$13M from downtown Milwaukee properties could help finance Century City's debt

Milwaukee officials endorsed a plan to funnel $13.3 million in real estate taxes from downtown properties to pay debt on the Century City Business Park that has struggled to attract employers. The move represents property tax money from successful downtown developments going toward Milwaukee’s cost of building the business park at North 31st Street and West Capitol Drive. While not pre-planned, it represents a way Milwaukee could use downtown’s prosperity to support a lower-income neighborhood,…