WEDC contributed $459,529 toward a $31 million redevelopment project including housing, retail and a health care facility on the former Bancroft Dairy site. The dairy plant had closed 10 years prior, and the 1.64-acre site had residual soil contamination, which required disposal and capping.
WEDC contributed $1 million toward the $35 million redevelopment of the former Beloit Corp. facility into the Ironworks office/tech park. The project began in 2002, and includes the conversion of multiple plant buildings into high-tech office space as well as site improvements such as creation of a spine road, pedestrian bridge across the river and public art projects.
WEDC provided $243,000 toward a $2 million expansion of the regional grocery store. The expansion also created space for two additional businesses, generating 45 net new jobs. The retention of the grocery store downtown has allowed other projects to move forward, with a public-private Exploration Center project in planning phases and a Minnesota-based brewery considering relocation to the downtown area.
WEDC contributed $147,438 toward a $5 million project to transition a vacant 7.5-acre brownfield into an 88,000-square-foot intergenerational care facility in inner-city Milwaukee. The site, vacant for more than two decades, included 27 separate parcels spanning two city blocks. Brownfields funds helped to contain and cap soils contaminated with PAH and other chemicals. The project also utilized PECFA funds for additional cleanup.