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Community 2018-04-25T14:09:32+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 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.

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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 provided $417,250 toward $1.5 million in planned site improvements on the long-vacant Milk Page site. The project will allow the adjacent Merrill Equipment Company to expand, address environmental concerns, create additional commercial acreage within city limits, and connect downtown to a regional trail system along the river.

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WEDC contributed $235,000 toward the $3 million downtown redevelopment project. The project allowed Ace Hardware to open in a converted warehouse, and created space for a new NAPA Auto Parts to open in the community while retaining five existing tenants and recruiting three new, smaller tenants, which benefit from improved space and visibility. The project created a combined 30 additional jobs.

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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

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ENTREPRENEURSHIP

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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

Foxconn to expand Wisconn Valley Innovation Network with new Foxconn Place Chippewa Valley in downtown Eau Claire

July 16, 2018|0 Comments

Foxconn Technology Group has announced the company is purchasing two properties in downtown Eau Claire for its Foxconn Place Chippewa Valley, a technology hub that will serve west-central Wisconsin, and that will also house its Wisconn Valley Innovation Center. Read More

$32 million Milwaukee Tool expansion project receives support from WEDC

July 13, 2018|0 Comments

WEDC is providing Milwaukee Tool Co. with $8 million in state tax credits to support the company’s plans to build a $32 million R&D facility in Brookfield – a project expected to create 350 new jobs. Read More

City of Madison receives $500,000 state grant to support redevelopment of former Oscar Mayer plant

July 11, 2018|0 Comments

Laying the groundwork for the redevelopment of the former Oscar Mayer plant, Lt. Governor Rebecca Kleefisch announced the City of Madison is receiving a $500,000 state grant to help finance infrastructure work on the site. 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