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Real Estate

Development

WHAT WE DO: Riverworks’ real estate projects are an economic development tool meant to be profitable, sustainable, impactful and catalytic. Revenue earned from these developments is reinvested back into the organization to assist in carrying-out its social mission. Riverworks’ projects uphold the values of the organization mission and maximize the impact it has on the community in positive ways. The four core values of our real estate development projects are:
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  • CREATE JOBS — We create job opportunities for people facing barriers to the workforce in an effort to break the cycle of poverty.

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  • INCREASE TAX REVENUES — We develop projects that will result in taxable properties or that are a assets to the community.

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  • REUSE OF BLIGHTED/VACANT PROPERTY — We remove or improve blighted properties that have a negative impact on the physical surroundings of the Riverworks area. We provide business supportive services that are currently absent from the area.

 

  • GIVE BACK — We take revenue earned and reinvest it back into staff, innovative products and/or services that helps to resolve social issues in the community we serve.

RIVERWORKs 

CITY CENTER

LOCATION: The Riverworks City Center is located at 526 E Concordia Avenue in Milwaukee, Wisconsin. Positioned on the corner of Holton Street, the Riverworks City Center is right on the border of the Riverwest and Harambee Neighborhoods. The Beerline Trail runs directly behind the property, connecting the corner of Booth Street and Concordia Avenue with Holton Street.

HISTORY: Formerly the location of a Lena's/Kohl's grocery store building, the Riverworks City Center was established by a 2.5 million dollar redevelopment project. The project began in March 2016, and came to completion in May 2018.

WHAT HAPPENS HERE: The Riverworks City Center includes the following:
Riverworks Development Corporation, Riverworks BID, and Harambee NID offices and staff. 
Retail: Family Dollar and Available Retail Space
Service: Riverworks Coin Laundry, Riverworks Financial Clinic
Recreational & Community: BLT Food Truck Court and Performance Stage. 

RIVERWORKs CITY CENTER

RIVERWORKs 

Coin Laundy

LOCATION: Located in the Riverworks City Center, the Riverworks Coin Laundry is directly East of the White Box Space at 3334 N Holton Street.
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HISTORY: When Riverworks began to develop the concept of the City Center, planners looked into what the surrounding community was lacking in easily accessible businesses. Although there are other laundromats in Harambee and Riverwest, none are as centrally located or walkable from the most concentrated residential areas. The Riverworks Coin Laundry opened in November, 2017.
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WHAT HAPPENS HERE:  The Riverworks Coin Laundry is not your typical laundromat, but an opportunity for local residents to work, socialize, and learn about the resources available to them. There are a variety of machines available for affordable prices and free WIFI access to all customers. The Riverworks Coin Laundry operates daily from 7 am - 7 pm. For more information about the Riverworks Coin Laundry, click here.

RIVERWORKs COIN LAUNDRY

RIVERWORKs 

LOFTS

LOCATION: The Riverworks Lofts are located at 3372 N Holton Street in Milwaukee, Wisconsin. It is located on the bus line and has easy access to walking and bicycle paths on the Milwaukee River. 
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HISTORY: Once an old pasta factory built in 1915, Riverworks Development Corporation transformed this industrial building into a loft-style apartment community. The $6.8 million development project was completed in 2012.
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WHAT HAPPENS HERE: The Riverworks Lofts has one and two bedroom loft-style apartment homes. The apartments come furnished with appliances, including washers and dryers in some units. There is a business center, chapel/meditation room, community room, fitness center, coin-operated laundry facilities, and heated underground parking available to the tenants of the Lofts. For more information about the lofts, click here.

RIVERWORKs  LOFTS

RIVERWORKs 

COMMONS

LOCATION: The Riverworks Commons Shopping Center is located at 3901 - 3925 N Richards Street in Milwaukee, Wisconsin. Located along East Capitol Drive, the businesses of the Riverworks Commons are apart of the Riverworks Business Improvement District.
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HISTORY: From an abandoned vacant lot, Riverworks Development Corporation built the shopping center in 2003 and completed the project in 2004. The project cost approximately $2.3 million and created 35 new jobs.
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WHAT HAPPENS HERE: The Riverworks Commons Shopping Center offers 21,000 square feet of retail space. It is currently home to Goodwill Industries, GameStop, Subway, Rainbow, Get It Now, and James Playmakers.

RIVERWORKs COMMONS

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