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Wisconsin Development News (click here to read online)


Ken Harwood
Advocating for Wisconsin
HarwoodKen [at] Gmail.com
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$100M Wisconsin Investment Fund will focus on tech, biohealth start ups


As the leader of a health startup, Vivek Swaminathan knows access to capital is critical. 

Swaminathan leads Cardamom Health, a Madison-based firm that specializes in data analytics and improving health care outcomes. 

“Oftentimes we’re trying to make decisions when we can finally afford to make them instead of when it’s really right for our business,” he said.

Cardamom Health will be one of the first firms to receive money from the Wisconsin Investment Fund, a public-private initiative launched Wednesday in Madison.

“We’re using this money to help grow our team, to add folks not only who are experts in their field or in the technology, but also folks who may not have the ability to get into healthcare IT otherwise,” he said.

The Wisconsin Investment Fund will start with $50 million from the federal government through the State Small Business Credit Initiative, which was reauthorized and expanded under President Joe Biden’s American Rescue Plan Act. Venture capital firms will provide $50 million in matching funds...

See Also:

Wisconsin launches $100 Million investment fund to bolster local startups

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Ken Notes: Very nice, imagine what we could accomplish if we all got along...

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Madison is a boon for housing developers, but they decry excessive hurdles


To try to keep pace with its unrelenting population growth, Madison has made unprecedented investments in subsidized housing and aggressively pushed through policy changes meant to spur development.

But developers say they are still frustrated by a city they say often gets in its own way.

“Many in Madison city government continue to view developers as a threat and their job to be to protect the city from that threat,” said Bill Connors, executive director of Smart Growth Greater Madison, which advocates for the development community.

“This has been the culture in Madison for a long time, and it needs to change if Madison is to have any hope of meeting its housing needs.”

Among the issues developers cite: Unduly complicating and delaying projects and raising costs, which can drive investment elsewhere...

See Also:

Madison developers to receive millions of dollars in tax credits from WHEDA for affordable housing



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Gov. Evers, Department of Tourism Announce Wisconsin Tourism Sees Another Record-Breaking Year


MADISON, Wis. (OFFICE OF GOVERNOR TONY EVERS PRESS RELEASE) - Gov. Tony Evers today, together with Wisconsin Department of Tourism Secretary Anne Sayers, announced Wisconsin’s tourism industry saw another record-breaking year in 2023. According to 2023 economic impact data, the tourism industry generated $25 billion in total economic impact, surpassing the previous record year of $23.7 billion set in 2022.

“Wisconsin has so much to offer, from waterslides to watersports, hiking trails to contrails, and world-champion sports teams to world-champion cheese, so it’s no wonder we’ve seen yet another record-breaking year for Wisconsin tourism for the second year in a row,” said Gov. Evers. “These numbers show what an important role our tourism economy plays in our state’s economic success. And this didn’t happen by chance—this happens because of the hardworking folks in this critical industry who work day in and day out to make sure visitors enjoy their time here and come back year after year. We’ve been proud to help support their good work by making smart, strategic investments over the last several years to support Wisconsin’s tourism industry, and our hard work together is clearly paying off.”

In 2023, Wisconsin saw a $25 billion total economic impact, an increase of 5.4 percent from the previous year, welcomed 113 million visits—nearly two million more than the previous year, and saw the highest-ever overnight visits, with nearly 46 million overnight visits last year. This is the second consecutive year of record-breaking overnight visitation. What’s more, overnight visitors, on average, spend almost three times as much as day-trip visitors...


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Ken Notes: Tourism is BIG business, but housing the tourism workforce is going to become more and more difficult. We need a focused effort to solve this.

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Boldt Real Estate and Partners Close on More Than $200 Million in Major Senior Living Investment


MILWAUKEE, Wisc., May 14, 2024 – Boldt Real Estate, a leading real estate development and investment firm, is thrilled to announce the closure of a landmark deal exceeding $200 million in capital to facilitate the acquisition and financing of six senior living communities in partnership with New Perspective, and Fengate.

This strategic funding, comprised of a bridge loan, preferred equity and common equity, marks the commencement of a programmatic relationship aimed at channeling $500 million towards the future acquisition and development of senior living communities across the United States.

Jake Garro, President of Boldt Real Estate, said, “We are excited to partner with New Perspective, and Fengate on this transformative initiative. This joint venture not only signifies a substantial financial investment but also underscores our collective commitment to enhancing the lives of seniors and the communities they live in.”...


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Tom Still: New Wisconsin Investment Fund will be noticed beyond state borders


Among the first news outlets to pick up on the May 29 unveiling of the $100 million Wisconsin Investment Fund were two outside the state – the Seattle Post-Intelligencer in Washington and U.S. News & World Report. Both took note within hours.

As I mentioned to those who gathered at Madison’s Forward BIOLABS for the announcement by Gov. Tony Evers and others, that’s a big reason why the public-private fund is not an end in the state’s journey to build a more vibrant technology economy, but a new and significant beginning.

