The owners of Razor Sharp Fitness, a health club in Mt. Pleasant, are planning two major building projects. The first project is a 40,000-square-foot family fitness facility, tentatively called Razor Family, that would be built next to Razor Fitness’ current facility at 7300 Washington Ave.
The second project is a 147,000-square-foot facility, and outdoor playing fields, that would be built on an undeveloped site owned by the Village of Mount Pleasant east of 90th Street and north of Corporate Drive.
The two developments could create 100 to 110 full- and part-time jobs.
The current Razor Sharp Fitness facility was built in 2003. The 65,000-square-foot facility is occupied by the 40,000-square-foot health club and a 15,000-square-foot space for an Aurora Health Care physical therapy and orthopedic surgery office.
The club has about 2,600 members. It is owned by Mike and Terri Bannon. Mike Bannon is a real estate lawyer and the president of the DeMark, Kolbe & Brodek S.C. law firm in Mt. Pleasant.
“(Razor Sharp has) had a great run so far,” said Bannon. “Largely because there’s not a lot of competition (in the Racine area) and because it’s owner-occupied. Cleanliness is a huge deal for us.”
Razor Sharp has thrived as an adult fitness center. You must be 14 or older to use the facility.
“That has been the niche that has worked well for us, adult fitness” Bannon said. “At the same time, there is this whole other market waiting to be served.”
The 40,000-square-foot Razor Family would provide a place that adults and children can work out together. It would be connected to the Razor Sharp facility by an above-ground tunnel, but would be a separate facility. People could be members of one facility or the other, or both.
“You and your 10-year-old could in fact work out together (at Razor Family),” Bannon said. “We have an obesity epidemic with our children (in America). How do we address that need? The family working out together.”
The Razor Family facility will have a weight room/cardio room with equipment for adults and children. It will also have a basketball court that could be used for other activities, such as dodgeball. It will have an exercise room for group exercise classes, with an emphasis on kids.
The facility will also have a 180-capacity licensed daycare center where children could be dropped off for the whole day, or just while their parents work out. The day care will have a fitness component and the kids staying there will be able to use the facilities at Razor Family.
The facility also will have a 3.5-feet deep swimming pool. The pool will be used for swimming lessons. It will also have a water park with four water slides. Non-members of the health club will be able to purchase day passes for the water park.
Construction for the $3.8 million Razor Family project is expected to begin in the spring and be completed by the end of 2009, Bannon said.
The other new Razor Sharp facility would be built on part of a 90-acre site owned by the Village of Mt. Pleasant east of 90th Street and north of Corporate Drive. Razor Sharp plans to purchase 27 acres from the village to build a 147,000-square-foot building, four outdoor tennis courts, three softball diamonds and one baseball diamond, eight outdoor sand volleyball courts and three outdoor concession stands.
The 147,000-square-foot building will have two indoor soccer fields and space for a third or something else (such as an ice rink, volleyball courts or tennis courts). A 60,000-square-foot exhibit hall could be created by taking down the boards for the soccer fields. The facility will also have concession stands, locker rooms and retail space for a pro shop.
However, perhaps the top feature will be an Olympic-sized, 50-meter swimming pool. It will be six to 20 feet deep, with a diving area, including a diving tower.
Razor Sharp plans to host numerous swimming meets at the pool, which will have a spectator seating capacity of 3,750.
“We believe we will have at least 30 meets per year and three major meets with 1,500 participants, plus their families,” Bannon said. The major meets could add a nice boost to the Racine area by brining in visitors from out of town, he said.
The facility’s revenue will come from rentals by leagues, meets and tournaments, Razor Sharp’s own leagues, and by charging individual users. Mt. Pleasant residents will receive a discount.
Construction for the $10 million project could begin in the fall of 2009 and be complete by late 2010.
The project is part of a tax incremental financing (TIF) district created by the village. TIF funds will be used for site preparation and infrastructure installation, which will reduce costs for Razor Sharp.
The 90-acre site owned by the village, which includes the 27-acre site that Razor Sharp plans to purchase, is where the village plans to build a new 35,000-square-foot village hall building. The current village hall is located at the northwest corner of Highways 11 and 31. Moving the village hall to a new facility will open up that corner for commercial development.
Waukesha
Waukesha-based Metal-Era Inc., which manufactures metal roof edge systems, is planning a $2 million, 32,000-square-foot expansion of its 72,000-square-foot facility at 1600 Airport Road. Construction is expected to begin in September and be complete in January. The company’s sales have increased 70 percent in the last three years and it needs additional space for equipment and shipping said president Gene Mallinger. “We’re crowded now,” he said. “We need to reorganize areas for equipment product lines and the shipping area. We need room for additional staging of products that are ready to ship.” The company recently added a new piece of robotic equipment and will be adding another larger piece of robotic equipment in October, which will only increase the need for more space. The company has added about 10 employees during the last two years and now has 65, Mallinger said. The company has no immediate plans to more employees, he said.
