Business & Tech

Walls Rise At Froedtert and Wisconsin Athletic Club Site

Evidence of reemergence at the former Stolper Steel site is rising from the ground as the first walls have been erected at the massive Froedtert Health and Wisconsin Athletic Club project.

For the first time in quite a while, commuters along Highway 41/45 in Menomonee Falls can see something happening on the side of the highway. Over a year ago, the former Stolper Steel building was razed, and now a new building is being raised on the gateway to the village. 

In February leaders from the Wisconsin Athletic Club, Froedtert Health, Ryan Companies and Menomonee Falls broke ground on a 91,000-square-foot, $14 million sports rehabilitation facility and athletic club. It didn't take long before early signs of progress emerged. 

The village will invest roughly $30 million throughout the life of the taxing district to spur development, and the village will reimburse its upfront costs over 27 years with incremental tax values generated from new construction. The entire taxing district is expected to add some $80 to $120 million in tax value once all development is completed in the district.

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The village invested $4.7 million into the district to raze factory and for environmental remediation of the soil, which was contaminated with a metal degreasing solvent used on the site years ago. The village purchased the land for $600,000 last year. The remediation project was completed in fall, and the village expects to begin its first phase of extending Richfield Way in spring.

Patch will continue provide picture updates as construction progresses. However, do you think this going to be a successful project for Falls? What does Menomonee Falls need? 

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