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Park Towne Development: News & Notes

Have a great week!

Joe

Development News for the Week of:    6/9/2012 -  6/15/2012  
DENNIS DAVIDSAVER NAMED VICE PRESIDENT OF COMMERCIAL BANKING AT ASSOCIATED BANK

Dennis Davidsaver has joined Associated Bank as vice president, relationship manager for commercial banking for the southwest region. In this capacity he is responsible for business development and managing a portfolio of commercial customers. 

 

Every year as the weather gets warm, Madison's boaters take to the lakes while the rest of us watch, with a prick of jealousy, from the shore.

  

  

By the end of summer, you may need another place for hand-decorated birthday cakes or fresh kringle pastry. Lane's Bakery & Gift Shop at 448 S. Park St. is for sale as a redevelopment site and will likely close in the coming months, says co-owner Chuck Lane.

 

Qualms about the moral implications of engaging with China - a one-party state with a long history of human rights abuses - seem almost passé these days, even as the university seeks to bring a little justice to another Asian country.

 

Focus on Your Future UW Health, University of Wisconsin, Medical Foundation University of Wisconsin Medical Foundation, a leading academic health system, is looking for professional, energetic and highly motivated Registered Nurses for our RN Healthline Manager and RN Clinical Care Educator...

 

A local business group's survey shows the economy is a big issue for Dane County residents.

 


The amount of money that nonprofit arts and culture organizations in Dane County - and their audiences - poured into the local economy in 2010 was nearly double that of many other communities of comparable size, according to a new national study.

 


Signs will take cars along a detour to avoid the the busy intersection while it is closed from Monday through Aug. 1.

 


Most Madison-area employers expected to maintain their current workforce in the third quarter of this year, according to the latest Manpower Employment Outlook Survey.

 


Information about construction at the U.S. 14 and County MM interchange and the intersection of County M and County MM, as well as replacing a bridge along County M in Dane County, will be on the agenda at a public meeting June 19 from 5:30-7:30 p.m. at the Oregon Village Hall, 117 Spring St.

 

RIP FOR CARPC?

 

A call by the Dane County Towns Association (DCTA) for its members to support dissolving the Capital Area Regional Planning Commission (CARPC) received a cold reception in Windsor.   

 


 Dane County home sales in May soared again for the month and the year, though median sales price barely budged either way. Dane County home sales were up 20 percent in May for the month and the year, but with fewer distressed-property sales.

 

 Dane County foreclosures were up slightly in May, marking the fourth month in the last five with a year-over-year increase in filings.New foreclosure rose 2 percent in Dane County in May -- but 20.4 percent statewide.

 

UW SYSTEM LAUNCHES 5-CAMPUS WATER TECHNOLOGY INITIATIVE

 

A five-campus partnership that aims to put the University of Wisconsin System at the forefront of water research and train more water industry professionals to meet growing regional workforce needs was announced Monday. If water is the new oil, having an abundance of both water and college-educated water technology professionals.

  

 

 



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 Around the State and Points Elsewhere 

DNR SHOULD MAKE FIRM THAT DUMPED WASTE PAY FOR WELL TESTS, INSISTS THE APPLETON POST-CRESCENT

 

A daily roundup of interesting newspaper editorials and blog posts from around Madison and Wisconsin.

 

NOKIA TO CUT 10,000 JOBS BY END OF 2013

Nokia Corp. will lay off 10,000 jobs globally and close plants by the end of 2013, the company said Thursday, in a further drive to save costs and streamline operations.

 

AUSTRALIA CREATES LARGEST AREA OF MARINE RESERVES

Australia has created the world's largest network of marine reserves and will restrict fishing as well as oil and gas exploration in a major step to safeguard the environment and access to food.

 

MERKEL FIRMLY BEHIND EURO, BUT WILL SHE ACT?

Germany's Chancellor Angela Merkel has insisted repeatedly that "if the euro fails, Europe fails."

 

CHINA BIOMASS TYCOON LEADS DEAL TO BUY SAAB

The Asian consortium planning to rescue Swedish automaker Saab Automobile from insolvency is led by a mainland Chinese alternative energy tycoon whose company has close ties with China's State Grid electricity utility.

 

EPA'S CARBON RULE WILL CURB POLLUTION, CREATE JOBS

Colorado's natural beauty draws visitors from around the world. Every day, we see the clear connection between the health of our citizens, the health of our environment, and the health of our economy.

 

STUDY LAUDS VALUE OF CLINICAL TRIALS IN WISCONSIN

Wisconsin may not be home to any of the major pharmaceutical companies, but they are feeding the state's economy in other ways, by funding clinical trials of promising drug compounds conducted here, according to a study released Wednesday.

 

LOWER GAS PRICES NOT ENOUGH TO LIFT US ECONOMY

The U.S. job market is flagging, and consumer prices are barely rising. The picture sketched by data released Thursday has made some economists predict the Federal Reserve will announce some new step next week to boost the economy.  

