The Wedge Innovation Center
Innovation. It drives everything we do these days, from medical cures and environmental protections to culture and the arts. Today, Illinois Governor J.B. Pritzker joined AltonWorks CEO John Simmons and President Jayne Simmons to announce the establishment of the Wedge Innovation Center in downtown Alton.
The Wedge Innovation Center and Elfgen Building, formerly known as the Wedge Bank Building will include retail and café on the first floor facing Broadway in the Elfgen The Wedge and Elfgen buildings will be connected in the renovation. On the second and third floor of the Elfgen, office space will be constructed for use by start-up and small, growing companies that could benefit from a collaborative, coworking spaces. Once these companies grow in size, they have the option of moving to larger spaces on the fourth floor, which will feature a coworking lounge and access to a roof deck terrace lounge. The Wedge Innovation Center will house its management office in the Elfgen Building.
The offices will include technology support, working spaces, private cubicles, conference rooms, and lounges. Tenants will share resources for a more economical leasing option. Construction began in the fall of 2022 and is expected to be completed in early 2024.