MADISON, Wis. (AP) — A legislative committee is set to take comments on a Republican bill that calls for reimbursing student loans for out-of-staters who move into rural areas in Wisconsin.
Online at WisconsinDevelopment.com (4 weeks of articles) - Searchable at Search WDN - WDN Tool Box, Links you can use everyday to help you and Wisconsin grow! Edited and published by Ken Harwood @ LinkedIn.
Click Here To Subscribe or add Friends and Colleagues... Available free from our SPONSORS... Why I publish WDN... WDGreen Environmental News From a Business Perspective!
Advocating for Wisconsin
Ken [at] KenHarwood.com
Ken Notes: "Ken Notes" may be reprinted in context without permission. Attribution should be Ken Harwood, Editor Wisconsin Development News or Ken Harwood Advocate for Wisconsin.
Governor Scott Walker recently announced that the Wisconsin Economic Development Corporation (WEDC) had a record year for economic development in 2017 with 59 companies from Wisconsin and around the world agreeing to locate to or expand in Wisconsin.
The projects are expected to create or retain nearly 30,000 jobs and result in more than $11.6 billion in capital investment across the state.
“When it comes to economic development, 2017 has been a historic year for Wisconsin as global companies such as Foxconn, Haribo and Nestle decided to establish operations in our great state after looking at many other options around the country,” Walker said....more
During the community engagement process for the proposed relocation of the Pinney Library, attendees were clear: they wanted everyone to feel welcome in the new space.
The architects want to accommodate that request, and preliminary designs show an attempt to invite the public in with natural light and materials.
The new Pinney
Library will double the space of the current branch at 204 Cottage Grove
Road, the third-busiest among Madison Public Library branches. The
space is meant to be warm, welcoming and promote play and early literacy
to address the achievement gap...
MILWAUKEE -- Wisconsin officials have launched a planned multi-million dollar advertising campaign to lure millennials from Chicago, but the marketing blitz is making some grumble.
Wisconsin Economic Development Corporation officials showed their ads and videos to reporters on Tuesday, January 9th. The officials said they want to change perceptions after research showed how young out-of-state residents viewed Wisconsin as beer, cheese and little else...
Wisconsin launches ads to lure Chicago millennials north
Seattle Times-Jan 9, 2018
Wisconsin seeks to lure young Chicagoans to Badger State
Milwaukee Journal Sentinel-Jan 9, 2018
Millennials, come hither: State begins talent-attraction ad campaignWEDC launches $1 million advertising campaign in Chicago
Journal Times-Jan 9, 2018
Madison.com-Jan 9, 2018
Wisconsin targets Chicago millennials in $1 million WEDC campaign
Milwaukee Business Journal-Jan 10, 2018
Lawmakers Express Concern About Campaign To Market Wisconsin ...Wisconsin launches ad blitz to lure Chicago`s `disillusioned` millennials
Wisconsin Public Radio News-20 hours ago
Local Source-Chicago Tribune-Jan 10, 2018 ...more
Ken Notes: I so wish we used priorities to fund our efforts. For example keeping grads in the state is FAR more important than telling millennials in Chicago that we are more than beer and cheese...
EBI takes the time to get to know you and your business. We’ll provide you with options so that together we can make the most of your space and stay within your budget.
The Medical College of Wisconsin is proceeding with plans to develop a sizable facility in downtown Milwaukee or the city’s near north side that will house an initiative “to help shape Milwaukee as one of the healthiest and safest cities in the nation.”......more
Ken Notes: There is demand for medical training in the state.
Worried about the "cumulative" effect of the growing number of places to buy liquor in the Downtown and frustrated by the City Council`s willingness to let Downtown restaurants sell alcohol, Madison Mayor Paul Soglin on Wednesday said he would propose legislation to further restrict the number of liquor licenses in the area...
Ken Notes: The problem with this is that nice new development is driven away and the watering holes that cause problems in the first place continue to thrive and are more valuable than ever. To attract the clientele you want develop a plan and work with developers to build it. Also we need to control some low rent or multi tenant space for entrepreneurial efforts that fit into the mix we want. Retail at $30/per foot is not going to happen. Do the math.
Madison’s tech community is turning cartwheels over the news on Monday that nonstop flights to San Francisco — with nearby Silicon Valley, the top U.S. technology hub — will start in June.
United Airlines will offer daily nonstop service, once a day, from Dane County Regional Airport to San Francisco International Airport starting June 7, officials said Monday. Tickets already are available to buy.......more
Ken Notes: 4th Street Berkley and State Street Madison should be connected and now the link is ALMOST complete. Alas BART will get you to 4th Street but Madison is still a crap shoot...