Like 49 other states, Wisconsin received money through the U.S. Treasury’s State Small Business Credit Initiative, which was authorized by the American Rescue Plan Act. Each state was free to tailor its program to a large degree, and Wisconsin chose to put nearly two-thirds of its allotment into a fund that would require private venture-capital firms to match the SSBCI money, dollar-for-dollar....


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Partnership between Microsoft, UW-Milwaukee aims to get AI into manufacturing


Connected Services Institute in Racine County to open new lab this fall

This fall, Wisconsin will become Microsoft’s seventh location in the world to build, develop and test artificial intelligence solutions to improve the efficiency of business operations.

On May 8, President Joe Biden and Brad Smith, vice chair and president of Microsoft, visited Racine County to announce the corporation’s $3.3 billion investment in the state.

“We will use the power of AI to help advance the next generation of manufacturing companies, skills and jobs in Wisconsin and across the country,” Smith said during the press conference....

...Hamann calls the new lab a “unique opportunity” for local, regional and national manufacturers, as well as faculty and students with the Connection System Institute, which launched at UWM in 2017...

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Ken Notes: This will keep UW on the map. Now we need the legislature to get on board and support the System and all they bring to Wisconsin...

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Wisconsin unemployment fell below 3 percent last month for the first time since mid-2023


State continues to outperform the country on unemployment, labor force participation

The unemployment rate in Wisconsin dipped below 3 percent in April for the first time since mid-2023, according to data released Thursday by the state Department of Workforce Development. 

Last month, Wisconsin’s unemployment rate declined to 2.9 percent, a full percentage point lower than the national rate.

The state also added 900 nonfarm jobs and its labor force participation rate remained at 65.6 percent, nearly 3 percentage points above the national rate...


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From Wisconsin to global tech ambassador for Microsoft, Brad Smith stays grounded in Midwest roots


A joint announcement in May with President Joe Biden that Microsoft will spend $3.3 billion on its Mount Pleasant data center and invest in training more than 100,000 tech workers was a homecoming of sorts for Microsoft President Brad Smith.

Born in Milwaukee, Smith 65, has returned to the state frequently as a Microsoft executive, making personal appearances for the launch of Microsoft`s Tech Spark skills training, its Titletown Tech business development partnership and even a book signing in Appleton.

As president and vice chairman of Microsoft, Smith leads a team of about 2,000 business, legal and corporate affairs professionals that`s based in 54 countries and operates in more than 120 countries.

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Ken Notes: We need to develop these relationships more in the State. We should work with the UW`s to ask former grads who have left the state if we can develop a project for them here in Wisconsin. It is a great place to live! Come on home...

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Wisconsin/German Apprenticeship Collaboration Yields New Strategies to Strengthen Workforce and Advance a Thriving Economy


This past April, UWM’s Institute of World Affairs Director, Doug Savage, traveled to Bonn, Koblenz, and Berlin Germany with leaders from the Wisconsin Department of Workforce Development and Milwaukee Area Technical College to research new strategies to boost apprenticeship on both sides of the Atlantic. Upon his return, he shared some insights from his travels abroad and strategies we can further explore.

Q. Please tell us the purpose of your recent trip to Bonn, Koblenz, and Berlin with faculty from MATC and representatives from Wisconsin’s Department of Workforce Development (DWD).

A. Building on previous programming and exchanges, the trip was designed to explore best practices in Germany for creating student pathways into skilled apprenticeships and resulting careers supporting the 21st century economy. The goal is to develop a comprehensive educational model in Wisconsin in which students can begin their training in high school through dual enrollment programs, obtain professional certification through apprenticeships and technical college curricula, and if they choose, continue on to a university degree....

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Ken Notes: I love this story. I really miss publishing Wisconsin Apprentice News, we are doing some great things in the state...

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Old Sauk Road neighbors fight apartment project, call it `monstrosity`


Residents near Old Sauk Road in Madison are petitioning to try to block a proposed apartment building that will go before the city Plan Commission on Monday.

The apartment building proposed by Madison-based Stone House Development would be three stories tall and provide market-rate housing with 138 units.

In a letter to the Plan Commission, resident Don Worel complained that the development would add traffic congestion and other disturbances at 6610-6706 Old Sauk Road. The properties currently contain two single-family homes and one two-family home, all of which would be demolished if the city grants Stone House its rezoning request and permits.

“Yes, we need more affordable ‘missing middle’ housing in Madison. Certainly, add more density where it makes sense. The proposed apartments are neither affordable nor do they add anything to the ‘missing middle,’” Worel wrote to city planners. “What they will add is congestion, noise, and parking issues to a section of Old Sauk Road that is already dangerous for pedestrians, cyclists, and school children alike.”...

See Also:

Old Sauk Road development approved by Plan Commission despite local pushback

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Ken Notes: Not a monstrosity, but not creating missing middle equity either -- which is what we really need. Smaller homes and other purchasable units so we can grow a middle class again...

