BELOIT, Wis. — A developer is bringing new business to Beloit.
TDC Beloit, LLC is building a $20 million, 200,000 square foot warehouse and distribution center in the Gateway Business Park at 1505 Gateway Blvd. in Beloit. A manufacturer will rent the building when it is done for packaging and distribution.
The land was sold to TDC Beloit by the Greater Beloit Economic Development Corporation (GBEDC), a nonprofit that invests in the area's job creation and economic growth. GBEDC sold the 39.4 acres for $389,000.
The development is projected to create between 50 and 150 new jobs over the next decade.
“This project reflects the strength and potential of the Greater Beloit area as a prime location for economic growth,” said GBEDC President and CEO Drew Pennington. “This $20 million inves