Food Hall project on North Avenue received a loan of $ 1.9 million from the Ministry of Economic Development and Trade

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The North Avenue Market food and retail project is receiving an approximately $ 1.86 million loan from Milwaukee Economic Development Corp. This loan will assist the developer in building acquisition and renovation …

The North Avenue Market catering and shopping center project is receiving an approximately $ 1.86 million loan from Milwaukee Economic Development Corp, according to MEDC filings. This loan will assist the developer in acquiring a building and carrying out renovations, among other things. Chris Harris-Wimsatt leads North Avenue Market development. It will be located at 5900 W. North Ave., Milwaukee, near the Milwaukee-Wauwatosa border. Harris-Wimsatt intends to buy the former 9,368-square-foot branch of the Associated Bank at the site and turn it into a hub for a variety of grocery and retailers. The project is expected to cost about $ 2.2 million. This includes the purchase of a building, renovation and purchase of furniture, plumbing and equipment. According to the MEDK documents, the MEDK loan will finance 85% of the project cost, and the rest will come from “other” sources. About 7,700 square feet of space will be set aside for two Harris-Wimsatt businesses, A Taste of Java LLC and Morse Manor LLC, which will be known as Speakeasy Bar and Lounge. The remaining space will be allocated for additional tenants, according to the MEDC filings. Harris-Wimsatt was not immediately available for comment. His plans were first made public in June 2020. In a previous interview, the developer said he wants the North Avenue Market unite different communities and cultures in the vicinity and break down the barriers between them.

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