Housing Development

Demand for new housing investment is growing across Racine County. The local population is expected to grow due to recent business growth and other local development. A variety of housing types are needed to attract and retain talent working at Racine County businesses. Our local municipalities actively work with qualified developers and investors to facilitate single family, multi-family and redevelopment projects.

For additional information on several housing opportunities available in our community follow the links below.

    Recent Housing Development News

    With new construction housing in short supply, nearly any viable location in Racine County is suitable for residential development, particularly areas near I-94, such as Mount Pleasant, which offer proximity to employers and amenities. Stakeholders could also consider creating master-planned communities with varied housing, scenic landscaping, trails, parks, and open spaces.

    The Village of Mount Pleasant, Racine County, Racine County Economic Development Corporation (RCEDC), and Milwaukee 7 (M7) announced plans for Microsoft to significantly expand its investment in Mount Pleasant.

    Home2 Suites by Hilton, part of Hilton's (NYSE: HLT) All suites portfolio, will celebrate their newest property, Home2 Suites by Hilton Racine, with a grand opening ceremony on October 5th.

    Wangard Partners, a leader in multifamily and industrial property development will break ground on its second phase of Tivoli Green Apartment Homes on Wednesday September 27th at 9am (9110 Megan’s Way in Mount Pleasant, Wis.), marking another significant milestone for the highly successful apartment community in Mount Pleasant, WI.

    Discover the dynamic future of commercial development in Racine County through three remarkable projects that epitomize innovation and prosperity.

    Racine County, RCEDC, local municipalities, and partnering developers have taken the initiative to meet the housing needs head-on. Because of this comprehensive collaboration, Racine County has experienced a steady increase in housing development.

    One of the latest housing developments in Racine County – the Courtyard at Cobblestone Park – led by Sawall Development, announced its plan to open November 2023.

    A $39.4 million Racine incentive to transform the Regency Mall property gained a final city approval this week, marking another step toward developer Hull Property Group bringing a new grocery superstore and apartments.

    J. Jeffers & Co., in partnership with City of Racine Mayor, Cory Mason, and CG Schmidt construction, celebrated a ceremonial groundbreaking to mark the fourth phase of the catalytic transformation of Racine’s historic home to the former Horlick Malted Milk complex at 2100 Northwestern Avenue.

    Formerly the Olympia Brown School and Western Publishing Company facility, the Water's Edge Condominiums are now under construction and available for purchase. Located in the Village of Caledonia, the Water’s Edge Condominiums are nestled on the shore of Lake Michigan.

    Racine County, RCEDC, local municipalities, and partnering developers have taken the initiative to meet the housing needs head-on. Because of this comprehensive collaboration, Racine County is experiencing a much-needed increase in housing development, leading to over 3,600 additional housing units in Racine County.

    A groundbreaking ceremony was held Feb. 17 for the Breakwater 233 Apartments, a 202-unit apartment building to be constructed at 233 Lake Avenue in the City of Racine, Wis.

    INVEST IN RCEDC

    RCEDC’s mission is to grow Racine County’s property tax base by supporting business expansions and providing employment opportunities to Racine County residents. In 2023, RCEDC staff were able to facilitate 64 projects that included comprehensive site selection, loans, grants, and incentives resulting in $1.36 billion in private investment and $1.05 billion in new construction.

      INVESTOR BENEFITS

      INVESTMENT LEVELS

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