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Entries for March 2021

27

(Town of Bradford) Frank Schultz, Gazette

Three electric utilities have joined to buy a big solar array that is planned to be built in Walworth and Rock counties starting this fall.

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24

(Beloit, WI) Austin Montgomery, BDN

The Ho-Chunk Nation's Beloit casino and resort project took a major step forward Wednesday as Gov. Tony Evers concurred with a federal decision to move land designated for the project into trust status, paving the way for one of the largest entertainment complexes in Wisconsin. 

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23

(Milton, WI) Rebecca Kanable, Milton Courier

Milton residents are in for a treat – a DQ treat. American Dairy Queen Corporation (ADQ) has announced its new DQ Grill & Chill restaurant is set to open on March 29. The restaurant is located at 1167 Gateway Drive (near Milton’s newest Kwik Trip).

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18

(Janesville, WI) Neil Johnson, Gazette

Though the new store is small—3,000 square feet of retrofitted space in a former gas station—it’s the first full-service fresh food grocery to come to the south side since Pick ‘n Save shuttered its Center Avenue supermarket in 2017.

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17

(Janesville, WI) Neil Johnson, Gazette

In April, Courtney Perakis is bringing back a slice of old-timey sweetness with The Sugar Exchange, a new candy shop and classic ice cream and soda parlor at 119 N. Main St.

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16

(Rock County, WI) According to a report released last week by Ownerly.com, the Janesville-Beloit MSA notched a Top 25 ranking for the best U.S. “remote-friendly” locations. Specifically, the area was ranked #12 for all metropolitan areas – regardless of population size. When ranked by defined population categories, the Janesville-Beloit MSA scored the #5 spot in the medium city (i.e. 100k – 250k population) grouping. The State of Wisconsin was well represented in this Zoomtown report, as six of the top 25 cities were from the Badger state.

The composite score for the Janesville-Beloit MSA was 71.5. Meanwhile, Madison - which was the top rated Wisconsin city in this report - received a composite score of 73.1. The number one ranking in the nation, with a composite score of 80.4, was Lebanon, PA.

These rankings reaffirm the business case why individuals and families alike are continually gravitating toward the Janesville-Beloit MSA. Housing affordability and access to various (local) healthcare provider options, coupled with safe neighborhoods and schools, and commuter-friendly transportation routes – thanks to the I-39/90 third lane expansion project – are just a few of the top reasons fueling the single and multi-family housing surge throughout Rock County. A diversifying economy, with strong foundations and employment gains within the emerging and/or expanding high-tech sectors, is an equally important variable too.

Ownerly.com is an online, data aggregation and statistical automated modeling valuation (AVM) platform that is available for home buyers and homeowners alike. To develop its Zoomtown rankings, Overlay.com examined and ranked 304 metropolitan and micropolitan statistical areas; and a weighting methodology was applied to the following statistics to generate each city’s composite scores: housing / rent values, affordability of goods and services, web connectivity, safety, climate and park access.

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16

(Milton, WI) Rebecca Kanable, Milton Courier

Indigo Salon and Suites recently opened at 711 S. Janesville St. Crystal Wilkins owns the business.

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09

(Janesville, WI) Zilber Property Group (ZPG) is once again investing in the Janesville-Beloit MSA, by announcing that it is adding 356,000 SF to its Janesville industrial portfolio. Construction is scheduled to begin soon, and Q3/Q4 2021 is the targeted market delivery date. Various value-added, manufacturing and warehousing elements will be incorporated into the building profiles to facilitate flexibility - as well as appeal from certain industries. Both properties will be located in the City's Beloit Ave. Industrial Corridor.

"Janesville is a business-friendly community, with active economic development agencies, and we look forward to working with both to make these projects a success," stated John Kersey, Executive Vice President, Zilber Ltd. 

ZPG, which is headquartered in Milwaukee, is the trade name which Zilber Ltd. markets its commercial real estate activities. With the addition of this pair of 178,000 SF buildings, ZPG's total real estate holdings in Rock County will be more than one million square feet.

The City of Janesville facilitated this development by providing a Tax Increment Financing (TIF) package.

According to James Otterstein, Rock County Economic Development Manager, "Strategic real estate investments in the Janesville-Beloit MSA are continually positioning the area's economy to capitalize on growth and diversification opportunities."

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04

(Janesville, WI) Neil Johnson, Gazette

Layers of frozen snow still cover the ground, but come the spring thaw, three developers could break ground on four new industrial facilities that collectively total 460,000 square feet.

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5.0 UPDATES

For additional Rock County 5.0 information, click on the listings below and/or send an email to info@rockcounty5.com

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