Belle City Square

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

Investor

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

High poverty and low development have historically plagued the area surrounding the intersection of 27th Street and Wisconsin Avenue in Milwaukee.
MEDC provides low cost, long-term, subordinate capital to operating businesses in the City of Milwaukee through the its NMTC Revolving Loan Fund product.
Meister, a cheese manufacturer, used NMTCs to upgrade the MPP facility and purchase equipment.
The transofmration of a former warehouse and storage building into an architectural space containing new high quality offices along with ancillary retail and warehouse space.