Software company, 30 employees move from Illinois to Beloit
BELOIT—The movement of Illinois software company and its 30 employees to Beloit could be a precursor to even more growth.
AccuLynx moved into the Ironworks redevelopment owned by Hendricks Commercial Properties. The company has 12,000 square feet with an option for an additional 9,000 square feet.
AccuLynx is a cloud-based business management software for specialty trade contractors. It helps contractors with lead development, customer relationship management, project management, production scheduling, ﬁnancial tracking and business analysis.
The company, previously in Rockton, Ill., said in a news release that its new space is specially designed to be one of the most progressive and innovative office layouts in the country, rivaling other software companies such as Google and Groupon.
The new space can accommodate an additional 70 people to keep pace with anticipated growth over the next three years, the company said.
“AccuLynx chose Beloit—and the Ironworks location in particular—because the vibe is the perfect ﬁt for our fun, funky culture,” said Richard Spanton Jr., the company's president and chief executive officer.
“We can't wait to grow into our new space and be a catalyst for other technology companies to join us in making Beloit their home.”
Mark Membrino, a Hendricks vice president, said the company would boost a growing information technology cluster in Beloit and bring living-wage jobs to the community.
“The new AccuLynx office space is just the next step in HCP's plan to totally redevelop and transform the former Beloit Corp. complex that was once an obsolete, blighted building into a state-of-the-art facility that is the home to vibrant and growing manufacturing, engineering and IT companies,” Membrino said.
Hendricks Commercial Properties manages and owns more than 15 million square feet of real estate properties in 39 states.
As part of the Ironworks redevelopment, Hendricks plans to build a road adjacent to Acculynx space from Third Street to the Rock River. The road will split the 600,000-square-foot building into two spaces, leaving an exposed heavy steel structure above the road with vintage style lighting and new facades that will include glass and murals.
Plans also call for a pedestrian bridge at the end of the road for people to access the other side of the river.