A couple whose juice business grew out of an effort to treat their son’s rare genetic disorder. A mother jump-starting her vocation after the tragic loss of her son. A woman dedicated to helping female human trafficking victims rebuild their lives through job skills.
They are some of the entrepreneurs giving new life to the damaged remains of a riot-scarred building in Milwaukee’s Sherman Park neighborhood — in the aptly titled Sherman Phoenix development.
Two years and $4 million in the making, Sherman Phoenix debuts Friday with a promise to generate jobs and showcase a vibrant spirit for a neighborhood recovering from the violent unrest of August 2016. Funding came from a wide range of investors — the City of Milwaukee, the Wisconsin Economic Development Commission and about 50 community members who put in between $1,000 and $10,000 for ownership stakes as part of a crowdfunding effort. Three angel investors, including Milwaukee Bucks Senior Vice President Alex Lasry, also participated. Read the full story here.