posted on September 13, 2017
(Madison, WI) Brian Doudna, WEDA
Hendricks Commercial Properties received a Redevelopment and Reuse award for the Ironworks Campus redevelopment project in Beloit. The award was presented at the 3rd annual Community and Economic Development Awards banquet, held September 13, 2017, at The Edgewater Hotel in Madison.
The Redevelopment and Reuse award recognizes innovative real estate redevelopment or reuse projects that demonstrate measurable and quantitative impact on employment and tax base.
"We are extremely honored and humbled to have been selected for this award,” said Rob Gerbitz, CEO of Hendricks Commercial Properties. "The transformation of Ironworks is a project that has been at the forefront of Diane Hendricks’ vision for the continued and ongoing re-birth of this great downtown and city. It’s exciting, to say the least, with more great things to come in the future. Thank you to WEDA and Rock County Economic Development for your recognition of this project."
What started in 1857 as Merrill & Houston's Ironworks became the Beloit Ironworks and, eventually, the Beloit Corporation, has now been reimagined simply as Ironworks, a multi-use, innovative technology and creative office campus that boasts modern amenities while paying homage to Beloit's industrial roots and heritage.
WEDA and its partner organizations developed the Community and Economic Development Awards program to recognize best practices and economic development-focused businesses and organizations that are making their community or region a better place to live, work and play.
“WEDA is excited that our Community and Economic Development Awards program is able to celebrate the dedicated efforts of local, county, regional, state and private organizations in advancing our state’s economy,” said WEDA President Ed White.
Seven awards were given in six categories: Business Retention and Expansion; Economic Driver (Large and Small); Human Capital; Real Estate Development and Reuse; Economic Development Initiative; and Public-Private Partnership.
To implement the awards program, WEDA partners with the Wisconsin League of Municipalities, Wisconsin Counties Association and the Wisconsin Economic Development Corporation.
Award sponsors are Alliant Energy, Bachmann Construction, J H Findorff & Son, Green Bay Packers, Madison Gas & Electric, US Bank, Insight Publications, American Transmission Company, Wisconsin Public Service and Xcel Energy.