V. Marchese Adding 50 to 100 Jobs
City committee's land sale approval facilitates company's expansion in Walker's Point.
Fruit and vegetable wholesaler V. Marchese Inc. is planning to expand its Walker’s Point facility. The company expects to grow its workforce from 276 to 325-to-375 employees.
Company Chief Financial Officer Josh Weber appeared before the Common Council’s Zoning, Neighborhoods & Development Committee to finalize the acquisition of a 107,600-square-foot parcel at 317 E. National Ave. from the city to help facilitate the expansion. “We’ve been growing. We’re about to get a lot bigger,” Weber told the committee.
Marchese will use the parcel, located across E. National Ave. from their warehouse, for parking and storage. Locating employee parking and storage on the site will allow the company to expand their 80,000-square-foot warehouse at 600 S. Jake Marchese Way between E. Florida St. and E. National Ave. just west of S. Water St.
The city is selling the triangular parcel for $1.00 to the company because of the limited development potential for the site. “Over the years there has been a full-court press to get that property developed,” said area alderman Jose G. Perez. The alderman supports the deal and said the city has struggled for years to find a buyer because of a height difference between the site and E. National Ave.
Ald. Nik Kovac questioned the company on the need for such a large parking lot. “The reason I’m asking, and I’m happy you’re expanding, you’ve been in the city almost a century, I just want to prevent over parking.” Weber clarified that the company will be eliminating 60 to 75 stalls from their existing 150-stall parking lot to accommodate the expanding building and adding an additional 150 spots in the new lot.
The company was founded in 1934 in a space on N. Broadway in the Historic Third Ward in an era when Commission Row was a row of wholesalers and not fashion boutiques.
The city, through the Redevelopment Authority of the City of Milwaukee, acquired the parcel in 1994 as part of the Florida Yards redevelopment that brought V. Marchese and Usingers to the area.
The proposal was unanimously endorsed and will next go before the full Common Council.
Site Images
If you think stories like this are important, become a member of Urban Milwaukee and help support real independent journalism. Plus you get some cool added benefits, all detailed here.
Eyes on Milwaukee
-
Church, Cupid Partner On Affordable Housing
Dec 4th, 2023 by Jeramey Jannene -
Downtown Building Sells For Nearly Twice Its Assessed Value
Nov 12th, 2023 by Jeramey Jannene -
Immigration Office Moving To 310W Building
Oct 25th, 2023 by Jeramey Jannene