December 7thย Marks One Year Since Construction on Wedge Innovation Center Began
ALTON – One year ago today, Dec. 7, 2022, AltonWorks began construction on the Wedge Innovation Center, AltonWorks’ signature catalytic project. The project brings together two historic buildings and revitalizing them into one modern collaborative space designed to serve as a social impact incubator, accelerator, and coworking space. The Wedge will also serve as a workforce training center, digital hub for the $20 million fiber network and will help move Alton into the digital economy. The Wedge is scheduled to open in the fall of 2024 and will support early-stage, growth-driven companies through education, mentorship, and financing. It will house startups, space for individuals or teams, and more established companies that want to accelerate their businesses or develop new technologies, products, or systems. Approximately 170,000 hours of labor will be spent on the renovation of the Wedge over about 18 months of construction. Labor will account for about 65% of the
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