
A large part of the former Bucyrus campus has a new owner … and, soon, new life.
Reich Brothers LLC closed on its purchase of the property on Tuesday, and work is already underway to redevelop the site and bring new tenants and uses to this important piece of our city’s heritage.
Of course, as we embark on this journey with Reich, we will never forget the original “one” and the important role Bucyrus played in the development and growth of this city. In many ways, we were Bucyrus, and Bucyrus was us, and we should all feel immense pride in that.
Thousands of people have poured their hearts and souls into building machines in South Milwaukee that built the world, and we will always celebrate that in ways big and small, hopefully as this campus redevelops.
That said, the future is here. And our goal as a city is to continue to work with Reich Brothers to keep the lights on for the next occupants of this campus.
We are and have been committed to partnering to secure new users both quickly and thoughtfully, ensuring our investments are sound and rooted in what’s best for the city and our downtown long term.
In other words, there is much, much more to come here. Interest in the property has already been strong; I’ve heard from a number of potential users and tenants firsthand about the opportunity this campus represents. Still, this effort — as with the redevelopment of the city as a whole — is just getting started.
There is lots of work to do, and Reich Brothers is the right owner, and partner.
I close with this. We — especially our city administrator, engineer and economic development director — have done a lot behind the scenes to prepare for this day already, which I detailed in a previous blog post.
Those efforts have not gone unnoticed. I share this comment from Tom Shepherd, who led the transaction from Colliers International: “You have a great community and a bright future, and I thank you for all of your proactiveness on everything. You guys were great to deal with, one of the best communities I’ve dealt with in a long, long time. You have a lot of good things going for you.”
I could not have it better myself. Forward!