The Way I See It!
I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.
What Wal-Mart & Cudahy Station Meant for Cudahy
TIF projection sent to Lara Fritts on
The CDA reacted favorably but then the City won their judgment against Kasten and the Mayor wouldn't consider this anymore. The property tax revenue was projected at around $600,000 per year.
There was no Wave as part of this proposal, Continental asked for no money and in fact offered to do the demo and environmental removal. The City was to fund the cost of the public street and that's it. Times were much better then. McCue blew a golden opportunity on a windfall for the City.
Walmart - 136,813 SF x $98 PSF = $13,407,674 2/2011
Restaurant D - 4,270 SF x $275 PSF = $1,174,250 2/2011
Retail E - 6,400 SF x $195 PSF = $1,248,000 2012
Restaurant F - 4,000 SF x $225 PSF = $900,000 2013
Retail C - 8,750 SF x $160 PSF = $1,400,000 2013
Retail B – (moved former hotel site)
21,000 SF x $120 PSF = $2,520,000 2014
Total $20,649,924
Along with 350 jobs just in Wal-Mart not including the other business and all of the construction jobs! All lost down the drain. Just where Mayor McCue is taking
Give McCue 3 more years and we all be flushed down the drain!
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