Aug 22, 2012

Shovel-ready sites could boost development in Beloit

Excerpted from Beloit Daily News
By Shaun Zinck

Two Beloit city-owned properties are being considered by the Wisconsin Economic Development Corporation (WEDC) for “shovel ready” certification.

The certification would give would-be business developers more confidence in locating a business in Beloit because an outside firm would have already inspected the site.

The “Ready-Set-Build” project was proposed by Gov. Scott Walker earlier this year as a way to encourage business owners to build in the state. Wisconsin was one of 25 other states that didn’t have “shovel ready” certification.

A study done in 2010 called “Be Bold” showed that the state had a lack of sites that could be immediately developed. Walker then created “Ready-Set-Build” in order to determine sites that are ready to be developed.

The certification eliminates some worry for would-be developers because sites have already been inspected and are ready for development, said Tom Thieding, communications manager for WEDC.

“Certified sites also increase the comfort level of projects considering a region by removing unknowns about a site, and by accelerating the site due diligence and implementation timeline,” Thieding said.

Read the full article

Main Street Bounceback Grant Applications Deadline Has Passed
This is default text for notification bar