5 Wise Workshop
3524 W National Avenue is a three story building on Milwaukee's south side that came under new ownership in 2016. The main level initially served as jewelry business and subsequently a motor and propeller repair shop. As of May 2017, the newly renovated main level is now home to 5 Wise Workshop, a membership-based coworking space. The second story is two apartments and the third story is currently vacant.
5 Wise is a rentable space for entrepreneurs, artists, and small business owners. Space can also be reserved for classes, meetings, shows, and events. 5 Wise Workshop provides a constructive and efficient environment, connects users as peer professionals, and prioritizes memberships with social enterprises.
5 Wise took the pledge and received a free energy assessment shortly after being purchased in 2016. The assessment and assistance with Focus on Energy incentive rebates from the Better Buildings Challenge were key to prioritizing and funding efficiency projects in the building.
Because renovations began shortly after its acquisition in 2016, the building’s increase in EUI reflects the ongoing project equipment use. Now that the building’s main level is open for business and its use will remain relatively stable, it is expected to that the building will begin saving energy and saving money as a result of the efficiency upgrades.
Tim plans to attend future Better Buildings Challenge program events, such as the Budgeting for Operational Efficiencies event in June 2017 and the benchmarking event in August 2017. He also hopes to put in a water retention system to control stormwater runoff.