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38 | I NSIGH T • O c t o b e r 2 0 15 w w w . i n s i g h t o n b u s i n e s s . c o m Holstein says this is the time for fresh ideas to take root – perhaps drawing on the region's German heritage and ties to the cra brewing industry. "When the manufacturing plant closed and almost 2,000 jobs were eliminated, it was a hard time for a lot of us here in the area," says New Holstein Mayor Dianne Reese. "is fresh concept will help bring light to a dark area and I'm excited to see the possibilities the redevelopment will bring to not only the local area, but the area around New Holstein as well." Part of the original plan is to create a place that will accompany the area's dedication to German heritage by naming the development "Market Platz," with "Platz" being the German word for place or gathering. Current plans show the development taking place over three phases. e first phase provides for 163,000 square feet of development, which also includes the installation of a welcome center, residential housing similar to townhomes and retail/food spaces. is phase is estimated to cost $8,396,000. e final two phases will provide 143,500 square feet of development and represent an investment of $7 million. "e whole reason behind the plans right now is so we can create a bottom- up approach to help empower the community and engage people," Torzala says. Craft brewing According to a study done by the Brewers Association, the cra brewing industry contributed $33.9 billion to the U.S. economy in 2012 and created more than 360,000 jobs. With a strong cra brewing industry surrounding the area, Market Platz will include facilities and designated areas to support micro brewing and the growing of hops. ese agricultural demonstration plots will provide an opportunity for brewers to raise their own crops used in brewing, including barley and hops. Within the master plan is an idea to develop a brewing incubator/contract brewery for local residents who want to learn more about brewing and starting a business. "ere would be a program offered where people can sign up to take a "There's a lot of community pride in New Holstein and a lot of pride with their German heritage. German is actually the second language for the area." – Renee Torzala, Stadtmueller & Associates ECONOMIC DEVELOPMENT • Prime Highway 41/441 corridor with commercial and industrial sites available • Many commercial and industrial sites are located in Tax Increment Districts • Favorable tax and utility rates with fully serviced sites available • Quality schools, great Village park system and excellent municipal services available Contact James Fenlon, Village Administrator, at 920-423-3850 or visit www.littlechutewi.org. with us, it's personal Helping you and your family achieve personal prosperity through business success. 920-882-4800 www.myprospera.com Prospera views your business not as just a group of accounts and transactions, but as an integral part of your life. We work closely with you to ensure that both your personal and business financial matters are managed holistically. We're here for you, no matter where you are. • Starting or purchasing a business • Growing your business/ in business • Moving toward retirement