Park Towne News & Notes
Joe
Development News for the Week of: 3/30/19 - 4/19/19

STATE DELIVERS $23.4 MILLION IN TAX CREDITS FOR MADISON AFFORDABLE HOUSING PROJECTS

Madison's Affordable Housing Initiative got another multimillion-dollar boost from the state, although just two of four projects seeking critical financial support received it.
- Wisconsin State Journal
 
 
Three developers are offering proposals for big mixed-use projects priced between $38.2 million and $52 million above a public underground parking garage nearing completion at Judge Doyle Square in Madison's Downtown.
- Wisconsin State Journal
 
 
There were fancy cupcakes, by the thousands, at Epic Systems Corp. in Verona on March 22 and if there had been candles, they would have burned with 40 flames for Epic founder Judy Faulkner to blow out.
-Wisconsin State Journal 


For the first time, city officials have asked a developer to analyze potential sunlight glare that would come off a proposed glass-dominated development on the Near East Side.
- Wisconsin State Journal
 
 
The city of Fitchburg is looking to the long-awaited reconstruction of Fish Hatchery Road - which will to begin this fall and run through spring 2021 - to transform its dingy, bumpy stretch of the urban thoroughfare into a vehicle-, bicycle- and pedestrian-friendly corridor.
- Wisconsin State Journal
 
WELTON ENTERPRISES EYES VERONA LAND FOR MAJOR MIXED-USE DEVELOPMENT
 
Welton Enterprises and SSM Health have been in the news and a topic of neighborhood discussion for their proposals to develop neighboring properties on South Park Street.
-The Cap Times
 
 
It's taken much longer than expected for Madison officials to find a developer for its Truman Olson property on South Park Street, heightening neighborhood concerns about food access, as the development is meant to provide a grocery store.
-The Cap Times


Around the State and Points Elsewhere  


Upscale apartments to be built at Franklin's Ballpark Commons mixed-use development would receive over $19 million in city financing help under a new proposal.
-Milwaukee Journal Sentinel


A former school on Milwaukee's north side would be converted into 60 apartments under a new proposal pending before city officials. It would be the latest project after the expiration of a two-year mandate that empty Milwaukee Public Schools buildings be sold only to "educational operators."
-Milwaukee Journal Sentinel
 
   
A new $150 million downtown Milwaukee apartment high-rise would have an unusual feature: a large number of units with affordable, below-market rents.
Perhaps even more unusual is the developer - the city Housing Authority.
-Milwaukee Journal Sentinel
 
 
The only three-bedroom unit at downtown Waukesha's new Martin Street Apartments comes with, shall we say, some history. It was once the home of Grace Lusk - who was convicted of second-degree murder just over a century ago for killing her lover's wife in a high-profile case.    
-Milwaukee Journal Sentinel  
 
 
The city is bringing a condemnation case against the former Northridge Mall - an effort that could eventually help redevelop the long-closed property on Milwaukee's far northwest side. 
-Milwaukee Journal Sentinel 
 
 
The conversion of downtown Milwaukee's former Grand Avenue mall would receive $9 million in city cash to pay for a new plaza and other public improvements under a plan endorsed Tuesday. 
-Milwaukee Journal Sentinel 
 
 
A 300-unit upscale apartment development is being proposed in Oak Creek - the latest in a series of larger such projects in that community. 
-Milwaukee Journal Sentinel  
 
A developer has dropped his proposal for a large Bay View mixed-use project that was opposed by some residents and Ald. Tony Zielinski.  
-Milwaukee Journal Sentinel 
 
 
A planned mixed-use development in Wauwatosa, including an electric car showroom, has been rejected by city officials partly over concerns that it wouldn't bring enough activity to the site.
-Milwaukee Journal Sentinel