News & Notes
Have a great week!

 Joe

Development News for the Week of: 1/12/2013 - 1/18/2013   

CATCHING UP: MIFFLIN STREET DEVELOPMENT

An Atlanta development firm hopes to present plans to the Madison City Council within weeks for a major new housing project on Mifflin Street.

-Wisconsin State Journal 

MADISON-AREA RENTAL VACANCY RATE AT NEARLY 7-YEAR LOW, AS RESIDENTS FLOCK TO APARTMENTS

The vacancy rate in the last three months of 2012 was more than 3X smaller than the 2006 3rd quarter high of 6.28%.
-Wisconsin State Journal   

DANE COUNTY HOME SALES UP 27% IN 2012, FOR HIGHEST TALLY SINCE 2007, BUT PRICES STILL LAG

Sales for the year in Dane County were up 27 percent, with median sales price at year's end down 3 percent.

-Wisconsin State Journal  

LAND PURCHASE ALONG SUGAR RIVER WOULD BE DANE COUNT'S 2ND-LARGEST FOR PRESERVATION

Dane County is planning a historic acquisition of river frontage for preservation and public use.

-Wisconsin State Journal   

ENTREPRENEURSHIP GROUP TO MOVE HQ BACK TO WISCONSIN

A national entrepreneurial education organization is moving its headquarters back to the state.
-Wisconsin State Journal 

ON WISCONSIN: SNOWY ADRENALINE RUSH IS NOT FOR THE FAINT OF HEART

The 10-foot-high airbag is drawing skiers and snowboarders from throughout the Midwest. Since the airbag opened in mid-December, the only ambulance calls have been for those who crashed elsewhere on the hill.

-Wisconsin State Journal   

PLAN COMMISION TABLES PROPOSAL TO DEMOLISH THREE CENTURY-OLD DOWNTOWN BUILDINGS
 

The proposal had already been criticized by a city staff report and the city's Landmarks Commission for being inconsistent with the Langdon Street area.

-Wisconsin State Journal 

BUILDING TENSION: CITY COUNCIL RACE BRINGS OUT ANGST OVER DOWNTOWN DEVELOPMENT 

The race for Madison's 2nd District aldermanic seat is sure to be lively, making for a good story to tell about the city of Madison and its politics.

-The Cap Times 
 

  

   

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Around the State and Points Elsewhere  
 
 FITZGERALD: QUICK ACTION UNLIKELY ON BOARD PAY REFERENDUM

 An attempt to hold a referendum to slash the pay of Milwaukee County supervisors appears to be off the fast track. 
-Milwaukee Journal Sentinel

BOARD PLAN DOES MORE THAN CUT PAY, CRITICS SAY

Critics of draft state legislation described as letting voters decide whether to slash pay and eliminate benefits for Milwaukee County supervisors claimed the measure would impose drastic changes. 
-Milwaukee Journal Sentinel

 STATE ADDED 4,500 PRIVATE-SECTOR JOBS IN DECEMBER

The Wisconsin economy flashed a positive signal Thursday even as it plods ahead in an excruciatingly slow recovery: As of last month, the unemployment rate registered a four-year low.
-Milwaukee Journal Sentinel

 WEST ALLIS PROPOSES BAILOUT FOR TAX FINANCING DISTRICTS

West Allis officials are proposing to use property tax revenue from an expiring tax incremental financing district to help bail out two other TIF districts that have been hurt by lagging development prospects.

-Milwaukee Journal Sentinel

WEST ALLIS WANTS TO ADD TO TAX FINANCING DISTRICT

West Allis would provide $2 million to help add more parking spaces at Summit Place business park under a new city proposal.

-Milwaukee Journal Sentinel

NORTHWESTERN MUTUAL OFFICE TOWER SUBSIDY GETS PRELIMINARY OK

Northwestern Mutual's approximately 30-story tower would replace a 16-story office building south of E. Mason and east of N. Cass streets on the company's downtown campus.

-Milwaukee Journal Sentinel

NEW POWER LINE PROPOSED

Pewaukee-based American Transmission Co. is proposing a roughly 25-mile power line in Walworth and Kenosha counties and has scheduled open houses this month to discuss potential locations.

-Milwaukee Journal Sentinel

VIDEO: DAYKIN DISCUSSES MEQUON DEVELOPMENT  

Business reporter Tom Daykin talks about a proposal for multistory apartment buildings with street-level commercial space at the corner of Mequon and Cedarburg roads in Mequon.

-Milwaukee Journal Sentinel

 DEVELOPER PROPOSES SENIOR APARTMENTS AT PABST SITE 

A New York-based development firm hopes to begin construction in April on converting the former Pabst brewery malt house and adjacent grain warehouse into 127 apartments for seniors.

-Milwaukee Journal Sentinel

MEIJER COULD ANCHOR RETAIL AND APARTMENT DEVELOPMENT AT DELPHI SITE

A Meijer supermarket and discount store could anchor a retail and apartment development proposed for the former Delphi site in Oak Creek.

-Milwaukee Journal Sentinel

DEVELOPER PROPOSES 78 CONDO UNITS IN CUDAHY 

A local developer is seeking city approval to build 78 new condominiums in Cudahy.

-Milwaukee Journal Sentinel

HEALTH CARE PROVIDER DROPS WEST ALLIS HEADQUARTERS PLAN

A proposal to develop a new West Allis headquarters for a nonprofit health care provider has been dropped. Development firm Tarantino Co. in February 2012 proposed four new buildings totaling 200,000 square feet, for 7.5 acres between W. Greenfield and W. National avenues, about a block west of S. 65th St. The vacant lot was once the site of the Pressed Steel Tank factory.

-Milwaukee Journal Sentinel
 

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