Proposed TID amendments to support traffic calming, bike facilities & street lighting
MILWAUKEE – Milwaukee Mayor Cavalier Johnson’s Department of City Development (DCD) is proposing amendments to two Tax Incremental Finance Districts (TID) to fund several key public infrastructure projects to support traffic calming, bike facilities, and street lighting for improved public safety.
“Improving pedestrian safety and investing in our roadways is a top priority for my administration,” Mayor Johnson said. “As our city grows, it is critical we support reinvestment in key areas. When we make our streets safer, we create calmer traffic, better access to businesses, and stronger neighborhoods. Projects like these ensure our infrastructure keeps pace with how Milwaukeeans move throughout our city.”
“Tax Increment Financing (TIF) is one of the most important tools we have to support strategic growth and reinvestment in our city,” DCD Commissioner Lafayette Crump said. “We are able to support redevelopment and create the conditions that attract new investment to our neighborhoods. By using TIF, we are addressing long-standing infrastructure needs while stimulating economic activity, ensuring stronger and more connected communities.”
TID 68 | Fifth Ward / First Place on the River
Created in 2006 to streamline redevelopment near the Milwaukee River and extend the Riverwalk, TID 68 will be amended for the fifth time to fund $12 million in infrastructure improvements, Riverwalk development and commercial property renovations in Milwaukee’s Walker’s Point neighborhood. Improvements include the reconstruction of four area streets, high impact paving on 11 roadways, bikeway improvements on W. Virginia and S. Second Streets, and new specialty lighting to be installed along Water and Florida streets.
“From the beginning, one of my priorities was ensuring these improvements reflect the character and needs of our district, including the installation of street lighting that will make our neighborhood safer, more welcoming, and visually vibrant,” Milwaukee Common Council President and District 12 Alderman José G. Pérez said. “I want to thank the Department of City Development and Department of Public Works for working closely with me to bring these ideas to life. Through this TID, we will see meaningful investments in street improvements and traffic-calming measures that will make the area more accessible for residents, visitors, and local businesses.”
TID 60 | Milwaukee Intermodal Station District
TID 60, created in 2005 to support the redevelopment and upgrades of the Milwaukee Intermodal Station, will be amended for the second time to fund $2.1 million for several downtown street improvements, including traffic calming measures and bikeway enhancements.
“Investing in infrastructure downtown is essential to maintaining a vibrant and accessible city where the entire community benefits,” District 4 Alderman Robert Bauman said. “This TID will allow us to make improvements to our streets, including traffic-calming measures and enhanced bikeway connections. These investments will support the growth of downtown and the quality of life for residents who live and work here every day. I am proud of the collaboration that will make these improvements possible.”
The Redevelopment Authority of the City of Milwaukee will review both TID amendments on March 19. Project plans will be made available online prior to the meeting.
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