PEOPLE BUILDING PLACES

Thriving communities fuel creativity and ambition. In Wisconsin, we invest in our communities to help both people and businesses grow, develop and contribute to our state’s economic vitality. From our industrial city centers to the tree-lined streets of our town squares, WEDC’s comprehensive community development programs and funding initiatives empower local officials to develop sustainable economic development strategies that increase prosperity while redevelopment programs provide financial assistance for activities that revitalize commercial districts. By providing community and business leaders access to this knowledge and support, we’ve helped them create stronger community cornerstones and build vibrant economic epicenters throughout Wisconsin.

WEDC PROGRAMS

BROWNFIELDS GRANT PROGRAM

Grants to local governments, businesses, nonprofits and individuals for developing commercial and industrial sites that have been adversely affected by environmental contamination.

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BROWNFIELDS SITE ASSESSMENT PROGRAM

Grant funds for approved projects to assist local governments with conducting initial environmental assessment and demolition activities on an eligible abandoned, idle or underutilized industrial or commercial site.

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CAPACITY BUILDING GRANTS

Grants to assist local and regional economic development groups to create an advanced economic development network within the state.

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COMMUNITY DEVELOPMENT INVESTMENT GRANT PROGRAM

Financial support for shovel-ready projects, with emphasis on downtown community efforts that deliver measurable benefits in job opportunities, property values, and/or leveraged investment by local and private partners.

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CONNECT COMMUNITIES

Resources, technical assistance and networking to support communities’ efforts to revitalize downtown districts.

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HISTORIC PRESERVATION TAX CREDIT

State income tax credit for 20 percent of the qualified rehabilitation expenditures for eligible buildings.

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IDLE SITES REDEVELOPMENT PROGRAM

Program for Wisconsin communities to support redevelopment plans for large sites that have been idle, abandoned or underutilized for at least five years.

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MINORITY BUSINESS DEVELOPMENT PROGRAM

Includes revolving loan funds offered through minority business associations and an annual conference that is the state’s premier event for minority-, women- and veteran-owned businesses.

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WISCONSIN MAIN STREET PROGRAM

Program recognizes a commitment to preserving and revitalizing historic downtowns, and supporting these efforts with technical support, training and networking opportunities.

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WEDC SUCCESS STORIES

Royster-Clark, Madison

WEDC provided $534,000 toward the redevelopment of the 27-acre Royster-Clark site. The site was developed by Ruedebusch Development in partnership with Stonehouse Development, with new development including apartments aimed at low-income and disabled residents, commercial development and the construction of a library. Veridian Homes is also looking at developing 57 lots of single-family housing as a second phase of the project. Read More

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Pump House Regional Arts Center, La Crosse

WEDC contributed $30,000 toward the $120,000 final phase of the regional arts center project. This project incorporated a variety of elements central to the arts district project, including a central parking lot and historic mural. The project was part of a National Endowment for the Arts project and was the final public element of the arts district, which included restoration of the Pump House itself and development of the Weber Center for the Public Arts. Since the completion of the district, proposals have come forward for all remaining undeveloped parcels in the district, including $22 million in new investment and 70 new jobs with employers including Pitschke Motors, Hilton Home2 Suites and the Fairfield Inn. Read More

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Central WI Applied Research Park, Pt Edwards

WEDC provided $1 million toward the $9.5 million first phase of the Central Wisconsin Applied Research and Business Park development. DMI Acquisitions LLC is the lead developer for the project, which will redevelop the former mill site. Read More

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Reed Street Yards, Milwaukee

The Redevelopment Authority of the City of Milwaukee received $1 million from WEDC’s Idle Sites Redevelopment Program to assist in the redevelopment of Reed Street Yards, approximately 17 acres of vacant land that was formerly a rail yard and truck terminal. Specifically, the redevelopment authority is seeking to attract a water technology subsidiary of Rexnord Corp. from outside of Wisconsin to build a 65,000-square-foot facility, and General Capital is planning to build two 80,000-square-foot multi-tenant buildings marketed toward companies in the water cluster. The construction of these three buildings will have a catalytic impact on the development of the rest of Reed Street Yards and the growth of the water cluster in the greater Milwaukee region. Funding from the Idle Sites Redevelopment Program will be used to offset environmental remediation costs and site preparation costs associated with these three building sites. Read More