 

HOPEFUL SIGN: SMALL MANUFACTURERS BUY BIG MACHINES

Small businesses that make machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the broader economy.

 

ROMNEY CHAMPIONED GREEN ENERGY FUND

Mitt Romney slams President Barack Obama for using taxpayer dollars to pick "winners and losers" among green energy firms rather than allowing them to rise or fall in the free market.

 

FARM BILL DIVIDES MIDWESTERN AND SOUTHERN FARMERS

Senate passage of a half-trillion dollar farm and food bill depends in part on resolving a dispute over subsidies between Southern rice and peanut growers and Northern corn and soybean producers. But that regional divide was less in evidence Wednesday.

 

LAWMAKERS THINK THEY CAN ALTER LAWS OF NATURE

Scientists estimate sea levels will rise about 39 inches during this century, but North Carolina legislators want to legally declare that the rise will be only 8 inches.

 

SAVE POST OFFICES, EXPAND THEIR DUTES

Post offices could be digitial hubs and info centers and could offer basic banking services. 

 

DISPUTE, LACK OF LIQUOR LICENSE THREATEN ORPHEUM; CITY PLANS LEGAL ACTION

The city of Madison plans to pursue legal action against the proprietor of the Orpheum Theatre after it held events over the past year without a valid liquor license, assistant city attorney Jennifer Zilavy said Tuesday.

 

WIS. AGENCIES DIDN'T TRACK ECONOMIC DEVELOPMENT

Eight Wisconsin agencies that spent tens of millions of dollars on economic development programs don't have a complete picture of the payoff, according to a state audit released Tuesday.

 

US COAL USE FALLING FAST; UTILITIES SWITCH TO GAS

America is shoveling coal to the sidelines. The fuel that powered the U.S. from the industrial revolution into the iPhone era is being pushed aside as utilities switch to cleaner and cheaper alternatives.

 

ASIA BRACE FOR WEAKER EXPORTS AS EUROPE STUMBLES

After supplying European customers for more than 40 years with neon bright ornamental fish, Shirley Lim is now looking elsewhere for sales.

 

EPIC CAREER CHANGE FOR FOUNDER OF TRI 4 SCHOOLS

It's true that one person can make a difference, and Katie Hensel is doing just that. One year ago, Hensel started Tri 4 Schools, a nonprofit organization that hosts events at Dane County schools geared at getting kids active in sports.

 

WEDC ROLLS OUT ADS PROMOTING STATE'S BUSINESS CLIMATE

The campaign by the Wisconsin Economic Development Corp. is designed to capitalize on national attention from the recall.

 

INNOVATION, QUALITY PRODUCTS HELP KUHN NORTH AMERICA'S BRODHEAD PLANT THRIVE

Kuhn North America's Brodhead plant, which makes hay and livestock implements, is a stunning example of how to expand a business in a rural setting.

 

LOOMING TAX HIKE NOT THE BIGGEST EVER

Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a long list of tax cuts is scheduled to expire unless Congress acts.

 

LOCAL ARTIST'S WISCONSIN-SHAPED SKILLET IS NO FLASH IN THE PAN

Cast iron skillet designer Alisa Toninato would be more at home in another era - the industrial revolution rather than the digital revolution.

 

FIRE CLAIMS SEVERAL STORES, APARTMENTS IN DOWNTOWN PORTAGE

On Sunday, fire destroyed a 119-year-old corner building and three businesses while several others along West Cook Street had smoke and water damage.

 

CONSTRUCTION TO CLOSE PART OF SOUTHWEST BIKE PATH THURSDAY

The path will be closed at Orchard Street on the Near West Side, and the city is setting up a detour.

 

LEGISLATION WOULD PUT MORE CITY DATA IN THE HANDS OF DEVELOPERS

 

Legislation being introduced Tuesday would make Madison an open-data city, meaning that most data kept by city agencies would be made available to the public through a single Web page.

 

RESTAURANT NEWS: WINE SHOP OWNER WANTS TO EDUCATE

Andrea Hillsey is planning to open what she hopes will be "the indie wine shop in Madison."

 

OPERATION FRESH START'S MAKEOVER OF PREFAB HOUSE DRAWS ATTENTION

Since 1970, Operation Fresh Start has built or rehabbed more than 200 homes in the Madison area, but few have brought this kind of attention.

 

US RATE ON 30-YEAR MORTGAGE RISES TO 3.71 PCT.

Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.

 

FIRST BUSINESS IS 15TH ON BANK LIST

First Business Financial Services, parent of First Business Bank, Madison, is ranked the 15th top-performing, midsized, publicly traded bank in the U.S., according to a survey conducted for the ABA Banking Journal and featured in the publication's May issue.

