The pace of redevelopment downtown is quickening, and it starts in the center.
The latest addition to the former Bucyrus campus is Roadrunner Freight, which is bringing more than 100 business support workers to one of the office buildings. It’s the fourth significant new tenant for the Bucyrus Business Center, and third in less than six months (including Steele Solutions and Dawn Equipment).
Learn more in this Business Journal story. From it …
Roadrunner is taking over 23,000 square feet on the three-story Panama Office building. Caterpillar left that space move-in ready, according to Jim Cavanaugh of Boerke Co., who brokered the office lease on behalf of building owner Reich Brothers with Boerke’s Andrew Jensen and Katie Brueske.
“It was fully furnished,” Cavanaugh said. “They left the cubicles and wiring in place. Roadrunner was looking for a plug-and-play situation.”
The Roadrunner lease follows two 2021 announcements of new industrial companies moving into Bucyrus Business Center. New York state real estate investor Reich Brothers bought the property in 2018 and has since invested in improvements to the building to make its manufacturing and office building space more attractive to tenants.
That investment is paying off, and that is only good news for our city and downtown. It means new jobs, new customers for local businesses and new energy for a campus that could easily have sat vacant for years, like so many mothballed industrial complexes across the country.
I can’t wait to see what’s next — and there will be a “next.” Stay tuned.
All in, more than $10 million in new investment is aready on the books for downtown in 2021.
Work on the Bucyrus Club & Event Center is full speed ahead, with a formal opening coming in July. It’s the same with the impressive expansion of D.B. Tax & Wealth across the street, and Military Connection down Milwaukee Avenue. The Moran’s Pub six-figure rehab — inside and out — is also impressive.
Plans are advancing for the city’s new downtown public space, and the updated designs are terrific.
Two new apartment redevelopments from Riverview Diversified are also in the works, and were discussed at Tuesday’s Plan Commission, as part of the most robust agenda I’ve seen in South Milwaukee in many years.
- The former Bettinger & Sons Department store (most recently a rooming house and Kane Insurance) at 2001 10th Ave. will become 24 apartments, with construction (and a full exterior facelift) expected to begin in June.
- Riverview Diversified is also proposing 24 apartments for the former Doerman Shoe Company factory (more recently the Pyramax Lending Center and then Cheata Bikes) at 2300 10th Ave. The Plan Commission approved a rezoning application on Tuesday for the project, with a public hearing and council approval still needed.