St Francis, Wisconsin Commercial Real Estate 0 Listings

St Francis, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

St Francis, Wisconsin, positioned on the scenic shores of Lake Michigan, offers a burgeoning landscape for commercial real estate (CRE) investments. With a population of approximately 10,000 residents, this Milwaukee County city is uniquely positioned as a hub for diverse industries, including manufacturing, healthcare, and logistics. Its proximity to Milwaukee provides strategic advantages for businesses seeking robust infrastructure and access to a skilled workforce. St Francis's commitment to economic growth makes it a compelling choice for CRE professionals.

Economic and Industry Overview

St Francis's economy is driven by a mix of manufacturing, healthcare, and logistics industries. The presence of key manufacturing firms supports demand for industrial and flex spaces, while healthcare facilities contribute to the need for specialized medical office buildings. The city's strategic location near Milwaukee enhances its appeal as a logistical hub, fostering demand for both warehouse and distribution centers.

The Milwaukee 7 Economic Development Partnership actively promotes regional growth, offering resources and initiatives to support business expansion and CRE development.

Strategic Location and Transportation Infrastructure

St Francis benefits from a well-developed transportation network:

Highways: Access to Interstate 794 and close proximity to Interstate 94 facilitate efficient regional and interstate connectivity.
Airports: The city is near General Mitchell International Airport, offering domestic and international flights.
Rail: Freight rail services enhance the city's logistical capabilities, making it an attractive site for distribution centers.

These transportation assets provide logistical advantages, enabling seamless access to labor pools and major markets. Further details can be explored via the Wisconsin Department of Transportation.

Commercial Real Estate Inventory & Zoning

St Francis features several key CRE submarkets:

Central Business District (CBD): Offers a mix of office and retail spaces.
Industrial Corridors: Suitable for manufacturing and logistics functions.
Innovation Districts: Emerging areas focused on technology and mixed-use developments.

The city offers incentives for developers, including Tax Increment Financing (TIF) and Opportunity Zones. The City of St Francis Zoning Maps provide comprehensive zoning details.

Major Employers and Institutions

St Francis hosts several major employers and institutions that drive CRE demand:

Saint Francis Hospital: A key healthcare provider in the region.
Local Manufacturing Firms: Strengthen the industrial property sector.
Proximity to Milwaukee: Offers access to additional employment hubs and educational institutions.

For a full list of local businesses and institutions, visit the Milwaukee Business Journal directory.

Notable Commercial Developments & Projects

St Francis is witnessing significant commercial developments:

Mixed-Use Projects: Integration of residential, retail, and office spaces to create vibrant community hubs.
Public-Private Partnerships: Collaborations fostering economic development.
Opportunity Zones: Areas designated to spur investment through tax incentives.

Information on these projects can be found at the St Francis Planning Department.

Building Permits, Planning, and Development Tools

Key resources for CRE development in St Francis include:

These tools facilitate efficient planning and development processes for CRE professionals.

Market Data & Economic Reports

Access to robust market data is crucial for informed decisions. Public data sets such as those from census.gov and St Francis's open data portal provide valuable insights.