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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

WEDC provided $7,500 toward the $30,000 planning and feasibility study to plan for redevelopment of the long-vacant and contaminated 30-acre former Tecumseh site. The site includes more than 440,000 square feet of structures, was vacated following corporate bankruptcy, and was subject to multiple EPA cleanup activities. The study identified several sub-area plans for the site, and 40 acres were identified as a future $8 million Market Platz development, which will include mixed-use development and a craft brewing center.

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WEDC contributed $20,000 toward an $80,000 planning project to provide a master plan for future downtown development and address connectivity issues within the community. The plan identified a need for $1.2 million in public investment, which would leverage $7.9 million in private investment in the form of property improvements and new development. Since the plan, the village has identified a number of village-owned parcels downtown with redevelopment potential, and is working to market them to developers. They have also addressed many of the access and parking constraints identified in the plan.

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WEDC invested $250,000 in the $1.8 million project to convert a long-vacant former BMO Harris Bank building into the Mount Horeb Innovation Center, located in the heart of downtown. The structure will ultimately serve as a hub for entrepreneurs and offer co-working space options with its meeting rooms and technological capabilities, but also allowed Duluth Trading Company to expand office operations in Mount Horeb in the near term, relocating 80 executive employees from its overcrowded Belleville location.

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WEDC contributed $425,000 toward the $4.5 million redevelopment of the former Larsen Cannery along the Fox River. The site will be home to an upscale office, retail and residential development ultimately incorporating $25 million in private investment.

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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

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