When the private development on Judge Doyle Square begins next spring, workers could be building for an Embassy Suites by Hilton if the developer’s proposal passes City Council.
Aimbridge Hospitality would operate the hotel under the Embassy Suites name, according to Mayor Paul Soglin’s office. Aimbridge, which operates about 700 hotels, and Embassy Suites were selected by private developer Beitler Real Estate Services as part of its agreement with the city to partner on the project.
The $170 million Judge Doyle Square development encompasses the area holding the Government East parking garage and the land behind the Municipal Building, where the city is building a new garage. Once the new garage is completed, the 60-year-old Government East garage will be demolished to make was for Beitler’s mixed-use building with the 253-room hotel...
Findorff, builders of Wisconsin`s finest projects...
Union Corners grandfamily housing complex hopes to address an emerging trend
In October 2011, Wisconsin’s first subsidized affordable housing project aimed at grandfamilies opened in northwest Milwaukee. Envisioned by Oregon-based developer Gorman & Co. as an opportunity to serve the growing number of grandparents raising their grandchildren, the Villard Square complex had everything an intergenerational family might need — affordable rent, modern amenities, on-site social services, and a public library branch on the first floor. Perhaps most importantly, the apartment building was to provide a built-in community of people facing similar challenges...
Ken Notes: We do need to reinvent housing stock for millennials and boomers (who are the new grandparents)...
I support the city subsidizing its public golf courses. They enable kids, seniors and working folks to enjoy the game.
It’s always been true that fewer younger adults play golf. The younger demographic is fully engaged with jobs and family and may be struggling to pay their bills. They often don’t have time or money to golf. As these obligations ease back, many people take up or resume the game......more
Ken Notes: And a good way to hold land in the public trust. BUT lease it to the private sector for $1.00 based on the best operational plan, public access, jr. programs and amenities. Bottom line you can`t loose and you keep the courses and are not in the golf business which you are not good at...
MADISON, Wis. (WMTV) - The Sam’s Club on Madison’s west side is closing at the end of the month.
A sign posted on the doors of the building at 7050 Watts Road confirms Jan. 26 will be the last day of business at that location. Customers can continue shopping at affiliated Walmart stores.
“It’s just amazing to see a store of this magnitude closing because it supports a lot of people here in Madison. I know a lot of people who I talk to go to Sam’s for everything," said shopper Vincent Carey.
According to an automated message on the Watts Road location’s phone line, the store will be closed Thursday, January 11th and will reopen to customers on Friday, January 12th at 10am......more
Ken Notes: A huge amount of brick and mortar we need to reuse. We need a plan for big box adaptive reuse in place BEFORE we allow them to be built...
City staff warned the Madison Parks Commission on Wednesday that municipal golf courses would have to close if no significant investment is made.
Commission members heard from concerned citizens, delved into reports and questioned city staff to help guide a recommendation on the future of the municipal golf system, which is facing millions of dollars in repairs.
Ken Notes: Public private is the ONLY solution...
MOUNT PLEASANT — The year 2017, more than anything else, became the year that Foxconn Technology Group said “yes” to Racine County.
The Taiwan-based company dominated the news from about mid-year on. It spawned a new term, Wisconn Valley, to invoke thoughts of California’s Silicon Valley world of technology happening in southeastern Wisconsin. It ranked as the top news story in Racine County for 2017 as determined by The Journal Times news staff...
Exact Sciences Corp.’s stock took a hit in trading on Monday even though the Madison maker of Cologuard reported preliminary results for the fourth quarter and the full 2017 fiscal year showing sharp increases in the use of its colorectal cancer DNA stool test.
Exact said it expects revenue for the fourth quarter, which ended Dec. 31, 2017, to be $86.9 million to $87.9 million, an increase of as much as 150 percent from its 2016 fourth-quarter revenue......more
Ken Notes: I remain a fan, when we start to reign in healthcare costs Cologuard DNA test are going to be the value standard....
With 2018 almost here, the Wisconsin State Journal went looking for New Year’s resolutions.
The newspaper wasn’t looking for who wanted to lose 10 pounds, go vegan, take up bird-watching or finally learn to speak French.
It was interested in community improvement — specifically, what some of those who seek to lead and shape the Madison area are committed to doing in the New Year to help make it a better place to live...
