Building Advantage Wisconsin

Archive: May 2015

Watch: Executive Director Ken Kraemer Discusses Arena Development on FOX 6 News

Building Advantage Executive Director Ken Kraemer was featured on FOX 6 News last week in a segment on the development of the proposed Bucks Arena in downtown Milwaukee.

“There’s no guarantee we’re gonna get the work or not get the work, but we’ve always felt being involved at the ground level, to show our customers that we support economic development and things that benefit everyone, not just us, is important,” Kraemer said.

Check it out here.

Building Advantage Joins the Play it Forward Coalition to promote arena development

For Immediate Release
Contact: Melanie Mager
(414) 897-1146
mmager@buildingadvantage.org

BUILDING ADVANTAGE JOINS PLAY IT FORWARD COALITION
The labor and management group announces partnership to promote new Bucks’ arena and entertainment district development

(Milwaukee, Wis.) – Building Advantage, an organization that promotes the union construction industry, announced its support Monday for the Play it Forward Coalition, a partnership centered on promoting the downtown development of the new Bucks’ Arena and other proposed ancillary projects in the Park East Corridor.

The development of the new Bucks’ Arena will add significant value to the area and complement the nearby businesses. “The plans for the new Bucks’ arena and downtown entertainment district will not only bring visitors and residents to Milwaukee, but also generate tremendous development and career opportunities for the local economy,” Building Advantage Executive Director Ken Kraemer said.

According to an independent study titled “The Impact of Construction on the Wisconsin Economy”, 14 jobs are created for every $1 million spent on this type of Construction project, and every dollar spent generates $1.92 in economic impact. In the case of the $1 billion-plus arena project, this could translate into over 14,000 jobs – more than half of which will be in construction — and almost $2 billion in overall economic impact.

These jobs, as well as the tax revenue generated from this development will benefit both our local and state economy. This historic opportunity to transform 30 acres of downtown comes at a time that is incredibly crucial for Milwaukee residents and workers. Revitalizing the downtown area through the development of the new arena, along with entertainment space, apartments, bars, restaurants, and hotels has the potential to spur economic growth for the entire region.

Kraemer believes this project will have a very positive impact on the construction industry and the members that Building Advantage represents. “We are very excited to partner with the Play it Forward Coalition to keep the Bucks in Milwaukee while creating tremendous economic and job growth in our city.”

About Building Advantage
Building Advantage represents over 20,000 tradespeople and over 600 union contractors, and works to actively promote and market the union construction industry across southeastern Wisconsin. To learn more, please visit www.buildingadvantage.org.

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Tech Terns Celebrate Final Session May 14th

The Bradley Tech ‘Tech Terns‘ will be having their final session and site visit as part of their program working with Mortenson Construction, Cannon Design, WRTP/BIG STEP, and Froedert & the Medical College. The event will be held Thursday, May 14th; please contact Bridget Slack at bridget.slack@mortenson.com to RSVP by Friday, May 8th, see flyer below for more details.

 

Tech Terns Invite

 

 

MMAC’s Play it Forward hosts Panel Discussion with Local Arena Supporters

As the debate surrounding the financing of the new proposed Bucks’ arena continues, the Milwaukee Metropolitan Association of Commerce (MMAC) and FUEL Milwaukee hosted a panel of local experts to discuss the issues associated with the proposed structure, as well as why it is so important to the vitality of our city. About 200 people attended the public event to learn about the future of downtown Milwaukee and the Park East Corridor construction.

…Read on.