Milwaukee Business Journal | May 18, 2023
Oak Creek approves $42 million lakefront park and bluff work starting in June
GERMANTOWN — Oak Creek’s lakefront is a step closer to new attractions such as a looping pier over the waterfront and a pedestrian bridge over a ravine that currently blocks people trekking north from Bender Park.
Those are part of a long-range, $42 million plan the Oak Creek Common Council unanimously approved Tuesday to reopen more than a half-mile of Lake Michigan frontage to the public. A contract has already been awarded for the first phase that will stabilize the existing bluff to guard against further erosion, while laying the ground work for future paths and other… Read more
Big news from Oak Creek: a sizeable infrastructure investment has been approved, promising to supercharge the appeal and returns on F Street’s OCLV development. The Oak Creek Common Council recently approved a $42 million investment in lakefront park and bluff infrastructure, aimed at reopening more than half a mile of Lake Michigan’s frontage to the public.
This ambitious project includes a variety of attractions, such as a looping pier over the waterfront and a pedestrian bridge, that will add immense value to the surrounding community and our development project.
With our OCLV development project situated within this rapidly transforming area, these new enhancements will directly fuel demand for our townhome (F Street OCLV NT, LLC) and apartment (F Street OCLV MF2, LLC) developments. Future residents will be attracted to the accessibility and recreational opportunities provided by this lakefront rejuvenation. It not only promises a higher quality of life but also the unique charm of a lakeside living experience.
Moreover, this substantial investment serves as a strong catalyst for future growth, attracting more businesses, residents, and investors to Oak Creek. As the area flourishes, our investment is set to appreciate, offering excellent potential returns.
Therefore, we strongly recommend taking this opportunity to increase your stake in our project. With the imminent rise in demand, now is the opportune time to secure your investment before it fills up.
We look forward to seeing the powerful impact of these developments on our community and your investment. Feel free to reach out to us for further details or discussions regarding investment opportunities.