Seeking proposals: City of Milwaukee looking to redevelop former Ponderosa, Stella's Restaurant

MILWAUKEE (WITI) -- The City of Milwaukee's Department of City Development is seeking proposals to redevelop the former Stella’s Restaurant located at 2730 N. Dr. Martin Luther King Drive in the Harambee Neighborhood and within the Historic King Drive Business Improvement District.

The solid brick building has almost 7,000 square feet of prime commercial space and features a large parking lot.

The preferred commercial uses are a sit down restaurant, catering service or banquet hall, but general retail service or specialty use will also be considered.

To complete this redevelopment, financial resources and incentives may be available from the City of Milwaukee such as façade grants, white box grants and retail investment funds. Business financing may also be available through our partner MEDC.

Proposals will be accepted after April 28, 2015 and reviewed on a continuous basis until an acceptable proposal is received.

CLICK HERE to view city of Milwaukee commercial real estate listings.

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