Park Towne News & Notes

There will be no News & Notes the next two weeks. I will be visiting friends in Germany.

I will return with an epic edition of News & Notes collecting all the best development news from those two weeks.
 

Have a great Thanksgiving!

 

Joe

Development News for the Weeks of: 11/15/2014 - 11/21/2014    

MADISON EYES 3 DEVELOPERS FOR AFFORDABLE HOUSING FUNDS

Resolution proposing loaning up to $3 million to Maple Grove Commons, Tennyson ridge and Union Corners developments.

-Wisconsin State Journal 

 

T. WALL EYES APARTMENT PROJECT ON THE 700 BLOCK OF EAST MIFFLIN

Plans call for 185 units with underground parking on the Reynolds crane lot.

-The Cap Times  

 

DITCH THE CAR HABIT, EX-MINNEAPOLIS MAYOR RYBAK TELLS DOWNTOWN MADISON, INC. CROWD

R.T. Rybak says cities that make it easy to live without an automobile will attract young people, brainpower and investment.
-The Cap Times

JUDGE DOYLE SQUARE NEGOTIATIONS COULD CONTINUE

Madison City Council approved the necessary budget amendments to not pull the plug just yet, but a resolution will be required in coming weeks.
-The Cap Times

FOUR GROUPS IN THE RUNNING FOR MASSIVE HILL FARMS DEVELOPMENT PROJECT

Four development teams have been short-listed to participate in the next round of the selection process.
-Wisconsin State Journal

CULINARY TRAINING CENTER THE CENTERPIECE OF $27.6 MILLION MATC DEVELOPOMENT 

 

The new culinary facility will be paid for with leftover funds from the school's $133.7 million  referendum, which passed in 2010 and paid for the most expansive building boom in the school's history.

-Wisconsin State Journal  

 

STATE HOME SALES POST BIG GAIN IN OCTOBER, BUCKING SEASON TREND  


The statewide median price was up year-over-year as well, as it has been for the past 31 of 32 months, the WRA said.
-Wisconsin State Journal 

STATE JOBS AGENCY LAUNCHES $1.58M PAID MARKETING EFFORT TO LURE NEW BUSINESS

Campaign includes radio spots in Chicago and Minneapolis, with print and online ads airing nationwide.
-Wisconsin State Journal

FOCUS ON DANE COUNTY: VERONA AREA COMMUNITY THEATER PLANNING MOVE TO NEW FACILITY

Verona Area Community Theater is working with Madison-based CaS4 Architecture to design a new facility at an estimated cost of $2 million that would better-meet the needs of the growing organization.
-Wisconsin State Journal
Around the State and Points Elsewhere  

NO TALKS YET BETWEEN BUCKS AND THE WISCONSIN CENTER DISTRICT

The Bucks' preferred site for a new arena includes the block owned by Journal Communications and the property occupied by the district's UWM Arena and Milwaukee Theatre
-Milwaukee Journal Sentinel        

MMAC FLOATS IDEA OF SALES TAX REFERENDUM FOR CULTURE, ARTS

Revenue from a sales tax increase would pay for improvements at the zoo, museums, parks and the Marcus Center.

-Milwaukee Journal Sentinel    

  

BARRETT PLAN WOULD DOUBLE COST OF STREETCAR TO $124 MILLION  

The mayor will ask the Milwaukee council to create two tax incremental financing districts to provide an estimated $49.3 million in additional public funding for the project.

-Milwaukee Journal Sentinel 

FIRM DROPS GERMANTOWN PLAN; WORK ON VILLAGE-FINANCED BUSINESS PARK CONTINUES

A local manufacturer has dropped plans to develop its new headquarters at a Germantown business park that is being developed with village financing help.
-Milwaukee Journal Sentinel   

  

VIDEO: FRANKLIN FACES CONFLICTING VIEWS ON NEW DEVELOPMENTS

Some Franklin city officials are questioning the community's priorities in pursuing development plans that could eventually total around $330 million in new property values.  

-Milwaukee Journal Sentinel 

  

RUBY FARM FINANCING PLAN HAS INITIAL PUBLIC DISCUSSION    


A proposal to provide city financing to help develop a mixed-use project, called The Corridor, at Brookfield's Ruby Farm had its first public discussion this week.

-Milwaukee Journal Sentinel

   

FRESHWATER PLAZA COMPLEX IN WALKER'S POINT TO RECEIVE $5 MILLION IN CITY FINANCING

A $48 million housing, retail and office development planned for Walker's Point would include around $5 million in city financing help, under a proposal that received preliminary approval Thursday.
-Milwaukee Journal Sentinel

BROOKFIELD DELAYS FINANCIAL ASSISTANCE DECISION AS ALDERMEN REQUEST MORE INFORMATION

Two weeks ago, developers asked the city of Brookfield Common Council to delay a decision on providing financial assistance to an industrial project so that they could work out contractual details.
-BrookfieldNow.com

REVISED HARLAND APARTMENT PLAN GAINING SUPPORT

A developer proposing an upscale apartment community for Hartland has reduced the number of units, and made other changes, to obtain village support.
-Milwaukee Journal Sentinel
 

FALLS KWIK TRIP STORE WINS APPROVAL  

  

A proposed Menomonee Falls Kwik Trip, which faced opposition led by competing gas station and convenience store operators, has been approved by the Village Board.
-Milwaukee Journal Sentinel

  

BROOKFIELD LOOKS FOR CAPITOL CORRIDOR COMEBACK

As Brookfield joins the rest of the nation in recovering from the Great Recession, city officials are looking to revamp and reboot plans concerning the Capitol Drive corridor. 

-ElmGroveNow.com