City of Milwaukee gets $1 million grant from WEDC to help pay for Reed Street Yards project

MILWAUKEE -- Milwaukee is taking another step to lead the world in water technology and development.

On Tuesday, July 14th, the city of Milwaukee received a $1 million grant from the Wisconsin Economic Development Corporation to help with the costs associated with the Reed Street Yards project.

The Reed Street Yards is an evolving eco-industrial zone, balancing natural resources and economic development.

Key features include a system of urban bio- swales and rain gardens, a “purple pipe” for grey water recapture, demonstration and educational projects integrated with the Menomonee River, historic brownfield reclamation, and high expectations for green building achievement.

The Rexnord Corporation will also be getting $2 million to relocate Zurn Industries to the site in the Menomonee Valley.

Zurn Engineered Water Solutions is planning to move its corporate headquarters from Pennsylvania to Milwaukee's Reed Street Yards Water Technology Park.

Zurn will be bringing 120 jobs to the area -- and relocating to a three-story building at 425 Freshwater Way. It manufactures drainage devices, hydrants, commercial fixtures, faucets and much more.

"We are inventing new ways to supply and feed the world and part of that mission will take place right across the street," Lt. Gov. Rebecca Kleefisch said.

Once completed, the Reed Street Yards will be the hub of Milwaukee's international water technology cluster.

CLICK HERE for more on this story via the Milwaukee Business Journal.