1. Vision for Menomonee River Valley Economically, with strong companies and jobs near workers’ homes; Geographically, with renewed ties to the surrounding city; Ecologically, with healthy waterways and greenspace; and Culturally, with firm roots in its past and a role in histories to come.

2. Development Potential Industrial Land: –Approximately 200 acres of available/ underdeveloped land Job Creation: –5,000 family-supporting jobs Tax Base: –$4 million in property taxes Quality of Life: –70 acres of new park land –7 miles of recreational –and bicycle trails

3. Lead Project – Milwaukee Road Shops 1920s 1990s

4. Industrial Center and Community Park “Milwaukee’s most visible eyesore is now one of our most viable opportunities to attract jobs to the city.” - Mayor Tom Barrett

5. 30 th Street Industrial Corridor On the north side of Milwaukee and stretches for nearly five miles along a railroad Corridor Much of the Corridor lies within five blocks of 30th Street Corridor overlaps eleven different neighborhoods

6. 30 th Street Industrial Corridor Past uses of the corridor include: - Foundries - Breweries - Tanneries - Motor manufacturers Employed nearly 40% of neighborhood residents The factory buildings remain, but a great share of the manufacturing jobs are gone

7. 30 th Street Industrial Corridor Brownfield Profile: The presence of many former manufacturing properties have discouraged investment and economic development in the Corridor due to environmental concerns –Existence of tax delinquent properties, mothballed, and City-owned properties –State’s Bureau for Remediation and Redevelopment Tracking System (BRRTS) properties

8. 30 th Street Industrial Corridor Neighborhood Demographics: - 97% of residents are minority - 34% have incomes below the federal poverty level - 19% unemployment rate - 15% of housing units are vacant

9. U.S. EPA Assessment Grants The WDNR, in partnership with the City of Milwaukee and the 30th Street Industrial Corridor Corporation, applied for and received two site assessment grants for use in the 30 th Street Industrial Corridor in 2005 $200,000 grant for assessment of hazardous substances and another $200,000 for petroleum substances This partnership led to the creation of Wisconsin’s Urban Reinvestment Initiative

10. First Phase of Initiative: Assessment Assessment and eventual cleanup of the brownfields will remove health and environmental hazards and blight from the community and provide opportunities to restore economic health to this struggling urban corridor WDNR, City of Milwaukee, & the 30 th Street Industrial Corridor Corporation plan to conduct Phase I and II Environmental Site Assessments for approx. 25-30 sites Evaluate the priority of the properties for: - Additional Funding- Tank Removal - Further Investigation- Clean Up

12. Phase I ESA’s completed on 15 properties to date Phase II activities initiated on six properties Total of $97,000 spent Tank removal initiated on 1 site WDNR EPA Assessment Grant Funds Status:

13. 3033-R West Lisbon Avenue City-owned W. Lisbon Ave.

14. 2055-63 North 30 th Street Tax-delinquent - $186,000 N. 30 th St. N. 31st St.

15. 3033 West Walnut Street Mothballed W. Walnut St.

16. 30 th Street Corridor – Getting the Biggest Bang for the Buck The City now has environmental right of entry on almost all of the tax delinquent DNA properties in the Corridor Over the past two years $184,000 of WDNR Site Assessment Grant funds have been awarded on seven sites in the Corridor – all within the identified focus area A $350,000 WDCOM Brownfield grant Cost Recovery Statute Leveraging City of Milwaukee EPA Assessment grant funds

17. 30 th Street Corridor – Getting the Biggest Bang for the Buck Section 108 Loan and BEDI Grant BID recently created for the 30th Street Industrial Corridor Through the Department of Housing and Urban Development, in 2005 and 2006 in appropriations bills totaling $500,000 Gov. Doyle announces the Tower Automotive Inc. complex will be designated as a state enterprise development zone. This designation will provide up to $3 million in state tax credits for companies that locate there