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.
WEDC contributed $250,000 toward the $1.3 million renovation of the long-vacant building at 531 North Main Street. The building will now house the headquarters of DealerFire, a web design and internet marketing firm, while simultaneously creating an incubator/co-working space to foster additional entrepreneurial development in the city. The firm expanded as part of the move, adding 123 additional jobs and investing an additional $1 million in equipment and training.
WEDC provided $1 million toward the $9.5 million first phase of the Central Wisconsin Applied Research and Business Park development. DMI Acquisitions LLC is the lead developer for the project, which will redevelop the former mill site.
Created by a public-private partnership in 1990, Downtown Mainstreet Inc. of La Crosse spearheaded the creation of the city's first comprehensive master plan for its downtown in order to address perceived economic deterioration of the city’s historic district. Today, La Crosse is one of the largest National Register Commercial Historic Districts in Wisconsin, containing 96 contributing buildings. Early preservation efforts led to the completion of a $2.9 million river levee project to protect downtown from Mississippi River flooding. In addition to serving a critical purpose, the project features a riverwalk, recreational boat docking facility, wayfinding signage and downtown streetscaping initiatives. In its first 12 years as a program, downtown gained 170 new residential units. More than 100 building and storefront façade restorations have been undertaken, resulting in an increase of $40 million in assessed property values. With the recruitment of major high-tech corporations such as Firstlogic and CenturyTel's Midwest regional headquarters, employment is now at an all-time high, even surpassing employment at the height of the prosperous retail years. Today, downtown La Crosse is known for its arts scene (including a strong public art program and state-of-the-art Weber Center for the Performing Arts), as well as a commitment to downtown residential development (the Tour of Upper Living regularly sells out). Last year the downtown welcomed $12 million in private investment. This pales in comparison to the $191 million in projects currently under way, which are expected to add nearly 400 new hotel rooms, 246 residential units, and 145,000 new square feet of commercial space and generate more than $22 million in additional consumer activity.