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Locational Advantages for Corporate Relocation
VILLAGE EAST TROYOF
A VILLAGE PARTNERSHIPThe Village of East Troy is initiating an active engagement process to assist new businesses that can benefi t from and contribute to a high quality, well-managed, and talented community. The Village is fi rmly committed to supporting and growing innovative businesses and creating new, high-paying jobs through business expansions and new business start-ups.
The Village of East Troy and its partners will work to assist you in learning about the community, the available sites, and available programs that your business may be eligible for.
The available sites in the Village have established and planned infrastructure to accommodate current and future business needs.
BUSINESS PARKPHASE I
BUSINESS PARKPHASE II
Village Owned82 acres
STH 120 WESTVillage Owned
84 acres
120
VILLAGE SQUARERestaurants & Retail
HONEY CREEK ROAD
DRIVE TIME5 MIN. / 1 MI.
21,900 AADT
6,100 AADT
43
QUALITY INN & SUITES
HONEY CREEK APARTMENTS
AURORA HEALTH AURORA HEALTH CENTERCENTER
TID #4TIF AVAILABLE
OUR PLACE ON THE I-43 CORRIDOR
The Village of East Troy is an integral link in the I-43 Corridor extending out of Waukesha into Walworth County. With historic neighborhoods, spacious living, active commercial corridors, unique amenities, multiple industrial parks, and strong multi-modal transportation access
P3 LEADS THE WAY. TOGETHER WE SUCCEED.Public-private partnerships (P3) are a central component of the Village of East Troy’s economic development strategy. The Village recognizes that continued growth will be dependent upon the enduring relationships created between local leaders and the business community. Key partnerships include the East Troy Area Chamber of Commerce, Walworth County Economic Development Alliance, Wisconsin Economic Development Corporation, and Milwaukee 7.
The new Tax Increment District (TID) No. 4 will help provide infrastructure and incentivize corporate relocation to the Village’s Business Park. The Village is currently pursuing the creation of a community development authority (CDA) to aid in reinvestment and revitalization.
(including an airport), East Troy provides a competitive advantage for companies looking for a new location. The Village’s two corridor interchanges provide easy access for passenger and freight traffi c to the city of Milwaukee and the I-94 corridor that connects Milwaukee to Chicagoland.
EASTTROY
MADISONMILWAUKEE
RACINE
KENOSHAWISCONSIN
ILLINOIS
94
43
94
TO WAUKEGAN & CHICAGO (IL)
BELOIT
DELAVAN ELKHORN(Gateway Technical College)
WAUKESHA
JOHNSONCREEK
JANESVILLE
FORTATKINSON MUKWONAGO
WHITEWATER(UW-Whitewater)
TO ROCKFORD (IL)
Lake Michigan
BURLINGTON(Gateway Technical College) 20
strong multi-
TaVau
HISTORIC VILLAGE SQUAREHistoric places can’t be generated everywhere. East Troy is fortunate to have preserved its historic Village Square as a place of prominence for the community. This historic centerpiece is only a fi ve-minute drive away for daily enjoyment by the community – residents, employees, and visitors.
The Historic Village Square and trolley history are vibrant aspects of East Troy’s culture. As the community grows, new companies will be welcomed and can contribute to and strengthen its culture as a community member.
East Troy’s First Fridays off er a full calendar of activities and events from May to November. Food trucks, a family movie night, a salsa making competition, and open mic karaoke all enliven the Village Square uniting the community – residents, employees, and visitors to East Troy and its amenities.
A diverse and vibrant group of businesses surround the Village Square with daily off erings of local organic foods, boutique restaurants, custom shops, and historic destinations. Modernity meets history with J. Lauber’s Ice Cream Parlor, the East Troy Railroad Museum, 2894 On Main, and many more.
OPPORTUNITY & AMENITIES
MILWAUKEE MADISON CHICAGO
Via I-43 North, customers and truck traffi c can easily access the Marquette Interchange, the Port of Milwaukee, and General Mitchell International Airport.
The legislators and culture of Wisconsin’s State Capital are within reach. Day trips can be effi ciently scheduled to sit with industry groups and business partners.
The Chicagoland region is just over the Wisconsin-Illinois border with access via I-94, an Amtrak Hiawatha station in Sturtevant, and a Metra station in Kenosha.