MADISON – Rural Wisconsin businesses need more workers and paying off some of their college debt is a good way to attract them, State Rep. Ed Brooks, R-Reedsburg, told an assembly committee last week.
Out-of-state residents could have up to $25,000 of their student debt reimbursed if they move to a rural Wisconsin county and live there five years.
The tuition forgiveness idea has been employed to attract doctors to rural areas and teachers to Milwaukee County and could work to bring in skilled people to boost economic development in rural Wisconsin, Brooks said...
Ken Notes: I still like a across the board bottom line tax credit on the tuition interest part of student loans. More affordable, sustainable, supports state schools, make more money for post secondary options available, and keeps grads in the state....
SCS - At the forefront of sustainable environmental solutions for over 40 years
WISCONSIN — Wisconsin has been named one of the most moved from states in 2017, according to a new study. The 2017 National Movers Study by United Van Lines says more people moved out of Wisconsin than into it in the last year — with 55 percent of moves being outbound.
United Van Lines — the nation’s largest household goods mover — says the Midwest continues to see more residents leaving than moving in. According to the study, the top-10 outbound states of 2017 were:...more
Ken Notes: We can fix this...
Though the Madison area’s hotel room inventory has steadily grown in the past nine years, 2017 saw the greatest increase in rooms since 2008, according to data from the Greater Madison Convention & Visitors Bureau.
“We have seen healthy growth in hotel rooms throughout the market in the last 12-18 months,” Greater Madison Convention & Visitors Bureau president Deb Archer said.
Last year, 401 rooms were added to the greater Madison region, which includes Fitchburg, Verona and Middleton, bringing the total to 9,821. The previous greatest increase was in 2008 when 364 rooms were added....
Ken Notes: We need to work on head in bed weekend events for the region... This is Economic Development not on the political radar screen...
At a time when it seems government is marked by acrimony and ill will, I’m proud of all the Dane County Board accomplished over the past year.
A lot of Dane County`s work is under the radar, from operating the regional airport and plowing county roads to providing services for seniors and the disabled.
But in 2017, the board tackled some very high-profile issues, including a badly needed renovation of our jail and a new approach to improving water quality. Before we ring in 2018, let me take a moment to highlight some of the successes of the past year:
Local music lovers may not notice a difference, but the global entertainment giant, Live Nation Entertainment, is finalizing a deal to buy majority interest in the Madison-based concert-promotion company Frank Productions.
The deal, to close next month, brings two competitors together as one...
Ken Notes: This will help...
“Founded in 1976 by George and Candy Gialamas, The Gialamas Company specializes in Class A Commercial Real Estate. Old Sauk Trails Park, is one of the most prestigious business parks in Wisconsin; containing numerous office buildings supplemented by restaurants, hotels, financial institutions, a childcare facility and a walking/jogging trail system....
Now that 2017 is in the rearview mirror, it is time to look back on what was a wild ride when it came to transportation funding in the state of Wisconsin. Google Maps could not possibly have mapped this route.
The year began with a state audit of the Department of Transportation that documented that Wisconsin state highways conditions are the worst in the Midwest. And not by a little bit. Local governments across Wisconsin chimed in to remind anyone who would listen that local roads were in just as bad or worse condition than the state’s highways...
Ken Notes: I remain a fan of a segregated transportation fund. It may not be enough but distribution using a scoring system at least creates a plan that will eventually get the projects done. The politics now is not good for those who do not have a large voice. Rural milk built the state now urban density runs it...
Startups in Wisconsin raised about $116 million in funding last year, a total that represents a steep drop compared to recent years. The figures come from PitchBook and the National Venture Capital Association, two groups that monitor investment activity nationwide. According to their data, the state’s funding totals in 2016 and 2015 were $223 million and $228 million, respectively.
Wisconsin’s decrease in funding in 2017 ran counter to the national trend. U.S. venture funding reached $84.2 billion last year, a level of VC funding that hadn’t been observed since the early 2000s......more
Ken Notes: We need to partner some of our ED funds with venture capital...
Questions are dogging the future of a state study into what long-term improvements may be needed for the Madison Beltline.
As the aging, increasingly congested main artery for the state’s fastest-growing urban area, advocates say the Beltline may need such improvements in years to come. It also has crash rates, on some stretches, more than double state averages for similar freeways...
Ken Notes: Could politics have anything to do with this??? I did hear there were a few liberals in the area...
