Thursday, November 29, 2018

Milwaukee Common Council And Mayor Approved Sale Of The Former Forest Home Library Building To Voces de la Frontera For $450K

City records online confirmed that the Milwaukee Common Council and Mayor Tom Barrett have approved the sale of the former Forest Home Library building to Voces de la Frontera for $450K on early November.

By H. Nelson Goodson
Hispanic News Network U.S.A.

November 29, 2018

Milwaukee, WI - The Milwaukee Department of City Development (DCD) is currently awaiting for Voces de la Frontera's (VDLF) Board to authorize the final ownership signature of the former Forest Home Library at 1432 W. Forest Home Ave. The Milwaukee Common Council on November 5th, 2018 approved the sale of the vacant building to VDLF for $450K and Mayor Tom Barrett approved the sale on November 9th. The vacant library building was being offered for $650K by the City, but Lyon Realty, as a Broker agent representing VDLF in the negotiations managed to get the City to accept a lower proposed buying bid of $450K. VDLF was the only entity to offer a proposal to buy the one level building, which includes about 30 parking spaces.
VDLF is expected to close the deal by the end of the year and move into the former Forest Home Library building by the Spring of 2019, according to testimony at the City Planning Commission hearing by VDLF on October 22, 2018 and testimony provided (video minute 28:20) by Christine Neumann-Ortiz, the Executive Director of Voces de la Frontera to the Zoning, Neighborhoods & Development Committee on October 30, 2018. Neumann-Ortiz also confirmed to the Committee that VDLF will rent out several office spaces to interested parties.
VDLF has said that it will spend at least $100K in renovating the interior of the building, according to the DCD. 

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