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For Immediate Release: April 12, 2024
Contact: Madison Goldbeck, [email protected], (414) 708-3820

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Century City Business Park sees new investment interest

MILWAUKEE – The Redevelopment Authority of the City of Milwaukee (RACM) will hear two items at their monthly meeting on Thursday, April 18 for exclusive rights to negotiate with two entities at the Century City Business Park. 

“The Century City Business Park offers a tremendous opportunity for business development and job growth,” Mayor Cavalier Johnson said. “I look forward to working with both of these entities as they invest in Milwaukee and train our future workforce.” 

Craft Beverage Warehouse, LLC | 3055 West Hopkins Street

Craft Beverage Warehouse, LLC (CBW) is a supplier of beverage packaging materials and direct-to-can digital print. They are currently a tenant in the Century City 1 building at 3945 N. 31st Street and they are planning to develop a new building immediately south of their current location within the Century City Business Park. They would maintain their presence while growing their footprint in a new 50,000-square-foot building. 

The company was co-founded by Michael DeGrave and Kyle Stephens in 2020 and has invested more than $8 million in digital can printing equipment since 2022. They have seen substantial growth in their market share. 

“As our business grows, it only makes sense to expand our footprint very near our current facility,” Stephens said. “It makes community sense because Milwaukee is where we live, work, and play. The CBW team looks forward to growing our business here and accelerating momentum in the 30th Street Industrial Corridor.” 

Northwest Side Community Development Corporation (NWSCDC) | 3427 North 27th Street 

NWSCDC is a private, 501(c)(3) nonprofit CDC with a 40-year history in revitalization through economic and business development activities in Milwaukee’s neighborhoods. NWSCDC was shortlisted in the U.S. Economic Development Administration’s Recompete Pilot Program and is now eligible for up to $50 million in federal funding. If awarded, a portion of that funding would be invested at the Century City Business Park to develop a 50,000-square-foot advanced manufacturing job training center to provide space for training providers and programs, as well as for early-stage companies and product testing. 

In addition to being an attractive amenity to companies looking at the Century City Business Park, this facility would be located along Milwaukee County Transit System’s planned Connect 2 - 27th Street Bus Rapid Transit extension. 

“NWSCDC is uniquely capable of executing a sophisticated development strategy that centers on job training for the green economy and racial equity in Milwaukee,” Willie Smith, Executive Director of NWSCDC, said. “This center would be a catalyst for new investment and creates a facility that supports entrepreneurs of color.”

The Century City Business Park is located in Milwaukee’s 30th Street Industrial Corridor.

Commissioner Lafayette L. Crump 

Lafayette L. Crump, Commissioner 


 809 North Broadway, Milwaukee, WI 53202 




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