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Madison`s Neighborhood House, other low-income projects, win state tax credits


The expansion of Madison’s Neighborhood House Community Center, which will add 60 units of mostly low-income housing to the Greenbush neighborhood, was one of five affordable housing developments in the city awarded financial support this year by the Wisconsin Housing and Economic Development Authority.

Together, the projects in Madison will qualify for over $100 million in federal and state tax credits over a number of years. They will provide 457 housing units throughout Madison, WHEDA records show. Of those units, 240 will be dedicated to renters earning 60% or less of Dane County’s median income, according to city officials.

Neighborhood House — alongside its partner in the redevelopment, Alexander Co. of Madison — is eligible for $10.9 million in federal tax credits over the next 10 years and $4.9 million in state tax credits over the next six years. Madison’s oldest community center, Neighborhood House was established in 1916 to serve a largely immigrant community. But it is struggling to expand its programming within the constraints of its current building...


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‘It’s heartbreaking’: Milwaukee residents, vendors left in limbo after Social Development Commission’s shutdown


Milwaukee resident Maria Beltran relied on the Social Development Commission for years for home improvements, including the installation of new furnaces and weatherization.

The Social Development Commission, or SDC, is a quasi-governmental community action agency responsible for providing a variety of services to low-income residents in Milwaukee County.

Among those services are weatherization and lead abatement. Those and other services have remained in limbo since the SDC’s weatherization program was suspended in March by the Wisconsin Department of Administration for misallocation of funds and the organization as a whole suspended operations in late April...

See Also:

SDC chair pleads for volunteers to rebuild agency, says board `can`t continue like this`

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Ken Notes: We need to replace the SDC with a sustainable entity that addresses these issues and services. When the private sector buys these properties to "flip" they do nice work but the new cost of these homes can be prohibitive.

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For an answer to the housing shortage in northern Wisconsin, take a look upstairs


Low-interest state loans can turn second stories of downtown buildings into residences

Like many areas, northern Wisconsin is experiencing a housing shortage. One reason is a scarcity of building materials due to the lasting effects of supply chain interruptions during the pandemic.

There is also an increasing number of residences taken off the market for use as vacation rentals.

One solution may be right in front of us — if we take a look up. The downtowns of many of our communities are filled with commercial storefronts in buildings where the second stories were once used as residences but often are vacant today...

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Ken Notes: I remember this was the solution in the 90s fore revitalizing downtown`s and it worked then. I can show you some VERY cool apartments in several cities across the state.

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Archive development will bring 33 units of affordable housing to East Wisconsin Avenue in Appleton


APPLETON - A new workforce housing development will bring 33 income-restricted units to East Wisconsin Avenue in Appleton by 2026.

Archive will be a three-story, 40-unit apartment complex with underground parking, a community room with free wifi and storage units for each apartment.

The income-restricted units will be reserved for households with incomes at or below 30%, 50% and 60% of the county`s median income of $78,705...


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UWM to House Nation’s First Microsoft AI Lab Focused on Manufacturing


The University of Wisconsin-Milwaukee’s Connected Systems Institute, as part of Microsoft’s $3.3 billion investment in southeast Wisconsin, will house the nation’s first manufacturing-focused AI Co-Innovation Lab. Lubar graduate students Soumya Katukam and Deepak Tandra talked with Brad Smith, Vice Chair and President of Microsoft, during a tour of the Connected Systems Institute.

The lab will strengthen UWM’s education and research mission while connecting Wisconsin manufacturers and other companies with Microsoft’s artificial intelligence experts and developers.

Brad Smith, vice chair and president of Microsoft, made the announcement Wednesday at a news conference at the company’s data center complex in Racine County that featured remarks from President Joe Biden and Gov. Tony Evers. UWM Chancellor Mark Mone, UWM Chief Innovation and Partnership Officer Brian Thompson and CSI Director Joe Hamman were in attendance to personally receive the good news...



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See Inside School-To-Apartments Conversion of Former Edison Middle School


Schools out for summer for many Milwaukee students. But move-in starts Saturday for a cohort of Milwaukee seniors.

Gorman & Company executive Ted Matkom and partner developer Malik Cupid are ready to welcome the first residents into the redeveloped Edison Middle School, 5372 N. 37th St., in the Old North Milwaukee neighborhood.

The building has gone by many different names and has been part of two different school districts. It was built in 1924 as North Milwaukee High School for the then-separate Village of North Milwaukee. But by 1929, when the building’s first addition was completed, the village was annexed by the City of Milwaukee and it entered Milwaukee Public Schools. It was the original Custer High School and later Edison Junior High School. An addition was constructed in the 1960s. Last known as Edison Middle School, the complex has been vacant since it was closed in 2008.

Now, it houses 63 apartments, set aside at below-market rates to individuals 55 and older...


