Insight on Business

November 2018

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w w w . i n s i g h t o n b u s i n e s s . c o m N o v e m b e r 2 0 1 8 • I NSIGH T | 19 SHEBOYGAN MARINETTE FLORENCE OCONTO MENOMINEE SHAWANO WAUPACA OUTAGAMIE BROWN WINNEBAGO KEWAUNEE DOOR MANITOWOC CALUMET WAUSHARA MARQUETTE GREEN LAKE FOND DU LAC SHEBOYGAN another 700 to 800 units, Pelishek says. Sheboygan recently received $1.5 million in state housing tax credits from the Wisconsin Housing and Economic Development Authority — the only community to receive credits for two projects. ose will go to a historical rehabilitation project of an old tannery building and reconstruction of Wasserman Apartments, a public housing project. e tannery project, which will be converted into Badger State Los, will provide 118 workforce units that will serve as a key housing piece for FreshTech. e Wasserman Apartments complex hasn't been renovated since it was built in the late 1970s. e city is looking at ways to maximize the project and possibly incorporate some non-public housing units. "It really comes down to the fact that this county is driving the market in job creation and open positions," Pelishek says. "We're creating more job openings than even Dane County." Despite the wins of receiving the tax credits and increasing the number of available apartments, the county still has work to do, Sheehan says. e demand for two-bedroom, two-bathroom, two-car condos remains high — the Water's Edge development is slated to break ground this year and will offer 42 to 44 units. A tight construction market and labor shortages mean affordable single-family housing is in short supply. For the past several years, the community hasn't built On the web freshtechinnovation.com more than 10 to 12 single-family houses a year, Pelishek says, and there's little sign of improvement. "Honestly, it's been a struggle," he says. "Everybody that we bring here, any kind of single-family housing developer, wherever they're from, they're going gangbusters in other areas. ere's just not an interest in doing it because the construction market is so tight." The location for FreshTech was chosen for its proximity to Lake Michigan, Interstate 43 and Sheboygan's downtown. Leaders say they hope the area will offer the amenities of a large metro area with the perks of living in small-town Wisconsin. S H E B O Y G A N C O U N T Y E C O N O M I C D E V E L O P M E N T C O R P. platform for legal innovation. We combine our industry leading expertise with innovative technology and a creative approach to problem-solving to generate game-changing advantages for our clients. institutions, healthcare organizations and governments. With industry-leading expertise and innovative technology, we take a collaborative approach to problem-solving, advocacy and advice. Oshkosh • Green Bay • Appleton • Manitowoc vonbriesen.com Unequalled Creativity. Absolute Partnership. Game-Changing Advantages.

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