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Community2018-08-09T15:30:14+00:00

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

The City of Wausau received $1 million in Idle Industrial Sites Redevelopment grant funds to be used in conjunction with private funding as well as city funds and four other grants to implement one portion of the $82 million East Riverfront redevelopment project. The funds from WEDC will be used for sewer/water extension, public space, additional public parking, overhead utility reduction and marketing/promotion. The site represents 21 acres on the Wisconsin River, incorporating six former industrial facilities/parcels. Redevelopment of the first 16-acre site will include $6 million in city investment and $20 million in private investment, resulting in 340 residential units, 38,000 square feet of office space and 77,000 square feet of commercial space.

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In 2016, WEDC awarded $500,000 to the Village of Kimberly to redevelop the long-vacant, 90-acre New Page Paper Mill site, located along the Fox River. Ultimately, the project will include a $12 million mixed-use neighborhood including 60,000 square feet of commercial space and 800 residential units.

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WEDC’s contribution of $1 million in Idle Sites Redevelopment funding was leveraged to attract $9.5 million in local funding for the multi-phase Drexel Town Square project, which includes development of a $10.5 million parking structure to support a medical clinic and other retail uses on the 85-acre former Delphi Manufacturing site now known as Drexel Town Square. The clinic will bring 240 highly paid workers and hundreds more of patients to Drexel Town Square each day.

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WEDC contributed $5,000 toward a $20,000 feasibility study for renovating and reopening the historic riverfront Steamboat Inn. Following the study, a development partner was identified and the historic properties were demolished to make way for a four-story, mixed-use, 83,000-square-foot project planned to include a restaurant and banquet facility as well as a parking garage, retail and office space, condominiums and a rooftop patio and pool.

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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