An increasing number of Madison companies, many at University Research Park, are searching for a local space to innovate and expand beyond their current quarters.
Wisconsin Housing Preservation Corp.'s proposal would create 200 apartments, including 150 more affordable "workforce" units, commercial space, and underground parking.
Quad Capital Partners is proposing a 14-story project with about 337 apartments, 17,000 square feet of commercial space, plaza space overlooking the lake and underground parking on the 100 block of East Wilson Street.
"On Wilson Street alone, there are over 300 hotel rooms and nearly 1,500 apartment units in development or construction right now," said Jason Ilstrup, president of Downtown Madison, Inc.
The $5.5 million land deal between Madison and Dane County could potentially convert 230 acres of the golf course into a landfill, compost site and sustainable business park.
Though possible locations are not yet known, sports tournaments have attracted tens of millions of dollars in spending for businesses, hotels and retail.
Several development proposals are taking shape with a goal of providing high density to their respective neighborhoods while also requiring major redevelopments of the proposed sites.