PyraMax Bank plans to move its Waukesha branch from 2208 E. Moreland Blvd. to the former TCF Bank building at 1500 E. Moreland Blvd. The TCF Bank branch closed earlier this year. The move to the 1500 E. Moreland buildings is expected to be complete in February and Greenfield-based PyraMax plans to sell the 2008 E. Moreland building. PyraMax bank has about $492 million in total assets.
Pleasant Prairie
Milwaukee Insulation/Insulation Plus plans to open a facility in a 37,000-square-foot space at 10795 72nd Ave., Pleasant Prairie, in LakeView Corporate Park. The building, called the Towne II Industrial Building, was developed by Milwaukee-based Towne Investments. Milwaukee Insulation/Insulation Plus is a wholesaler and distributor of products for the residential and commercial building industry, dealing primarily with commercial construction contractors.
Germantown
Turn-Key Solutions plans to move from N114 W18605 Clinton Dr. in the Germantown Industrial Park to a 12,000-square-foot building at N117 W19345 Fulton Dr., also located in the Germantown Industrial Park, and will build a 10,000 square-foot addition onto the building.
Brookfield-based Simon Group Ltd. plans to build a four-building, 47-unit senior condominium complex and a 6,600-square-foot multi-tenant retail building on a mostly vacant site at Fond du Lac Avenue and Main Street.
Pewaukee-based DBI Inc. plans to build a 1,985-square-foot commercial/ office building on Kleinmann Drive in the Lannon Road Business Center for St. Louis-based Enterprise Rent-A-Car Company. Enterprise Rent-A-Car has more than 6,000 U.S. locations.
Fox Point
Melissa Freeman, the co-owner of the Jimmy John’s restaurant at 1344 E. Brady St., Milwaukee, plans to open another Jimmy John’s location in the RiverPoint Village Shopping Center at 8793 N. Port Washington Road, Fox Point.
Delafield
Yong Kao Chen plans to open a Chinese restaurant at 3061 Village Square Dr.
Corcoran Glass LLC, a glass company, plans to open a contractor’s office, shop and yard at 3697 Kettle Court East.
Kenosha
Kenosha-based American Land Development plans to build a 12-building, 164-unit apartment development on a vacant 14-acre site located south of 60th Street, near 126th Avenue, which is west of I-94.
Milwaukee-based Land Craft Survey and Engineering plans to build a 36-home subdivision on a mostly vacant 10-acre site west of 22nd Avenue and north of 21st Street.
Shorewood
Construction began recently on a $310,000 façade renovation to an 18,000-square-foot mixed-use retail/ office building at 3510 N. Oakland Ave. The building is owned by Dimitri Dimotropolous. Its current tenants include a Sherwin-Williams Paint store and the Milwaukee Yoga Center. The village provided a $50,000 business improvement district façade grant and a $105,000 grant from TIF funds for the project. “This and other projects will contribute to enhancing the aesthetics along Oakland Avenue on the south end of Shorewood, the value of the surrounding property and the variety of retail and services,” said Village manager Chris Swartz.
Leases
CB Richard Ellis
The Cedarburg School District leased 3,744 square feet of office space at N19 W6717 Commerce Ct., Cedarburg, from Metaphor Limited Partnership.
OfficeMax North America Inc. leased 18,000 square feet of retail space at the southwest corner of 76th Street and Rawson Avenue in Franklin from Rawson LLC.
EDS Information Services LLC leased 3,726 square feet of office space at 13890 Bishop’s Dr., Brookfield, from Pinnacle I at Bishop’s Drive Office Park LLC.
Cottonwood Financial Wisconsin LLC leased 1,650 square feet of retail space at 7201 120th Ave., Kenosha, from Windsor Pointe Investors LLC.
Packaging Corporation of America leased 93,692 square feet of industrial space at 4620 W. Basswood Dr., Franklin, from Aldridge Family Limited Partnership.
Cordstrap USA Inc. leased 24,563 square feet of industrial space at 1101 S. Sylvania Ave., Yorkville, from Sierra Properties LLC.
Dickman Company
Heat Cheer LLC leased 8,050 square feet of industrial space at W248 N5250 Executive Dr., Sussex, from Marriott Sussex Investments LLC.
Milwaukee Composites Inc. leased 10,870 square feet of industrial space at 400 W. Bell Ct., Oak Creek, from K&Z Partners LLC.
Boot Depot leased 5,050 square feet of industrial space at 1505 Arcadian Ave., Waukesha, from Albert Kropp of Wisconsin LLC.
Inland Companies
ComputerTraining.com leased 6,083 square feet of office space at Honey Creek Corporate Center III located at 135 S. 84th St., Milwaukee.
Papa John’s leased 1,350 square feet of retail space at 6116 W. Regency Dr., Racine.
Extention Inc. leased 4,500 square feet of office space in The Waterstone Bank Building at 7500 W. State St., Milwaukee.
Mid-America Real Estate
Mr. Wok leased 1,400 square feet of space at Silvernail Shopping Center, 2100 – 2600 W. Silvernail Road, Pewaukee, from Waukesha Retail LLC.
Hockey Haven leased 1,800 square feet of space at Mequon Court II in Mequon from Concord 37 LLC.