38 MIN. / 36 MI. 75 MIN. / 63 MI. 2 H. 30 MIN. / 93 MI.
VARIETY OF AVAILABLEHOUSING OPTIONS
AWARD-WINNINGSCHOOL DISTRICT
ABOVE AVERAGEHOUSEHOLD INCOME
East Troy’s beloved school district prepares the next generation to be engaged and educated citizens. Starting with kindergarten education, employees will have access to reliable care for their youngest family members. The school district has created a holistic environment where student needs are met no matter their grade level.
With a strong housing portfolio, East Troy can accommodate the needs of a diverse workforce. Homes and their neighborhoods vary in character from historic, tree-lined streets on traditional lots to picturesque country living in larger subdivisions. High-quality multi-family apartments provide rental units for younger employees, individuals looking to downsize, and or those that appreciate the fl exibility.
At $74,266 per household, the strength of East Troy’s purchasing power extends outward along the I-43 corridor. With a population of both blue- and white-collar employees, the opportunity exists to capture signifi cant market share. When considered alongside the thriving small business community, your business can fi nd its new home in the local, growing economy.
GRADUATE ORPROFESSIONAL DEGREE
8%
SOME COLLEGE24%
BACHELOR’S18%
ASSOCIATE’S10%
East Troy is a Heartland Community infused with the Wisconsin Work Ethic. A strong contingent of families characterized by middle class values are the driving force behind an award-winning school district and prosperous manufacturing and construction economies.
The Career and Technical Education (CTE) program at East Troy High School is a robust feeder for the local talent pipeline, which includes in-house training and apprenticeships at local companies and continued training at Gateway Technical College and UW-Whitewater.
With the high school’s state-of-the-art prototyping and fabrication facilities at its Fab Lab, students, local businesses, and community members benefi t from the ability to develop products and components to fi t their specifi c needs.
EDUCATIONAL SERVICES
ACCOMMODATION & FOOD SERVICES
RETAIL TRADE
HEALTH CARE & SOCIAL ASSISTANCE
MANUFACTURING
10%
11%
12%
12%
31%
TOP FIVE NAICS INDUSTRY SECTORS
EDUCATIONAL ATTAINMENT
2,120 IN VILLAGE’SLABOR FORCE
E M P L O Y E E S
AC
CE
SS
EAST TROY INDUSTRIAL LANDACCESS BALANCE SHOVEL READYImmediate access to I-43 allows for unobstructed truck traffi c to achieve production and delivery effi ciencies. Large intersections and low daily traffi c volumes on STH 120 and Honey Creek Road facilitate ingress and egress on wide rural roads.
The Village balances the mix of manufacturing and industrial users in specifi c locations with residential and commercial users elsewhere. The East Troy Business Park was specifi cally designed and platted to allow for users with diverse formats and space programming needs.
Pre-graded sites with commercial and industrial zoning and ample access with 36-foot wide internal roads create ideal, shovel-ready land.
East Troy’s water and sewer rates are comparable to other area communities. Existing and planned water and sanitary sewer infrastructure off er fl exible options for companies wishing to locate at a specifi c site in the village.
WATER & SEWER COSTS*Quarterly Water Volume ChargesFirst 60,000 Gallons $4.40 per 1,000 gallons
Next 5.94M Gallons $3.25 per 1,000 gallons
Over 6M Gallons $2.45 per 1,000 gallons
Sewer Volume Charge $8.38 per 1,000 gallons
*Quarterly service charges apply.
BUSINESS PARKPHASE I
BUSINESS PARKPHASE IISTH 120 WEST
Village Owned84 acres Village Owned
82 acres
43
120
HONEY CREEK ROAD
QUALITY INN& SUITES
TID #4
21,900 AADT
6,100 AADT
TOW
NV
ILLA
GE
TO VILLAGE SQUARERestaurants & Retail
HONEY CREEKAPARTMENTS
###IDIT ##DDTIT 44##4###
AVAILABLE SITESCo-located along STH 120 with adjacency to I-43 on-off ramps, East Troy’s available business and industrial land provides opportunities for parcel customization alongside previously platted, shovel-ready parcels. With high visibility and effi cient turning movements for truck traffi c, the sites can easily accommodate customers, employees, and shipping/receiving.
With a total of 223 acres available, the sites can satisfy a variety of user needs. Coupled with the Village as a partner, the availability of TIF via TID No. 4, and the community’s talent pool, East Troy is primed for corporate re-location or expansion.
