The Milwaukee Water Council today announced that Stormwater Solutions Engineering, LLC will become an initial tenant on the Fourth Floor of the Water Research & Business Accelerator Center at 223 W. Pittsburgh.
Stormwater Solutions Engineering, LLC is a civil engineering design firm founded in 2002, specializing in drainage design, comprehensive storm water management planning, flood control, hydraulic analysis, conveyance design and integrated site design.
“As we celebrate our Tenth Anniversary, we have been very fortunate to have been able to steadily grow our business across Wisconsin,” stated Carrie Bristoll-Groll, Principal Civil Engineer for Stormwater Solutions Engineering. “Looking ahead we believe that by relocating our office into the Water Council’s building we will be able to expand our market further, benefit from a very unique ecosystem of innovation and have direct access to some of the young talent entering the water industry.”
As leaders in the field of storm water engineering, Stormwater Solutions’ uses innovative techniques in meeting and exceeding the state and local storm water regulations. Using cost-effective approaches, the company designs low-maintenance systems that meet client needs and protect streams.
Expected to open in early 2013, the Water Research & Business Accelerator Center will house water-related research activities for universities, existing water-related companies, the Water Council, and companies promoting business development and accelerator space for new, emerging water-related companies.
“We will see a great benefit to adding Stormwater Solutions Engineering into our building as they bring a unique expertise at solving water management issues,” stated Dean Amhaus, President & CEO of The Water Council. “I am confident that their presence will add to the dynamics within the building and I hope that we will help them by raising their visibility.”
The 106-year old structure, a 98,000 square foot former warehouse, is adjacent to the Reed Street Yards, which the City of Milwaukee has designated as a water technology research park. The building’s redevelopment is considered a catalytic project for the Reed Street Yards Tax Incremental District, setting the stage for the City of Milwaukee to move forward with the infrastructure improvements to establish the water technology research park—and the Milwaukee region—as a global showcase for water management.
The new water research and business accelerator building is believed to be the first of its kind in the United States and one of only a handful in the world. Other initial tenants include A. O. Smith Corp., Badger Meter, Milwaukee Water Council and University of Wisconsin-Milwaukee (UWM). The building is being developed by HKS Holdings, LLC and is owned by private investors. . The project is being supported by the Richard and Ethel Herzfeld Foundation and through a $750,000 investment by the Wisconsin Economic Development Corporation (WEDC). It will also be partially financed through a combination of EB-5 financing through First Pathway Partners, New Market Tax Credits, and Historic Tax Credits.