For Immediate Release
Contact: Melanie Mager
BUILDING ADVANTAGE SUPPORTS ARENA PLAN
Calls state plan an incredible opportunity for construction contractors, tradespeople
(Milwaukee, Wis.) – Building Advantage, an organization that promotes the union construction industry, announced its support Friday for the Milwaukee Bucks’ arena funding plan proposed by the state, city, and county. The plan details a public funding mechanism through the state to supplement private funds provided by the Bucks’ ownership and former Senator Herb Kohl to build the new arena, ultimately save taxpayers over $400 million, and create thousands of jobs for local residents. Under the Governor’s plan, State and local governments will fund approximately $250 million, or half of the total project costs, toward building the new arena without tax increases or state bonding.