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

WEDC contributed $200,000 towards a $5.6 million project to convert a contaminated 2.5-acre riverfront site into 33 units of affordable housing. The project also received TIF financing from the city, which also spent $192,000 to acquire several parcels to assemble the site. Former uses included automotive and manufacturing. Remediation included the removal and disposal of 1,694 tons of soil contaminated with arsenic, lead, benzene and PAHS, and the introduction of backfill and an asphalt cap on portions of the property.

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WEDC contributed $6,225 in a Site Assessment Grant for the former Zander Creamery property, which had been vacant for more than a decade. The information from the assessment allowed for the successful redevelopment of the site, which was awarded an additional $288,130 in Brownfields Grant funding from WEDC for remediation costs (primarily cleanup of soil contaminated with arsenic, lead and petroleum) as part of the project. The final project resulted in a three-story, 45-unit apartment building, and represented $4.6 million in private investment, with additional city investment of $1.1 million.

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WEDC contributed $15,000 toward a $60,000 planning process to address access, visibility, parking and other challenges associated with the dated Nicolet Square property. As a result of the plan, the city was able to address pedestrian access, consolidate dumpsters and improve traffic flow to the property. Encouraged by these improvements, Waseda Farms opened in a long-vacant structure on the site, investing nearly $10 million in site and building improvements and hiring more than 20 full-time employees.

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WEDC contributed $499,970 toward a $40 million project to create 291 apartment units in four buildings on the site of the former Sweet Water Organics property, a site with a long history of metal fabrication activity. Site cleanup included removal and capping to address a number of contaminants including PAHs, RCRA metals and PCBs, as well as asbestos abatement and demolition. The introduction of residential uses also required installation of a sub-slab venting system.

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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

“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