The City of Milwaukee is partnering with the owner of the Reed Street Yards to redevelop the property into a research and technology park focused on Miwlaukee's growing water industry. The Reed Street Yards is a 17-acre propertyin the Walker's Point neighborhood, just south of downtown Milwaukee and adjacent to the newly-opened Global Water Center.
Once complete, the Reed Street Yards will be a showcase of water technologies and practices, including a purple pipe for development-wide water recycling and bioswales and permeable paving to capture stormwater runoff. Site amenities will include an extension of the Hank Aaron State Trail through the site as part of the riverwalk along the Menomonee Canal and an interactive public plaza.
Sites at the Reed Street Yards are now available, for more information, visit www.watertechnologypark.com
On November 30, 2011, the Milwaukee Common Council approved Amendment No. 1 to the Reed Street Yards Tax Incremental District (TID No. 75). This $6.2m investment will provide the necessary funding to redevelop the Reed Street Yards into a water research and technlogy park, adjacent to the proposed Milwaukee Water Council Accelerator Building. More information regarding the TID can be found in Council File No. 090688 and the Development Incentive Zone (DIZ)/Zoning information can be found in Council File No. 120426. To see permitted uses, design standards and more detailed information about the Reed Street Yards DIZ, click HERE.