City of Oak Creek Wins Public Policy Award
The City of Oak Creek used a variety of financing strategies and successful grant applications to remediate and redevelop the former Delphi Manufacturing site and create Drexel Town Square. These included tax incremental financing, direct investment in land purchases, and grant funding from the State of Wisconsin's Idle Industrial Site Redevelopment Grant Program. The project is estimated to generate 797 new jobs and $210 million of assessed value when fully developed.
GRAEF is very proud to be leading this project with the City of Oak Creek, and we agree with the the Public Policy Forum, that they are very deserving recipients. Congratulations to all involved!
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