VILLAGE ANNOUNCES CONTINUED GENEROUS OFFERS FOR LOCAL PROPERTY OWNERS

Village celebrates closing on about 1,700 acres, seeks to purchase remaining 1,100 acres

Yesterday, the Village of Mount Pleasant announced that all homeowners impacted by public improvement projects related to the Foxconn project will be offered 140 percent of the fair market value of their properties and that owners of vacant land within the project area will be offered $50 thousand per acre. The announcement comes on the heels of the Village completing closing on about 1,700 acres of land on which the Village held options . “We know the property acquisition and relocation processes are challenging,” said Dave DeGroot, Village of Mount Pleasant President. “As a result, we are making generous, consistent offers to property owners throughout the project area.” As part of the process, all property owners impacted by public improvement projects will receive an appraisal on their property. Property owners will also receive provisions to cover relocation expenses. A number of property owners have already offered to sell property to the Village at these prices. “This is prime property in a desirable location,” said DeGroot. “The amount the Village is willing to give reflects that.” Property owners interested in selling their land should contact Village of Mount Pleasant Project Director, Claude Lois, at 262-664-7860.

GET A SNEAK PEEK INSIDE FOXCONN

Fox 6 recently traveled to Asia to get a sneak peek into Foxconn's operations. Check out the videos below to learn more about what you can expect from Foxconn in Racine County.

PART ONE:  Fox 6 News shows you the model for the Wisconsin project

PART TWO:  Work began in spring on Foxconn plant in China, similar to WI project

PART THREE: Engineers who work for Foxconn in Japan offer insight on the job

FOXCONN ANNOUNCES DOWNTOWN MILWAUKEE HEADQUARTERS

This week, Foxconn announced the purchase of a seven-story office building in downtown Milwaukee. The building, located at 611 E. Wisconsin Ave., will be called Foxconn Place, and will serve as Foxconn's regional headquarters. According to the Wisconsin Economic Development Corporation (WEDC), Foxconn anticipates 870 employees in business support functions in southeastern Wisconsin. While many of these jobs will be in the Village of Mount Pleasant, others will be located at the Milwaukee office space. Check out video from Foxconn's announcement from The Milwaukee Journal Sentinel :

‌