City of Racine

CITY Of RACINE DOWNTOWN GRANT PROGRAM

This downtown Racine grant program has a finite amount of funding, so to maximize the positive impact of the grant program and the revitalization of downtown Racine, eligible applicants will be prioritized based on industry, with retail and restaurants having the highest priority.

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Community Loan Funded for Hyperion Holdings

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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MALTWORKS Opens Business Incubator and Studio Space

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.

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