Belle City Square

Racine,
WI
(2023)

Belle City Square

Manufacturing

Investment

NMTC Amount: $21,000,000
Total Project Cost: $35,794,898

IMPACT

214 FTE jobs
200 construction jobs
179 jobs created and 35 jobs retained.
112,350 sq. ft. of real estate

CDEs

First-Ring Industrial Redevelopment Enterprise, National Trust Community Investment Corporation

Investor

US Bank

Project Description

The 131,144 gross sq. ft. (119,350 net) consists of a non-profit café, office space leased by the local economic development corporation, a light manufacturing tenant, workforce training facility and maker and co-working space. The project will be the fourth phase (out of six) of the functionally related complex with previous phases.

MAP

Address: 2200 Northwestern Avenue, Racine, WI 53404

Census Tract: 55101001202

Other Wisconsin Projects

MCHS Hospitals, Inc. – Minocqua POB

Minocqua,
WI
(2019)

Community, FQHCs, Healthcare, Hospitals and Emergency Services, Rural

CDE(s): Community Hospitality Healthcare Services, Five Points Capital, PNC

Marshfield Clinic Health System expanded its existing Minocqua Center through the construction of a 72,000 sq. ft. hospital.

Foremost Farms

Richland Center,
WI
(2010)

Business Development, Manufacturing, Rural

CDE(s): CEI Capital Management, WHEDA

Financing for dairy production upgrades helped retain and create jobs, drive investment to future projects to increase profitability, and return equities to members while retaining the proper equity base.

St. Croix Chippewa Indians

Webster,
WI
(2018)

Community, Infrastructure, Municipal Facilities, Rural, Targeted Populations

CDE(s): Bremer CDE, Forward Community Investments, WHEDA

The St. Croix Chippewa Indians of Wisconsin used NMTCs for a new judicial center.

Printpack

Rhinelander,
WI
(2014)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): WHEDA

Financing for Printpack, a manufacturer of flexible and specialty rigid packaging.