 

WAUKESHA STILL WAITING ON TOWN'S WATER DECISION

 

More than a year after the Waukesha Town Board was asked whether it wants in or out of a proposed water supply area serviced by its neighboring city, the Waukesha Water Utility is still waiting for an answer. 

 

2 INNOVATORS SHARE $1.5 MILLION TECHNOLOGY PRIZE

 

Two leading international innovators, Linus Torvalds and Shinya Yamanaka, have shared this year's  $1.2 million ($1.5 million) Millennium Technology Prize. Torvalds, a Finnish-American, was presented the prize for creating the Linux kernel, an open source operating system used in millions of computers.

 

JOHNSON CONTROLS TEAMS UP WITH LITHIUM BATTERY INNOVATOR

 

Johnson Controls Inc., which last year ended its relationship with French battery developer Saft, has found a new partner in the Silicon Valley. Johnson Controls Inc., which last year ended its relationship with French battery developer Saft, has found a new partner in the Silicon Valley. PolyPlus Battery Corp.

  

ETHNIC FEST AMONG OPTIONS FOR BROOKFIELD VILLAGE AREA | CITY SEEKS EVENT TO SPUR GROWTH

 

When plans for a high-speed rail line were nixed in 2010, the effects went beyond the scope of transportation options. In Brookfield, it meant a planned train station in the Brookfield Village area would no longer be created to stir development there.

 

KRAFT FOODS TO CLOSE WAUPACA CHEESE PLANT

 

Kraft Foods plans to close a Waupaca cheese plant and will lay off 120 employees. Kraft Foods plans to close a Waupaca cheese plant and will lay off 120 employees. The company made the announcement on Tuesday. The plant will close in the second quarter of 2013.

 

FORMER INDUSTRIAL BUILDING WINS ZONING CHANGE

 

A zoning change for a former industrial building on Milwaukee's south side, which would allow a school to use the property, was endorsed by a city panel Tuesday morning. A zoning change for a former industrial building on Milwaukee's south side that would allow a school to use the property.

 

WORM BUSINESSES DIG THEIR GROWING SUCCESS | MARKET FOR WORM CASTING FERTILIZER, RED WIGGLERS BLOSSOMS

 

Tom Chapman has built much of his business on worm poop. He is among Wisconsin worm farmers who have seen demand for castings - the byproduct of worm digestion - soar as consumers seek an earth-friendly fertilizer. 

 

NURTURING REGION'S ENTREPRENEURIAL ECOSYSTEM

 

From southeast Michigan to southeast Wisconsin, teams at some of the nation's largest companies are partnering with local talent and entrepreneurs beyond company walls to encourage new, innovative business ideas and support the development of an entrepreneurial ecosystem that benefits both their business and the region.

 

REGIONAL TAX LEVIES SHOW 1ST DIP IN DECADE | PROPERTY VALUES ALSO DOWN IN SOUTHEASTERN WISCONSIN

 

Southeastern Wisconsin property tax levies declined for the first time in at least a decade, partly because of new state limits on local taxes, according to a report being released Monday.

 

APARTMENT CONSTRUCTION A BRIGHT SPOT IN ECONOMY, SPEAKER SAYS

 

New apartment construction remains the strongest product segment within the commercial development industry, said Mark Eppli, Bell chair of real estate at Marquette University. New apartment construction remains the strongest product segment within the commercial development industry, said Mark Eppli, Bell chair of real estate at Marquette University.

 

WISCONSIN METRO-AREA BUILDING PERMITS ROSE 26% IN MAY

 

May permits to construct new homes rose about 26% from last year in Wisconsin's five most-populated metro areas as the building season moved into full swing. May permits to construct new homes rose about 26% from last year in Wisconsin's five most-populated metro areas as the building season moved into

 

HSI TO BUILD APARTMENT BUILDING NEXT TO THE ENCLAVE

HSI Properties Inc. plans to build a 40-unit apartment building next to The Enclave, the two-building 152-unit apartment complex that it is building southeast of Martin Drive and North 62nd Street in Wauwatosa.

 

AROUND THE CORNERS

The cover story of the latest edition of the BizTimes Milwaukee magazine takes an in-depth look at Marcus Corp.'s The Corners development planned in Brookfield, and compares the project to Pabst Farms in Oconomowoc. 

 

LEASES

Grubb & Ellis|Apex Commercial

 

NORTHWESTERN MUTUAL TO RENOVATE VAN BUREN BUILDING

Northwestern Mutual Life Insurance Co. is working on renovation plans for the 153,720-square-foot office building at 733 N. Van Buren St. in downtown Milwaukee. 

 

BROOKFIELD OFFICE PARKS LAND 2 NEW TENANTS

Connecture Inc., which recently moved its headquarters from Atlanta, Ga., to Pewaukee, has signed a 10-year lease and will move again to a larger office in the Brookfield Lakes Corporate Center in Brookfield.