South Shore YMCA to close

Freeman Staff

Jan. 13, 2015

MILWAUKEE The YMCA of Metropolitan Milwaukee announced Tuesday that it will close the South Shore YMCA, 3244 E. College Ave., Cudahy, on Jan. 31.

The YMCA has been implementing a restructuring plan after filing bankruptcy in June 2014. The plan called for the YMCA to sell off the majority of its real estate assets, particularly those outside the city of Milwaukee.

The Milwaukee Y was unable to find a buyer for the South Shore Y and could also not afford to continue operations at the center. When the center is closed on Jan. 31, it will likely be transferred to a bank trust administered by BMO Harris Bank. as part of the Ys reorganization plan.

Julie Tolan, president and chief executive officer of the YMCA of Metropolitan Milwaukee, said closing the South Shore Y was a very difficult decision, and one we didn't come to without exploring all other options.

A hearing is scheduled Jan. 30 on the complete restructuring plan.

www.ymcamke.org/restructuring