The Milwaukee County Research Park Corporation (MCRPC) has issued a request for proposal for two commercial/retail development lots totaling about 3 acres at Research Park in Wauwatosa.
The lots will be sold as a package for $3.3 million. MCRP will not pay a real estate sale commission on the transaction.
Lot 10 is 1.6 acres. Lot 21 is 1.5 acres and includes a 8,190-square-foot building. The structure was built in 1913 and is the former power house of the Muirdale Tuberculosis Sanitarium complex.
MCRPC’s is hoping to attract high quality, mixed-use, high-density commercial and retail development that will provide amenities for the occupants of the Research Park, the Milwaukee Regional Medical Center, the University of Wisconsin-Millwaukee Innovation Campus, and the general public, according to a written statement.
The open lots are near the 199-room Crowne Plaza hotel. Possible uses would include but are not limited to: restaurants, coffee shops, public markets, public houses, convenience stores (without gas), banking services, copy centers and other retail uses.
The RFP is available at www.mcrpc.org. Interested parties may also contact Guy T. Mascari, Executive Director in writing at the Milwaukee County Research Park, 10437 Innovation Drive, Suite 123, Wauwatosa, Wisconsin 53226 or by e-mail at gtm@mcrpc.org.
The deadline for submissions is 5 p.m. Nov. 2.
