Insight on Business

June 2015

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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 J u n e 2 0 15 • I NSIGH T | 39 As proposed, Faith Technologies will occupy seven of the eight floors of the new office tower, which will boast the latest in amenities, yet has been designed to blend into the existing architecture of the downtown. Community First Credit Union and the corporate offices of RLJ Dental will occupy the first floor of the tower. Faith already occupies the nearby Discovery Pointe office building, and together the two buildings will create corporate headquarters campus for the company, a national electrical and specialty contractor. ey will be bringing more than employees to downtown Menasha. "For Faith, this is going to be a showplace where they will bring clients from all over the country to downtown Menasha to show them what they do," Hogerty says. According to the terms of the agreement, Menasha Downtown Development will construct both the building and a 300-space parking garage on the city-owned Broad Street parking lot. While reserved for employee parking during the week, the ramp would be open for public parking on evenings, weekends and holidays. Hogerty says the taxes paid by the developers into the tax increment financing district created for the project will help offset the costs of constructing the new parking facilities, which it will own until the TIF closes in 2043. He stressed the investors involved in the development have strong ties to the community — many of the investors own businesses or live in the region — and adding a successful development to downtown Menasha is just as important as any eventual returns. "We are working to do this in a way that is economical," Hogerty says. "ese are folks who care about the community and want to see it succeed. ey see this as a community development project and an investment opportunity." Read more at www.atcllc.com/PowerForward Y O U R E N E R G Y F U T U R E B E G I N S W I T H P L A N N I N G T O D A Y At American Transmission Co., we're hard at work keeping the lights on and planning today for how the electric grid of our future will deliver reliable, affordable and environmentally responsible power.

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