Regional Round Up

Posted on May 1, 2016 :: Up Front
Posted by , Insight on Business Staff Writer

» Interstate 41 Corridor

Brown, Calumet, Outagamie, Winnebago, Fond du Lac Counties

Titletown development begins to take shape

The final pieces of land are in place and the first shovels of dirt have been turned over in the construction of the Green Bay Packers Titletown District.

Earlier this spring, the Packers secured 4.78 acres from the state Department of Transportation for $1.5 million. The land includes Lombardi Access Road and the land between it and Lombardi Avenue. In April, Lodge Kohler, a four-diamond, 144-room, five-story hotel, became the first of the announced anchor tenants to begin construction.

The other anchors are Hinterland Brewery and a Bellin Health sports medicine clinic.

The Titletown District is a 34-plus-acre development adjacent to Lambeau Field, bordered by Lombardi Avenue, South Ridge Road, Marlee Lane and Brookwood Drive. Phase 1 consists of 21 acres, including six acres of a planned 10-acre public park and plaza.

The district also will have 180,000 square feet of commercial space along Lombardi Avenue and Marlee Lane, and as many as 70 townhouses along Brookwood Drive.

Associated Bank buys Milwaukee office tower

Associated Bank has purchased the Milwaukee Center office building in downtown Milwaukee. The purchase price was not disclosed, but the Milwaukee media reported it was
$60.5 million.

Chicago-based Hub Milwaukee River Center Properties sold the 28-story downtown building to Milwaukee Center Management LLC, a Green Bay-based affiliate of Associated. Associated will occupy between one-fourth and one-third of the building when the lease on its current regional office expires in 2022.

Around 320 Associated employees currently occupy 97,000 square feet of the Plaza East towers at 330 East Kilbourn Ave.

“Our purchase of this iconic, city-center building aligns with our efforts to become the city’s hometown bank,” says Philip Flynn, president and CEO of Associated Bank, which is based in Green Bay.

The Class A property was built in 1988 and is 426 feet tall, with a total size of 373,000 square feet. It was 81.7 percent leased at the time of sale.

Moraine Park launches new technology degrees

Moraine Park Technical College will offer two new information technology associate degree programs beginning this fall.

The new degree programs will be IT-Web Development and Design Specialist and the IT-Mobile Applications Developer.

“There’s a growing need for IT professionals, and these opportunities will provide students the necessary skills needed to compete in the IT field. These programs were developed with local business and industry support to help bridge the skills gap in this area,” said Lisa Pollard, Moraine Park’s associate dean of business and IT.

Because these two programs are similar in content, students can achieve both associate degree programs in five semesters if they choose. This option can provide students with additional skills and enhance their value in the labor market for years to come.

Currently, Moraine Park offers local certificates in content management, website security, iOS web application development and android web application development.

The certificates have been increasing in demand, with a total of 108 students served between the four local certificates since summer 2014.

» The Northwoods

Florence, Marinette, Menominee, Oconto Counties

Marinette Marine gets contract for LCS-25

The Department of Defense has awarded contracts to construct two additional Littoral Combat Ships, including LCS-25 to be constructed at Marinette Marine with a congressional cost cap of $564 million.

The Freedom-variant LCS ship is expected to be delivered to the Navy in July 2020. The contract for the other ship, LCS-26, was awarded to Austal USA, Mobile, Ala., with the same congressional cost cap of $564 million.

Primary contractor Lockheed Martin has built multiple models of its LCS at Marinette Marine and has averaged about $360 million per ship. Lockheed’s LCS 25 and Austal’s LCS 26 are expected to be delivered in November 2020. The two companies have already delivered LCSs 1 through 6, and will deliver 7 through 11 in 2016.

“Over 12,000 people and 500 suppliers in 37 states contribute to this critical program and will continue to do so as we transition to the new Freedom-class Frigate in the coming years,” says Joe North, Littoral Ships and Systems vice president and general manager.

This is the 11th LCS procured under the 2010 block buy contract and the 13th Freedom-class variant. Marinette Marine has already delivered three ships, while seven are in various stages of construction and testing, and three more in long-lead production.

New surgery center opens in Oconto Falls

HSHS St. Clare Memorial Hospital in Oconto Falls opened the new HSHS St. Clare Regional Surgery Center on its campus.

The new center will serve as the home-base for the surgical team lead by Dr. Richard McNutt and Tina DeGroot. The facility allows patients to access additional surgical care locally.

“As part of the Hospital Sisters Health System family, HSHS St. Clare Regional Surgery Center delivers the same level of high-quality surgical care provided at our sister-hospitals HSHS St. Vincent Hospital and HSHS St. Mary’s Hospital Medical Center in Green Bay, but much closer to home for our patients,” says Dan DeGroot, chief operating officer at HSHS St. Clare Memorial Hospital.

» West Central

Shawano, Waupaca, Waushara, Marquette, Green Lake Counties

Pigeon River Brewing adds more capacity

Pigeon River Brewing has outgrown its 4,000 square-foot facility on U.S. Highway 45 in Marion and is adding space to meet demand for its beer and soda, which are served at an on-site brewpub as well as being distributed to bars and restaurants throughout northeastern Wisconsin.

The brewery announced plans to move operations across Highway 45 to Northwinds Banquet Hall. Construction began early this year to convert the small side of the banquet hall to a brewpub complete with brewery, bar and dining area. The new facility is designed to retain the rustic/industrial décor as the existing brewpub.

Northwinds is a 15-year-old full-service banquet facility offering weddings, parties, holiday buffets and catering. The brewery addition will not change any of its services or offerings.

» The Lakeshore

Door, Kewaunee, Manitowoc, Sheboygan Counties

Orion Energy frees up cash with building sale

Manitowoc-based Orion Energy has reached a deal to sell and lease back a portion of its local manufacturing plant as part of a series of moves the energy-efficient lighting manufacturer says will pave the way for future growth.

Orion will sell its 266,000-square-foot plant and 10 of the 30 acres of
land it owns in Manitowoc to cookware and home appliance maker Tramontina, which owns an adjacent plant. Orion, which employs 121 people in Manitowoc, will then lease 200,000 square feet of space back, with Brazil-based Tramontina using the remainder.

Meanwhile, Orion will retain ownership of its corporate office building and begin leasing the third floor to Manitowoc Foodservice to house the newly spun-off company’s shared services staff.

Company officials described the move as purely financial and one that’s needed to free up assets as the company readies for future growth.

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