News & Notes
THE SIDEBAR

FOUR MADISON BUSINESSES AMONG 1ST GRADUATES IN TECH START UP PROGRAM

 

A new Wisconsin accelerator program for technology companies, gener8tor, introduced its first class of graduates in Milwaukee on Thursday, and four of the seven young businesses are in Madison.

 

Wisconsin State Journal

Interesting to see Lance Armstrong calling it quits on fighting the allegations against him, and possibly losing his cycling legacy. Should he continue to fight them? What's your take? 

 

Have a great week!

 

Joe  

 

Development News for the Week of:    8/18/2012 -  8/24/2012   

CONTRADICTORY RANKINGS FOR MADISON ENOUGH TO GIVE ONE HEADACHE

 

Rankings have rankled Mayor Paul Soglin for some time, but one that came earlier this summer from Forbes Magazine tipped the scale.

-Wisconsin State Journal

 

DEPARTMENT OF FINANCIAL INSTITUTIONS FINALLY MOVING, UP THE STREET, NOT TO MIDDLETON

After months of going nowhere, the state Department of Financial Institutions is finally moving from its current home at 345 W. Washington Ave. - but not to Middleton as originally planned. Instead, the agency will be moving a block up the street by December.

-Wisconsin State Journal

 

UW HEALTH CLINIC APPEARS TO BE FRONT-RUNNER FOR UNION CORNERS DEVELOPMENT

One of five proposals for developing Union Corners might have emerged as a front-runner, though not all proposals have been heard by a selection committee.

-Wisconsin State Journal

 

MADISON GETTING $800,000 IN EPA GRANTS FOR POLLUTED PROPERTIES

Madison is getting $800,000 in grants from the federal Environmental Protection Agency to identify, assess and clean polluted properties, including major redevelopment sites on East Washington Avenue.

-Wisconsin State Journal

 

LONGEVITY IN BUSINESS: JACOBSON BROS. MEATS & DELI AN 80-YEAR FAMILY TRADITION

Eighty years ago, Thor Jacobson started a neighborhood butcher shop on North Street in Madison, near the Oscar Mayer plant. Jacobson, an immigrant from Norway, brought his recipes for sausages and brats from the Old World.

-Wisconsin State Journal

 

SAND MINING DILEMMA: JOBS AND TAX REVENUES VS. ENVIRONMENT AND INFRASTRUCTURE COSTS

When existing mines and those being built are fully operational, the industry will employ about 2,780 people - a sizeable number given the state's overall lackluster job picture.

-Wisconsin State Journal

 

DOWNTOWN CAMBRIDGE

At least four vacant storefronts can be found in downtown Cambridge, but village officials are trying to revitalize the community. The village last year formed an economic development committee.

-Wisconsin State Journal

 

OFFICIALS WANT CAMBRIDGE TO BE TOURIST DESTINATION AGAIN

The last 10 years have not been kind to this village, but officials, business owners and recreational enthusiasts are working together to restore the crowds.

-Wisconsin State Journal

 

BIZ BEAT: OPPONENTS PROTEST MAZOMANIE TIF PROPOSAL

They question why a development in a cornfield on the village's east side merits help.

-Wisconsin State Journal

 

PROPERTY TRAX: VERIDIAN PREPARING TO RESUME HOME BUILDING IN AREA SUBDIVISIONS

Madison-based Veridian is preparing land to resume larger-scale home building for up to eight new phases in several of its 21 subdivisions around Dane County before year's end.

-Wisconsin State Journal

 

RISE IN US HOME SALES REFLECTS STEADY IMPROVEMENT

 

The recovery of the U.S. housing market is looking steadier and more sustainable, a trend that will likely add to economic growth in 2012 for the first time in seven years.

-Wisconsin State Journal

 

PROPERTY TRAX: JULY FORECLOSURE FILINGS UP NEARLY 28 PERCENT IN DANE COUNTY

For the sixth month in the past seven, Dane County foreclosures exceeded those posted in the same month last year.

-Wisconsin State Journal

 

COURT NIXES TOWN OF PERRY'S APPEAL IN FIGHT OVER LAND NEAR CHURCH

 

The town of Perry remains on the hook for what could be about $1 million in expenses related to its land fight with a property owner near a historic church after a state appeals court on Thursday soundly rejected its appeal of one set of verdicts against the town.