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Ken Notes: I remain a fan of Gorman & Company, they seem to have figured out the secret sauce to flipping an older building into very nice space!

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Wisconsin Tax Credit Changes Encourage Investment in Communities


Key insights

  • Wisconsin made significant changes to its largest economic development program to make more projects eligible and credits easier to use.
  • Under the new legislation, projects with only capital investment now qualify, instead of requiring both capital investment and job creation.
  • The legislation also adds additional tax credit categories for investing in workforce housing and providing childcare benefits.
  • Projects meeting either job creation or capital investment goals are eligible to receive partial benefits.

Wisconsin has made significant changes to its Business Development Tax Credit (BTC) program. The changes shift the program’s focus away from job creation and toward projects with capital expenditures.

Discover how these changes can benefit your business and enhance your growth potential in Wisconsin.

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Project SEARCH helps promote workforce inclusiveness


GREEN BAY – Two graduation events were held May 28-29 in conjunction with the Wisconsin Department of Workforce Development to celebrate employment opportunities for young adults with disabilities created through Project SEARCH.

The May 28 graduation event celebrated the experiences of seven interns at Bellin Health and HSHS St. Vincent Hospital.

The second event highlighted six interns at Aurora BayCare Medical Center on May 29...

About 200 young adults participated during the 2023-24 program year at 28 sites around the state

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Ken Notes: I love this project.

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City Funds Will Boost Walker’s Point Development


Corner of 1st and National would see new affordable apartment building.

A proposed affordable apartment building planned for a key Walker’s Point intersection would receive a $2 million boost from a new tax incremental financing (TIF) district.

The subsidy package aims to close a financing gap at a site that has long eluded real estate developers.

Kenosha-based Bear Development plans to construct a five-story, 140-unit apartment complex at the northeast corner of S. 1st Street and W. National Avenue.

The Department of City Development is proposing to provide $2.17 million via a developer-financed TIF district to the $54.6 million development. The structure, effectively a property tax rebate, would incrementally provide the funding plus 6% interest, over a period of no more than 19 years. Bear would receive the funding faster if the assessed value of its development yields larger property tax payments...


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Green Lake development derailed by Plan Commission


A proposed planned unit development (PUD) presented to the Green Lake Plan Commission ran into opposition from neighbors to the project at Monday meetings.

The project would sit on 5.7 acres of land, bordered by South Street, Walker Street, Sherwood Lane and Ernest Street, containing 35 living units in 21 structures. Those living units would include seven single family homes, four duplex buildings (eight units) and 10 townhouse buildings (two story)...


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Ken Notes: I am running into this (NIMBY) a lot as a Planner in La Crosse. We may need to create a state initiative to promote higher density more affordable homes in all areas of the state. These were $340,000 homes which is still way to high for workforce housing. We also need to work with developers and builders on this issue.

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LAC to Develop Wisconsin Affordable Community


Lincoln Avenue Capital has begun pre-development work on Bishops Woods, a 203-unit affordable community in Brookfield, Wis. McShane Construction Co. will serve as general contractor, while Knothe & Bruce Architects provided design services. Completion is expected in December 2025.

The project received zoning approval from Brookfield’s common council in an 8-6 vote in 2022. Two years later, the Wisconsin Housing and Economic Development Authority, with Zions Bank as trustee, issued a total of $38.7 million in bonds, Yardi Matrix data shows.

The development received two separate loans of $4.8 million and $33.8 million, with the former being a 2-year loan at a 5 percent fixed rate and the latter being a 19-year loan at a 4.75 percent fixed rate, according to the same data provider.

Bishops Woods will serve residents earning between 40 and 80 percent of the area median income—roughly $43,000 to $86,000. The asking rent would be $400 less than the average rent in Brookfield...


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Ken Notes: Nice, but why must we segregate our our service and retail workers from the rest of society. These units should be mixed in with people making the median income and more. If you can not live next to your barista, you should make your own damn coffee...

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The battle for the patio of College Court


At a troubled Milwaukee public housing development, a padlocked patio becomes a battleground for some of America’s most talked-about voters.

Their emails to government officials had gone unanswered, their requests to testify at City Hall had been ignored, and now 14 residents of Milwaukee public housing were gathered in a pink linoleum common room to brainstorm how to get attention from the people with power.

“A woman got robbed in the hallway,” one woman said. “I don’t feel safe here.”

“I need to get the mold out of my apartment. I can’t breathe,” said another.

“There are mice everywhere,” said a man...

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Ken Notes: Our problem is we are trying to solve the problem without a clear understanding of the issues. Look at Madison`s failed investment in housing for the homeless. We try to build what we feel they should live in without asking what the want to live in. READ THIS STORY...

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De­vel­opment work planned for former De Pere Shopko


DE PERE, Wis. — Hours before the doors open for business at "Hey, Soup Sister" in De Pere, staff are busy preparing the days food.

That includes Kahlie Hill. She spent a recent morning slicing tomatoes and preparing cilantro at the custom soup cafe.


