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A new headquarters for warehouse instrumentality institution Rite-Hite is rapidly rising successful Walker’s Point.
The institution announced successful aboriginal 2020 it would relocate from suburban Brown Deer to the Reed Street Yards concern park, bringing astir 300 employees with it.
It is gathering a four-story, 159,308-square-foot bureau gathering on the northbound broadside of W. Freshwater Way connected a tract that overlooks the South Menomonee Canal and Harley-Davidson Museum.
A two-story, 108,552-square-foot bureau building, to beryllium utilized for probe and development, is being constructed connected the southbound broadside of the street. A parking operation with 4 levels and 450 stalls is being constructed instantly westbound of the building. A skywalk volition link the 2 bureau buildings.
Rite-Hite designs and manufactures loading dock equipment, concern doors, information barriers, concern fans and different products for warehouse operators. The 56-year-old institution has implicit 2,300 employees crossed the globe, including 4 locations successful the Milwaukee area.
The caller Milwaukee field would beryllium utilized research, design, administration, income and management, but not manufacturing.
In precocious 2019 the Common Council approved a $4 cardinal amendment to the taxation incremental financing territory utilized to make the concern parkland to money the relocation of two Milwaukee Metropolitan Sewerage District (MMSD) sewers that transverse the Reed Street Yards concern parks, but don’t straight service the 15-acre tract formed from a erstwhile obstruction gait and trucking facility. The determination was billed arsenic clearing an impediment to improvement and metropolis officials said it would beryllium required whether the then-rumored Rite Hite relocation occurred oregon not.
The formerly water-focused concern parkland lone attracted a azygous bureau tenant anterior to Rite-Hite’s announcement.
Zurn, a subsidiary of Rexnord, relocated from Pennsylvania to a three-story bureau building in the concern park. The Yards flat gathering was completed past twelvemonth connected the district’s eastbound borderline on S. 2nd St. A important magnitude of different development, including the Global Water Center, has taken spot conscionable extracurricular of the borders of the concern park. A large Milwaukee Bucks mural conscionable extracurricular of the concern parkland volition beryllium partially obscured by the caller R&D building.
An affiliate of Rite-Hite purchased 9.4 acres of onshore from General Capital Group for $12 million. The riverwalk conception that rings the spot remains unfastened during construction.
The Rite-Hite task is acold from the lone operation successful the area. To the north, Harley-Davidson is adding a caller lawsuit venue to its depository campus. To the east, Kelly Construction has started moving connected the redevelopment of a pre-Civil War gathering astatine 235 S. 2nd St.