Kenosha

Frank P. Crivello of Phoenix Investors discusses crime reduction in Racine & Kenosha through blight elimination

As reported in Kenosha News and The Journal Times Racine, Wisconsin – Urban and rural blight refers to buildings that have been abandoned and left to decay. Studies dating as far back as the 1920s have in various ways linked blighted properties to marked increases in neighborhood crime and reduced economic activity. Most studies focus on abandoned residential properties, but nationwide real estate investor Phoenix Investors noticed a pattern between its large-scale industrial redevelopments and crime reduction. Phoenix Investors’ core business is the revitalization of former manufacturing facilities ... Read More

2020-09-14T16:52:01+00:00September 14th, 2020|Articles, Frank P. Crivello, Milwaukee|

Interview with Frank P. Crivello: Phoenix Investors helps bring new life to distressed properties

As reported in Milwaukee Journal Sentinel by Jeff Bentoff, for Phoenix Investors In a wide-ranging interview, Phoenix Investors Chairman and Founder Frank P. Crivello discusses the company’s beginnings, philosophy and two key projects that helped revitalize their communities. Q:  Tell us about Phoenix Investors. A: Phoenix Investors is a national commercial real estate firm based in Milwaukee. Our core business is renovating and repositioning underappreciated former single-tenant Class B and Class C industrial facilities throughout the U.S. The properties we redevelop were previously owned by large companies, Real Estate Investment ... Read More

2020-08-14T18:38:56+00:00August 14th, 2020|Articles, Frank P. Crivello, Milwaukee|

Frank P. Crivello of Phoenix Investors Discusses How Urban Blight Remediation Reduces Firearms Violence

As reported in Kenosha News and The Journal Times Most American cities have their share of abandoned buildings, ranging from condemned houses to abandoned warehouses. Studies repeatedly show that these abandoned structures, often referred to as urban blight, contribute to increased local crime. Through public-private partnerships, businesses and municipalities can address these issues by implementing urban blight remediation programs. How Industrial Urban Blight Hurts Neighborhoods Industrial urban blight occurs when an owner abandons a building; as the building falls into disrepair, it becomes blighted. Blighted ... Read More

2020-08-03T16:58:05+00:00August 3rd, 2020|Articles, Frank P. Crivello, Milwaukee|
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