News & Notes
THE SIDEBAR
BIG US CITIES BOOM AS YOUNG ADULTS SHUN SUBURBS
 

For the first time in a century, most of America's largest cities are growing at a faster rate than their surrounding suburbs as young adults seeking a foothold in the weak job market shun home-buying and stay put in bustling urban centers.

 

 

The Fourth of July is here! A friend recently lamented that this is the fastest 90 days of the year and considering that 30 have already gone by I must agree. Back to school is just around the corner.

 

Have a great week!

Joe


Development News for the Week of:    6/16/2012 -  6/22/2012   
 SUPREME COURT UPHOLDS MOST OF OBAMA HEALTH CARE LAW
 
The Supreme Court on Thursday upheld virtually all of President Barack Obama's historic health care overhaul, including the hotly debated core requirement that nearly every American have health insurance.  
-Wisconsin State Journal   
 
 Wisconsin won't move to implement the federal health care law largely upheld by the Supreme Court Thursday, Gov. Scott Walker said, because he hopes the law will be repealed after the November elections.
-Wisconsin State Journal  
 

The Supreme Court's 5-4 decision upholding the nation's health care law marks an enormous political victory for President Barack Obama in the heat of a re-election campaign, and affirmation as well for the Democrats' decades-long drive to extend coverage to millions of Americans who now go without.

-Wisconsin State Journal
 

IN THE SPIRIT, MEGACHURCH PLANNING EXPANSION INTO FITCHBURG   

Blackhawk Church, the large evangelical church on Madison's Far West Side, is developing plans to add a third site, this one in Fitchburg. The exact location is yet to be determined, but church officials hope to be meeting in at least a temporary site in Fitchburg by January

-Wisconsin State Journal

 

Construction began this week to install three roundabouts near U.S. Hwy. 14 and Hwy. MM. The $3.5 million project will move forward in four phases, Mike Rampetsreiter, a Wisconsin Department of Transportation project manager, told the Observer in a phone interview.

-The Oregon Observer 

 


Jeff Maurer, who in 2010 opened Fresh Madison Market near the UW-Madison campus, has announced plans to open an almost identical 22,000-square-foot store in West Lafayette, Ind., near the campus of Purdue University.

-Wisconsin State Journal

 

 

The feud between Orpheum co-owners Henry Doane and Eric Fleming has brought the theater to a crossroads, and its future hinges on a number of court cases that involve debt and allegations of fraud and a host of other financial misdealings.

-Wisconsin State Journal

 

JUDGE DOYLE SQUARE PROJECT COULD NEED $50 MILLION CITY SUBSIDY

 

A new parking ramp and downtown hotel for Monona Terrace would not come cheap, planners suggest.

-The Cap Times

 


BMO Harris Bank has confirmed it will close 24 bank branches in October, including the one at 525 Water St. in Sauk City and one in Reedsburg.

-The Sauk Prairie Eagle

 

DANE COUNTY CONDOS - HOW PRICES HAVE CHANGED

 

Why are more people beginning to buy Madison and Dane County condos? One big reason is condos have become much more affordable compared to just a few years ago.

-Dane County Market  

 

SHOW SHINES A LIGHT

 

DeForest and its neighboring communities are in the limelight on the next episode of Discover Wisconsin Television.

-DeForest Times Tribune

  

 

 

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Around the State and Points Elsewhere  

UNDERWATER HOMEOWNERS COULD SEE BIG SAVINGS UNDER PROPOSED REFINANCING REFORMS, BUT DEADLINE NEAR

 

Struggling Wisconsin homeowners could each save nearly $3,000 annually if national refinancing reforms are approved. 

-Wisconsin State Journal

 

 

The Minnesota and Wisconsin departments of transportation have chosen the architectural and engineering firm HDR to lead the design effort for the St. Croix (kroy) Crossing Bridge.

-Wisconsin State Journal

 

 

Americans are finally gaining confidence in the housing market five years after it collapsed.

-Wisconsin State Journal

 

 

Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth.

-Wisconsin State Journal

 

MEQUON EYES PROPERTIES FOR DEVELOPMENT, SEWER SERVICE

 

City officials are looking to rezone properties between Wauwatosa and Swan roads north of Donges Bay Road to allow for housing developments and the expansion of the city's sanitary sewer service area.

-Mequon Now

 

LAW FIRM MAY ANCHOR NEW OFFICE BUILDING

 

For the second time since last year, a downtown office building is being proposed that would include Godfrey & Kahn law firm as its anchor tenant. Irgens Development Partners hopes to develop the 18-story building at 833 E. Michigan St.

-Milwaukee Journal Sentinel

 

PARK EAST STRIP TOUTED FOR NEW BUCKS ARENA

 

The largely vacant former Park East Freeway stub could use a major project such as a sports arena to help spark its long-delayed development, developer Gary Grunau says. Downtown's Park East strip could draw a lot more bucks if it lands the Milwaukee Bucks, says developer Gary Grunau.

-Milwaukee Journal Sentinel

 

WATER TECHNOLOGY INCUBATOR TO BEGIN CONSTRUCTION IN JULY | INVESTORS GET FINAL OK TO SELL BONDS FOR WALKER'S POINT PROJECT

 

With its last piece of financing falling into place, construction will begin in July on converting a former Milwaukee warehouse into an incubator for water technology firms. With its last piece of financing falling into place, construction will begin in July.

-Milwaukee Journal Sentinel

 

COUNTY PANEL VOTES IN FAVOR OF STALLED PARK EAST APARTMENT PROJECT

 

A proposal that revives a long-stalled apartment building planned for the Park East strip was endorsed Tuesday by a County Board panel over objections from the local janitors union. 

-Milwaukee Journal Sentinel

 

 

A judge has ordered River Falls to pay $263,337 to a bank as a result of a mistake involving a developer who left behind a stack of unpaid bills while building Riverview Hotel and Suites.

-Milwaukee Business News

 

 

Retail developers are expressing significant interest in the former Delphi site in Oak Creek, according to newly elected Mayor Steve Scaffidi. However, the retailers that are being pitched for the site don't match the city's vision.

-Milwaukee Business News

 

 

The Forest County Potawatomi tribe will hold a groundbreaking ceremony on July 12 to celebrate the start of construction of a 20-story, 382-room hotel next to its Potawatomi Bingo Casino in the Menomonee Valley in Milwaukee. 

-Milwaukee Business News

  

LAND AND SPACE

  

In this week's Land and Space video, Tom Daykin talks about several new commercial developments built over the past year or so along a two-mile stretch of N. Port Washington Road.

-Milwaukee Journal Sentinel  

 

RESIDENTS TAKE CAUTIOUS VIEW OF CITY'S 'GATEWAY'

 

At last week's public hearing on the topic before the Community Development Authority, the concerns included whether city water would be forced on people who are perfectly happy with their private wells, whether new development would contaminate a creek that flows into Little Muskego Lake, and whether Racine would become a four-lane road.

-Muskego Now  

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