The City of Oak Creek fully supported Capstone’s development plans for the proposed Ryan Business Park (RBP). Originally intended as an 85+ acre business park for multiple warehouse and industrial buildings, RBP’s development plan changed when Hillwood Development Co. LLC began negotiating in earnest to buy 75 acres for a large user. On November 20, […]
It was about 15 years ago that Capstone’s Mike Faber first began thinking about what has become the Ryan Business Park. The story of Amazon caught business headlines around Milwaukee and Wisconsin in the fall of 2018. The background story of Mike’s diligence and perseverance to assemble the land came to light in a Business Journal article […]
Site work is finishing in Brooklyn Park, MN, where Capstone’s two new warehouse/distribution buildings are attracting the attention of users and brokers. The exterior painting is complete, adding character to the buildings. Interior work is proceeding, and we expect work on both buildings to wrap up in September.
Milwaukee is beginning to talk about the Ryan Business Park, Capstone’s latest development project with our partner General Capital Group. The 85 acre business park is located on Ryan Road immediately east of I-94, making it a very accessible location; a trait valued in today’s real estate market. Much of the land for Ryan Business […]
Site work is under way as warm weather replaces the cold winter temperatures and snow in Brooklyn Park. The Capstone Business Center East and West buildings are fully enclosed. Work continues inside, even as outside activities are undertaken. The following are photos from the site camera taken one day apart:
The Milwaukee County Board approved a land swap, 4 years in the making, that Capstone arranged in a 3 way negotiation with the City of Oak Creek and the County including Supervisor for the District Steve Taylor. The swap is an exchange of 27 acres of agricultural land, for which Capstone and its partner General […]
Work continues on the East and West Buildings at the Capstone Business Center, and at a faster pace now the weather is warming. The aerial photo, looking north across 93rd Avenue, shows that much progress has been made. McShane Construction, the general contractor on the project, is working toward an early summer completion.
Construction on the Capstone Business Center East and West buildings continues as the new year begins. Precast panels that form the building’s perimeter are placed, and work to install steel structural components continues. The following is a photo from the site camera:
Capstone and Joint Venture partner General Capital Group took the first steps toward creating a TIF district to develop Ryan Business Park, a Class A business park at 13th Street and Ryan Road, with a presentation to the Oak Creek common council on October 17, 2017. The business park, which is situated just east of I-94 […]