The Mission

Create a master plan and initiate development of an environmentally sensitive office park for use by the employees of Strong Capital Management, a privately held financial services firm. The 220-acre parcel adjoined the company’s headquarters, which was surrounded by views of the beautiful Menomonee River Nature Reserve.

The Solution

During the initial planning phases of the park, we served in a development management role focusing on the site master plan, developing road infrastructure, storm drainage, ponds, landscaping and negotiating tax and economic incentives with the county. The development team ultimately created a strategic master-plan that encompassed 11 parcels, and unlike high-technology business parks, concentrated on a low-rise density plan for corporate use.

Working with the village of Menomonee Falls, the team had the site designated as a TIF district. This enabled the development entity to use incremental property taxes to fund infrastructure improvements and reduce Strong’s capital commitment.

The Details

Assuming the role of turnkey developer, we formed a joint venture with Strong Capital Management and took full responsibility for developing the first building in the park—a 100,000 SF Class “A” office building, which we leased back for a 20-year term.