Milwaukee, WI… The Milwaukee 7 Economic Development Partnership has announced the first round of loans to be awarded from its new Venture Capital Fund. The $1 million fund — supported with a $500,000 grant from the Wisconsin Economic Development Corporation’s Capital Catalyst Program that is matched by the Milwaukee Economic Development Corp. — provides loans and grants to early and growth stage companies. The fund targets seed-stage ventures in advanced manufacturing and other technology sectors, including graduates of local accelerator programs such as The BREW, WERCBench Labs, FaBCAP and Gener8tor......more
Ken Notes: like this!!
Landscape Architecture, Planning, Architecture, Engineering...
MADISON, Wis - A new United Movers study is naming Wisconsin as the 10th most moved-from state in 2017. Twenty percent moved for family, but 60 percent moved for a job.
United Van Lines said 55 percent of its moves in Wisconsin were out of the state.
UW-Madison professor of economics Noah Williams said this has been happening for years......more
Ken Notes: Create a student tuition loan program where interest is a bottom line State tax deduction. At least when graduates leave they owe us more than if they stay. Plus tuition availability for State funded schools would be great for the UW and Tech systems. This would help with school to work transitions and graduations rates... I would love to present this idea to your club, council or business group...
SAUK CITY — The newest addition to the state’s growing craft beer scene offers panoramic views of the Wisconsin River, an outdoor beer garden, 40 tap lines in the main bar and a stylish 250-seat wedding and banquet facility.
The 26,000-square-foot, $7 million Vintage Brewing Co. facility that opened Monday could help pave the way for a hotel, bring more business to the village’s downtown and draw customers from Madison, Wisconsin Dells and nearby Devil’s Lake State Park, which drew nearly 3 million visitors last year.......more
Ken Notes: We need to invest in more of these. For every new Foxconn flat screen buyer there are dozens new craft beer drinkers...
A legislative committee is set to take comments on a Republican bill that calls for reimbursing student loans for out-of-staters who move into rural areas in Wisconsin.
MADISON, Wis. (AP) — A legislative committee is set to take comments on a Republican bill that calls for reimbursing student loans for out-of-staters who move into rural areas in Wisconsin.
Rep. Ed Brooks` proposal would require the Higher Education Aids Board to reimburse 40 percent or $25,000, whichever is less, of student loans for someone who has lived in a rural Wisconsin county for at least six months after living out-of-state for at least five years....
Ken Notes: Are you nuts. Why not keep students from leaving in the first place. I question our logic sometimes. 3 billion to Foxconn and little to EPIC, Kohls, H-D, Kohler, Johnson Controls.... Why???
Soon after it was announced that Octopi Brewing in Waunakee had received statewide recognition with a Marketplace Award, news came of the brewery’s loan from the Wisconsin Economic Development Corporation.
Gov. Scott Walker announced on Dec. 26 that the brewery is one of the companies from Wisconsin and around the world receiving a total of more than $11.6 billion in capital investment.
The largest of those, the $2.85 billion in tax credits for the Foxconn Technology Group project in Racine, has made national headlines......more
Ken Notes: What do you know????
Miron’s comprehensive range of construction services are designed to meet the unique and diversified needs of our clients. Contact Us.
Here’s some of the other top news stories of 2017 as selected by the staff of the Chippewa Herald:
Open for opportunity
The largest economic development project in the history of the Lake Wissota Business Park was announced in 2017, with the construction of the Mills Fleet Farm distribution center. The project carries a price tag of $71.7 million and will create 284 jobs using a $1.5 million loan from the Wisconsin Economic Development Corporation....
Governor`s Comments Came After Madison Mayor Paul Soglin Officially Enters Governor`s Race
Paul Soglin`s formal announcement that he`s running for governor prompted Gov. Scott Walker to criticize the City of Madison even as his administration promoted it as part of a new multi-state marketing campaign.
Soglin, who has been Madison`s mayor off and on for three stints dating back to 1973, made his formal announcement Wednesday morning. Soon after, Walker tweeted a warning.
"The last thing we need is more Madison in our lives," Walker said. "@Paulsoglin is the latest extreme liberal who wants to take our state backward."...
Ken Notes: Madison is good for economic development, so is Milwaukee and the Fox Valley and Green Bay... It is not about Governors or Mayors, it is about supporting local business and for the record communities are better than the State at doing this. It is too bad that politics is in the middle of all this...
FaB Wisconsin and developer Rick Wiegand are working on plans for an industry center of excellence in the City Campus on Milwaukee’s near west side.
