Park Towne News & Notes
Joe
Development News for the Week of: 1/5/19 - 1/11/19

MADISON MAY SPEND $5.5 MILLION FOR LAKEFRONT PARK PROPERTY

Pursuing a rare opportunity, Madison may soon spend $5.5 million to buy 3.65 acres of shoreline property on Lake Monona next to Olin Park.
- Wisconsin State Journal
 
  CITY, DEVELOPERS DISPUTE TIF NEED FOR NORTH SIDE HOUSING
   
A dispute between the city and a developer over public financial support has derailed a proposed $10.5 million, 58-unit housing project that had been planned for a North Side shopping center.
- Wisconsin State Journal

 
Catalent Biologics Madison, a biotechnology company on the Far West Side, plans to add more than 100 employees as it expands operations for the second time in just over two years.
- Wisconsin State Journal


Concerns remained about a new parking layout in the planned redesign of James Madison Park as city staff offered Wednesday two possible alternatives to the Park Commission that would reduce the prominence of the parking lot.
- Wisconsin State Journal


Looking to end a legal dispute over the Judge Doyle Square development, the Madison City Council on Tuesday approved paying Beitler Real Estate Services $700,000 in exchange for the developer giving up rights over half the Downtown project.
- Wisconsin State Journal


Ending a months-long debate over how to resolve a dispute over the Judge Doyle Square project, the Madison City Council on Tuesday approved changes that would allow the city to take over half of the $186 million development from its development partner, Beitler Real Estate of Chicago.
-The Cap Times  

 

Around the State and Points Elsewhere  
 

A high-end apartment development with about 200 units is in the preliminary planning stages for a large downtown Milwaukee parcel. The midrise building would be developed by Chicago-based Ravine Park Partners on a vacant lot between North Milwaukee Street and North Broadway, just south of East Ogden Avenue.
-Milwaukee Journal Sentinel
 

A Milwaukee electrical contractor is buying a central city property with plans of relocating a nonprofit job training program there. Ezzard White operates One Hope Made Strong Inc., which provides basic training for people interested in the construction trades.
-Milwaukee Journal Sentinel  
 
 
An apartment development financed in part with affordable housing tax credits is being proposed for Oak Creek - a rarity for that South Shore community. 
-Milwaukee Journal Sentinel
 
 
A historic industrial building on Milwaukee's north side would be converted into affordable apartments under a new proposal. Perlick Historic Lofts would have 72 units in the four-story, 70,000-square-foot building at 3100-3112 W. Meinecke Ave., according to plans filed with the Wisconsin Housing and Economic Development Authority.
-Milwaukee Journal Sentinel
 
 
A new proposal to rezone an Oak Creek property from office to manufacturing could be the prelude to Astronautics Corp. of America's possible relocation from Milwaukee.  
-Milwaukee Journal Sentinel  
 
 
Bank Mutual's former downtown Milwaukee office has been sold to a group that will redevelop the property. 
-Milwaukee Journal Sentinel