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Tax incremental district no. 5
The Village of Mount Pleasant’s Tax Incremental District No. 5 (TID 5) is located in the western side of the village boundaries and is conveniently located along the Interstate 94 corridor. The location of TID5 provides easy access to metropolitan Milwaukee and Chicago.
TID 5 was created on November 20, 2017 and includes approximately 3,900 acres of Business Park zoned land which is being marketed as the best shovel ready site in the Midwest. The Business Park zoning is primarily intended to accommodate manufacturing and warehousing buildings, as well as office and commercial buildings commonly found in business parks located adjacent to interstates. Recent area infrastructure upgrades include sanitary sewer improvements, water system improvements, storm water management system improvements, upgraded electric service, public road improvements and extensive grading. These improvements not only make TID 5 an attractive location for many types of high-tech manufacturing and technology uses, but also benefit the entire Village of Mount Pleasant.
Mount Pleasant’s TID 5 is currently home of the Foxconn, Ashley Capital, and Endeavor developments.
At the March 27, 2023, Village Board Meeting, Mount Pleasant announced plans for an agreement with Microsoft Corporation to purchase a 315-acre parcel of land in the Village's Tax Incremental District No. 5. See the official press release HERE.
For news and project information with a local impact, please visit Racine County Welcomes Foxconn or Foxconn Development courtesy of Racine County. Here you will find site plans, development agreements, Tax Incremental Filing information, press releases, and exhibits.
Presentations to the Village Board
- Foxconn June 2020 Update
- Foxconn July 2020 Update
- Foxconn August 2020 Update
- Foxconn September 2020 Update
- Foxconn October 2020 Update
- Foxconn December 2020 Update
- Foxconn January 2021 Update - Reduced File Size
- Wisconn Valley February 2021 Update
- Wisconn Valley March 2021 Update
- TID 5 Q&A - March 2022 Update