
CASE STUDIES
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Environmental Situation |
| Site: |
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$0 tax base, 0 jobs
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Former boiler and steel
casting facility
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Vacant and abandoned for
over 10 years
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Significant back taxes due
on the property
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Attracted frequent dumping
and graffiti
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Centrally located near
downtown Milwaukee
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1 mile from the new $400
million Miller Park stadium
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Environmental: |
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Asbestos throughout the
former facility
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Lead and metal impacts
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Petroleum-saturated soils
near an old tank
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Free product at the
groundwater table
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Impacts going off-site
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Action: |
Working closely with the Village
of West Milwaukee and the
Wisconsin Department of Natural
Resources, RER resolved the back
taxes and completed a WDNR
approved Remedial Action Plan
in 2001. Building construction
completed in 2002. Building
fully leased to a mix of local
and national companies.
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Outcome: |
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44,000
square foot office/showroom
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Tax Base increase of over
$2.5 million
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Over 80 new jobs
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Copyright 2010, Real Estate Recycling, LLC
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