MADISON, Wis. (WMTV) -- The redevelopment project at Madison's former Oscar Mayer plant is set to get a financial boost.
The Wisconsin Economic Development Corporation (WEDC) announced Tuesday a $250,000 grant to the city of Madison. The grant will go towards renovating the space known as Building 20, previously a garage and machine shop.
"It's exciting to see what the potential could be to revitalize and reuse such a historic building in the Madison area, in Wisconsin for that matter, that will help to create talent options, to create a space where people can create and to learn and to meet people, to network," said Tricia Braun, Deputy Secretary of WEDC.
The renovations will divide the 58,000-square-foot building into four suites, turning it into a retail space. Renovations will also include sewer and plumbing work, building entryways and making the building more energy-efficient.
State and local officials said they hope the project will help drive Wisconsin's economy forward.
"We have another century or more of good jobs and families that are going to be able to benefit, and the city and the state will benefit from us doing this in a pragmatic and common sense way, thinking about our future while honoring our past," said State Rep. Melissa Sargent (D - Madison).
The Bodgery already started moving into one suite in the building. Owners of the building said they are close to filling at least two more.