An effort to blur the so-called hidden border: Developer has a plan to transform Holton Street

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MILWAUKEE -- For some, Holton Street is just another street in Milwaukee. But developer Darryl Johnson believes it is a sort of hidden border, and he wants to change that.

Currently, there is only a Family Dollar store at the northeast corner of Holton and Concordia.

Darryl Johnson

Darryl Johnson

Johnson has a plan for the block. He hopes to eventually transform much of Holton Street.

"West of Holton Street, there`s a dramatic difference in property values. We`re talking about anywhere from $50,000 to $100,000 and if you go east of Holton Street, that`s when you find your property values easily over $100,000," Johnson said.

Holton Street

Holton Street

The effort to blur the so-called invisible border includes a new retail structure, which Family Dollar anchors -- moving into a brand new building.

Johnson said the store's neighbors will be a new soul food restaurant and a laundromat.

"It`ll be good for the neighborhood -- jobs and everything -- so yeah, I like it," said Monte Montgomery, who lives in the area.

Space currently occupied by Family Dollar on Holton Street

Space currently occupied by Family Dollar on Holton Street

Space currently occupied by Family Dollar on Holton Street

Space currently occupied by Family Dollar on Holton Street

Riverworks will then move into the space currently occupied by the Family Dollar store, and that's not all.

"Worker space for individuals looking to start a business. What we'll also have are financial opportunity centers. We provide financial literacy to individuals to help them build wealth inside the household," Johnson said.

The project will cost an estimated $2.5 million.

New Family Dollar space on Holton Street

New Family Dollar space on Holton Street

The non-profit group "LISC Milwaukee" will lend a little more than $1 million.

Johnson said the rest will come from federal grants as well as city and private investment dollars.

"We`re hoping that through this development, other people see Holton Street as a valuable resource with the storefronts available and, also, some of the office space within the community," Johnson said.

New Family Dollar space on Holton Street

New Family Dollar space on Holton Street

The goal is to have the new development, with the bigger Family Dollar store, the soul food restaurant and the laundromat open by September.

As for the refurbished office space (where Family Dollar is now) -- with the Riverworks office and the financial literacy centers, that should be done by December.

Holton Street

Holton Street

Google Map for coordinates 43.078398 by -87.905115.

4 comments

  • Mel

    So he is going to build “wealth” in households by financial literacy!? Seriously!? Cause you can totally buy retirement plans with foodstamps. This is the sad truth. Holton Street HAS ALWAYS BEEN AND ALWAYS BE THE BORDER BETWEEN RIVERWEST AND THE HOOD. IT SOUNDS HORRIBLE BUT IT’S TRUE. This guy says “financial literacy” businesses and I hear payday loan stores and predatory lenders to take even more advantage of the poor here. Plus seriously, who is going to WANT to open their business, secondly afford the security needed, on HOLTON AND CONCORDIA!? PLEASE!

    • Mimi

      Whoa, heroin dealers there is moving on up of they can afford investing in real estate there. 2.5 million seems low. So this explains where the extra investment money he is getting is coming from. Sounds REALLY SUSPICIOUS to me. What AVON BARKSDALE!

    • Mel

      Oh, was there a wholesome family event involving a mom and 1 year old there on Richards and Concordia!? Oh wait, that was another SHOOTING! puuullleeezzz! No sane entrepreneur wants to build a business to have it ruined or robbed and even lose their lives trying to defend it. Cancel your dumb plans!

  • Chrisco

    What a waste of money. They come in and destroy everything in their way. Over and over. This is circle. People dumps trucks loads of money into the north side. Just to watch the resident to destroy any improvement.

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