According to a recent analysis by the Badger Institute, Racine County experienced the highest rate of new construction in Wisconsin for 2024—posting a 4.83% increase in property value from net new construction (after accounting for demolitions). This growth rate is nearly three times the statewide average of 1.65% and almost double that of the next-highest county, Adams, which came in at 2.94%.
Southeast Wisconsin is gaining national recognition for its strong economy and skilled workforce as traditional industries like manufacturing join emerging sectors such as AI, clean energy, and biohealth. Reports like “Wisconsin: Capturing More Than a Moment” highlight the region’s appeal to global corporations and startups due to its business climate, tax incentives, and access to talent. Major investments, such as Microsoft’s $3.3 billion data center in Mount Pleasant, will create hundreds of jobs and boost demand for technical talent.
Saputo Cheese USA Inc., one of the largest dairy processors in the world, has expanded its footprint in Wisconsin with the opening of a new 311,000-square-foot cold storage and distribution facility in Caledonia Corporate Park. The $59 million investment will create 160 new jobs over the next three years, strengthening Saputo’s operations in the Midwest. Earlier this summer, RCEDC joined Saputo leadership, project partners, and community leaders for a grand opening and ribbon-cutting ceremony.
Water plays a vital role in site selection, especially for industries that depend on it for manufacturing, cooling, cleaning, or agriculture. In the article “Water Resources: Water & Site Selection” by Business Facilities, water access is identified as a key driver of economic development. In Southeast Wisconsin, this essential resource isn’t just plentiful and high quality—it’s a strategic advantage for businesses planning long-term growth.
Zilber Property Group has begun construction on Zilber Industrial 2, a 142,560-square-foot speculative industrial facility at 4300 Carly Avenue in the new Caledonia Corporate Park in Racine County.
Listing of Available Large Class A Industrial Buildings in Racine County
Continental Properties is moving forward with plans for a 280-unit apartment complex in Mount Pleasant at 13117 Spring Street. The 16-acre site has been rezoned to accommodate multi-family housing, aligning with the Village’s growth strategy. This new development will provide much-needed housing as demand continues to outpace supply in the area.
Ashley Capital, a national real estate developer with a strong presence in Racine County, plans to invest $440 million in transforming the former South Hills Country Club into a new industrial park in the Village of Caledonia.
After a distinguished 30+ year career in machining and technical services, Victor (Vic) DeMeyer is embarking on a new chapter as the owner of Reyemed Technical Services (RTS) in Burlington. Specializing in precision CNC manufacturing, solid modeling design, and reverse engineering, RTS has state-of-the-art machinery and software to serve area manufacturers.
Racine celebrated a milestone with the ribbon cutting of MALTWORKS, a groundbreaking business incubator and studio space located in the heart of Belle City Square. This innovative space offers flexible options for small businesses, artists, and creators, including shared offices and meeting room subscriptions.