Foxconn's groundbreaking to bring a range of emotions for local homeowners

Posted at 5:44 PM, Jun 27, 2018
and last updated 2018-06-28 07:10:11-04

President Donald Trump and other dignitaries will be on hand Thursday as Foxconn breaks ground on its $10 billion manufacturing plant in Racine County.

Hundreds of construction machines are in place to transform the landscape over the next few years. 

While Thursday marks the beginning of Foxconn, it also symbolizes the end of a long year run for the Bowers. 

"I'm not excited about it," Tom Bower said. "Trump is going to come, so what?"

Tom and Pearl Bower have lived in their two-story white home that sits on 17-acres for the past 58 years.

They're one of dozens who sold homes to the village of Mount Pleasant last month and plan be out by the end of July for it to be demolished. The move is urgent as the Bowers home sits in phase one of the project. 

"I don't want to be here when they do that because it will break my heart," he said.  

At First Weber realty the mood is much different. A sign that reads 'Welcome Foxconn" hangs on their storefront. 

"With Foxconn being here it's going to amplify the market," said realtor Mark Gregory. 

Gregory says with Foxconn's expected 13,000 jobs plus millennials starting to buy, the median home sale price in Racine County has gone up $12,500 over the past year. 

There's a question of if Racine County will have enough homes to keep up with the number of jobs coming with Foxconn.

 "I don't believe so, but like anything when there's a demand, developers will come," Gregory said.  

Gregory expects Foxconn will impact the housing market from Milwaukee down to Kenosha.