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Entries for May 2015

20
(Janesville, WI) Construction activities began this week at 4298 Capital Circle, in preparation for a 150,000 SF industrial / warehousing building. Located in the City's Eastside Business Park, this speculative building will have the ability to serve a single user or multiple tenants, as the space will be divisible by 25,000 SF sections. The building is expected to be ready for occupancy fall 2015. A summary of the property's features include: concrete tilt-up construction, 40'x50' bays, 30' ceilings, 6" concrete floors, high-efficiency HVAC / lighting systems and ample three-phase power. Provisions exist for finished office space (per 25,000 SF section), with additional flexibilities to amortize tenant related improvements on a case-by-case basis. Gilbank Construction, Inc. is providing construction services for the project, while Angus Young Associates is performing the architectural, design and engineering services. Bill Mears, Coldwell Banker Commercial McGuire Mears & Associates, is providing brokerage services. Capital Circle I, which is represented by area developers Tom Lasse and Terry McGuire, will own the building.  To facilitate this project, the City of Janesville provided a Tax Increment Financing package. According to James Otterstein, Rock County Economic Development Manager, "This project will provide a timely boost to the Class A inventory of industrial / warehousing space throughout the Janesville-Beloit MSA ."

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18
(Janesville, WI) Gary Kohn, BTC The Blackhawk Technical College Faculty Federation has donated $30,000 to the BTC Foundation to endow scholarships for BTC students, bringing the Federation’s commitment to BTC scholarships to $50,000 over the past two years. The Federation, which donated $20,000 to the BTC Foundation in 2013, will add the new donation to the previous fund and use interest on the fund to provide scholarships to second-year students in Associate Degree programs. Orinda Conway, the president of the Federation who is an Information Technology Network Specialist instructor, said the Federation has had minimal expenses over the years and wanted to use its funds to support BTC students. The money comes from dues paid by past and current members of the Faculty Federation, which was founded in 1972, Conway said. “Faculty members have seen increased financial pressures on our students and wanted to help on an ongoing basis,’’ Conway explained. “The Faculty Federation membership agreed that giving a large sum to establish an endowment enables the gift to continue for years to come.’’ Elizabeth Horvath, the BTC Director of Advancement and Community Relations which oversees the Foundation, said the “generous donation from the BTC Faculty Federation is indicative of the faculty’s commitment to our students.   “Blackhawk Technical College and the Foundation are proud to have faculty that continue to care for students’ financial needs and well-being. An endowed scholarship fund provides long-term financial support for students wishing to provide better lives for their families.’’ BTC scholarship applications are due by October 1 and May 1 annually.  For more information about BTC scholarships or the BTC Foundation, go to blackhawk.edu or contact Elizabeth Horvath at ehorvath@blackhawk.edu, 608-757-7704.

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18
(Beloit, WI) Beloit Daily News Staff An historic former women’s dormitory is returning to Beloit College as a residence hall in 2016, thanks to the generosity of two local donors. “Thanks to the generosity of Beloiters Jim and Nancy Packard, Beloit College owns Emerson Hall again,” said Beloit College President Scott Bierman during commencement ceremonies Sunday. “For the first time in 34 years, the dormitory will be open for students.” Jim Packard is a long-time trustee on the college board, and former chairman of the Regal-Beloit Corporation. The college intends to begin raising additional funds to begin renovation of the building this fall. The building is expected to re-open in the fall of next year and house about 60 students. The building’s name honored Beloit College Professor Joseph Emerson who laid the cornerstone on Nov. 19, 1897. Emerson Hall originally was a women’s dormitory and housed 50 students. The building continued to serve as a women’s dormitory until the 1960s when it became co-ed. The last Beloit College students lived in Emerson Hall in 1977. The college transferred temporary ownership of the building to Emerson Hall Associates, which ran it as an apartment building until a September 2013 fire that caused extensive damage. It has been unoccupied since the fire. The college reached agreement with the temporary owners to take back title to Emerson Hall on May 13. Plans call for renovations to ready the dorm for use by fall of 2016. All renovation costs are expected to be covered by donations, principally those provided by the Packards. Emerson Hall is listed on the National Register of Historic Places.

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16
(Janesville, WI) Gazette Editorial Around Janesville, dust flies from crews and machinery at work. On Milton Avenue's busy commercial corridor, work...

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11
(Janesville, WI) Gary Kohn, BTC The Blackhawk Technical College Faculty Federation has donated $30,000 to the BTC Foundation to endow scholarships fo...

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