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FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

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Page 1: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

FEASIBILITY STUDYFOR A

LAKE SUPERIORTECHNOLOGY PARK

Sponsoring Organization:

Wisconsin Innovation NetworkLake Superior Chapter

Page 3: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 4: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 5: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

“THE VISION”It is the year 2029. Our quality of life and intergovernmental cooperation has strengthened Ashland’s image as “Lake Superior’s Hometown” and its role as a regional “hub” that has led the way in the growth of our industrial, commercial, and service based economy.

We strongly support and promote our existing organizations and have laid the groundwork for technology transfer to our designated “Research Park” adjacent to Northland College and the Wisconsin Indianhead Technical College.

Improved housing options have followed increased job growth and retirees continue to return and become part of our quality of life.

Redesign and modernization of U.S. Highway 2 has enhanced its proximity to Main Street and the waterfront. The Beaser Avenue upgrade has not only improved access and safety to our schools and Medical Center; it has fostered the linkage of our colleges, school district and Medical Center and integrated a city wide bicycle path and walking trail which includes the most scenic portion of Bay City Creek into a trail system that incorporated the waterfront with the body of the city.

We are proud of how we dreamed it, planned it and did it.

Author: Dr. Fred Tidstrom

Page 6: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

CONSORTIUM

Memorial Medical CenterAshland, WI

Gogebic Community College

Ironwood, MI

Northland CollegeAshland, WI

School District of Ashland

University of WisconsinSuperior Campus

City of AshlandAdministration

Wisconsin Indianhead Technical CollegeAshland Campus

University of WisconsinStout Campus

Page 7: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

EXECUTIVE SUMMARY(Abbreviated)

The Lake Superior Chapter of WIN, with support from the City of Ashland and the Oredocker Foundation, initiated a feasibility study with C&S Design & Engineering, Inc. of Ashland, WI, to develop a Technology Park in the Lake Superior Region, located specifically in Ashland, Wisconsin. This planned development would provide a place for technology-based businesses to commercialize their research and innovations. The proposed Technology Park could provide a link between the University Research Park (URP) in Madison, WI, and the Lake Superior region and foster the Wisconsin Idea, which states, “The boundaries of the University are the boundaries of the State.”

A Technology Park would provide the Lake Superior region with quality, 21st century jobs that would help in developing and enhancing the regional economy. Infrastructure, availability, workforce development, and educational institutions would be key parts of the Technology Park, along with networking for financing and business development. This facility would be a great asset to the Lake Superior Region.

Page 8: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 9: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Established road (view to west)running through the 40 acre parcelwhich will serve as theTechnology Park in Phase I.

View (looking northwest) in the Technology Park - Phase I.

EXISTING SITE CONDITIONS

Page 10: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

EXISTING SITE CONDITIONS

Stock piled top soil in backgroundfrom when road system wasinstalled.

View (looking southeast) inthe Technology Park – Phase I.

Page 11: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

EXISTING SITE CONDITIONS

Farm Road (view to south)which will serve Phase I andPhase II of this project.

View (looking southwest) showingthe 20 acre parcel available for

future development.

Page 12: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 13: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 14: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 15: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter
Page 16: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

The Binsfield Road Implementation Report, which focused on attracting 21st century, quality jobs associated with transfer of start-up technology innovations from the URP in Madison, was approved by the Ashland City Council in 2007.

Initially establish the management board to take responsibility for this project.

Secure financing, grants, and donations in order to purchase the land and begin construction on the first phase of the building project. It is advantageous to have the land paid for before beginning the construction phase. It is important to keep the debt service down on a project of this type.

Proposed location on Farm Road (60 acres) is most desirable.

KEY POINTS FROM INTERVIEWS

Page 17: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

KEY POINTS FROM INTERVIEWS

Establish a liaison (part time) to aggressively advertise, market, and promote the Lake Superior Technology Park. Secure as many clients as possible in advance.

Start with one building and grow as needed. Be sure to follow the “slow and steady” course.

Make space in buildings flexible to accommodate a variety of potential clients. There seems to be a need to include at least one space with overhead doors and extended clearance.

It is extremely important to collaborate with the City of Ashland, Ashland Area Development Corporation, and Memorial Medical Center, along with Wisconsin Indianhead Technical College, Northland College, UW-Superior, UW-Stout, Gogebic Community College, and the School District of Ashland, and be aware of their programs.

