Glendale, Wisconsin, Rail Yard Transformed into Industrial Complex
08/22/2018
According to state officials, the City of Glendale is receiving a $435,000 state grant to help redevelop the former rail site. The Idle Sites Redevelopment Grant from the Wisconsin Economic Development Corporation will support the Glendale Yard Master Development Plan, a two-phase real estate strategy that will construct multiple industrial and flex-space buildings totaling over 375,000 square feet along the I-43 corridor.
The grant will be used for phase one of the project which will include the construction of a 60,000-square-foot flex-space building as well as a public street. City officials say the construction of a road will be a critical element in unlocking the development value of the parcel. Construction is expected to be completed late next year.
“This project will see the construction of new industrial and office spaces which will play a key role in jump-starting redevelopment efforts in Glendale,” said Mark R. Hogan, Secretary & CEO of WEDC, the state’s lead economic development organization. “The project’s significant economic impact will positively affect the Glendale community and WEDC is pleased to be able to provide support for this initiative.”
WEDC’s Idle Sites Redevelopment Grant Program, created in 2013, stimulates investment and job creation at idle, abandoned and underutilized manufacturing sites that are unlikely to be redeveloped solely by the private sector due to their scale and complexity.
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