The nine-story former Family Hospital building at the corner of North 28th and West Wells streets would be known as The Future Food Center and would be home to FaB Wisconsin, a research and development pilot center and other offices for companies in the industry.
Those offices could include headquarters, R&D facilities, talent attraction operations, a customer experience center or sales offices, according to Shelley Jurewicz, FaB Wisconsin executive director. There would also be a secure 200-space parking area west of 28th street....more
As an affiliate of McMahon Associates, Inc., IPR provides Public/Private Partnership (P3) opportunities for a vast array of projects in small to medium-sized communities, as well as offering Municipal Administrator Services to local governments on an as-needed basis.
Innovators and rural advocates join forces to deploy TV white spaces technology for high-speed broadband coverage in rural America
Rallying around a plan to eliminate the digital divide by 2022, a diverse group of community leaders, rural advocates and top innovators announced the national launch of the new Connect Americans Now (CAN) alliance (www.connectamericansnow.com)...
Ken Notes: Politics and policy can not keep pace with technology. In this case we could leapfrog the rest of the nation by working with providers to embrace G5 technology coming in the next 5 years. Fiber is expensive and Rural fiber is just hard to pay for.
A dozen residents who would lose their homes to the Foxconn Technology Group project have filed a federal civil rights lawsuit against the Village of Mount Pleasant and its president.
The lawsuit claims Mount Pleasant`s exercise of eminent domain to take their homes is unconstitutional because it is for a private benefit, for a project exempt from many environmental protections and because the plaintiffs would be paid far less than similarly situated neighbors whose properties are being purchased by the village....more
Stay up to date by reading our MadREP Report, a bi-monthly newsletter that features regional economic development news, events and opportunities.
Find older issues here.
While it is hoped the recently signed "Mining for America" bill will spur the local economy through the creation of new jobs, Gov. Scott Walker noted during the bill signing ceremony Dec. 12 real growth in jobs in the northern part of the state will hinge on greater access to high-speed internet.
To that end, Walker said he and the state legislature have been pushing for an increase in state funding to expand broadband infrastructure.
"In this last budget, we have invested over $35 million in broadband access, whether it is through direct access loans or whether it`s through the TEACH Program.. ...more
A group of conservatives wants a seat at the table when it comes to the issue of alternative energy in Wisconsin, and, with former Gov. Tommy Thompson on board as a principal, it launched this past month the Wisconsin Conservative Energy Forum, part of a national network. Executive director Scott Coenen says the new organization will be dedicated to changing the dynamics of the renewable energy conversation in Wisconsin.
He says the forum will work to involve conservatives in discussions about changes in energy markets, including the development of clean and renewable energy resources, energy efficiency technologies, and the impact those projects can have on jobs and economic development... ...more
Land in Paris is set to be transferred to the city.
The City Council will vote today on a resolution to add the northwest corner of 128th Avenue and Highway N to the city. The site, which is about 39 acres, is owned by Joe Kolnik.
The move is a result of the 2017 intergovernmental agreement between the town of Paris, village of Somers, Kenosha County and the city dealing with land west of the interstate....more
MADISON - Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) Secretary Sheila Harsdorf commends the action of U.S. Secretary of Agriculture Sonny Perdue as he released the findings of the Interagency Task Force on Agriculture and Rural Prosperity at the American Farm Bureau Federation Annual Convention in Nashville, TN.
“Agriculture and rural communities are the foundation of America’s economy and key to the country’s future economic prosperity. I commend Secretary Perdue for traveling to states across the country, including Wisconsin, to hear directly from producers and agribusinesses......more
64-Unit Facility Will Offer Peer Support, Employment Assistance On Site...
Plans to build a new housing facility for veterans in Madison were announced Thursday by Dane County Executive Joe Parisi.
The 64-unit housing facility — to be called Valor On Washington — will offer market-rate and affordable housing with preference given to veterans. DryHootch, a veteran support organization also plans to offer services like peer support and employment assistance onsite...
Residential - Commercial - Retail - Controlled Environments
FIRE / WATER / STORM DAMAGE RESTORATION
DESIGN / BUILD & REMODELING
“Located in the Madison region for over 30 years, Engineered Construction is an industry leader in commercial construction and the restoration of commercial and residential fire and water damage.” See comments from our clients here. ...more
Madison, Wis., Dec. 29, 2017 (GLOBE NEWSWIRE) --
The Hotel Indigo project—the revitalization of the former Mautz Paint facility, a 102-year-old historic structure located in Madison, Wisconsin—is the first project financed through PACE Wisconsin. The statewide program, recently adopted in Dane County, enables commercial property owners to obtain low-cost, long-term PACE financing for energy efficiency, renewable energy, and water conservation improvements....more
JSD provides complete services in Planning & Development, Civil Engineering, Transportation Engineering, Water Resources, Landscape Architecture, Construction Services, Surveying & Mapping, and Environmental Services. Offices in Madison - Milwaukee - Kenosha - Fox Valley & Wausau.
