(Beaver Dam) Plans were announced Thursday for a massive industrial park just north of the city of Beaver Dam. The Alliant Energy Beaver Dam Commerce Park totals 520 acres and is geared toward big or expanding companies seeking large-scale sites. Lieutenant Governor Rebecca Kleefisch – and other state, and local officials – joined local landowners and company representatives at the event officially launching the commerce park. The property is situated in the Town of Trenton, not far from the shuttered Trenton Elementary School and near the city of Beaver Dam’s new Highway 151 Business Park and adjacent to the four-lane Highway 151. The property offers contiguous land for development with a price of $20-thousand dollars per acre. Work is already underway to make the park a Wisconsin certified site.
“We believe this is a game changer for job creation and business investment in the state,” said Jeanine Penticoff, vice president of customer engagement and solutions for Alliant Energy. “An available business site of this size is unique to Wisconsin. It helps put us on the radar of companies seeking large tracts of land for new facilities.”
Alliant Energy’s economic development team worked for several months with landowners to get the 520-acre property under option control. The initial five-year options allow for potential sale directly to companies choosing to locate in the industrial park.
“We’re grateful to the property owners in the area for agreeing to make their land available for business expansion under this unique partnership,” said Rob Crain, director of customer, community and economic development for Alliant Energy. “Our company thoroughly researched many potential locations for this park and found that this site is in an ideal spot to attract jobs and investment.”
The new park becomes a close neighbor to Beaver Dam’s 151 Business Park. Alliant Energy officials say they will continue to work with the city to market the land in the city-owned industrial park to expanding businesses as the company believes the two parks complement each other.
“We are targeting large business projects that require 50 to 100 acres or more of land,” said Crain. “This property will be one of the few in the state that can meet that need.”
In addition to bringing more jobs and investment, the company says that it hopes to attract large energy users, allowing them to disperse energy costs for customers and keep costs competitive, which will – in turn – help fuel more economic development.