|
CITY LEADERS RECOMMEND BURYING NEW POWER LINE
The state Public Service Commission will be asked to bury parts of power lines proposed for Milwaukee's far west side and Wauwatosa. The PSC is charged with making a decision on whether to bury the lines, a priority of the residents in the area as well as Milwaukee Montessori School and others. The Milwaukee Common Council approved a resolution Wednesday that puts the city on record requesting that the power line be located underground along N. 95th St. between the existing N. 96th St. substation and W. Wisconsin Ave.
OSHKOSH, ICAHN MARSHAL SUPPORT
Investor Carl Icahn's attempt to shake up Oshkosh Corp. has intensified, with Icahn claiming support from a shareholders advisory firm, while the company says it has support from two advisory firms urging shareholders to reject Icahn's tactics. It all comes to a head Jan. 27 at the company's annual shareholders meeting. Icahn, a billionaire investor who owns nearly 10% of Oshkosh Corp., nominated six of his business associates for the board of directors.
SOUTH SIDE APARTMENTS WIN ZONING APPROVAL
The proposed conversion of a former south side factory into apartments, opposed by the building's industrial neighbors, was approved Wednesday by the Milwaukee Common Council. If the project also obtains financing, the former Milwaukee Paper Box Co. building, at 1560 W. Pierce St., would be converted into 72 apartments by Minneapolis-based developer Sherman Associates Inc. The six-story building is now used for storage. The council unanimously approved rezoning the property after the Zoning, Neighborhoods and Development Committee voted 5-0 to recommend approval.
CEDARBURG MANUFACTURER CONSIDERS EXPANSION
Another small manufacturer in the Grafton-Cedarburg area might be expanding. Ataco Steel Products Corp., 6809 Highway 60, Town of Cedarburg, is considering a plan to add 35,103 square feet to its 44,838-square-foot facility to accommodate its expanding metal stamping and fabrication services, according to a Plan Commission notice. Ataco President Rick Reichertz said the company has asked that the proposal be removed from the commission's Wednesday agenda. He said company executives are still evaluating the possible expansion plan.
POTAWATOMI CASINO ANNOUNCES PLANS FOR HOTEL
Potawatomi Bingo Casino, which has grown to 2,500 employees from its modest launch as a bingo hall in 1991, would add another 230 jobs at a proposed 20-story hotel, while helping Milwaukee draw more overnight tourists, casino officials said Tuesday in announcing their plans. In addition to generating about 1,000 construction jobs, its estimated $97.5 million cost would make the 382-room hotel Milwaukee's largest current development project.
KRAFT TO SPLIT CUT 1,600 JOBS IN NORTH AMERICA
The Northfield, Ill.-based food company said Tuesday that it plans to eliminate the positions throughout the U.S. and Canada during the coming year. The cuts will be made among its sales, corporate and other business units. About 20% of the job eliminations are currently open positions. Kraft has roughly 127,000 employees worldwide, including 46,500 in North America. The company announced in August that it would split into two independent companies: a global snacks business and North American grocery business. Kraft said the moves are needed to help the businesses run more effectively.
IRON BLOCK TO BE RENOVATED FOR DENTAL PRACTICE HEADQUARTERS
Downtown Milwaukee's historic Iron Block Building has been sold to Wauwatosa-based Dental Associates, which will move its headquarters there. Dental Associates, Wisconsin's largest group dental practice, also plans to open a clinic at the Iron Block, at E. Wisconsin Ave. and N. Water St., said owner Thomas Manos. The four-story building needs extensive repairs for its namesake iron facade, along with additional remodeling, to accommodate Dental Associates.
APRTMENTS PLANNED FOR FORMER FACTORY WIN ZONING APPROVAL
The proposed conversion of a former south side factory into apartments, opposed by the building's industrial neighbors, was approved Wednesday by the Milwaukee Common Council. If the project also obtains financing, the former Milwaukee Paper Box Co. building, at 1560 W. Pierce St., would be converted into 72 apartments by Minneapolis-based developer Sherman Associates Inc. The six-story building is now used for storage. The council unanimously approved rezoning the property after the Zoning, Neighborhoods and Development Committee voted 5-0 to recommend approval.
NEVADA BREWERY PLANS OPERATION IN FRANKLIN
A Nevada-based craft brewer plans to open a second brewery in Franklin to help it serve new markets in the Midwest and Northeast. Joseph James Brewing Co. plans to operate the brewery at 9750 S. Oakwood Park Drive, in Franklin Business Park. The company will lease around 6,000 square feet within the Oakwood Commerce Center, a light industrial building. Along with making beer and soda at the facility, the company plans to operate a tasting room and gift shop, according to Joseph James' application for zoning approval. The Franklin Community Development Authority is to consider the application at its Thursday meeting.
MSOE PARKING STRUCTURE PLAN FOR PARK EAST MOVING FORWARD
Milwaukee School of Engineering's plan to build a parking structure, topped with a collegiate soccer field, in the Park East area is finally moving forward, over a year after being proposed. The university announced in November 2010 it wanted to buy a county-owned parcel in the Park East area for the project. That lot would be sold once the county-owned tract and an adjacent tract, owned by BMO Harris Bank through its recent purchase of M&I Bank, were reconfigured to create two parcels with regular shaped boundaries. The university would then buy around 2.5 acres, north of E. Knapp St. and west of N. Broadway.
SCHLITZ PARK REDEVELOPMENT EFFORT LANDS OFFICE TENANT
Schlitz Park's redevelopment effort has landed AECOM Technology Corp., which is leasing 21,000 square feet, and will move to the downtown office park from two other Milwaukee locations. AECOM, a tech consulting firm, will move around 90 employees to the office park's RiverCenter, 1515-1575 N. River Center Drive, from the firm's offices at 1020 N. Broadway and 11425 W. Lake Park Drive. The move is to occur July 1.
AIRCRAFT MAKER KESTREL TO EMPLOY 600 IN WISCONSIN
Gov. Scott Walker and Kestrel Aircraft Corp. officials announced Monday that the aircraft manufacturer plans to make Superior the home of its manufacturing facility and headquarters - a move that will bring about 600 jobs to the area by 2016. |