Schlitz Tivoli Palm GardenPlans to create social innovation and entrepreneurship hub

NEWaukee says it will redevelop the historic Schlitz Tivoli Palm Garden building in Walker’s Point into a hub for social innovation and entrepreneurship.

According to a news release, NEWaukee is under contract to purchase the two-story, 16,000-square-foot building located at 504 W. National Ave.

There, a NEWaukee affiliate will develop The Beacon, a mixed-use center that will include 8,500 square feet of open office and meeting spaces, 6,000 square feet of flexible event space and a 1,500-square-foot café and bar. The project is expected to cost $3.4 million.

The building was formerly the Milwaukee Ballet’s training studio and offices for the Milwaukee Ballet before it moved into a new two-story, 52,000-square-foot building in the Historic Third Ward.

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