Milwaukee Featured in Fortune Magazine
"Milwaukee is one of those old industrial American cities that has traditionally been known for its beer, brats, and manufacturing. But as more millennials dominate the city, a NEWaukee is starting to emerge, creating a fresh and modern vibe that is responsible for reinvigorating those that currently inhabit this north Midwestern gem." The area has witnessed an unprecedented rate of growth, with a blossoming economy and boundless potential for development.
Although most of the country's manufacturing industry has moved overseas, it was once a thriving industry in Milwaukee. But when those manufacturing businesses relocated, factories and warehouses were left abandoned. That is, until urban designers and architectural firms took note and began reinventing those spaces for art, modern housing, and "unique cultural havens".
The city's prime waterfront location, complete with a world class beach, and close proximity to many large U.S. cities, such as Chicago, New York, Austin, and D.C. seems to be another attractive feature for millennials. In fact, 25% of the entire U.S. population is located within 600 miles of the Milwaukee region.
Becoming a Global Hub for Fresh Water
Headquartered in the Global Water Center in Milwaukee, Wisconsin, The Water Council links together global water technology companies, innovative water entrepreneurs, government agencies, non-governmental organizations (NGO), acclaimed academic research programs and some of the nation’s brightest and most energetic water professionals. The driving force behind this success is the spirit of collaboration between public, private and academic sectors and the shared commitment to finding innovative solutions to critical global water issues. The Water Council is the only organization of its kind in the United States: a globally connected epicenter for freshwater research, innovation, education and business development.
"Wisconsin is known for being the “freshwater capital of the world,” with 86 percent of the state bordering water. Statewide, the water technology industry has more than 200 companies based in Wisconsin, over 20 academic partners with water-based curriculum, and water-technology exports growing by 7.4 percent as of 2014. The Council is even home to the nation's first school dedicated to the study of freshwater.
Moving to Milwaukee Yet?
"With unique industry opportunities emerging, Milwaukee is quickly becoming a “Best City” for millennials. Real estate prices are between $100,000 – $350,000 for a 3-bedroom 2-bathroom house, making the city viable for young families and property investors.
"As more Chicago based businesses begin to relocate and entrepreneurs are drawn to the area, the amount of development will drastically increase and neighborhoods that could use some sprucing will become trendy."