For travelers, the new year opens up a whole new world of places to go and things to do. Here are a few notable openings and events scheduled for 2018 around the U.S...
...Motorcycle fans will want to be in Milwaukee for Harley-Davidson`s 115th anniversary hometown bash Labor Day Weekend, Aug. 29-Sept. 2, including a parade....
...The Farm Wisconsin Discovery Center in Manitowoc, Wisconsin, opens in June. It`s an agricultural center that shows visitors where food comes from, how it`s produced and who`s producing it, including a birthing barn for calves.......more
Ken Notes: A couple of mentions is nice... Oh and THANK YOU Culver`s for the $250,000 donation to help build the Farm Wisconsin Discovery Center in Manitowoc. We could use a few more stories in this facility, it is prey cool...
Wisconsin groups representing rural schools, technology, business and other interests are backing an ambitious plan to close the rural broadband gap that’s left millions of Americans without access to high-speed internet service.
The groups are part of a new coalition, called Connect Americans Now, that aims to extend high-speed internet access across the country. An estimated 23.4 million people in rural America remain without broadband, despite efforts by the government and service providers to extend access.
In Wisconsin, the national coalition’s partners include the Wisconsin Rural Schools Alliance, Wisconsin Economic Development Association, Wisconsin Technology Council and Wisconsin Realtors Association.
The strategy, which is getting its biggest push from Microsoft Corp., is to leverage what’s called TV white space, the unused broadcast channels between active channels, to deliver internet service.
That 600 MHz frequency range is sometimes called Super Wi-Fi because the signals can travel over hills and rugged terrain, traits that have allowed rural communities to access local TV stations.......more
Ken Notes: Again I suggest we tap the brightest minds on this issue before we lay billions in cable that in time may not be needed....
Sarah van Gelder, author of The Revolution Where You Live: Stories from a 12,000 Mile Journey Through a New America and cofounder of YES! Magazine, will headline a pre-convention conference on Friday, Feb. 2, leading up to the 87th annual Wisconsin Farmers Union State Convention at Chula Vista Resort in Wisconsin Dells.
The event, titled Groundswell, will explore the new ideas and challenges that are shaping the future of agriculture and rural life....more
Madison Memorial High School junior Brendan Franch has a marketable skill among his peers: He can tell his friends exactly what is wrong with their cars.
“I love being able to apply my knowledge," he said. "They will ask me questions about their cars and I can diagnose it. It’s pretty fun.”
Brendan started taking career and technical education classes during his freshman year at Memorial, and said one of the most valuable aspects of his experience is the chance to learn from people who are working in the field...
Ken Notes: Yea!
613 Williamson Street - Suite 210 Madison, WI 53703 - 608.467.1513
We are a team of commercial real estate experts devoted to ensuring commercial tenants receive conflict free, tenant-focused advice. Please Watch our video here.
The expansion of the Gehl Foods facility in Germantown was named by the Wisconsin Economic Development Corporation as one of the state’s top economic development projects in 2017. The project is ranked 13th out of 59 projects.
Gov. Scott Walker called 2017 a record year for the WEDC with 59 companies from Wisconsin and around the world agreeing to locate to or expand in Wisconsin. The projects are expected to create or retain nearly 30,000 jobs and result in more than $11.6 billion in capital investment in the state.
Topping the list of projects is Foxconn’s Technology Group’s historic investment in Racine County — a project expected to create up to 13,000 jobs and generate up to $10 billion in capital investment......more
TOWN OF SHEBOYGAN FALLS – This is where the sausage gets made.
Well, not quite. The bratwursts and other goodies that Johnsonville produce actually get made in a couple of buildings across the parking lot. But that’s just a stone’s throw away from where the local food behemoth’s corporate leaders, marketing personnel and other office employees sit.
And those cubicles are getting a bit roomier. A months-long building project that started in late 2016 and that aimed at expanding Johnsonville`s headquarters by a whopping nearly 49,000 square feet is just about finished.......more
Ken Notes: Winter brats are almost as good as summer ones..
