The Common Council and Plan Commission are set to hold a joint
meeting Monday to consider several items related to a proposed
$6 million tax incremental financing district to help fund an
expansion at Milwaukee Tool. The agenda includes a staff report
on a rezoning request related to the project and a presentation
by the city’s consultant related to the tax incremental
Tool, 13135 W. Lisbon Road, wants to expand its headquarters in
Brookfield by constructing a 200,000-square-foot addition and
adding approximately 500 employees during the next few years. As
part of the plans, Milwaukee Tool would purchase the
three-and-a-half acre parcel of land north of its current
facility on Lisbon Road.
Community Development Authority recommended approval of the plan
in November and the Plan Commission voted Dec. 7 to set public
hearings on the matter. The project’s total cost is estimated at
$33 million by the company.
Milwaukee Tool had $1.3 billion in sales growth for a total of
$2 billion expected in 2015. Also in 2009, Milwaukee Tool
employed 227 workers and now has about 640. In the next three
years, Milwaukee Tool is anticipating $1.4 billion in sales
growth, company officials have told the city.
also said they looked at other location options, including at
the former Ruby Farm, but want to stay near Lisbon Road.
Tool hopes to buy the land this year and begin pre-development
work, ultimately taking occupancy in spring 2017.
report on the project generally speaks favorably about the
proposal and the specific recommendations are to set public
hearings for the changes to move forward. The report notes that
in addition to creating new jobs, the project would generate
$8.4 million in new taxes.
be a major step in achieving the city’s redevelopment and
reinvestment goals in the area,” the report says.
on the agenda include building additions and alterations at
Elmbrook Memorial Hospital and the establishment of “no thru
trucking” on North 133rd Street between Lisbon Road and Capitol
is set for 7:45 p.m. Tuesday in the Council Chambers at City
Hall, 2000 N. Calhoun Road.
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