WEDC provided $250,000 toward the downtown gateway initiative, part of a $2.3 million plan to address floodplain issues and improve the gateway to downtown. The completion of this project has already resulted in $7.7 million in additional investment, including the development of the Cobblestone Hotel, SEH Headquarters office building, Chamber of Commerce offices, welcome center and a new brewery within one block of the riverfront. An additional local property owner is exploring a $2.2 million renovation of an adjacent property.
WEDC contributed $6,500 toward a $25,000 feasibility study to jumpstart the renovation of the 40,000-square-foot former courthouse facility in the center of Green Lake. Following the completion of the study, the nonprofit ownership group invested in upgrades to the facility, which is now home to 23 local tenants, including several entrepreneurs who make use of the certified commercial kitchen. In addition, the center hosts a number of community- and youth-oriented educational programs.
WEDC contributed $425,000 toward the $4.5 million redevelopment of the former Larsen Cannery along the Fox River. The site will be home to an upscale office, retail and residential development ultimately incorporating $25 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.