(CONTINUED)

Page 18: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

KEY POINTS FROM INTERVIEWS(CONTINUED)

Need to control cost of space to make it doable for start-up companies. This could be done by establishing a Tax Increment Financing (TIF) district and securing a 10-year lease from tenants.

There seems to be a number of professional people in the area willing to offer support and to mentor clients.

Stay true to the concept and vision of the Technology Park. Don’t be tempted to allow non-tech companies in the park just to fill it up.

Page 19: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

2010 PROGRESS REPORTFOR A

LAKE SUPERIOR TECHNOLOGY PARK

Sponsoring Organization:

Wisconsin Innovation NetworkLake Superior Chapter

Page 20: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

ONE YEAR LATER . . .

Page 21: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Positive events & actions havestarted us on a journey ofpredicting the future by

helping create it!

Page 22: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

completed presentations to the Ashland City Council, the Ashland Rotary Club, Impact Seven, Inc., the Tri County Medical Society, the Lake Superior WIN Chapter, among other local organizations.

presented the vision for this regional growth possibility to the Secretary of Commerce at Superior Days in Madison, WI.

created a regional “Vision Map” for the 7th Annual WIN Entrepreneurs Conference in Milwaukee.

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Page 24: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

created and signed a Right of First Refusal (ROFR) document between P.O.S Leasing, Ashland Area Development Center (AADC), City of Ashland, & WIN-Lake Superior.

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Page 26: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

taken direction from the Whitewater Feasibility Study by North Star Economics that determined that 40% of technology parks that include a business incubator are successful. Our

AADC is a proven business incubator that is in position to grow collaboratively with the proposed Technology Park.

determined that Northland College and WITC are natural partners with AADC to blend an entrepreneurship curriculum with

for- profit companies of the proposed Technology Park.

Page 27: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

designated WIN-Lake Superior Advisory Board as the “Regional Economic Development Committee” by Ashland’s mayor

and City Council, along with the Ashland Area Development Corporation (AADC).

had the surrounding area around the proposed Technology Park improved by Xcel Energy’s new 30 acre development

bringing utilities, road upgrades, and other infrastructure to the area.

Page 28: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

determined that local companies such as C. G. Bretting Manufacturing Co. and companies in the North Star Manufacturing Alliance have the engineering expertise to

advise and assist entrepreneurs in advance manufacturing.

interacted with Impact Seven, Inc. of Almeda, WI, to explore acquisition and marketing avenues to attract entrepreneurs to the region.

Page 29: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

contracted with the UW-Superior Small Business Development Center as the fiscal agency for the 2010 5th Annual

Business & Technology Conference with additional support from the Oredocker Foundation.

initiated a first-time participation in the 7th Annual WIN Entrepreneurs Conference in Milwaukee as a major sponsor.

Page 30: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Over the past year we have…

fostered growth of the newly formed Lake Superior Angel Network.

proposed to the Ashland City Council that the road name be changed from “Farm Road” to “Innovation Way”.

Page 31: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

CURRENT SITE CONDITIONS

Entryway to Technology Parkfrom the North.

Looking south on the newly paved Farm Road (soon to benamed “Innovation Way”).

Page 32: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

Recently constructed Xcel Energy Services Facility.

Stormwater Detention Pond

CURRENT SITE CONDITIONS

Page 33: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

CURRENT SITE CONDITIONS

Xcel’s Entryway located on the East side of the proposed Lake Superior Technology Park.

Looking north on Farm Road(soon to be named “Innovation Way”).

Page 34: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

CURRENT SITE CONDITIONS

Lake Superior Technology Parkwith newly installed road, curb, water and sanitary sewer system.

A pleasant sunset over the Technology Park.

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Page 36: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

SUMMATION . . .

“We believe that Ashland and the surrounding region is the Lake Superior gateway of the 21st century with a sustainable future!”

WIN Lake Superior Chapter Chairman Dr. Fred Tidstrom

Page 37: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

2010 PROGRESS REPORTFOR A

LAKE SUPERIORTECHNOLOGY PARK

Prepared by:

C&S Design & Engineering, Inc.

803 Lake Shore Drive WestAshland, WI 54806

Phone: (715) 682-0330Email: [email protected]

www.csdesignengineering.com

Page 38: FEASIBILITY STUDY FOR A LAKE SUPERIOR TECHNOLOGY PARK Sponsoring Organization: Wisconsin Innovation Network Lake Superior Chapter

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