Cobalt Partners – South 70th St Corridor

West Allis,
WI
(2019)

Cobalt Partners – South 70th St Corridor

Mixed-use

Rehabilitation of office buildings in West Allis, WI.

Investment

NMTC Amount: $15,800,000
Total Project Cost: $16,493,187

IMPACT

315 FTE jobs
49 construction jobs

CDEs

First-Ring Industrial Redevelopment Enterprise

Investor

US Bank

Project Description

Rehabilitation of office buildings in West Allis, WI. The project is part of a larger local developers and city officials redevelopment plan located within a federal Opportunity Zone to revitalize the once thriving industrial area in the suburb of Milwaukee.

MAP

Address: 1205 S 70th St, West Allis, WI 53214

Census Tract: 55079100300

News Stories

Cobalts West Allis Project Awarded Tax Credits

Other Wisconsin Projects

MCHS Hospitals, Inc. – Minocqua POB

Minocqua,
WI
(2019)

Community, FQHCs, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Community Hospitality Healthcare Services, Five Points Capital, PNC

Marshfield Clinic Health System expanded its existing Minocqua Center through the construction of a 72,000 sq. ft. hospital.

SHINE Medical Technologies

Janesville,
WI
(2020)

Business Development, Manufacturing

CDE(s): USBCDE

Finances the development and construction of two office buildings for SHINE Medical Technologies that will complement SHINE’s production facility currently under construction.

Grassland Dairy

Greenwood,
WI
(2023)

Manufacturing

CDE(s): CEI Capital Management, Impact Seven, Waveland Community Development

Expansion of a Dairy Processing Facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities.

Cermak Grocery Store

Milwaukee,
WI
(2015)

Affordable Housing, Brownfield Remediation, Grocery and Fresh Food, Housing, Mixed-use, Retail, Retail and Commercial

CDE(s): First-Ring Industrial Redevelopment Enterprise, WHEDA

The project consisted of the initial phase of the redevelopment of a vacant 7.2 acre Brownfield Site at Greeneld Avenue and S. 1st Street in Milwaukee, WI.