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Spurred by Foxconn and other area development, an electrical equipment supplier will build a 134,000-square-foot distribution center in Sturtevant.
August 12, 2018
The USA TODAY NETWORK
Foxconn Technology Group’s planned construction of a $10 billion manufacturing complex in Mount Pleasant is sparking further development in the area. The latest: Crescent Electric Supply Co., one of the country’s 10 largest distributors of electrical hardware, plans to build a 134,000-square-foot warehouse and distribution center in Sturtevant.(Photo: Dreamstime/TNS, TNS)
Spurred by the Foxconn project and other planned development in the region, an electrical equipment supplier plans to build a 134,000-square-foot warehouse and distribution center in Sturtevant.
Crescent Electric Supply Co. hopes to start building the warehouse this fall in the Renaissance Business Park. The firm bought an 11-acre site there in April for $575,000.
Crescent will add 10 employees to run the new facility, which it expects to substantially finish next spring.
“Obviously that (employment number) will grow depending on how fast the business model grows,” said Mark Rizzetto, vice president of strategy, economic development and realty for Crescent.
Foxconn Technology Group is building a large manufacturing complex in Mount Pleasant.
Crescent initially will use 46,000 square feet of the Sturtevant warehouse and lease the rest. Rizzetto said the company already has one “very serious prospect,” and he expressed confidence that all of the space will be taken by the time the building opens.
Sturtevant’s Planning Commission gave the project conceptual approval this past week.
Crescent, with 2,000 employees, describes itself as one of the country’s largest independent distributors of electrical hardware and supplies. The company operates 165 distribution centers in 28 states, supplying gear to customers such as manufacturers and building contractors, Rizzetto said.
Rizzetto, who oversees development for Crescent nationwide, said the amount of development activity now occurring in southeastern Wisconsin is exceptional.
“The growth is just exponential. … There is a lot going on,” he said.
Among developments are the plans of Advocate Aurora Health to build a $250 million hospital and medical office building in Mount Pleasant, and those of rival healthcare provider Ascension Wisconsin for a $42 million medical center in Mount Pleasant. Other projects, including at least two new hotels, have been announced in the area as well.
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