La Crosse Area Development Corporation

LADCOs MissionThe La Crosse Area Development Corporation serves a triad of development throughout the La Crosse Area: the attraction of businessthe retention of business and industryand co-management of the Coulee Region Business Center, small business incubator.

LADCO Project OverviewI.C. SystemCoulee Region Business CenterAdvanced Fiber ProductsRiver SteelLakeview Business Park

LADCO EventsKeynote SpeakerRichard McCreary, President/CEOMarinette Marine Corporation

Thursday, September 9th, 7:00 a.m.Radisson Hotel Ballroom

Annual MeetingEconomic ForumTM SeriesOktoberfest in the CapitolLa Crosse Area Promotion Day

Business Plan Competition14th Annual Competition35 award winning business plansMajority in operation today2010 awards presented at Industry Appreciation Breakfast Sept. 9th

La Crosse Industrial Park Corp. (LIPCO) Partnership between the City of La Crosse, Xcel Energy and LADCO

Involved in economic development projects where real estate is the deciding factor

Five year lease arrangements with buyout provisions

Past Project: 2nd & KingPast Project: PACAL Industries

LIPCO Plant 6 - Before

LIPCO Plant 6 - After

LIPCO Plant 6 Project FactsSite Size: @ 12 AcresAnticipated Redevelopment Value (to be articulated by follow-on developer): $15 - $18 millionProject Grants:WI Department of Natural Resources - $250,000WI Department of Commerce - $165,000Environmental Remediation: to be completed by Trane CompanySite Availability: Fall 2010

Empire Builder High Speed Rail CoalitionHigher Speed & More Frequent Rail Service along the Existing Mississippi River Route

Advantages of Empire Builder Route Amtraks most Successful Long Distance Route20% local cost share will be shared equally between WI & MN based on miles of track in each state WI & MN need to rally behind most cost effective & shovel ready route to avoid loosing federal funding to competing corridors across the countryExisting Passenger Level Trackage that requires less infrastructure upgradesExisting Right-of-Way to accommodate Double Trackage which is critical in maintaining Freight & increased Passenger service simultaneously

March 18, 2010

High Speed Rail: A Conversation with Talgo & Amtrak" Derrick James, Amtrak Senior Government Affairs DirectorJoshua Coran, Talgo Director of Operations

Other High Speed Rail Advocacy EffortsJoint Communiqu with West Central High Speed Rail Coalition (Eau Claire Route Supporters)Advocating for:Additional focus on passenger rail serviceAdditional service on the Empire Builder Route ahead of high speedCommuter service between Eau Claire and Twin Cities

Student Survey of Business UseBusinesses are very interested in utilizing high speed railFrequency is a critical component to making this a viable alternative

Over 50 letters of support from local business and over 1800 petition signatures

Multiple News Advisories and communications to Elected Officials

Milwaukee Bucks vs. MN Timberwolves Train Trip/ Meeting with Senator Kohl

Route Decision & ImplementationRoute Alternatives Study (Service Level NEPA)Completion Date: 2011Being Completed by a consultant under contract with WI DOT & MN DOTProcess/ Outcomes:Data-driven process to select the most feasible and cost-effective routes (likely up to 4 routes)Once complete, states can to apply for subsequent corridor development funding Next Steps & TimelineEnvironmental Engineering: @ 5 years; beginning as early as 2011 - 2012High Speed Travel : As early as 2016 - 2018Additional Trains: Could be added sooner, at current 79 mph(Source: Research by Tom Faella La Crosse Area Planning Commission; MN Rail Plan, FRA, etc)