DiscoverMilwaukee2017 - page 4

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his year, Milwaukee landed in the top 50 of U.S News and World Report’s “Best Places
to Live.” With a measured increase to its quality of life score — that includes the city’s
crime, education and health care quality, ease of commuting, and the happiness of the
population — Milwaukee also offers a more reasonable cost of living than its neighboring
metro area to the south. In this Q&A, Tim Sheehy, president of the MMAC, explains why Milwaukee is
an accessible and livable urban space.
Q: What makes
Milwaukee a good
place to live?
We’re well balanced. Milwaukee
is home to eight Fortune 500
headquarters. In the U.S., we
rank #2 in manufacturing jobs (as
a percentage of our workforce)
and #1 in access to professional
sports (MLB, NBA and NFL) per
capita. Beyond the rankings, it’s the
accessibility of our assets, quality
housing options, education, parks,
culture and entertainment.
It may sound trite but it really is the
people that make Milwaukee great.
According to a recent survey of our
region’s major employers who provide
120,000 jobs, our workforce is ethical,
skilled and hardworking.
And while Milwaukee is not immune
to urban challenges, we don’t hide
from them. We address them.
Q: What are some
initiatives that will
have a positive impact
on Milwaukee-area
Milwaukee is in the midst of an
unprecedented period of growth.
With $3.4 billion in private and
public development completed in the
past decade, another $1.7B under
construction and $930M in the pipeline,
we are transforming how we work, live
and play across our downtown.
These projects range from a $500
million expansion of Northwestern
Mutual’s headquarters to a new
NBA arena and redevelopment of its
surrounding neighborhoods. More than
15,000 new downtown residents have
moved in just between Lake Michigan
and the Milwaukee River. And they’ll
soon be able to use our modern street
car line to get around.
Q: What is the state of
Milwaukee’s economy?
Milwaukee area job levels rose
modestly in 2016, but that has been
generally matched with measured
workforce growth. However, it has led
to sustainable economic development
and an unemployment rate that fell
under 4% in December, 2016 for
the first time since 2000. A strong
concentration of jobs in manufacturing,
headquarters, IT and financial
companies supply the Milwaukee
Region with above average pay levels
and healthy earnings growth.
We are also seeing a rise in new
investment and jobs due to the
success of attracting new companies
to move here from as close as
Illinois and as far away as Europe.
These new businesses are creating
thousands of new, high-paying jobs
and strengthening the future prosperity
of the region.
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