Black Hawk Transport proposes $65K purchase for new headquarters in Bullet area

The Beloit City Council meeting on April 21, 2025, focused on a significant proposal from Black Hawk Transport to purchase city-owned land for a new headquarters. The company is looking to acquire approximately 13 acres at 2001 Gateway for the construction of an office building and a vehicle maintenance facility. Currently, Black Hawk Transport leases space nearby but aims to establish its own facility to support growth in the area.

The proposed purchase price for the land is $65,000, with an estimated investment of $8 million for the construction and improvements. The development agreement includes specific timelines, requiring Black Hawk Transport to begin construction within 12 months and complete the project within 18 months of starting.

To support this development, the agreement offers a grant of up to $200,000 to assist with site preparation costs, such as grading. Additionally, the company would receive a direct developer incentive, which includes a rebate of 30% on property taxes paid for up to 10 years. This incentive is contingent upon the company maintaining 46 full-time positions at the headquarters and adding six more jobs during the incentive period.

This proposal marks a significant investment in the Beloit area, potentially boosting local employment and economic growth. The council's decision on this matter will be crucial for the future development of the site and the local economy.