Page 67 - MACC Guide 2019/2020
P. 67

Rendering of Fairfield Inn & Suites by RATIO


            "CLEAN, SAFE, AND BEAUTIFUL," THOSE ARE THE WORDS MAYOR BOB COURTNEY OF
            MADISON, USES EVERY DAY TO ENSURE THE CITY IS DOING ALL IT CAN TO ACHIEVE A
            GREAT QUALITY OF LIFE AND A GREAT QUALITY OF PLACE.

               To say 2020 has been a challenging year for Economic      Our historic city has attracted many new businesses
            Development in Madison, might be a bit of an     over the past year, bringing everything from fine men’s
            understatement. However, we have continued to meet   and women’s clothing boutiques to new restaurants
            the challenges placed on us by the COVID-19 pandemic.   and an auto-repair shop, to a huge toy store designed to
            We have, in fact, continued to succeed despite those   delight kids from 3-10 years of age. Mad Paddle Brewery
            challenges. In August of 2020, the City of Madison   recently added an in house pizza restaurant called, Pizza
            was awarded a $250,000 grant from the Indiana Office   Uncommon.
            of Community and Rural Affairs through its COVID-19
            Response Program. This money was added to a program      New industries will be able to locate on JA Berry Lane,
            (Mobilize Madison) designed by the City to assist   on the hilltop, where Nelson Family Enterprises LLC, of
            businesses and residents through the pandemic. Mobilize   Sioux City, Nebraska, will build a $2.5 million wholesale
            Madison’s mission is to provide funding for small   food distribution plant on 6.3 acres adding 12 - 15
            businesses struggling to survive the economic impact of   positions to the jobs market, with the potential for growth
            COVID-19. The grant funds are intended to assist with   and improvements in the infrastructure.
            working capital, rent, and other items to keep employees
            on payroll and allow them continue operations through      Renovation of the Eagle Cotton Mill on East Vaughn
            the COVID-19 crisis.                             Drive, built in 1884, continues. The four story, former
                                                             cotton manufacturing mill that overlooks the Ohio
               One aspect of the program helped unemployed workers   River is a $21 million project that will create an 85-room
            that were effected by the pandemic receive jobs in the   boutique hotel operated by Fairfield Inn (illustration of
            city that otherwise would have been completed over   the exterior pictured above). The hotel property plans to
            the summer. Workers helped with trash removal, parks   house a 300+ person conference center, restaurant, and is
            maintenance, street department projects, and other key   expected to be completed in 2021.
            initiatives that allowed them to stay employed and earn
            a wage. In addition, the city had several employers      On the other side of downtown, another significant
            step up and convert their manufacturing facilities from   project is nearly complete. Formerly known as Tower
            traditional product lines to PPE (Personal Protective   Tack Factory, Riverside Tower Apartments will be
            Equipment) supplies such as face shields and protective   a 50 unit senior targeted apartment complex. The
            barriers. This adaptation by the manufacturers allowed   transformation of this previously vacant riverfront
            them to not have any long and significant layoffs.  factory has even revitalized a significant portion of
                                                             the surrounding neighborhood. The Riverside Tower


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