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![]() Partial conversion will add more than 200 apartments to Westown. A $73.6 million plan to convert half of one of downtown Milwaukee’s largest office buildings into apartments is poised to receive a city subsidy. The Department of City Development is proposing to create a new tax incremental financing (TIF) district to provide $6.44 million toward converting the east tower of 310W, 310 W. Wisconsin Ave., into 220 apartments. The largely vacant office space would be replaced with a mix of studio, one-, two- and three-bedroom apartments. In exchange for the subsidy, 50 of the units would be set aside as workforce housing for households earning between 70% and 90% of the Milwaukee area median income... Leo's notes: Strategically repurposing obsolete commercial space can simultaneously add housing, strengthen the tax base, and bring residents closer to jobs and existing infrastructure. The inclusion of workforce units is particularly important—ensuring public investment produces not just more downtown housing, but housing accessible to a broader range of working households... | ||
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