Wisconsin’s decision to lift restrictions on filling state-protected wetlands for Foxconn Technology Group is already paying off for the company in the early stages of its plan for a sprawling manufacturing complex.
Under a state law enacted last year, Foxconn has no obligation to avoid or minimize its impact on a pond and 42 wetlands that cover about 26 acres within the first parcels of land the company is readying for construction in Racine County...
Almost every day, Mary Burke hears success stories. The woman who was on the fence about starting her own business? She decided to take the plunge. That busy mom who felt like she had to wait until her kids moved out to pursue a passion project? She wrote a book and got it published. The adult daughter struggling to care for her aging father? She finally set some boundaries and asked for help....more
We manage your IT-- so you can focus on running your business
Know you need IT but not sure where to start? Let our technical experts designs an IT plan that works for your company. We`re your IT one stop shop.
Funds cover construction and dredging projects for safety and economic development
MADISON, WI/January 10, 2018 (STL.News) – Governor Scott Walker announced today grants totaling $8,092,555 for five harbor maintenance and improvement projects in Wisconsin. Improvements will promote waterborne freight and assist economic development in the communities where they’re located...
Milwaukee - 1/1/2020 Journal Sentinel business reporter Tom Daykin talks about commercial real estate and development, including stores, hotels, offices, condos, apartments and industrial buildings...
Ken Notes: Tom Daykin is the source for ED news in MKE. This is a permanent link to articles in his blog which is updated daily...
The rebuilding of the state`s biggest public housing project aims to help a whole swath of the city`s northwest side.
The Henry S. Reuss Federal Plaza in downtown Milwaukee, one of the state’s largest multi-tenant office buildings, has been sold to a New York City real estate firm, broker Colliers International/Wisconsin said Tuesday......more
SISTER BAY - The new Northeast Wisconsin Technical College site for learning and small business development in Sister Bay site will open in spring 2018 with classes starting in April.
While the NWTC Learning and Innovation Center was planned to open in January, the renovation of the former Nicolet National Bank building into an education facility began later than planned. Now, the NWTC site is on track to be completed for several classes to start in April, said Lisa Tetzloff, NWTC manager of the new facility......more
Captain D’s is bringing their fast-casual seafood chain to Wisconsin. V&J Holding Cos. Inc., a multi-brand franchise company, is opening two Captain D’s locations in Milwaukee this year, with plans to eventually open a third restaurant in the city.
“It is very important to V&J Holding president Valerie Daniels-Carter to do this in Milwaukee,” James Bradley, VP of development for V&J Holding, told Biz times. “This particular location makes an... ...more
An extended-stay hotel chain that has fought an extended battle to enter the Milwaukee area has bought a development site, with construction likely to begin this spring.
An affiliate of WoodSpring Suites has purchased the 11-acre lot, 1701 W. Layton Ave., from the State of Wisconsin for $1.75 million, according to state real estate records posted Tuesday.
The vacant parcel is a remnant of former highway land that was created when I-94 was reconstructed. It`s just west of I-94......more
Our Current Publications:
Advocating for Wisconsin
Editor [at] WisconsinDevelopment.com
FINANCING & GRANTS
Brownfield Grants: Grants to local governments, businesses, non-profits and individuals for developing commercial and industrial sites that have been adversely affected by environmental contamination.
Brownfield Site Assessment Grant: Grant funds to approved projects to assist local governments with conducting initial environmental assessment and demolition activities on an eligible abandoned, idle or underutilized industrial or commercial site.
Capacity Building Grants: Grants to assist local and regional economic development groups to create an advanced economic development network within Wisconsin.
Capital Catalyst: Matching grants to seed funds managed by local communities and other eligible entities to provide capital to high-growth startups and emerging growth companies.
Community Development Investment Grant: Financial support for shovel-ready projects with particular emphasis on downtown community driven efforts that deliver significant, measurable benefits in job opportunities, property values, and/or leveraged investment by local and private partners.
Global Business Development Grants: Grant funding to support the growth and expansion of exports by Wisconsin companies.
Idle Industrial Sites Redevelopment: Highly competitive program offering grants to Wisconsin communities for the implementation of redevelopment plans for large industrial sites that have been idle, abandoned or underutilized for at least five years.
Industrial Revenue Bonds: A unique type of revenue bond organized and issued by a state or local government, the proceeds of which are directed to a private, for-profit business.
Seed Accelerator: Provides grants to eligible communities and other organizations to support a pre-seed business model program that incorporates training, mentoring and financial assistance to entrepreneurs in their area. Grant funds may be used as seed capital for companies in the accelerator, as well as for costs associated with initiating the accelerator program.
