Oct. 9, 2018 – Germantown, WI – Although construction is already underway on 140 acres in Germantown, a ceremonial groundbreaking was held Tuesday afternoon to acknowledge the new Briggs & Stratton facility and Germantown’s future Gateway Corporate Park.
Stats on development include:
-706,000-square-foot industrial distribution facility for Briggs & Stratton Corporation.
-Gateway Corporate Park will be home to future build-to-suit projects up to 1.4 million square feet.
-To put the project into perspective, the Amazon development in Kenosha is 1 million square feet and the Germantown development is 700,000+ square feet.
-Thirty jobs will be created at the distribution facility.
Christian Tscheschlok, Executive Director of Economic Development Washington County, said the county EDWC got involved in April 2018 and made quick work of helping secure the project.
“This is exciting on so many levels because really what it’s showing is the opportunity in front of us right now as it relates to some of the spillover from the Foxconn effect,” said Tscheschlok.
“You’re seeing the market heat up so substantially in southeast Wisconsin and some of the effect for Washington County will be to leverage the position we have to be able to tap into multiple labor sheds, available space and land that is still cost effective for development and new opportunity and a workforce that’s highly skilled and you put all that together and we represent a significant place for economic development that’s going to come off of some of the challenges they’re already facing already in the Kenosha/Racine area.”
Guest speakers included Chad Navis, Director of Industrial Investments – Zilber Property Group, Dean Wolter, Village Board President in Germantown, John Kersey, Executive Vice President with Zilber Property Group and Bill Harlow, Director of Global Distribution and Warehousing Briggs & Stratton.
-Target completion date for Briggs distribution facility is April 1, 2019.
This live broadcast is brought to you by American Commercial Real Estate.