Check out these headlines from around the South Shore …
Filed under Headlines
Check out these headlines from around the South Shore:
And check out this story from Entrepreneur magazine about Dave Gilewski, a Toppers Pizza franchisee who is doing quite well in the area. He still plans to open a store in South Milwaukee later this year, according to the article.
(Thanks to Jennifer Moreau of Anytime Fitness in Cudahy for the tip.)
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The look of the lakefront in the South Shore could change drastically in coming years.
Wispark LLC is reportedly negotiating with Oak Creek to purchase 80 acres on South Fifth Avenue, not far from South Milwaukee’s southern border, for potentially mixed use development.
Click here to see the Journal Sentinel story. From it:
Development firm Wispark LLC is negotiating to buy 80 acres along Oak Creek’s lakefront, a property that would play a major role in that community’s effort to redevelop former industrial properties near Bender Park.
The property, at 9006 S. 5th Ave., was once home to the Peter Cooper Co. glue factory, and was later used by Oak Creek Storage and Handling Inc.
City officials have been working for years to redevelop the larger lakefront area, dubbed Lakeview Village.
Last year, the Common Council approved a tax incremental financing district that covers 335 acres, most of it undeveloped or underdeveloped, overlooking Lake Michigan near Bender Park, which is at the end of E. Ryan Road.
City planners have envisioned a mix of uses in the area, including housing and retail, along with public green space that provides access to Lake Michigan. The area would likely take 10 to 20 years to develop, according to a 2009 study conducted by the Urban Land Institute.
Of course, this is not the only major redevelopment project planned for Oak Creek in coming years. Wispark will also work to redevelop the former Delphi site at Howell and Drexel Avenues — a project that could become a “city center” of sorts for Oak Creek — and a business park proposed for Howell and Oakwood Road. Oak Creek Patch has more detail on all three projects.
Filed under Local Business
The Journal Sentinel has an interesting story about strong profit-sharing gains for Ladish employees as the company is about to be sold to a Pennsylvania firm.
Check out the story here. From it:
It wasn’t a record-high profit-sharing check that Ladish Co. employees received on Thursday, but it was close.
Employees at the century-old company received checks equivalent to 7.26% of their annual earnings in 2010, up from 1% a year ago, when the company had struggled in the recession and a downturn in the aerospace industry.
For an employee making $50,000 per year, this year’s check means an extra $3,630.
And check out these other local headlines of note:
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Update: County Supervisor Pat Jursik has published her December E-News update. See it here.
Patrick Cudahy is planning hundreds of local — but mostly temporary — layoffs.
Read the full Business Journal story here. And here is the Journal Sentinel story.
And check out these other headlines of note from around the South Shore.
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The Export-Import Bank gave its final approval Thursday to loan guarantees that will pave the way for an Indian company to purchase $400 million in equipment from South Milwaukee’s Bucyrus International — and save hundreds of local jobs.
Learn more in this Journal Sentinel story.
And check out this item on Bucyrus’ third-quarter earnings, also announced on Thursday. Earnings fell 15.7% on costs related to the acquisition of Terex Corp.’s mining equipment business.
Here are some other local headlines of note:
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As if you needed another reminder about how dangerous it is to be a police offer, this story is that reminder.
Click here to read more about a police chase that began in South Milwaukee and ended in a three-car crash in Cudahy. And here is the press release.
And here are some other headlines of note from around the area:
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