MILL RATEVillage of East Troy 0.02125****2017 rate, 94.29% assessment
BUSINESS PARK – PHASE I
TID #4
16.7 acresDivisible
SOLD
SOLDSOLD SOLD
SOLD
SOLD
SOLD
18.2 acresDivisible
5.4acres
2.4acres
1.92acres
6.9 acres
SOLD
2.9acres
3acres
43
120
HONEY CREEK ROAD
TOW
NV
ILLA
GE
###IDIT ##DDTIT 44##4###
UTILITIES & POWERGas & Electric: WeEnergiesTelecommunications: CenturyTel or Spectrum
ACCESSDirect connetion to I-43 and Highway 120, Highways 20 and 11 nearby
INFRASTRUCTURE » Public Water and Sewer adjacent to property » Business Park Street width to accommodate
truck traffi c
INCENTIVES » TIF available via TID No 4 » Partnership with Walworth County Economic
Development Alliance with potential access to loan funds and other resources
LAND USE & ZONINGMultiple zoning districts including: LI - Light Industrial & HB - Highway Business
SITE CONTROLNAI MLG Commercial
CONTACTVytau Barcas [email protected]
Barry Chavin, [email protected]
WATER & SEWER COSTS*Quarterly Water Volume Charges
First 60,000 Gallons $4.40 per 1,000 gallons
Next 5.94M Gallons $3.25 per 1,000 gallons
Over 6M Gallons $2.45 per 1,000 gallons
Sewer Volume Charge $8.38 per 1,000 gallons
*Quarterly service charges apply.
MILL RATEVillage of East Troy 0.02125**
**2017 rate, 94.29% assessment
BUSINESS PARK – PHASE II
TID #4
Parcel Size82 acres
Available Site
43
120
HONEY CREEK ROAD
TOW
NV
ILLA
GE
###IDIT ##DDTIT 44##4###
UTILITIES & POWERGas & Electric: WeEnergiesTelecommunications: CenturyTel or Spectrum
ACCESSDirect connetion to I-43 and Highway 120, Highways 20 and 11 nearby
INFRASTRUCTURE » Public Water and Sewer adjacent to property » Business Park Street width to accommodate
truck traffi c
INCENTIVES » TIF available via TID No 4 » Partnership with Walworth County Economic
Development Alliance with potential access to loan funds and other resources
LAND USE & ZONINGLI - Light Industrial
SITE CONTROLVillage of East Troy
CONTACTEileen SuhmVillage Administrator(262) [email protected]
WATER & SEWER COSTS*Quarterly Water Volume Charges
First 60,000 Gallons $4.40 per 1,000 gallons
Next 5.94M Gallons $3.25 per 1,000 gallons
Over 6M Gallons $2.45 per 1,000 gallons
Sewer Volume Charge $8.38 per 1,000 gallons
*Quarterly service charges apply.
MILL RATEVillage of East Troy 0.02125**
**2017 rate, 94.29% assessment
STATE HIGHWAY 120 WEST
UTILITIES & POWERGas & Electric: WeEnergiesTelecommunications: CenturyTel or Spectrum
ACCESSDirect connetion to I-43 and Highway 120, Highways 20 and 11 nearby
INFRASTRUCTURE » Public Water and Sewer adjacent to property » Business Park Street width to accommodate
truck traffi c
INCENTIVES » TIF available via TID No 4 » Partnership with Walworth County Economic
Development Alliance with potential access to loan funds and other resources
LAND USE & ZONINGBP - Business Park
SITE CONTROLVillage of East Troy
CONTACTEileen SuhmVillage Administrator(262) [email protected]
TID #4
Parcel Size84 acres
Available Site
43
120
HONEY CREEK ROAD
TOW
NV
ILLA
GE
###IDIT ##DDTIT 44##4###
WATER & SEWER COSTS*Quarterly Water Volume Charges
First 60,000 Gallons $4.40 per 1,000 gallons
Next 5.94M Gallons $3.25 per 1,000 gallons
Over 6M Gallons $2.45 per 1,000 gallons
Sewer Volume Charge $8.38 per 1,000 gallons
*Quarterly service charges apply.
MILL RATEVillage of East Troy 0.02125**
**2017 rate, 94.29% assessment
Source: Walworth County Land Information Division
CONTACT THE VILLAGE
Eileen SuhmVillage Administrator
2015 Energy DriveEast Troy, WI 53120
General | 262-642-6255 Direct | 262-684-5482
[email protected] www.easttroywi.gov