JANESVILLE, WI-Ryan Cos. has been hired by Deere & Co. to build its new distribution facility here. The $17.5-million fast-track, design-build project includes a 500,000-sf storage/distribution structure and an adjacent 500,000-sf outdoor storage area.

The facility will occupy a 50-acre parcel of the Janesville Industrial Park located 1.5 miles west of Highway 90 on Highway 351. Completion is expected in June.

Ryan Cos. will coordinate the development and construction of the one-story structure, the surrounding 500,000-sf outdoor storage area and the related storm water management system. Firms partnering with Ryan on this project include OPN Architects of Cedar Rapids, IA; Spaceco, Inc. of Rosemont, IL; and KJWW Engineering of Moline, IL.

The Janesville site will allow relocation of the contracted distribution services currently based in Streator, IL. A third-party provider, which will be named early in 2002, has been contracted for distribution of lawn and garden products and will operate the facility.

“Relocating to Janesville will allow cost-efficient distribution of our products and provide a facility, which is better aligned with long-term asset management goals,” says Jeff Hoffmann, manager of consolidation and distribution at Deere & Co.

Hoffman says his company chose Ryan’s fast-track, design-build approach because because “they are capable of quality performance on a tight schedule while remaining within budget.”

Working with Deere during the past five years, Ryan Cos. has developed the 326,000-sf, $40-million John Deere Commons project in Moline, IL, and the 240,000-sf, $30-million John Deere Credit facility in Des Moines, IA.

Jeff Smith, chairman of Ryan’s Midwest division, says Janesville was picked because of the quality of the location and the industrial park and the city’s “proactive and business-friendly approach.”

The city council paved the way for projects like this when they bought 135 acres of industrial land in TIF No. 22 for the South Janesville Industrial Park, says Steve Scheiffer, Janesville’s city manager.

The new distribution facility at the South Janesville Industrial Park will create 50 new jobs, diversify the local economy and increase the municipal tax base without significantly increasing demand for city services, Scheiffer adds.

Incentives for the Deere project will likely include $2.8 million in tax increment financing to purchase the improved site and provide utilities and roads tothe facility. The guaranteed property taxes on the new facility will allow the city to fully recover its investment in the project within 10 years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.