Special Project Loan Fund: Loans or loan guarantees to eligible companies preparing for future growth; diversifying operations, markets or product lines to increase competitiveness; or preparing a project site for future commercial development.
Technology Development Loans: Flexible lending program designed to assist high-tech startup and emerging growth companies in financing the development and launch of innovative products and services.
Business Development Tax Credit: Provides refundable income tax credits that can be earned based on jobs, capital investment, training and the location or retention of corporate headquarters.
Capital Gains Investment Incentives: Capital gains on funds invested in qualified Wisconsin businesses are completely exempt from the capital gains tax after the investment has been held for five years. Capital gains on existing investments which are sold in order to generate funds for investments in qualified Wisconsin businesses are deferred so that they are not taxed at the time they are invested in the Wisconsin businesses.
Development Opportunity Zones: Non-refundable tax credits for new and expanding businesses in the cities of Beloit, Janesville and Kenosha to assist with capital investment and the creation and retention of new, full-time jobs.
Enterprise Zone Tax Credit: Refundable tax credits for new and expanding businesses that can be earned based on job creation, job retention, training, investment and Wisconsin supply chain expenditures.
Historic Preservation Tax Credit: State income tax credit for 20% of the qualified rehabilitation expenditures for eligible buildings.
Job Creation Deduction: Companies can take an exclusion from income if they create jobs in Wisconsin of $4,000 per employee for small businesses and $2,000 per employee for larger businesses.
Manufacturing & Agriculture Credit: Available to individuals and entities for taxable years that begin on or after January 1, 2013, for manufacturing and agricultural activities in Wisconsin. The credit is a percentage of “eligible qualified production activities income.” The credit is calculated by multiplying eligible qualified production activities income by one of the following percentages.
For individuals, the credit is limited to the amount of income tax paid on the income from which the credit is based. For a corporation, eligible qualified production activities income is the lesser of:
Property Tax Exemptions: Machinery and equipment used in manufacturing is exempt from personal property taxes. Manufacturer and merchant inventories are exempt from personal property taxes. Certain waste treatment facilities owned by utilities, manufacturers, and commercial businesses used for the treatment of industrial waste materials are exempt from general property taxes.
Qualified New Business Venture (QNBV) Program: Helps drive investment to innovate early-stage Wisconsin companies by allowing investors to claim a 25% tax credit on the amount they invest into a QNBV-certified business.
Research and Development Tax Credit: An R&D credit is available to corporations, sole proprietorships and pass-through entities equal to 5% (10% in some cases) of the excess of qualified research expenses for the current year over a base amount.
Sales Tax Exemptions: Wisconsin sales tax does not have to be paid on the following:
Apprenticeship Completion Award Program: Offers employers, adult apprentices and sponsors a 25% reimbursement (up to $1,000) for instruction costs, including tuition, books, materials and other course fees.
ExporTech: Export acceleration program to help Wisconsin companies expand their global market reach through targeted export strategy development and execution.
Industry Development: WEDC’s Division of Business and Industry Development delivers customized solutions—technical and financial—to established business associations, consortia and industry cluster organizations in order to create favorable conditions for expanding existing Wisconsin industries and attracting new companies to priority industry sectors in Wisconsin. The division also supports minority business development by working with and providing resources for revolving loan funds and technical assistance to minority business development groups.
Veteran Grant Program: Offers employers a state grant of up to $10,000 over four years for hiring and retaining eligible veterans.
Wisconsin Fast Forward: Makes $15 million in grants available to employers to develop and implement innovative and collaborative customized training solutions for skilled workers....more
Ken Notes: I ran across this and thought I would add links as time permits. Hope it helps...
Notes from Ken Harwood Editor WDNews and WisconsinDevelopment.com.
For several years I have suggested that WEDC create a database that lists all their loans, grants and other incentives and the current status of these investments. Now they do. Created for a report they recently issued, the data base is available online or as a spreadsheet.
If you are a business or ED professional, study the list an a resource of what type of assistance may be available. Make sure you have your local ED professional and representatives from WEDC as well as other agencies that may have available funds in the loop as you plan your expansion.
I will continue to advocate for a new jobs based tax credit to level the playing field and streamline the process, but do applaud the efforts of WEDC. I hope local media reports on this data base as well as the report and available options for new and growing businesses...
The Report is here...
All info is here...
Ken Notes: I will keep this article as a permanent link in WDN.