Renderings show redevelopment plans for downtown Madison College site
MADISON, Wis. — Madison College officials Thursday released detailed plans outlining five separate proposals to renovate its Downtown Education Center as part of the school’s plans to move its programs to other sites around Madison.
The five proposals were among 11 possible plans selected in January to be considered .
A proposal from The Alexander Company of Madison would save the existing building and convert it into a six-story, 134-unit apartment building. The proposal would also include a new, eight-story hotel along Wisconsin Avenue. Under the proposal, the apartments would be available beginning in August 2020, while the hotel would open in April 2021.
The Alexander Company proposal would also include underground parking beneath the hotel that would be available to hotel guests and residents of the apartment building.
Baum Revision/Gardner Capital
Another proposal by Baum Revision/Gardner Capital would convert the existing building into workspace for several local groups, including the Wisconsin Science Museum, RENEW Wisconsin and Forward Theater. There would also be loft space for artists within the building, approximately 100 apartment units and a 200-seat black box performance space. the plan calls for 240 underground parking spaces to be built.
The Baum proposal has support from District 4 Alder Mike Verveer, the Madison Community Foundation and Overture Center president and CEO Ted DeDee. Plans call for construction to begin in May 2018 and be completed by June 2019.
C.D. Smith Construction and HKS Holdings
C.D. Smith Construction and HKS Holdings propose using the site for a hotel, apartments and retail space. The groups submitted two proposals, one that would keep the existing building and one that would demolish it.
If the building is kept, it would be used as multifamily housing with 76 units, with an eight-story, 206-room hotel built along Wisconsin Avenue and a seven-story, 61,000-square-foot office building built along Dayton Street. The first option would also include 352 underground parking spaces.
If the existing building is demolished, a new, eight-story, 100-unit apartment building would be built in its place. The hotel portion would be enlarged to 235 rooms and the office building would include 74,000 square feet of space. The second option would also include 380 parking spaces.
Under either option, construction would begin in mid-2019 and end in mid-2021.
Madison-based Hovde Properties is calling for a 197-room hotel and 202,000-square-foot office building to be built on the site. The proposal also includes nearly 20,000 square feet for a grocery store and another 10,000 square feet of retail space on the site. It would also include 392 underground parking spaces. Under the Hovde plan, construction would begin in 2019 and finish in March 2021.
The Sherman Associates proposal would convert the existing building into 145 apartment units and 5,000 square feet of retail space. It also calls for a 164-room hotel to be built on the site, along with 68 underground parking stalls to be shared by the hotel and the apartments. The hotel would also have around 10,000 square feet in street-level retail space.
Construction would begin in September 2019 and end in January 2021.
Madison College officials will select one of the proposals in April before submitting the lease plan to the Wisconsin Technical College System in May. Final lease terms would be determined this summer, while design, financing and permit approvals would be completed in 2018 and 2019 before the college vacates the site in mid-to-late 2019, according to a timeline on the college’s website .
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