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.
One of the original Connect Communities applicants, downtown Mosinee was facing a number of challenges including multiple vacancies and an unremarkable downtown streetscape. In the past three years, the city has led the way by creating a downtown TIF district and building improvement grant program, which has resulted in six property improvement projects. The city also took the lead in improving downtown aesthetics through adding new street banners, hanging flower baskets and creating a downtown playground, and is working on a trail extension. The business community has also come together for some marketing initiatives, including a promotional video series highlighting local shopping and dining options.
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 $260,000 toward the $1.1 million conversion of a former City Hall/firehouse property in downtown Rice Lake into a multi-tenant commercial structure. Tenants will include a fitness center and 6,000 square feet of office space. At full occupancy, the building will house 30 employees in the heart of downtown Rice Lake.