Wisconsin Department of Commerce Newsletter
Governor Doyle Announces $800,000 to Revitalize Pabst Brewery Complex in Milwaukee
Governor Jim Doyle recently announced $800,000 in State Commerce grants to help redevelop the former Pabst Brewery complex with more than 20 acres of residential, commercial, and educational facilities. The Governor made the announcement at the Old Pabst Tour Center in Milwaukee.
"I believe that our success as a state depends on a thriving Milwaukee," Governor Doyle said. "Redeveloping the Pabst Brewery is an important step in our efforts to strengthen Milwaukee, Southeast Wisconsin, and all of Wisconsin. With new investments, new facilities, and new resources, we're making steps to return this area into a vital, job producing, economic and educational center."
Brewery Project, LLC, purchased the former Pabst Brewery Complex last August and is preparing the site for a mix of residential, office, educational and retail facilities. The Commerce grant will fund environmental remediation and pollutant removal at the site. The completed project is expected to result in 740,000 square-feet of office and retail space. Brewery Project, LLC, expects that more than 2,000 jobs could be established by 2012. Total investment in the project may top $250 million.
Two and a half buildings have already been cleared with the removal of asbestos and lead based paints. Approximately 225,000 square feet are ready for tenant improvements with up to a million square feet still to go. When the project is complete, it will be one of the first all green neighborhoods in the country.
"I want to thank the Governor and the state for making this grant possible," said Joseph J. Zilber, the Founder and Chairman of the Board of Zilber Ltd., who purchased the former Pabst Brewery site. "The Pabst site is critical to restoring vitality to the northwest corner of downtown Milwaukee."
Commerce's Blight Elimination and Brownfield Redevelopment (BEBR) Program provides grant funds to municipalities, local development corporations, and the private sector to support environmental assessment, remediation and the return of contaminated lands to productive use. Brownfields are abandoned, idle, or underused industrial or commercial properties where redevelopment is hindered by real or perceived contamination.
To view Governor Doyle's plan to strengthen Milwaukee, visit: www.wisgov.state.wi.us/docview.asp?docid=10524.
For more information about the Brownfields Program, contact Jason Scott at 608/261-7714.
-- Tony Hozeny
The newsletter is issued electronically every other month.
Please send comments or questions to Barbro McGinn, editor.