Page 5 - Bear Development News Today

The Peoria housing development once known as Taft Homes has been rechristened Providence Pointe, and a dramatic makeover is underway.

The first heavy construction work for the Iron District redevelopment in Milwaukee will begin in a few weeks, according to our partners at the Milwaukee Business Journal.

Mount Pleasant officials on Wednesday backed a plat and two site plan applications for housing developments that should result in the construction of hundreds of new homes, apartments, and condominiums in the village.

Governor JB Pritzker and the Illinois Housing Development Authority (IHDA) have announced that $75 million in federal funding will provide financing to affordable housing developments.

Bear Development and Kacmarcik Enterprises have officially purchased the land where they plan to construct a sprawling sports and entertainment district on roughly 11 acres previously owned by Marquette University.

BizTimes Milwaukee editor Andrew Weiland spoke with Bear Development chief executive officer S.R. Mills to get more information about the Iron District MKE project and to hear his thoughts about the competition from FPC Live.

Just 10 days after it announced that it was dropping plans to build an indoor live music venue complex near the Summerfest grounds in the Historic Third Ward, FPC Live, an affiliate of Madison-based Frank Productions, today announced plans to instead build the facility at the former Bradley Center site in the Deer District in downtown Milwaukee.

FPC Live's announcement Monday that it will move forward with its proposed indoor music venue project at the former Bradley Center site in the Deer District instead of near the Summerfest grounds in the Historic Third Ward was the result of several years of conversations with the Milwaukee Bucks, company execs say.

In a statement, FPC Live, which is backed by Live Nation, said they are still committed to opening a new music venue in Milwaukee.

Kenosha-based Bear Development has purchased the land containing a parking structure in the Historic Third Ward as part of the firm's plans to eventually redevelop the Johnson Controls Inc. complex in downtown Milwaukee.