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The "Retail Project" is
located in the city of Sun Prairie, Wis., a suburb located on the
eastern edge of the Madison Metropolitan Statistical Area. |
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Approximately 15,000 new
homes will be built with 12 miles of the "Project" with the next 3 year.
This includes Sun Prairie, the fastest growing city (over 10,000 people)
in the state of Wisconsin with a population of over 25,000 people. |
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400-500 annual housing
starts are projected for the city of Sun Prairie. This does not take
into account the city of Madison, or the other 7 communities within a 15
mile radius. |
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MAJOR EMPLOYERS
(abbreviated) |
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Within 1.5 miles: |
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American Family Mutual Insurance
Group (HQ's) |
3,600 |
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Alliant
Energy (HQ's) |
1,100 |
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Sun
Prairie School District |
1,000 |
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General
Casualty Insurance Co. (HQ'S) |
801 |
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Goodyear |
306 |
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Royal
Printing |
200 |
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Within 5 miles: |
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Oscar
Mayer Foods - Division of Kraft Foods |
2,500 |
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Madison
Area Technical College |
1,800 |
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Covance,
Inc. |
1,500 |
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Air/Army
National Guard |
500 |
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Bell Laboratories, Inc. |
300 |
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The American Center,
an 840 acre business park with over 50 businesses, is located 1.5 miles
from the “Project”. With more than 6,500 employees, the American Center
is projected to employ more than 15,000 people within the next four
years. The American Center is the largest employment base in Dane
County. |
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The University of
Wisconsin Hospital and Clinics purchased 16.54 acres in the American
Center in 2005 and plans to purchase an additional 25.46 acres in the
coming years to build a full service hospital. It is rumored that this
facility will employee up to 10,000 people. |
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Average
household income: 3 mile = $74,693; 5 mile = $74,095; 15 mile = $69,678 |
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The project is
strategically located to air and transport infrastructure, being within
2 miles of Interstates 90-94 & 39; within 3.5 miles of Dane County
Regional Airport; and on Hwy 151 (to be given Interstate status) with a
2002 traffic count of 47,900 vehicles per day. |
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The Madison Area
Technical College has an attendance of 29,000 students and is located
within 4 miles of the project. |
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Approximately on third of the greater Madison workforce - more than
73,000 people- are employed in local, state or federal government jobs. |
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The existing
residential population is characterized by high-value homes. Median home
prices in Dane County have increased 38 from 2000 to 2005, from $148,400
to $204,200. |
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The cities
of Madison and Sun Prairie are located in Dane County. |
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The
Sun Prairie School District serves more than 5,600 students in grades
K-12. The district has frown at an
average rate of 3 annually, which is higher than Dane County, and
significantly higher than the State of Wisconsin. |