News and NotesConservancy Place - DeForest, WI


Park Towne Development: News & Notes

Tomorrow begins the 2012 Parade of Homes here in Madison. The Rivers Turn neighborhood at Conservancy Place is one of six sites in the area. Our site features homes from Degnan Design Builders, Midwest Homes and Timberlane Builders. For more information visit the Madison Area Builders Association page here: 2012 Parade of Homes

Have a great week!

Joe

PS The golf team made a big comeback on the second day of state but could not get past Edgerton, taking second!
 
Development News for the Week of:    6/2/2012 -  6/8/2012  
MADISON-BASED SHOUTLET GETS $15M INVESTMENT; WILL HIRE 100 OVER NEXT 1.5 YEARS

 

Shoutlet, a Madison social media marketing company, has announced a $15 million investment that will let the company hire 100 people in Madison over the next year and a half and open offices in Milwaukee, New York and San Francisco.

  

 

More than a year ago, then-Dane County Executive Kathleen Falk announced the launch of a study to determine the interest and feasibility of a packaging facility that would wash, pack, label, distribute, and market locally grown produce. 

  

 

In a welcome - if relatively tiny - new strike against dilapidated and dangerous abandoned homes in the state, the Wisconsin Housing and Economic Development Authority this week began advertising a $1 million fund to eliminate blighted housing throughout the state. 

  

  

Hilldale shopping center has a new owner. WS Development, of Chestnut Hill, Mass., took control of the upscale, West Side shopping center on Monday after Dane County Circuit Judge John Albert confirmed the purchase for $52 million.

  

ERIK'S BIKE SHOP'S NEW CUSTOM-DESIGNED MADISON SITE A 1ST FOR COMPANY 

 

Erik's Bike Shop has grown since the late 1970s from a barn in Richfield, Minn., into 18 stores in Minnesota and Wisconsin, but they have been located in strip malls and other leased spaces.

That is about to change.

  

 

At 67, the mayor is a Madison icon -- part philosopher, part historian, part political scientist. His takes are steeped in historical context and strong language.

  

 

After being on hold for nearly three months, developers announced revised reconstruction plans for the 100 block of State Street at a press conference Friday. Developers Pleasant Rowland and W. Jerome Frautschi, together with the Block 100 Foundation, submitted plans in October 2011 for a $10 million project to reconstruct the State Street area.

  


Philanthropists Jerry Frautschi and Pleasant Rowland dropped a controversial plaza from their ambitious downtown redevelopment plan to save two historic buildings and wow public officials.

 

DANE COUNTY HOME STARTS RISE ALMOST 27 PERCENT IN MAY, AS 2012 CONTINUES STRONGEST HOME-BUILDING PACE IN FOUR YEARS 

 

Home starts across Wisconsin from January through May were the highest in the past four years, according to MTD Marketing Services of Menasha. Dane County also saw a 26.5 percent rise over last May.

 

ON CAMPUS: UW-MADISON WILL OPEN SHANGHAI OFFICE MONDAY 

 

UW-Madison will open the doors to its first foreign office Monday: the UW Shanghai Innovation Office.

 

ALLIANT BUYS ITS HEADQUARTERS 

 

Alliant Energy is now the proud owner of its own corporate headquarters building.For the past 10 years, Alliant's offices have been at 4902 N. Biltmore Lane, in the American Center business park.

 

UNION CORNERS, LIBRARY PLANS

 

The Madison Union Corners Committee will get a staff presentation on a city request for proposals to redevelop the vacant, 11.4-acre Union Corners property at the intersection of East Washington Avenue and Milwaukee Street at 5:30 p.m.

 


MADISON DOESN'T HAVE MANY PLACES TO DO ART, BUT THAT MAY BE CHANGING 
The new People's Art Collective features a bright gallery space near the entrance. But wander through and you'll find the building's heart and soul: 3,000 square feet of warehouse space with ceilings 12 feet high, outfitted for artists who need space, storage and a no-frills, month-to-month lease to do their work. 

 

  

 

 

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 Around the State and Points Elsewhere 
CHINESE DEVELOPER UNVEILS REPLICA AUSTRIAN VILLAGE

A group of Austrians whose scenic mountain village has been copied down to the statues by a Chinese developer attended Saturday's opening in China for the high-end residential project but were still miffed about how the company did it.

 

BROWN DEER PROPERTY OWNERS VOICE DISPLEASURE OVER FUNDING STREETLIGHTS | FUNDS WERE CUT FROM VILLAGE BUDGET FOR ZERO PERCENT LEVY INCREASE

 

Both residents and business owners facing streetlight operations and maintenance assessments turned out to voice their objections at Monday night's Village Board meeting. Their properties are located along Bradley Road, Teutonia Avenue and North Sherman Boulevard in Tax Incremental Financing District 2.

 

PLEASANT PRAIRIE DROPS INNOVATION CENTER

 

The Pleasant Prairie Village Board decided Monday to not develop a proposed innovation center for start-up biomedical companies. The project would have been partially paid for by a $3.5 million federal grant from the U.S. Economic Development Administration. 

 

FALLS POISED TO BUY LAND AT KOHL'S POSSIBLE HQ SITE

 

Menomonee Falls is set to buy two vacant parcels at Woodland Prime office park, where Kohl's Corp. has considered developing its new corporate headquarters. Menomonee Falls is set to buy two vacant parcels at Woodland Prime office park, where Kohl's Corp. has considered developing its new corporate headquarters.

 

OAK CREEK MAY RESCIND FINANCIAL SUPPORT FOR HOTEL PROJECT

 

The Oak Creek Common Council is poised to withdraw a preliminary plan to provide financing help for a Sheraton Four Points hotel after the developer was named in a foreclosure suit. The Oak Creek Common Council is poised to withdraw a preliminary plan to provide financing help for a Sheraton Four Points hotel after the developer was named in a foreclosure suit.

 

BUFFETT SEES LITTLE CHANCE OF US RECESSION

 

Despite recent signs of weakness, the U.S. economy isn't likely to slip back into a recession, Warren Buffett said Tuesday. He also said both political parties deserve blame for the federal government's failure to reduce the deficit. 

 

CABELA'S SIGN LEASE FOR GREEN BAY STORE

  

Cabela's has signed a lease for its new store near Green Bay, the third Wisconsin location for the hunting, fishing and outdoors retailer. The company announced plans in May for the new store on Highway 41 and Lombardi Avenue in the village of Ashwaubenon.

 

MENOMONEE FALLS TO PURCHASE 33 ACRES IN WOODLAND PRIME

 

The Village Board voted to purchase just over 33 acres of commercial real estate in the Woodland Prime office park at a deep discount. The land purchase is part of the village's overall strategy for development within that office park, which is also a taxing district created last fall.

 

PLAN COMMISSION OKS APARTMENTS FOR STUDENTS

Plans for a four-story apartment building geared toward college students could alleviate congestion at a busy Eau Claire intersection. 

 

EXHIBITION CENTER DEVELOPMENT EXPECTED TO MOVE AHEAD DESPITE PAPER VALLEY HOTEL DEFAULT

The default of a $27 million balloon mortgage payment by the owner of the Radisson Paper Valley Hotel in Appleton won't derail plans for a downtown exhibition center, Mayor Tim Hanna said.