Cobalt Partners – South 70th St Corridor

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

Investor

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

Other Wisconsin Projects

NMTC financing supported the SuperSteel project.
NMTC financing supported the creation of up to 92 jobs, in addition to retaining 156 existing positions.
Exodus Machines is the first-of-its-kind scrap and recycling machine manufacturer.
Renovation and expansion of a 97,520-square-foot facility opened in 2005 and used to provide performing arts and musical education to a diverse youth population.