What You Need To Know

  • Local developers are proposing a multi-use development in De Pere’s downtown

  • It uses land occupied by a vacant Shopko store

  • The project envisions living, business, retail and plaza space 

Hey, Soup Sister opened four years ago and draws people from around Green Bay to its location at 115 N. Wisconsin St. in downtown De Pere.

“We’ll have people come down and they’ll say, ‘I’m from Suamico and I’ve wanted to try this,’” Hill said. “Most of our regulars live and work in the downtown area. It’s close for them, but we’ve got people who come in from everywhere.”

She can look out the front window of cafe and see the site of a former Shopko store that closed five years ago...



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Long-term care eligible for cut of $2M in workforce development grants


Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.

The Wisconsin Fast Forward grants are meant to help support 10 employers and serve up to 759 trainees across four high-demand sectors, including senior living.

“Wisconsin’s unprecedented economic recovery has been accompanied by a nationwide labor market quantity challenge driven by demographic trends that have been building for decades,” DWD Secretary-designee Amy Pechacek stated in a press release. “In response, investments like Wisconsin Fast Forward grants are proven strategies to grow the state’s talent pipeline and connect unemployed and other workers with in-demand skills that are needed for family-supporting jobs.”...


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Data centers are driving up energy demand nationally. What does that mean for Wisconsin?


`These facilities require a lot of power,` says Microsoft official on data center campus in Mount Pleasant

As work continues on Microsoft’s data center campus in Mount Pleasant, similar developments nationally have sparked concerns about strain on the country’s electric grid.

But it’s unclear how much stress data centers will put on Wisconsin’s electric grid and what the impact of these projects will be on the state’s clean energy transition.

According to the U.S. Department of Energy, data centers are “energy intensive” buildings, using 10 to 50 times the energy per floor space of a typical commercial office building...



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Ken Notes: We have the power especially on that site. We will need more, lots more and we can do this but we need to incorporate solar into EVERY new building in the State. Nice to see the Boldt containers and cranes...

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Alliant Energy completes latest solar project in Grant County


Alliant Energy has finished a large solar project in Grant County that will produce enough energy each year to power more than 50,000 homes, the Madison-based utility announced. 

Construction on the 200-megawatt Grant County Solar Project started in September 2022 and involved more than 700 workers, according to the recent release. Covering more than 1,400 acres, the site in Potosi is blanketed by more than 430,000 solar panels. 

Lisa Barton, Alliant Energy’s president and CEO, says the project’s completion is a “milestone achievement” in the company’s clean energy transition. It’s part of a package of 12 utility-scale solar projects Alliant has been building in the state with a total output of 1,089 megawatts.

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Ken Notes: I have a love hate relationship with these projects. 50,000 homes! New economic development! Eliminate older coal plants! Jobs! Yea!!! 1,400 acres is a lot of land. We need an every roof top plan soon!

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Madison-based Realta Fusion joins federal fusion development program


MADISON, Wis. — Madison-based Realta Fusion Inc. has partnered with the U.S. Department of Energy to support the development of commercial fusion energy.

The agreement, announced this month at a White House summit, will include funding for Realta in the first phase of the DOE’s milestone-based fusion development program, according to a news release. The program only allows public funding when a company hits certain milestones and Realta will supply a significant chunk of cost when working toward its milestones.

The company will have a five-year timeline to demonstrate technical progress towards a commercially feasible compact magnetic mirror fusion energy system and a design for a fusion pilot plant...

https://en.wikipedia.org/wiki/Fusion_power




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Ken Notes:OK, this would be very cool but there are a lot of "ifs" in the equation. Read the WIKI article as well... Currently this is housed at the UW, the growth could be huge...

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UW experts discuss business ownership disparities in Wisconsin


Wisconsin could have about 150,000 more jobs if the state achieves parity in business ownership rates between white and minority entrepreneurs, a UW-Madison economic development expert says. 

Matt Kures, a community development specialist with the UW-Madison Division of Extension’s Community Development Institute, spoke yesterday during an online briefing. He highlighted the “significant benefits” Wisconsin would see by reaching parity in business ownership rates — in which the share of the population for a racial or ethnic group matches the share of businesses owned by that group...

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Frank Lloyd Wright’s Hillside Theater reopens at Taliesin in Wisconsin


After a lengthy $1.1 million restoration project, Frank Lloyd Wright’s Hillside Theater at Taliesin is back open in Spring Green, Wisconsin. The endeavor was meant to preserve the iconic building while modernizing it for contemporary use. It was shepherded by Ryan Hewson, director of preservation at Taliesin for the Frank Lloyd Wright Foundation.

