Milwaukee Tool will start a move-in Feb. 28 for its first group of over 400 employees at the company’s new offices in downtown Milwaukee.
The process will run until March 14 as employees take their places on the third and fourth floors of the building at 501 W. Michigan St. that's undergoing a massive remodeling, said company spokeswoman Heather McGee.
Most of the employees are relocating from Milwaukee Tool’s headquarters offices in Brookfield, McGee said. They have been working in a hybrid arrangement spending time in both the company office and in remote settings, she said.
“Some of them have been working remote off and on,” McGee said. “Frankly we’re out of room.”
The company remains on schedule with a September 2021 announcement that it planned the move-in of the first employees in February after an initial delay from fall 2021.
Fast-growing Milwaukee Tool bought the property in May 2021 for $7.9 million from a limited liability company incorporated by Scott Lurie’s F Street Development in Milwaukee. Crews began interior demolition in summer 2021 and the project is scheduled to be complete by this fall, McGee said.
Milwaukee Tool is eligible for up to $12.1 million in initial city of Milwaukee subsidies if it hits a hiring goal of 1,200 at the former Assurant Health insurance offices built in 1978.
McGee said the company plans to employ more than 1,200 at the downtown offices within three years.
Window glass has been installed on the north side of the building facing Michigan Street. Yet to appear is a planned red panel that will climb the entire five-stories of the building with a “Milwaukee” brand logo near the top.Milwaukee Tool retained Mortenson Construction as the general contractor and Stephen Perry Smith Architects of Milwaukee as the architect.
Milwaukee Tool could spend $30 million upgrading the Michigan Street building and after that could add three floors to the top of the building for even more workers.
The first group of employees occupying the downtown offices will be from the brand marketing and channel marketing departments and the entire hand-tool office team, including engineers, McGee said.
Milwaukee Tool executives continue to develop a timeline for future employee move-ins to downtown, McGee said.
“It’s going to be in a state of construction for a while,” she said.