion of the project.
"Through my 'Grow Wisconsin' plan, we are strengthening our cities by restoring vacant and blighted commercial and industrial areas to productive use," said Gov. Jim Doyle.
For the entire article, see http://www.biztimes.com/daily/2006/10/11/brownfield-grant-clears-way-for-new-uwm-dorm
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