Hillside Theater was first built in 1903 by Wright’s aunts as part of the Hillside Home School. It’s been a staple for the arts scene in Wisconsin’s Driftless area, otherwise known as Bluff County, ever since. Stuart Graff, president and CEO at the Frank Lloyd Wright Foundation, called Hillside Theater’s reopening a “preservation milestone.”...

www.taliesinpreservation.org/hillside-theater/



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New 50-unit apartment complex development on Grand Ave. moves forward, plans to open summer 2026


WAUSAU (WAOW) — An apartment complex is moving forward on Grand Avenue and plans to be open by summer 2026.

The Wisconsin Housing & Economic Development Authority (WHEDA) awarded $32.5 million in competitive Federal and State housing tax credits to help advance affordable housing and economic recovery in Wisconsin last week, according to Commonwealth Development Corporation news release...

See Also:

WHEDA grants tax credits for Wausau affordable housing project but funding gap remains

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MadREP News


Stay up to date by reading our MadREP Report,a bi-monthly newsletter that features regional economic development news, events and opportunities.




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WEDC
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Four Milwaukee Affordable Housing Proposals Secure Critical Tax Credits


Four proposed affordable housing developments secured pivotal low-income housing tax credits in an announcement Thursday from the Wisconsin Housing and Economic Development Authority (WHEDA).

Two of the winning proposals are located near the intersection of N. Martin Luther King Jr. Drive and W. Burleigh Street at the north end of the Harambee neighborhood. Another of the winning proposals, Historic Patterson Place, involves the redevelopment of a former Milwaukee Public Schools building at 4116 W. Silver Spring Dr. The fourth winner, Historic Mitchell Residences, involves new buildings being constructed just south of the intersection of S. 12th and W. Historic Mitchell streets....

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Wisconsin awards $32.6M in grants to housing developers


(The Center Square) – Wisconsin housing developers are set to receive $32.6 million in housing tax credits for 2024, part of $525 million in workforce housing in this year’s biennial budget, Gov. Tony Evers’ office said.

The Wisconsin Housing and Economic Development Authority received $56 million in grant requests from developers with 23 developments in 14 counties that will create 1,383 affordable housing units being awarded the grants.

The federally funded 9% housing credit grants were worth up to $1.4 million with $16.6 million in total awarded. Compass Lofts (Milwaukee), Dodgeville Family (Dodgeville), Elllis Potter Apartments (Madison), Haven on Main (La Crosse), Park Lofts (Madison), the Conway (Madison), The Pines at Park Falls and Woods Hollow (Woodruff) all received at or near the $1.4 million credit...


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Gov. Evers, WEDC Announce $100 Million Investment in Wisconsin Startups and Entrepreneurs


MADISON —? Gov. Tony Evers, together with Wisconsin Economic Development Corporation (WEDC) Secretary and CEO Missy Hughes, today announced a major step forward in supporting Wisconsin entrepreneurs with the launch of the Wisconsin Investment Fund, a public-private venture capital initiative that will initially invest $100 million in startup businesses throughout the state. At an event at Forward BIOLABS in Madison, a nonprofit that has helped launch scores of successful startups, Gov. Evers and Secretary Hughes were joined by officials from five venture capital management firms who will be administering the first round of fund investments. A sixth capital management firm will be announced shortly...   ...Full Story Here

Ken Notes: A repeat of my opening story, but from the WEDC perspective. That and great news bears repeating....

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Evers, WEDC request release of $15M to support child care providers statewide


MADISON — Gov. Tony Evers and the Wisconsin Economic Development Corporation (WEDC) submitted a formal s. 13.10 request to the Republican-controlled Joint Committee on Finance (JFC) to release $15 million aimed at supporting child care providers and working families across Wisconsin. Gov. Evers enacted the 2023-25 biennial budget creating a $15 million child care fund appropriation at WEDC for child care providers. Under the submitted request, the $15 million would be directed to support the successful Child Care Counts Program in partnership with the Wisconsin Department of Children and Families (DCF).

To date, Child Care Counts has helped over 4,700 child care providers keep their doors open, ensuring the employment of over 52,000 child care professionals and allowing providers to continue to provide high-quality care to nearly 290,000 kids...


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WisBusiness: the Podcast with Aaron Zitzelsberger, WEDC


This week’s episode of “WisBusiness: the Podcast” is with Aaron Zitzelsberger, senior director of global trade and investment for WEDC. 

Zitzelsberger discusses the Wisconsin Economic Development Corporation’s international trade missions program, which recently announced its slate of destinations planned for this year and the next. The agency is coordinating trips in North America, Europe, Australia, Asia, and the Middle East for Wisconsin businesses looking to reach new markets. 

“Whether you are a company in Wisconsin that is looking for customers or distributors to help you expand your global reach — or maybe you’re looking for both — WEDC’s targeted trade missions are going to help you build those relationships necessary to increase your international sales.” ....


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Liz Brodek to step down as Wausau development director in July


WAUSAU, Wis. (WSAW) - The City of Wausau development director has announced she will step down from her role.

Liz Brodek will be leaving her position as of Friday, July 5. Wausau Mayor Doug Diny said in a statement on Wednesday that Brodek will be taking a state-level position with the Wisconsin Economic Development Corporation (WEDC).

