Park Towne News & Notes
Joe
Development News for the WeekS of: 4/28/2018 - 5/11/2018      
 

The estimated cost of 144 apartments and 160 private parking stalls to be built atop a 520-stall public parking garage behind the Municipal Building have jumped from an estimated $32 million to $48.5 million.
- Wisconsin State Journal
 
 
The Madison Finance Committee on Monday grudgingly recommended investing an additional $11 million in the Judge Doyle Square project.
- Wisconsin State Journal  
 
 
Members of Madison's Finance Committee reluctantly approved a solution to a financial snag in the major Judge Doyle Square development project that would cost the city an additional $11 million to keep the $186 million plan moving forward. 
-The Cap Times 
 
 
 Exact Sciences Corp. is spending more than $300 million to expand its facilities in the Madison area, the company disclosed in documents filed with federal regulators.
- Wisconsin State Journal

WISCONSIN UTILITY COMPANIES ARE TOLD TO CREDIT CUSTOMERS $130 MILLION, TO START
Wisconsin's investor-owned utility companies must give a total of $130 million to their customers in the form of credits on their July bills followed by monthly reductions, the Wisconsin Public Service Commission has ruled in a preliminary decision.
- Wisconsin State Journal
The developers of a proposed boutique hotel on Madison's State Street are revising their plans after acquiring two additional buildings on the pedestrian mall.
-Wisconsin State Journal  
 
 
A developer plans to replace the former Heartland Credit Union building on the 500 block of West Washington Avenue with a five-story apartment building.
-The Cap Times 
 
 
Plans for the massive redevelopment of Madison Area Technical College's downtown campus look a lot different than they did last summer. Downtown residents will get their first chance to weigh in on the new designs Monday night.
-The Cap Times 
 
 
Around the State and Points Elsewhere  


 
The owners of Milwaukee's El Rey supermarket group will redevelop a newly purchased vacant dental clinic on the city's near south side - a project that could include an El Rey cafe.
-Milwaukee Journal Sentinel 
 
 
The long-delayed Element 84 upscale apartment development in West Allis is about to begin construction. Element 84 will feature a pair of four-story buildings with a combined 203 apartments and 3,500 square feet of street-level commercial space.
-Milwaukee Journal Sentinel 
 

An apartment and retail project is being proposed for a redeveloping former industrial site in West Bend.Van Horn Real Estate LLC wants to build the mixed-use development on 8 acres south of Water Street and west of South Forest Avenue, said Mark Piotrowicz, city development director.
-Milwaukee Journal Sentinel 
 
 
A proposal to rezone the former Lowe's store on Milwaukee's north side to become a distribution center was approved Monday by the Plan Commission.
-Milwaukee Journal Sentinel
 
 
 
Milwaukee Electric Tool Co. plans to begin construction soon on another large expansion of its Brookfield corporate campus, with the project receiving final city approvals. 
-Milwaukee Journal Sentinel  
 
 
A historic nine-story downtown Milwaukee office building has been sold to some Chicago investors who plan to convert it to apartments.The Underwriters Exchange Building, 828 N. Broadway, was purchased by 850 W. Jackson LLC and Catapult 828 Broadway LLC for $1.25 million, according to state real estate records posted Monday.
-Milwaukee Journal Sentinel
 

A 75-unit, four-story apartment building for seniors is being proposed in Elm Grove.Horizon Development Group Inc. is proposing the project, known as Elm Grove Heights, for 13040 W. Blue Mound Road, just east of the intersection of Elm Grove and Blue Mound roads.
-Milwaukee Journal Sentinel