🔒 Concordia 27 receives $2 million from Milwaukee County
The Concordia 27 venture on Milwaukee’s close to west aspect, which is able to carry reasonably priced condominium items, business and workplace house, in addition to house for assist providers, acquired $2 million in funding as a part of Milwaukee County’s 2024 funds.
The $20 million mixed-use venture, positioned at 821 N. twenty seventh St., can have 33 reasonably priced housing items on the higher flooring for individuals incomes $15 per hour and fewer. The cash from the county might be going particularly towards the housing element of the venture.
“We respect the county’s management in addressing historic housing instability in
Milwaukee by this private-public partnership,” mentioned Lindsey St. Arnold Bell, govt director of Close to West Facet Companions (NWSP).
The constructing’s first flooring will embrace a group gathering house; sidewalk-facing business areas for nonprofits; a business, demonstration and incubator kitchen within the skylit former West Level Storage on the again, and extra.
The previous retail areas might be occupied by Milwaukee Middle for Independence (MCFI), Scaling Wellness in Milwaukee (SWIM) and NWSP to supply minority entrepreneurial assist, housing assets and vitamin and wellness providers. There may also be a restaurant and co-working house known as Fruition.
MCFI will function two business kitchens spanning 12,000 sq. ft within the constructing. The group will function a business demonstration kitchen within the constructing that might be used to supply job coaching for people with mental disabilities and people beforehand incarcerated. A bigger manufacturing kitchen will increase the nonprofit’s work of getting ready faculty lunches for space districts.
SWIM will occupy roughly 8,000 sq. ft of house unfold over two flooring. The group seeks to construct a trauma-responsive group that heals trauma and promotes resiliency. Its mannequin requires “coaching the trainers” to each course of their very own trauma and reply to the trauma of others. It’ll provide a particular program for first responders.
“Collectively, we are able to obtain our imaginative and prescient of a close to west aspect wellness hall the place our neighbors can discover the assist they should tackle essential inequities, together with housing insecurity, well being disparities, trauma, meals insecurity, unemployment, and transportation entry,” St. Arnold Bell mentioned.
The event acquired $5 million in assist from the State of Wisconsin and $2 million in federal funds, and the remainder is a mix of grant cash and different non-public fairness.
The primary tenant, MCFI, must be working within the house by the tip of this month, with the remaining tenants and residential items to open within the months to comply with, based on St. Arnold Bell.