Posted inBusiness, Development, Local news

Ashley Capital starts renovation on MP building; constructing 2 more

STURTEVANT and MOUNT PLEASANT – Ashley Capital has started the renovation of Building IV in Enterprise Business Park here. The 438,000-square-foot structure, completed in early 2020, was most recently occupied by Amazon as a last-mile distribution facility. The development firm plans to restore Building IV to its original shell condition and have it ready for […]

Posted inBusiness, Construction, Development, Local news

Ashley Capital Plans April Start For Two Mount Pleasant Buildings

MOUNT PLEASANT – Ashley Capital plans to start construction of two speculative industrial buildings in the Enterprise Business Park here in April. Buildings V and VI will each be 390,000 square feet. Completion is expected by the fourth quarter of this year. The construction site is west of Highway H and north of Highway 11 […]

Posted inBusiness, Government, Real Estate

Grand Appliance, Ashley Capital Projects To Receive TIF Funds

With development deals agreed upon, two significant developments — Ashley Capital and Grand Appliance — are coming to Sturtevant in the near future. For years, Ashley Capital has developed industrial buildings for a business park in Sturtevant. Now the company plans to build a new 438,000 sq-ft building at the west end of Enterprise Business […]

Posted inBusiness, Government, Real Estate

Land Agreement Clears Way for Development

**Updated 7 p.m. Village trustees from Mount Pleasant and Sturtevant approved Monday an agreement that clears the way for significant new development – and new jobs – in both communities. As predicted by Sturtevant Administrator/Clerk Mary Cole, the meeting was quick since the majority of the details were worked out in August. “We just had to hammer out […]

Posted inBusiness, Government

Villages Have 10 Days to Agree or Lose 350 Jobs

Leaders from Mount Pleasant and Sturtevant have 10 days to salvage a land swap deal or risk losing a potential development that could bring 350 manufacturing jobs and $30 to $50 million in personal property investment. While Mount Pleasant trustees Tuesday morning directed Administrator Kurt Wahlen to continue negotiations with Sturtevant officials, trustees in that […]