United States of America Armed Services Recruiting Center leased 1,168 square feet of space in Falls Plaza at 14900-15100 W. Appleton Ave., Menomonee Falls, from Falls Plaza Venture LLC.
NAI MLG Commercial
EAS Mold & Die Change Systems Inc. leased 3,200 square feet of space at N50 W13740 Overview Dr., Menomonee Falls, from Overview Park Place LLC.
Knight Chemicals leased 50,000 square feet of space at 7320-7400 W. Florist Ave., Milwaukee, from STI Douglas LLC.
Shred-It USA Inc. leased 10,232 square feet of space at 12100 W. Wirth St., Wauwatosa, from JMC Properties.
K&L Sales Inc. leased 21,040 square feet of space at 1425 Walnut Ridge Dr., Hartland, from Belvina Investment Corp.
Tech Rooms LLC leased 2,483 square feet of space at N225 W16700 Cedar Park Ct., Jackson, from Cedar Creek Business Center.
Advanced Dental Specialists leased 3,440 square feet of space at 5900 N. Port Washington Road, Suite 250, Glendale, from Bayshore Town Center LLC.
Ogden & Company Inc.
Pier Wisconsin Inc. leased 18,000 square feet of office space at 2222 W. Clybourn St., Milwaukee.
Allen Kitchen & Bath leased 3,000 square feet of retail space at River Renaissance, 100 N. Water St., Milwaukee.
Veit & Company Inc., Specialty Contracting & Waste Management leased 13,930 square feet of space in the Leinenkugel Brewing complex at 933 W. Somers St., Milwaukee.
Sportvision renewed its lease of 443 square feet of space in the Northern Lights Building at 1661 N. Water St., Milwaukee.
Technology Resource Advisors Inc. leased 1,192 square feet of office space in the P.H. Dye Building at 320 E. Buffalo St., Milwaukee.
Zignego Company Inc. leased 1,350 square feet of office space in the Ridge View Building at 5678 W. Brown Deer Road, Brown Deer.
Siegel-Gallagher
Mitchell Street Menswear leased 7,200 square feet of retail space in the Kunzelmann-Esser Lofts building at 710 W. Mitchell St., Milwaukee. About 2,400 square feet of retail space is still available in the building.
Franklin Energy Services leased 2,685 square feet of office space at 10535 N. Port Washington Road, Mequon, from PJL Group.
Sales
CB Richard Ellis
RT Real Estate of Southeastern Wisconsin LLC purchased 1.02 acres of land at the northeast corner of South 76th Street and Grange Avenue in Greendale from Saks Inc.
Colliers Barry
North Avenue Development LLC purchased 104,000 square feet of industrial space in three buildings at 1003 W. North Ave., Milwaukee, from JSB Investment Group LLC for $350,000.
Turn-Key Solutions purchased a 12,200-square-foot industrial building at N117 W19345 Fulton Dr., Germantown, from Great Bison LLC. Turn-Key plans to expand the building with a 10,000-square-foot addition.
North Avenue Development LLC purchased the former Alsco property at 1003 W. North Ave., Milwaukee, with three buildings totaling 104,000 square feet of space, from JSB Investment Group LLC.
Inland Companies
3505 Spring Street, LLC purchased the 1,738-square-foot retail property located at 3505 Spring St., Racine for $205,000.
Thomas Sewart purchased 20,000 square feet of land located at 4066 N. Port Washington Road in Milwaukee for $55,000.
West Capital Office Center, LLC purchased the 17,500 square foot office property known as the Vanguard Building, located at 6114 W. Capitol Dr., Milwaukee, for $465,000.
Mid-America Real Estate
South 108th Street Land Company LLC purchased 0.41 acres of land at 4275 S. 108th St., Greenfield, from Aldi Inc.
River Valley One LLC purchased 1.5 acres adjacent to the Woodman’s store at 8171 Howell Ave., Oak Creek, from 8171 Howell LLC.
NAI MLG Commercial
Pilgrim Group LLC purchased 5.31 acres of land at Pilgrim and Lisbon in Menomonee Falls from 333 North Plankinton Building Partnership.
Abbott Avenue LLC purchased 2.36 acres of land at the northwest corner of Highway 100 and Abbott Avenue in Hales Corners from MLG Capital/Hales Corners LLC.
Lazzara W LLC purchased 21,000 square feet of space at 8071 N. Granville Woods Road, Milwaukee, from G&L Investments.
New construction
Butler-based Berghammer Construction Corp. recently completed construction of the two-story, 20,000-square-foot Howell Avenue Professional Office Center in Oak Creek. The building was developed by RW Howell LLC (Rick Ruvin and Dan Wasserman).
New Berlin-based Anderson Ashton Inc. was awarded a contract to design and build a 22,000-square-foot church building for St. John’s Evangelical Lutheran Church at 410 Highway NN, Mukwonago.
Waukesha-based Campbell Construction was awarded a 6,631-square-foot office build and renovation for Arrow Electronics at 150 N. Patrick Blvd., Brookfield.
West Allis-based Triad Construction Inc. was awarded a 6,200-square-foot building addition project for the Sussex Public Safety Building.
