Number
191796
Version
ORIGINAL
Reference
140460
Sponsor
ALD. PEREZ, BAUMAN AND JOHNSON
Title
Resolution directing the Department of City Development to develop an Industrial Land Analysis and authorizing a transfer of funds from the Capital Improvements Advance Planning Fund to a subaccount for the Industrial Land Analysis.
Analysis
This resolution directs the Department of City Development to develop an Industrial Land Analysis that may, upon approval of the Common Council, result in updates to the City of Milwaukee’s Comprehensive Plan and authorizes a transfer of funds from the Capital Improvements Advance Planning Fund to a subaccount for preparation of the Industrial Land Analysis.
Body
Whereas, On September 23, 2014, the Common Council of the City of Milwaukee (“Common Council”) adopted Common Council File No. 140460, approving “Growing Prosperity” as the 10 Year Action Agenda for economic development in the City of Milwaukee (“City”); and
Whereas, Growing Prosperity set forth ambitious goals for Milwaukee to return 500 acres of vacant and underutilized land to productive use for industrial redevelopment and to consistently maintain an inventory of 100 available acres of developable land for manufacturers; and
Whereas, Growing Prosperity recommended updating the City’s analysis of industrial zoned land to ensure that zoning regulations and industrial land policies and strategies align with current trends and market forces impacting industrial development, particularly within key regional asset industry clusters identified by the Milwaukee 7; and
Whereas, Milwaukee last carried out such an analysis in 2004, and the time is ripe for an update as the land use and facilities needs of modern manufacturers continue to evolve and Milwaukee must ensure its industrial zoning and land use policies facilitate continued reinvestment and job creation; and
Whereas, The Department of City Development (“DCD”) is prepared to develop an updated Industria...
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