Highway prep work for I-94 is rolling right along to support what will become the Foxconn campus in Racine County. Businesses that utilize County Highway KR, State Highway 11 and County Highway K are about to be affected in the areas in and around the northbound exit and entrance ramps to Interstate 94 West (or northbound). A […]
Tag: Foxconn Technology Group
Posted inDevelopment, Local news
Foxconn to alter local manufacturing plans? Report says yes
A published report Wednesday sent ripples in every direction when Nikkei Asian Times reported that Foxconn Technology Group will shift its production of displays at the planned Racine County complex to small to midsized units. This would be a move away from its publicized original intent to create large-scale displays. The publication suggested that supply chain […]
Posted inDevelopment, Local news
Buildings have to come down before Foxconn facilities can be put up
Click here to check out all of our coverage about Foxconn and Wisconn Valley. Before the massive buildings that will house factories and other operations on the Foxconn Technology Group campus can be built, some structures will have to come down. The Village of Mount Pleasant will start seeking bids next week for the first […]
Posted inDevelopment, Local news, Real Estate
Property Transfers: Apartment buildings, Southport Heating and Plumbing sell
Racine County Property Transfers: April 30 through May 4 Over $27 million in properties changed hands between April 30 through May 4, according to the Racine County Clerk of Deeds Office. Here are the highlights: Caledonia-based RBP3 LLC sold an industrial building at 1342 S. 27th St., to Boston, MA-based Stag Industrial Holdings LLC for […]
Posted inCommunity, Construction
Interstate 94 construction work in Racine County begins
The good news is that, if you want an up-to-the-minute construction update on the Interstate 94 North-South Freeway project, you can by clicking on the Wisconsin DOT project page. The bad news is that you should probably add it to your favorites because you are going to need it for some years. You can’t really […]
Posted inBusiness, Local news
Foxconn unveils statewide Smart City, Smart Future partnership
Wisconsin universities, technical colleges, and independent secondary education institutions will join with Foxconn Technology Group in a statewide effort to share and encourage technologies that develop smart, connected cities. Alan Yeung, U.S. Strategic Initiatives Director for Foxconn, announced the initiative Thursday that will, in part, be a competition. It will encourage discussion, research, and recommendations […]
Posted inDevelopment, Local news
UPDATE: Homeowners ready for Foxconn lawsuit, say fair offer would sway them
UPDATE: Despite a number of neighbors opposing the move, the Mount Pleasant Community Development Authority voted 6 to 1 in favor of designating several properties as blighted, according to a story by the Journal Times. The Mount Pleasant Village Board is expected to take up the matter at its next meeting. ORIGINAL STORY: The Foxconn […]
Posted inDevelopment, Local news
Mount Pleasant hands over 787 acres to Foxconn for $37 million
The Village of Mount Pleasant deeded over 787 acres last week to FEWI Development Corp., the developer for the Foxconn Technology Group project, for about $37 million. Despite a federal lawsuit being filed against the village by a number of neighbors that haven’t sold, the village is expected to oversee the bid process for the demolition and […]
Posted inDevelopment, Local news, Real Estate
Property Transfers: De’Pizza Chef sold, Farm Family Restaurant transfer to son
Over 90 properties changed hands between April 16 through April 20, according to the Racine County Clerk of Deeds. Property transfers The Village of Mount Pleasant purchased a number of properties for the Foxconn Technology Group development, which includes a 10 million-square-foot manufacturing campus. Read more about the Foxconn project. Howard P.Luxner sold 5138 East […]
Posted inDevelopment, Local news, Real Estate
Property transfers: Whey Chai building, Foxconn properties sell
Almost $11 million in property changed hands between March 19 and March 23, according to the Racine County Clerk of Deeds Office. Here are the highlights: Michael and Rui Zhu Mei, of Chicago, sold the Whey Chai building at 400 Main St. to Fu Gang Wang, of Racine, for $100,000. Mount Pleasant-based Open Arms 20 […]
Posted inBreaking
Property Transfers: Buying frienzy continues on Foxconn projects
Spring is around the corner and the real estate market is ramping up as about 90 properties changed hands between Feb. 26 through March 2 totaling about $14 million. Here are the highlights: The Community Development Authority of the Village of Sturtevant sold 3.9 acres of commercial property at 9999 E. Exploration Court for $200,000 […]
Posted inDevelopment, Local news
State launches site about Foxconn project
The state has launched a website that offers information about Foxconn Technology Group as they begin constructing the state’s largest manufacturing facility. Governor Scott Walker highlighted the site wisconnvalley.wi.gov and announced that a resource fair for construction workers is set for March 29 at Festival Hall, 5 5th St. The Wisconsin Economic Development Corporation, a […]
Posted inDevelopment, Local news
Mount Pleasant neighbors sue over eminent domain
Seven Mount Pleasant property owners have sued the village in federal court over how it is handling property acquisitions for Foxconn Technology Group. The landowners who filed the lawsuit own property located within the footprint where Foxconn wants to build an LCD manufacturing facility. Expected to generate 10,000 construction jobs and 3,000 permanent positions, the […]
Posted inOpinion
OpEd: 2018 will mean big changes for Racine County
The next year will undoubtedly mean change for Racine County and it is already happening with Foxconn, an electronics manufacturer that will be building one of the largest manufacturing campuses in the country. I often get asked what I think about Foxconn and the person asking usually follows up with: Do you think it’s really […]
Posted inReal Estate
Mount Pleasant begins buying property for Foxconn
Almost $12 million in property changed hands between Dec. 11 through Dec. 15, according to the Racine County Register of Deeds. Here are the highlights: The Village of Mount Pleasant purchased the first two properties for the Foxconn project, an electronics manufacturer that wants to build a 20 million-square-foot manufacturing facility. We’ll be adding to this […]