-Wisconsin State Journal

 

 

 

 

 

 

 

 

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Around the State and Points Elsewhere  
PROPERTY TRAX: WISCONSIN HOME SALES UP 17.3 PERCENT IN JUL,Y, WITH SMALL MEDIAN SALES PRICE RISE

Statewide home sales in July rose 17.3 percent over last year, while median sales price rose 2.1 percent. 

-Wisconsin State Journal

 

UNEMPLOYMENT DIPS IN 26 OF 32 WIS. CITIES

Local unemployment rates dipped in most major Wisconsin cities and counties in July.

-Wisconsin State Journal

 

WISCONSIN'S HOUSING MARKET CONTINUES RECOVERY

Home sales continue to recover in Wisconsin, rising about 17 percent in July, compared to the same month last year.

-Wisconsin State Journal

 

 

FROEDTERT, WISCONSIN ATHLETIC CLUB WOULD OCCUPY FALLS DEVELOPMENT

 

Froedtert Health Inc. and Wisconsin Athletic Club will be tenants in a $14 million medical office building that developer Ryan Cos. plans to build at a former Menomonee Falls factory site. 

-Milwaukee Journal Sentinel

 

FINANCING ISSUE SLOWING CORNERS DEVELOPMENT

 

The long delay in creating a $30 million-plus public financing plan for The Corners proposal in the Town of Brookfield is tied to concerns about how many years it would take the property taxes to pay off the town's debt.

-Milwaukee Journal Sentinel

 

UW SYSTEM BUDGET PROPOSAL SEEKS $21 MILLION FOR INITIATIVES | PART OF REQUEST IS FOR ECONOMIC DEVELOPMENT EFFORTS

 

The University of Wisconsin System will request a nearly $21 million investment in new initiatives over the 2013-'15 budget biennium, according to agenda materials for an upcoming Board of Regents meeting. 

-Milwaukee Journal Sentinel

 

NORTHWESTERN MUTUAL LENDS $142.5 MILLION FOR WARNER CENTER TOWERS

 

Northwestern Mutual Life Insurance Co. said Tuesday it is providing half of a new $285 million loan for Warner Center Towers, the largest office complex in California's San Fernando Valley.

-Milwaukee Journal Sentinel

 

HARTLAND MANUFACTURER MOVING TO NEW PABST FARMS BUILDING

 

Lake Country Manufacturing Inc. plans to begin construction on a new building at Pabst Farms, in Oconomowoc, during the first quarter of 2013. Lake Country Manufacturing Inc. plans to begin construction on a new building at Pabst Farms, in Oconomowoc.

-Milwaukee Journal Sentinel

 

CITY RECOMMENDS ROUNDABOUT FOR NORTH/BROOKFIELD INTERSECTION 

 

Safety is the top concern weighing on Brookfield officials' minds in determining the fate of the North Avenue and Brookfield Road reconstruction. Safety is the top concern weighing on Brookfield officials' minds in determining the fate of the North Avenue and Brookfield Road reconstruction.

-Brookfield Now

 

OAK CREEK CLEARS WAY FOR NEW AIRPORT HOTEL

 

A proposed hotel development for the corner of College and Howell avenues is alive once again, with a new incentive package that alleviated the concerns of top Oak Creek officials.

-Milwaukee Business News

 

DEVELOPER PLANS BULK SALE AT OPERA LOFTS

The developer of a failed condominium project on the South Side is offering 58 units in a bulk sale that would shortchange the project's lender.

-Milwaukee Business News

 

RETURN OF THE CRANES: LARGE CONSTRUCTION PROJECTS PROVIDE GLIMMERS OF HOPE

 

When developer Rick Barrett walks around the site of The Moderne, the 30-story residential tower he is building in downtown Milwaukee, he greets almost every construction worker that he encounters.

-Milwaukee Business News

 

'NOW IS A PRETTY GOOD TIME TO BUILD' - GORMAN & COMPANY THRIVES ON COMPLEX DEVELOPMENTS

 

Gorman & Company, based in Oregon, Wis., is certainly doing its part to help revitalize Milwaukee's beleaguered construction industry. The company is working on three projects at the former Pabst brewery in downtown Milwaukee.

-Milwaukee Business News

 

 

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