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File #: 241880    Version: 0
Type: Resolution Status: Passed
File created: 4/2/2025 In control: COMMON COUNCIL
On agenda: Final action: 7/31/2025
Effective date:    
Title: Resolution approving a Project Plan, and a development agreement, authorizing expenditures, and creating Tax Incremental District No. 122 (Cudahy Farms), in the 9th Aldermanic District.
Sponsors: THE CHAIR
Indexes: TAX INCREMENTAL DISTRICTS
Attachments: 1. ZND Presentation 7.8.25, 2. Cudahy Farms TID 122 Project Plan July 2025 Update.pdf, 3. Cudahy Farms TID 122 Project Plan, 4. Fiscal Impact Statement, 5. Equity Impact Statement, 6. Comptroller Review Letter, 7. Cade Gerlach Support 7.7.25, 8. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
8/5/20250 MAYOR SIGNED   Action details Meeting details Not available
7/31/20250 COMMON COUNCIL ADOPTEDPass10:1 Action details Meeting details Video Video
7/15/20250 COMMON COUNCIL HELD IN COUNCILPass15:0 Action details Meeting details Video Video
7/8/20250 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Item 13 and 14, CCFNs 220402 and 241880, were taken together. Appearing: Lafayette Crump, DCD Commissioner Sam Leichtling, DCD Deputy Commissioner Dan Casanova, DCD Terrell Walter, Royal Capital Kevin Newell, Royal Capital Ald. Larresa Taylor, 9th Ald. Dist. Achraf Laasiri, 9th Ald. Dist. Presentation was made. Public testimony in opposition: Nicole Hartley, resident to the east (N. 86th St.) Ruthie Jones, resident to the east (N. 86th St.) Betty Caldwell, resident to the east Kristin Thiel, Mequon Nature Preserve Marty Wall, citizen (6 miles away from site) Those who testified in opposition were concerned on the development's impact on the preservation of the native environment and long term sustainability of the development. Gregory Rich II, Eagle Management property manager, testified on the advantages and disadvantages of a gated community. Ald. Taylor presented in opposition. She has held 7 town hall meetings. She had concerns that the development would impact and/or exacerbate issues for residents. Concerns related to area residents' well-being and safety, adjacent Woodlands crime hot spot spilling over, gated community disadvantages, existing senior housing poor living experiences, issues with existing condo complexes, and issues with one of Royal Capital's other developments (Harmony Apartments in Madison, Wisconsin concerning property management, violent crime, and code violations). Public testimony in support: Cedric Mays, resident (91st and Good Hope Rd.) Brandon M., resident Kulbir Sra, investor Those who testified in support said that the new development would add revitalization. It was noted Clifton Phelps, from JCP Construction, and Zashary Torres, from NWSCDC, were in support in the virtual platform chat. Chief Aaron Lipski, Fire Dept., testified with emergency access points and adequate fire response concerns and wanting to keep emergency access on Swan Rd. There was discussion on a possible conservation easement to consider for the remaining acres not being developed. Meeting recessed at 3:56 p.m. Meeting reconvened at 4:21 p.m.
Pass3:2 Action details Meeting details Video Video
4/2/20250 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
241880
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution approving a Project Plan, and a development agreement, authorizing expenditures, and creating Tax Incremental District No. 122 (Cudahy Farms), in the 9th Aldermanic District.
Analysis
Tax Incremental District No. 122 (the “District”) consists of one property located at 9050 North Swan Road. The District is proposed to assist Royal Capital Group, LLC and/or Cudahy Farms P1, LLC (the “Developer”), in redeveloping the Cudahy Farms in the City of Milwaukee (“City”). The Developer will advance all costs for the project. Once the project is completed, the City will make annual cash grants to the Developer equal to 100% of the incremental taxes generated from the District until such time as up to $3,700,000 (less $$7,500 in annual expenses) is repaid at an interest rate of 5.1%, over a period not to exceed 17 years.
Body
Whereas, Chapter 105 of the Laws of 1975 of the State of Wisconsin, with amendments from other chapters of said Laws, created Section 66.1105, Wisconsin Statutes, titled “Tax Increment Law;” and

Whereas, Section 66.1105(4) of the Tax Increment Law sets forth certain criteria that the Common Council of the City of Milwaukee (“Common Council”) and the Redevelopment Authority of the City of Milwaukee (“Authority”) must follow to create a Tax Incremental District (“TID” or “District”) and approve a project plan for a TID; and

Whereas, Pursuant to Section 66.1105(4)(a) through (gm), Wisconsin Statutes, on March 20, 2025, the Authority conducted a public hearing on the proposed Project Plan for the District (“Plan”), designated the boundaries of the District and recommended that the District be created and submitted such recommendation to the Common Council for approval with the Plan, a copy of which is attached to this Common Council File; and

Whereas, Under the provisions of Section 66.1105(4)(gm)4.a., Wisconsin Statutes, not less than 50 percent, by area, of the...

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