“We’re immensely grateful for all the contributions Liz has made during her time here, and we hope you’ll take the time to farewell her when you see her,” Mayor Diny stated. “We’ll miss her creativity and passion, but we’re excited for her next steps.”

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Kikkoman breaks ground on Wisconsin soy sauce facility


JEFFERSON, WIS. — Brewed soy sauce manufacturer Kikkoman has broken ground on a new $560 million production facility in Jefferson. The 240,000-square-foot facility will feature a food and beverage innovation campus to produce its soy sauce and soy sauce seasoning products.

Kikkoman said it has been in Wisconsin since 1973, when it first opened Kikkoman Foods, Inc. in Walworth, Wis.

The company is investing approximately $800 million toward construction of the Jefferson facility and also toward expanding its Walworth facility, which will create approximately 83 new jobs, according to the company...

The Wisconsin Economic Development Corp. also is investing approximately $15.5 million in performance-based tax credits to help the company for the upgrades.



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Economic Development Resources









Twin Cities-Milwaukee-Chicago Intercity Passenger Rail Service



Wisconsin Housing and Economic Development Authority

nwrpc.com
momentumwest.org
7riversalliance.org
driftlessdevelopment.com
grownorth.org
prosperitysouthwest.com
centergy.net
madisonregion.org
thenewnorth.com
mke7.com



PropertyDrive.com

CirexNews.com

www.weda.org

DOA

Wisconsin Chamber of Commerce Directory



Wisconsin
Department
of Workforce
Development

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Evers administration requests release of $25 million for child care and tourism


Gov. Tony Evers’ administration is requesting that the Republican-led budget committee release $25 million in funds that would go towards supporting child care providers and tourism in Wisconsin.

It’s unclear whether lawmakers will release the funds. The requests come as Republican committee leaders and Evers have been in a stalemate over several funding release requests made by the administration, including for over $125 million to combat PFAS, $50 million to implement new literacy programs and $15 million meant to support hospitals in the Chippewa Valley. The disagreements about specifics on how the money for those initiatives should be spent has led to veto override attempts in the Senate and lawsuits from the Legislature and Evers...


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Council in review: Road work, development updates


East View Road construction underway, Country View Road projects aim to support Epic’s planned growth


It’s officially construction season.

At its past two meetings, the City of Verona Common Council has approved various resolutions regarding construction in the area. City Engineer Carla Fischer has also shared updates as to where projects are at in terms of progress.

The complete engineering report that details citywide construction projects is available online at ci.verona.wi.us/agendacenter in the May 13 council agenda and packet.
E. View Road/Court and Elm Street

Construction has commenced on East View Road (Green Meadow to Elm Street), East View Court and Elm Street. Fischer said paving is tentatively scheduled for the end of August...

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Wausau seeks consultant for north riverfront development planning


Wausau will seek a consultant to prepare a plan for developing the city’s north riverfront, after a vote Tuesday by the Wausau City Council.

The Council voted 7-4 to authorize a request for proposals with an estimated budget of $100,000. Alders Carol Lukens, Michael Martens, Tom Neal, Gary Gisselman, Lisa Rasmussen, Sarah Watson and Chad Henke voted in favor and Alders Terry Kilian, Becky McElhaney, Victoria Tierney and Lou Larson opposed it...
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Evers, WEDC Requests Release Of $10 Million To Promote Wisconsin Tourism


Governor Evers is doing a statewide tour that’s highlighting the National Travel and Tourism Week and Wisconsin’s tourism jobs and economy.

The governor and the Wisconsin Economic Development Corporation (WEDC) today put in a request for the release of $10 million in approved funding. Wisconsin tourism had a record-breaking year in 2022, and the tourism industry generated $23.7 billion in economic impact.

“Wisconsin’s tourism industry is a huge part of our state’s success – creating over $20 billion in economic impact and supporting over 100,000 jobs statewide each year,” said Evers...
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SWE Wisconsin Holds Spring Forward Professional Development Event


Learn about the speakers, activities, and networking that inspired over 80 women in STEM.

For the fifth year, the Wisconsin professional section of the Society of Women Engineers (SWE-WI) hosted an amazing Spring Forward professional development event. This year, Trane Technologies located in beautiful La Crosse, Wisc. offered their generous support and hosted the event at their facilities.

The Spring Forward committee, led by long-time Trane employee Jennifer Black and her colleagues, kicked off the event by providing a tour of the Trane Technologies facilities on Friday, April 14. Following the tour, Andrea Falasco creatively led the committee in decorating the venue tables with succulents we planted on site! That evening, attendees got acquainted with each other during a fantastic dinner at the nearby Freight House...


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Charter Senior Living Picks Up 13 Communities in ‘Calculated’ Growth Strategy


Charter Senior Living CEO Keven Bennema is on the road again, and so too is the senior living operator as it continues its growth strategy this year.

