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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.

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WEDC provided $205,000 toward a $1.4 million project to completely renovate a vacant downtown property to help an existing business, The Coffee House at Chestnut & Pine, expand, while also adding space for a new bakery, a meeting space/event venue and a commercial kitchen, with a combined 10 additional employees. The renovated building has become an anchor for the growing downtown revitalization effort, spurring developer interest in a long-vacant parcel on the same block for an $800,000 investment to create co-working space. The coffeehouse itself is now the top ranked business in the City of Burlington and has been featured in multiple publications, driving additional tourism activity.

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The neighborhood has housed water-related businesses since the city's early days, and is currently experiencing a renaissance.

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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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