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.
WEDC contributed $212,000 in site assessment and brownfields funding toward a $7.6 million project to renovate a failed downtown mall into an office and educational campus. The site was formerly home to a dry cleaning facility, which was destroyed by a fire. The site is now home to Mid-State Technical College and office space for 150 workers, and has also helped catalyze additional downtown projects including renovation of a historic theater, construction of a new hotel and improvements at other downtown properties. Additional project funding included CDBG and TIF funds.
WEDC contributed $5,000 toward a $20,000 feasibility study for renovating and reopening the historic riverfront Steamboat Inn. Following the study, a development partner was identified and the historic properties were demolished to make way for a four-story, mixed-use, 83,000-square-foot project planned to include a restaurant and banquet facility as well as a parking garage, retail and office space, condominiums and a rooftop patio and pool.
WEDC contributed $250,000 toward a $2.3 million project to address floodplain issues and accommodate road expansion needs in downtown Cross Plains. Additionally, the changes created opportunities for Kalscheur Dodge, a fixture in the community for 103 years, to double its square footage. As part of the expansion, the dealership added 20 jobs. An additional shared parking lot will facilitate redevelopment of adjacent structures, which previously had no dedicated parking.