With infrastructure improvements completed and development plans in place, the Village of Waterford and a few of its local businesses are utilizing RCEDC resources to spur recent development activity.
During the next several years, nearly 1 million square feet of industrial development is planned for the DeBack Farms Business Park in the Village of Caledonia. Scannell Properties, headquartered in Indianapolis, plans to develop a 65-acre site in the park over three phases. A General Mills warehouse and distribution center is planned to occupy the first building.
The Build Your Own Business program helps entrepreneurs open a storefront location for 3 – 5 months in downtown Union Grove. Business owners receive assistance in finding a store front location, business and marketing plan assistance from the SBDC at UW Parkside, and access to a $500 grant upon signing a lease of no less than 3 months and no more than 5 months.
In this edition of RCEDC’s Development News you’ll discover the 2020 recap of Racine County’s housing market and development activity. Also learn about the value of doing business in Racine County as well as the talent pipeline resources
One of the City of Burlington’s newest businesses, The Loop Commons, announced their official opening on Facebook (January 11, 2021). The Loop Commons is a historic building revived for modern endeavors, and includes co-working space, a photo studio, a podcast studio, conference rooms, private offices, event space, a coffee shop, and coming spring 2020, a climbing gym.
Start In Wisconsin is the premier network for local businesses. For owners and startups, Start In Wisconsin will power connections to start, scale and accelerate area entrepreneurs. For the established resource network, Start In Wisconsin will be a platform to provide best fit referrals, build your network, and to showcase the story of entrepreneurship in our region.
Darius Szczekocki, president of Hestia Heat Treat in Racine, will use a $100,000 pandemic recovery loan to purchase new equipment to seek more work with automotive industry clients.
Single-family housing development, featured available properties, County-wide talent recruitment, and much more in this edition of RCEDC’s Development News.
Case High School graduate and Milwaukee Brewers former draft pick, Lee Jaramillo now owns Northterra Real Estate Group. Jaramillo recently used RCEDC’s High Impact Revolving Loan Fund for interim financing to construct the new O&H Danish Bakery on the corner of Douglas Avenue and 4 Mile Rd.
When Low Daily Brewery owners, Tim and Claire Sullivan moved from the Pacific Northwest to Burlington, RCEDC provided development assistance in a variety of capacities, including local and state incentive as well as an SBA 504 loan for building renovations and equipment purchasing.