RCEDC

Lakefront Redevelopment at the City of Racine

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The City of Racine and its Community Development Authority (“City”) is pleased to announce this offering of a key downtown development site consisting of approximately 1.63 acres of developable land (“Site”). The City considers the Site an asset to the economic growth of the City. Located on Lake Avenue, the Site has significant development value with incredible unobstructed lakefront views. It is within walking distance to Festival Park, Main Street, and the broader downtown Racine district.

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BizStarts Racine Returns Fall 2026

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This year-long program has been successful for many years in Milwaukee and now BizStarts will be available in the City of Racine. Join us on September 4, 2025 at Gateway Technical College’s SC Johnson iMET Center in Sturtevant.

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April 2026 RCEDC Newsletter

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Discover the latest economic development news happening in Racine County! This edition features a message from RCEDC’s Executive Director Jenny Trick on the upcoming IMPACT 2026 Annual Meeting, highlights available community loan programs for growing businesses, news of a global EV battery supplier investing in Mount Pleasant, and more.

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Community Loan Funded for Anchor & Ale

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CSAL Developers, LLC has acquired the Tichigan Lakes Hilltop Pub and Eatery in the City of Waterford and will reestablish the longtime restaurant as Anchor & Ale. Led by Chad Schmidt and Andrew Luebke, the project introduces a new operating entity that will lease the property and restore the nearly 70-year-old establishment to its roots as a family-friendly, supper club-style destination. The revitalized restaurant will feature a full dinner menu, cocktails, and a welcoming atmosphere designed to reconnect with the community and rebuild its customer base. The project was supported through a partnership between RCEDC and Community State Bank, utilizing a Community Loan to advance the turnaround and long-term success of the property.

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Community Loan Funded for Hyperion Holdings

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Hyperion Holdings Inc. has purchased an industrial building at 1800 Clark St. and 1825 Holborn St. in Racine to establish its first brick-and-mortar headquarters. Founded in 2022 by Sam Wahlen and Garrin Horwitz, the Sturtevant-based firm provides full-service residential property management, brokerage, and construction support for single-family and small multifamily investors across southeastern Wisconsin, using a technology-driven platform to streamline operations and reduce costs. The project was supported through a partnership between RCEDC and Advia Credit Union, which helped secure a Community Loan for the expansion.

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January 2026 RCEDC Newsletter

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Discover the latest economic development news happening in Racine County! Some features from this edition include a message from RCEDC’s Executive Director, Jenny Trick, a Racine County Economic Snapshot, Microsoft’s continued expansion of the data center campus in Mount Pleasant, and more.

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Community Loan Funded for The Foxville Gallery

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The Foxville Gallery is a new contemporary art gallery coming to downtown Burlington, owned and operated by artist and entrepreneur Amy Lynn Ross. The gallery will spotlight professional artists with a strong focus on Wisconsin-based talent through rotating exhibitions, while the second floor of the property at 525 N. Pine Street will offer a unique gallery-inspired Airbnb experience known as The Fox on Pine. This project was made possible through the partnership between RCEDC and Community State Bank, working with lender Ben Bruno, AVP Business Banker, to secure a Community Loan that helped bring this creative vision to life.

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November 2025 RCEDC Newsletter

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Discover the latest economic development news happening in Racine County! Some features from this edition include Microsoft’s investment in the community, RCEDC’s Leadership Council exploring career connections for young talent, BizStarts Racine’s third cohort graduation, and more.

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