The company this week announced the addition of 13 communities in Illinois and Wisconsin formerly managed by Cedarhurst Senior Living. The latest growth of Charter Senior Living’s management portfolio sets the organization to continue growing while evolving a future pathway to owning communities, Bennema told SHN.

“We want to figure out a path toward ownership, a path toward some type of joint venture partnership in ultimately every community we operate,” Bennema said. “From a financial perspective, we’re able to do more investing as we take on new acquisitions and development.”...

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Ken Notes: I will say this again, Wisconsin needs to build senior friendly aging in place communities. This need to be a community effort, us boomers DO NOT want to live in the "homes" our parents and grandparents ended up in. We want amenities, lifestyle, health care, destinations, and soooo much more.

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University Wisconsin Eau Claire L.E. Phillips Career Development Center


EAU CLAIRE, Wis. (WLAX/WEUX) – Dozens of workers of all abilities and some with language barriers clock in at the L.E. Phillips Career Development Center thanks to a partnership with UW-Eau Claire.

“What we like to do is make sure our students have practical experience in the world of sales before they go out and take it as a career,” said Dr. Lenita Davis, the executive director for the professional sales program at the university.

The business professor teaches her students that through fundraising.
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State Pursuing Much Smaller Building at 27th and Wisconsin


The State of Wisconsin is advancing its plan for a new Milwaukee office building, though the scale of the proposed building is now much smaller than once planned.

A newly-released request for information (RFI) from the Department of Administration says the state wants to lease between 55,000 and 65,000 square feet of office space in a newly-constructed office building at N. 27th Street and W. Wisconsin Avenue.

That’s down from a more than 283,000-square-foot, $164 million structure the state was pursuing as recently as 2021.

The project is designed to replace the aging Milwaukee State Office Building, 819 N. 6th St., with a modern facility and avoid addressing deferred maintenance on the downtown building.

But Governor Tony Evers, who inherited the project from Scott Walker‘s administration, saw the Republican-controlled Wisconsin State Legislature strip funding for the project in two consecutive capital budgets...


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CDMO Siegfried expands US footprint with acquisition of Wisconsin facility


Siegfried has inked a deal to acquire Curia Global’s early-phase manufacturing site in Grafton, Wisconsin, in a move that expands the Swiss CDMO’s reach in the U.S. and its ability to offer a wider range of services...

...The Wisconsin facility specializes in early-phase development and manufacturing services and employs more than 80 workers. Siegfried said it plans to develop the site into a hub for early-phase CDMO services for its global customers, which will include services for projects with highly potent drug ingredients...
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Ken Notes: WDNews relies on the actual journalism provided by your local media outlets. Without these partners we can not bring you the unbiased news, leads and updates you need to thrive in Wisconsin. Support your local media...

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Land and Space / Tom Daykin


Note: I changed the link here to Toms Twitter account. JS limits the number of articles I can read so I look at TD`s Twitter feed every week. I`ll Still include JS articles but after ten you need to subscribe.

I also updated the picture because, well Tom is getting old and development is taking it`s toll!!!

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...

Land & Space Development Database


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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...

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The Wisconsin Development Network


Our Current Publications:


 

WDNGreen.com     

WWHNews
WWHNews.com


Cirex News


WisCraftNews.com

FOR SALE!

    
Ken Harwood
Advocating for Wisconsin
HarwoodKen@Gmail.com
608.334.2174
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WDN Notes...


WisconsinDevelopment.com
&/or WDNGreen.com

Wisconsin Development and WDNGreen newsletters are now emailed to over 12,000 professionals, planners, developers, news outlets, and elected officials each week. We see over 1,000 opens within the first hour every week for each publication. The websites, WisconsinDevelopment.com and WDNGreen.com are always online and available to view and search where we maintain several years worth of articles.

"My goal is to present a positive view of economic development, business and employment in the State of Wisconsin”, Ken Harwood, Editor and Publisher.

Each week WisconsinDevelopment presents a positive look at economic development, commercial projects and ideas that work from across the state. In WDNGreen we highlight pro-environmental development and issues that make economic sense.

We believe in the Wisconsin business community and believe that telling their stories will positively impact both growth and better legislation in the State. We are nonpartisan, pro business, pro positive environmental issues, and most importantly pro WISCONSIN...

Online at WisconsinDevelopment.com  & WDNGreen.com Featuring Storues & Links you can use everyday to help your bisiness and Wisconsin grow! Edited and published by Ken Harwood @ LinkedIn. 


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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.

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Contact WisconsinDevelopment


Wisconsin Development News is
Edited and Published by:

Ken Harwood
Ken [at] KenHarwood.com
608.334.2174


Mailing Address:

WisconsinDevelopment.com
1221 Hagar St UNIT 209
La Crosse  WI  54603

Please feel free to send story ideas or Press Releases to:

Ken [at] KenHarwood.com
Call 608.334.2174 to confirm receipt.

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