Tomorrow is the big day, my first climbing competition with my daughter. I am excited and nervous (still not a huge fan of heights!)
Have a great week!
Joe |
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Development News for the Week of: 1/19/2013 - 1/25/2013
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ANALYST SKEPTICAL OF CITY'S CALL FOR 400 HOTEL ROOMS NEXT TO MONONA TERRACE
Greg Hanis says the city's traditionally low room rates could make it hard to find a developer willing to take a risk. -Wisconsin State Journal PAUL SOGLIN'S STATE OF THE CITY: MADISON CAN BE A STAR AGAINMadison isn't special anymore but can be so again, Mayor Paul Soglin said in a State of the City address on Wednesday. -Wisconsin State Journal PUBLICATION RANKS MADISON AS 2ND-BEST-RUN CITY IN U.S. A national online financial news and opinion publication has named Madison the second-best-run city in America. -Wisconsin State Journal CITY READY TO SEEK CONCEPTS FOR HUGE PROJECT NEAR CAPITOL SQUARE After years of planning, Madison is poised to ask developers for qualifications and initial concepts for a massive - perhaps $200 million - redevelopment with hotels, housing, offices, stores and underground parking near Capitol Square. -Wisconsin State Journal
NEW STUDY OF NON-DOWNTOWN PUBLIC MARKET PROPOSED
Madison may soon take a next, key step in creating a public market outside the core Downtown. -Wisconsin State JournalBOYS & GIRLS CLUB OF DANE COUNTY PLANS AMBITIOUS PROGRAM TO IMPROVE GRADUATION RATES The Boys & Girls Club of Dane County plans to raise $15 million over the next six years to improve the graduation rates of low-income -Wisconsin State Journal DANE COUNTY'S DISTRESSED PROPERTY INDEX FALLS AGAIN IN DECEMBER A backlog of foreclosed properties remains, though. -Wisconsin State Journal STATE HOME SALES UP 11% IN DECEMBER, WITH SURPRISING 10% RISE IN MEDIAN PRICEFor all of 2012, median sales price was about even with 2011, but sales rose nearly 21 percent. -Wisconsin State Journal DANE COUNTY HOME STARTS TOP 700 LAST YEAR FOR THE FIRST TIME SINCE 2007 Residential building permits are still down historically, but an improving economy seems to be gradually setting things right. -Wisconsin State Journal
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Around the State and Points Elsewhere
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OFFICE SPACE FILLS AS RENTS DROP The Milwaukee area's office market saw more space absorbed by tenants during the fourth quarter as rents dropped, according to a new survey. -Milwaukee Journal Sentinel
BROWN DEER OKS DEVELOPER'S SWITCH FROM CONDOS TO APARTMENTS
A development firm's proposal to build 44 units of affordable apartments in Brown Deer has received a tentative approval from the Village Board.
-Milwaukee Journal Sentinel
WAUWATOSA'S ESCHWEILER BUILDINGS CONTINUE TO POSE A CONUNDRUM
A consultant said Tuesday that there is no way to rehabilitate even one Eschweiler building without spending public money. "Based on review, it's reasonable to assume public participation would be required to rehabilitate existing buildings," said Mikaela Huot of Springsted Inc. -WauwatosaNow.com
TIF DISTRICT PROPOSED TO HELP SUSSEX CANNERY DEVELOPMENT
The nearly 20-year dream of redeveloping the former Mammoth Springs Cannery Company site at Main Street and Waukesha Avenue is about to become a reality after village officials and developer Art Sawall cleared two major hurdles last week.
-LivingLakeCountry.com
STATE PROGRAM TO HELP DOWNTOWNS IN MENOMONEE FALLS, HARTLAND, AND OTHER COMMUNITIES
A new state program will help 20 Wisconsin communities, including some in the Milwaukee area, with improving their downtowns and other urban commercial districts. -Milwaukee Journal Sentinel DEVELOPER PROPOSES EAST SIDE APARTMENTS FOR MENTALLY ILL PEOPLE A 23-unit apartment building that would focus on housing for mentally ill people is being proposed for Milwaukee's east side. -Milwaukee Journal SentinelCHICAGO DEVELOPER YIANNIS CONSIDERS APARTMENTS FOR EAST SIDE SITE Chicago-area developer Yiannis Konstantinou is considering an apartment proposal for a parcel his investment group owns on Milwaukee's east side. -Milwaukee Journal SentinelThe River Revitalization Foundation (RRF), Milwaukee's urban rivers land trust, has closed on the purchase of an additional riverfront property on Riverboat Road with assistance from The Conservation Fund's Land Trust Loan Program. -Biztimes.com The Opus Group plans to build a six-story, 80-unit student apartment building at 1400 W. Wells St., adjacent to the Marquette University campus in Milwaukee.
-Biztimes.com
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