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WEDC provided $534,000 toward the redevelopment of the 27-acre Royster-Clark site. The site was developed by Ruedebusch Development in partnership with Stonehouse Development, with new development including apartments aimed at low-income and disabled residents, commercial development and the construction of a library. Veridian Homes is also looking at developing 57 lots of single-family housing as a second phase of the project. Read More

Read Story

WEDC contributed $30,000 toward the $120,000 final phase of the regional arts center project. This project incorporated a variety of elements central to the arts district project, including a central parking lot and historic mural. The project was part of a National Endowment for the Arts project and was the final public element of the arts district, which included restoration of the Pump House itself and development of the Weber Center for the Public Arts. Since the completion of the district, proposals have come forward for all remaining undeveloped parcels in the district, including $22 million in new investment and 70 new jobs with employers including Pitschke Motors, Hilton Home2 Suites and the Fairfield Inn. Read More

Read Story

WEDC provided $1 million toward the $9.5 million first phase of the Central Wisconsin Applied Research and Business Park development. DMI Acquisitions LLC is the lead developer for the project, which will redevelop the former mill site. Read More

Read Story

The Redevelopment Authority of the City of Milwaukee received $1 million from WEDC’s Idle Sites Redevelopment Program to assist in the redevelopment of Reed Street Yards, approximately 17 acres of vacant land that was formerly a rail yard and truck terminal. Specifically, the redevelopment authority is seeking to attract a water technology subsidiary of Rexnord Corp. from outside of Wisconsin to build a 65,000-square-foot facility, and General Capital is planning to build two 80,000-square-foot multi-tenant buildings marketed toward companies in the water cluster. The construction of these three buildings will have a catalytic impact on the development of the rest of Reed Street Yards and the growth of the water cluster in the greater Milwaukee region. Funding from the Idle Sites Redevelopment Program will be used to offset environmental remediation costs and site preparation costs associated with these three building sites. Read More

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COMMUNITY DEVELOPMENT GRANTS AWARDED
$
MILLION IN TOTAL AWARDS
$
MILLION IN LEVERAGED INVESTMENT GENERATED
$
LEVERAGED FOR EVERY $1 WEDC INVESTED
KEY STRATEGIC PARTNERS FUNDED

Source: WEDC FY17 Annual Report on Economic Development

BUSINESS DEVELOPMENT

Information, tools, programs and partners fuel growth and new market opportunities.

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ENTREPRENEURSHIP

Our passion is supporting yours—through funding solutions, workspaces, mentoring and more.

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COMMUNITY DEVELOPMENT

Revitalizing commercial districts and preserving our state’s history enriches public spaces and helps encourage business activity.

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INDUSTRY DEVELOPMENT

Public-private partnerships investing in “Centers of Excellence” that drive research, startups and business attraction to advance Wisconsin’s competitive advantage.

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INTERNATIONAL BUSINESS DEVELOPMENT

Experts here and abroad that help Wisconsin companies navigate exporting logistics to successfully expand their global reach.

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“This is one of the best new programs (Certified Sites) that the state has started through WEDC. This is a big step for the step to help the Village of Howard move forward with its economic development strategy.”

PAUL EVERETT • VILLAGE ADMINISTRATOR, VILLAGE OF HOWARD

“Because of the funding from WEDC through the CDI Grant, this grocery store and hardware store will help attract and retain homeowners and businesses, bring jobs, and spur further economic development projects that will revitalize this area.”

KELLY KLEIN • COORDINATOR, IRON COUNTY DEVELOPMENT ZONE

“On behalf of the City of La Crosse, we are very excited and honored by the recognition from WEDC for our local Main Street program,” said Mayor Tim Kabat. “Downtown Mainstreet Inc., its members and our community partners have helped to create a downtown that we are all proud of and we look forward to collaborating with WEDC and the state of Wisconsin to raise historic downtown La Crosse to new heights.”

TIM KABAT • MAYOR, CITY OF LACROSSE