Original titled "Keeping tabs on Foxconn Place innovation center in Madison".
Photo by Retiring Guy
Foxconn announced the purchase of the building in April 2019. Since then, no building permits, no Foxconn employees. Nothing but empty promises. (BMO Harris Bank occupies the 1st floor.)
Here's the latest lack of development:
Foxconned!
But there has been no sign that the Capitol Square facility, billed in 2019 as “Foxconn Place Madison,” is on track to become a company hub. There was no labeling in the building lobby that indicated a Foxconn presence. A lobby directory showed BMO divisions on floors one through four and seven, but nothing was listed for floors five and six, which are for lease. [emphasis added]
4/13/2020 update starts here
Photo by Retiring Guy
(emphasis added throughout)
Foxconn's buildings in Wisconsin are still empty, one year later. (The Verge, 4/13/2020)
“I can assure you it will not be empty and they’re not empty right now,” he added.
“They’re not empty right now” was a curious way to describe buildings that looked like this in April 2019:
Yeung made those comments on April 12th, 2019. It is now April 12th, 2020, making it exactly one year since Foxconn promised a statement or correction regarding The Verge’s report of empty buildings in Wisconsin. That statement or correction has never arrived.
And the buildings are still empty.
The links
Little movement in Foxconn innovation centers in Madison, across Wisconsin. (Wisconsin State Journal, 10/24/2019)
Foxconn paid $9.5 million for Capitol Square office building. (Wisconsin State Journal, 6/21/2019)
Foxconn is poised to buy another building, this one in downtown Madison. (Milwaukee Journal Sentinel, 4/11/2019)
While Foxconn continues to acquire property, there has been little evidence of significant activity so far at the buildings it says will become innovation centers. In Green Bay, where Foxconn paid $9.25 million in November for a downtown building eyed as the site of one of the innovation centers, no city permits for remodeling have been sought yet, a development department official said Thursday.
Foxconn eyeing office buildingnear state Capitol. (Milwaukee Business News, 3/5/2018)
Foxconn looking at office space onCapitol Square. (Wisconsin State Journal, 3/6/2019)
Foxconn may be thinking aboutbuying a building on the Capitol Square in Madison. (Milwaukee Journal Sentinel, 3/6/2019)
Foxconn Google alert
Foxconn wants to buy more Wisconsin real estate, executive says. (Milwaukee Journal Sentinel, 3/27/2018)
The land a Foxconn-related company bought in Kenosha County in late December may be just the first of multiple acquisitions Foxconn Technology Group makes outside the site of its planned manufacturing campus.
In an interview last weekend, Louis Woo, special assistant to Foxconn Chairman and CEO Terry Gou, signaled that the electronics manufacturer wants to buy property beyond the site of its planned, $10 billion production campus on nearly 1,200 acres in Racine County.
Foxconn announced last month that it will buy a seven-story office building in downtown Milwaukee for use as a regional headquarters, innovation center and product showcase.
And we know how quickly that downtown Milwaukee "innovation center and product showcase" has been moving forward!
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