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

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WEDC SUCCESS STORIES

Oshkosh received $375,000 in Idle Sites Redevelopment Program funding for their $1.5 million redevelopment of the former Jen-Weld manufacturing site. The site will include mixed-use development with residential, commercial and office space, including a grocery store, located on a 27-acre riverfront site. Upon completion, the project is expected to represent $60 million in private investment.

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WEDC contributed $1 million toward the $35 million redevelopment of the former Beloit Corp. facility into the Ironworks office/tech park. The project began in 2002, and includes the conversion of multiple plant buildings into high-tech office space as well as site improvements such as creation of a spine road, pedestrian bridge across the river and public art projects.

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WEDC contributed $249,455 toward a $3.2 million project to renovate and preserve the historic Al Ringling Theatre in downtown Baraboo. The project, completed in time for the theater’s 100th birthday, restored many of the building’s original fixtures, while also adding modern conveniences like updated restrooms and a bar. The theater regularly draws visitors from Madison and Milwaukee, and is responsible for driving foot traffic in the downtown area to support additional businesses. Other funding partners included the City of Baraboo, Jeffris Family Foundation and private contributions. The theater is in the process of expanding its staff by five to accommodate increased volume of activities and tours as a result of the project

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The Broadway District sits on the west bank of the Fox River in Green Bay. As a riverfront location, the area has long been a center of commerce, whether for the fur trade, lumber, paper or, today, as a hive for small businesses and entrepreneurs. However, this transition was not without difficulty, as the 1980s saw the district become a high-crime area defined by disrepair and vacancy. In 1995, a group of persistent local merchants, neighbors and community leaders launched a Main Street organization to reclaim the street. Some early triumphs included a new streetscape, a partnership with local police, and creation of a supportive small business and live-work environment. As of 2009, the district had already achieved success, with the renovation of 91 properties and development of four new infill projects. Progress has continued since that time, with the addition of new residential opportunities and further reduction in storefront vacancies. The most notable change is the conversion of a former train depot and later an adjacent vegetable processing facility into the Titletown Brewery, restaurant, tap room and event center. Over its entire tenure, the district has had a net gain of 171 new businesses that employ more than 1,600 individuals, and has attracted just shy of $69 million in private investment to improve 167 buildings. With 45 statewide awards, the district is the ‘winningest’ community in the state, and is well-known for innovative adaptive reuse projects and regionally significant marketing and event initiatives that bring thousands to shop, dine and stroll during annual events such as the Winter Wine Walk and Wednesday and Saturday farmers’ markets.

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0
COMMUNITY DEVELOPMENT GRANTS AWARDED
$0
MILLION
IN TOTAL AWARDS
$0
MILLION
IN LEVERAGED INVESTMENT GENERATED
$0
LEVERAGED FOR EVERY $1 WEDC INVESTED
0
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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WEDC NEWS

Sub-Zero Group Inc. expands operations in Fitchburg

July 2, 2019|Comments Off on Sub-Zero Group Inc. expands operations in Fitchburg

Sub-Zero Group Inc., the industry leader in premium refrigeration, cooking and dishwashing appliances, is expanding its operations in Fitchburg with a new 350,000-square-foot research and development facility–a $70 million project expected to create 100 jobs over the next three years. Read More

“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