Real estate odds and ends

Lauth unveils plans for development near Bradley Center
Indianapolis-based Lauth Property Group, the firm hired by the Bradley Center to develop vacant land around the sports and entertainment facility, unveiled more details about the development plans, including a draft conceptual sketch of the retail/entertainment project. "We believe this conceptual sketch shows the exciting type of development we hope to build on the site in the coming years." said Larry Evinger, first vice president of retail at Lauth. "We view this project as a destination and a focal point for activity and development in the area."

Lauth’s concept includes over 500,000 square feet of retail space on 12 acres adjacent to the Bradley Center. The multi-level development will include space for major anchor tenants, junior anchors and small shops. It also features a parking garage as well as space for dining and entertainment venues. Lauth said it plans to develop the site in multiple phases. If market demand warrants, future phases of the project could include high-rise office space, a hotel, and/or residential towers.

If the project is successful it could also be expanded north into the Park East corridor. To do that the Bradley Center would have to purchase the Park East parcel from Milwaukee County, which has yet to issue an RFP for the block. The next step for the Bradley Center development project includes generating additional retailer interest and finalizing the development plan, according to Lauth. The company said it hopes to present a more detailed plan to the city in the next year.

The Bradley Center, located at 1001 N. Fourth St. in downtown Milwaukee, owns about six acres of developable land to the north and has some vacant land adjacent to the building at the corner of North Sixth and State streets. The Bradley Center wants to develop the vacant land to enhance the facility as an entertainment destination and to generate more revenue for its tenants, including the Milwaukee Bucks.

Developer selects Hunzinger to build new Derse headquarters
HSI Development Partners LLC
, a Glendale-based real estate development and construction management company, announced that it has chosen Brookfield-based Hunzinger Construction Co. as the general contractor for what will be the largest project to date in Milwaukee’s Menomonee Valley Industrial Center. The facility will be leased long-term to Derse Inc., a national company based in Wauwatosa that is known for making high-tech, large-scale exhibition booths. Derse plans to move its headquarters to the valley so that it can expand its operations and grow its workforce.

The 160,000-square-foot facility will be built at the gateway to the redeveloping valley, just east of Miller Park along Canal Street. The development will cost an estimated $10 million. "Hunzinger is a reliable, capable and quality builder with a century-long tradition of excellence, dependability and safety," said Ryan Schultz, an HSI principal.  "We are pleased to have them on the team for this project."

"Hunzinger will do a great job in building the forward-looking design by Eppstein Uhen Architects that incorporates numerous glass and pre-cast concrete elements," said HSI principal Brett Haney. "We believe this project will not only meet the needs of our client, Derse, but also will be an attractive addition to the valley neighborhood that demonstrates HSI’s commitment to high-quality projects."

The Milwaukee Redevelopment Authority recommended the sale of 8.1 acres of valley land to HSI for $971,000, and the Milwaukee Common Council approved the sale in November. The final property transfer occurred May 22. "We are proud to have been selected to join the HSI team for this exciting new development in the Menomonee Valley, and look forward to bringing their vision to reality,” said Kevin O’Toole, Hunzinger’s executive vice president.

Main Street award winners
Several area communities were honored at the recent Wisconsin Main Street awards reception in Madison. The state’s Main Street communities include: Algoma, Beloit, Chippewa Falls, Columbus, Darlington, De Pere, Eagle River, Fond du Lac, On Broadway (Green Bay), Lake Mills, Lincoln Village (Milwaukee), Marshfield, Mishicot, Monroe, Osceola, Pewaukee, Platteville, Portage, Prairie du Chien, Rhinelander, Rice Lake, Richland Center, Ripon, Sharon, Sheboygan Falls, Stevens Point, Sturgeon Bay, Tigerton, Two Rivers, Viroqua, Watertown, Wausau, West Allis, West Bend and Whitewater.

This year’s Main Street award recipients include: Best Façade Rehabilitation Over $7,500, Ryan Hughes, Warhawk Country LLC, 200-214 W. Whitewater St., Whitewater; Best Promotional Item, The Downtown News, West Bend; Best Public Improvement: Built Environment, honorable mention, South Mound Removal Project, West Bend; Best Downtown Retail Event, Date Nite, Sheboygan Falls Chamber-Main Street; Best Public Improvement: Beautification, honorable mention, historic building banners, Sheboygan Falls Chamber-Main Street; Best Public-Private Partnership in Downtown Revitalization, Ginny Coburn, Jerry Wendt and the City of Whitewater, Stone Stable Project; Best Creative Fund Raising Effort, honorable mention, 17th Annual Downtown West Allis Classic Car Show; Best New Downtown Business, honorable mention, Dan’s Meat Market, Whitewater.

Kenosha Theatre open house and work day
The Kenosha Theatre restoration project will be have a work day and open house on Saturday, June 7th, from 10 a.m.-3 p.m. The public is invited to come and see plans and meet with members to discuss the restoration efforts underway to bring what is the former movie theater back into operation as a live performance theater. Volunteers will be provided with gloves, brooms and shovels, but are encouraged to bring their own. The Kenosha Theatre is located at 5913 6th Avenue, at the south end of downtown Kenosha. For further information about the project call 262-658-2355 or visit www.kenoshatheater.com.

Excellence in Masonry Design
Oconomowoc-based MSI General Corp. recently won the Best of Show Award in the Wisconsin Concrete and Masonry Association’s 2008 Excellence in Masonry Design competition. The award was given for the Sendik’s Food Market project at 5200 W. Rawson Ave. in Franklin. Bert J. Zenker of New Berlin was the architectural designer for MSI General on the project. Waukesha-based Marriott Construction was the masonry contractor and Waukesha-based County Materials supplied the concrete brick.

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