Visualize Milwaukee

My goal is to help Visualize Milwaukee. In particular, I want to keep a pulse on some of the commercial and residential real estate in the area. I have a slant towards revitalizing underutilized properties and areas within the city of Milwaukee. Welcome to Visualize Milwaukee! Let me know what you think, or if there are any areas you want me to cover.

Name:
Location: Milwaukee, Wisconsin, United States

I am software engineer by trade and enjoy real estate development as way to improve our community and always see something new each day.

Sunday, October 29, 2006

Under Utilized Intersection

76th Street and Good Hope Road, Milwaukee
Under Utilized Intersection - In need of planning and commercial development

Milwaukee's 76th street goes though many areas and neighborhoods on its way north out of the city. The focus of this discussion is on the area around Good Hope Road. This area features some growth, some vacancies, and some access issues. With almost 70,000 vehicles daily, this is a very busy intersection. Good Hope is a crossroad between Highway 45 and Interstate 43. Both roads have 3 lanes of traffic plus 2 left turn lanes in each direction. Checkout the Milwaukee DCD for demographic information here: http://www.mkedcd.org/business/pdfs/busmm76GoodHope.pdf

On the SW corner is a new Andy's Citgo. This is a great looking strip including a busy Subway, Domino's Pizza, and a bank. The SW corner is pretty much complete with a golf course and residential multi-families beyond there.

Across the street on the SE corner is an old standby, Popeye's chicken. There is also a Cousins over here and a deep-setback Home Depot. The Home depot isn't the busiest one around -- it could use some more commercial draws to help bring customers to the neighborhood. This corner also hosts a dilapidated Chinese restaurant (which is for sale right at around $500k).

The NW corner is a mishmash of what seem like odd fitting buildings and businesses. It starts well on the corner with another gas station right on the corner. There is a deep-setback grocery store behind this corner. But visibility and access are very poor. Along 76th at the street is a large locally owned pet store.

The NE corner is the least utilized. There is a movie theater about 1/4 mile north, but you pass several unkept properties along the way. There is a decent restaurant in there, but it doesn't look like much from the street. There is an abandoned amusement park there too. A bit to the east is an office building for sale. This building looks nice, and could use a good tenant.

There is a new unit being built in front of the Home Depot along Good Hope. That is a good sign, but this area needs to focus on cleaning up the look of the existing buildings to see continued improvement. Improve visibility and access to the big lot buildings, teardown/improve the dilapidated buildings, and open things up for new businesses. This would go a long way to making this busy intersection a commercial boom for the area.

The traffic is a mix of locals, people coming in to work at the remaining manufacturing, and suburbanites headed in and out of the city for work. This mix provides a great opportunity for many different businesses. Improving this corner would also help improve the entire Good Hope stretch. With the steady stream of soccer moms coming into Uhlien Soccer and the movie theater, there is plenty of potential for commercial draw.

2 Comments:

Anonymous Anonymous said...

Don't forget Minor's. As a resident of Tosa... Minor's is the only real reason I would drive up in that direction (besides the DMV).

10:44 PM  
Blogger Pete said...

Thanks Tom! See, that goes to show there is a good customer draw here. Minor's is almost 1 mile North of this intersection. I figured I covered 76th enough for now, but Tom is right - there is more up there too, including several nice new car dealerships.

11:00 PM  

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