All posts by econdev

Bank First National Proposes New Location

The Lester Library could have a new neighbor – Bank First National has proposed to build its new bank building on 1.14 acres on the west end of Lakeshore Park at Memorial Drive and 12th Street – overlooking Lake Michigan. Planning for the 4,000 square foot building is ongoing. 

Renewed Commitment to Economic Development Corporation

The City Council has extended our funding commitment to the Economic Development Corporation of Manitowoc County (EDCMC) for another three years. City funding for 2014-16 will remain at the current level of $24,750 per year. This represents a commitment by our local governments to continue participating actively in a private-public partnership to promote private investment, jobs and economic opportunity in Manitowoc County. A partnership that is business-led, through the time, talents and funding support of local business leaders, who believe it is worthwhile to join together and work with local governments for the common good. A partnership, only eight years old, created after some area business leaders took a look at economic development organizations around Wisconsin and the upper Midwest. What they found was that successful development organizations bring the resources of both the private and public sectors together, to pursue a comprehensive approach to economic development. A partnership that has demonstrated success in working with entrepreneurs wanting to start businesses, with existing businesses wanting to expand, and in reaching out to recruit new businesses. And most recently, in sponsoring and coordinating an industry cluster study, which has identified new economic opportunities in the manufacturing, agriculture, energy and tourism sectors of our area economy.

$500,000 Grant for Seawall and Water Main Repairs

The city has received a $500,000 Community Development Block Grant to replace the failing harbor seawall and a nearby 105 year old water main. The project will rebuild 400 feet of seawall and replace 700 feet of damaged water main. Various sections of the seawall have breached in recent years, causing erosion of the seawall structure. The urgent need to repair this infrastructure qualified for the “Urgent Local Need” category of CDBG grants. Funding for these awards comes from the U.S. Department of Housing and Urban Development. The total project is estimated to cost nearly $2 million and is scheduled to begin in early 2014. 

New Taxi Service

Welcome to Smitty’s Taxi – now operating in Two Rivers. Service 24/7 and they accept major credit cards. They also have a weekly ride program for those who need daily transportation service. Smitty’s is also a member of the Manitowoc County Tavern League Safe Ride program. Their phone number is 920-242-1706.

Bridge Done – Dredging Underway

The brand new 17th Street Bridge was dedicated on August 2, and just days later the dredging work on the East Twin River began. This will serve to increase the attractiveness of the former Hamilton Manufacturing property that is planned for demolition (see below). By garnering state and federal funding, the city saved millions of dollars and was still able to keep a lift bridge at this important location that links our commercial fishing and sport fishing community to the lake, and our downtown and bike trails to Neshotah Beach. The new bridge is also the last one we have to replace in the city for decades to come as all 4 of our bridges have been replaced in recent years.

12.5 Acres to be Cleared in Downtown Two Rivers

Demolition permits have been filed by Thermo Fisher Scientific to remove all 1.2 million square feet (40 buildings) at the former Hamilton Manufacturing plant in downtown Two Rivers. The property is immediately adjacent to the 3.5 acres of land that was cleared by Egger’s Industries when it built a new factory in the city. While future development plans are not clear yet, the site to be cleared lies along the harbor and East Twin River. It is also next to the new $16 million 17th Street lift bridge, which opened on August 1. This fall, the East Twin River along that property (from the Harbor to the 22nd Street bridge) will be dredged to restore the 100-foot river channel to 8.5 feet and clear some of the shoreline to 6 feet. The dredging will help us maintain a viable harbor for our commercial fishing fleet and recreational boating and support redevelopment of our harbor area.