SPECIAL PROMOTIONAL: Real estate quality of life

The Madison market has a wealth of choices
SPECIAL PROMOTIONAL: Real estate quality of life

The Community of Bishop’s Bay

Terrence Wall traveled the country in search of ideas for the types of neighborhoods that would appeal to Dane County residents. The result was The Community of Bishop’s Bay–the only master-planned, sustainable community in Dane County. “There’s something for everyone,” says Wall, CEO of T Wall Enterprises, the developer of the community. “But there’s not a lot of inventory in any single neighborhood, so the supply is limited.”

Located north of Lake Mendota, two-thirds of the community is in the city of Middleton and one-third is in the town of Westport. “The Community of Bishops Bay is designed with a multigenerational, diverse, holistic approach in mind,” says Wall. “We offer almost every housing type, from quality multifamily to middle-income homes to multimillion homes on the golf course.”

Seven neighborhoods are planned for the community, including a town center. The first neighborhood, now completed, is the Back Nine, which skirts the back nine holes of the Bishops Bay Country Club golf course. Of the 170 Back Nine home sites, just a few lots remain available.

Meanwhile, work is underway on the next two neighborhoods, The Farm and The Prairie. The Farm neighborhood has areas set aside for community-supported agriculture and vegetable and flower gardening. The Prairie neighborhood is surrounded by grassland and connected to a Dane County prairie, where visitors can roam the open land on walking trails. In addition, both The Farm and The Prairie are connected by a pedestrian and bike path, along with a tunnel to Governor Nelson State Park. The Pheasant Branch Conservancy, Dane County’s Dorn Creek Fishery and Wildlife Area, a dog park, and the community’s own 50-acre woodland adventure park are nearby. Altogether they comprise some 1,500 acres within easy reach for outdoor recreation.

In many ways, the Community of Bishops Bay will have the feeling of a small town, where people can enjoy the parks or walk to a coffee shop or restaurant.

Golfers will have ready access to a superior golf course, and young families will be part of the top-rated Waunakee school district. “Grandma can live nearby and can take care of your kids, or one of the apartment renters may end up being the future buyer of your home,” says Wall. “In any case, it’s a real community where people can live, work, shop and play.” Renters, he says, can enjoy all the same amenities as homeowners. Furthermore, he notes that young renters who put down roots are likely to look in the same community when it’s time to build or buy a home.”We’re taking reservations on lots in The Farm and The Prairie neighborhoods right now,” says Wall. There are a limited number of lots–and a very limited number overlooking the prairie. Visitors can view homes from various builders on Sunday afternoons and can learn more at bishopsbaycommunity.com 608-831-5500. SPECIAL PROMOTIONAL: Real estate quality of lifeWaubesa Shores

If you’ve ever dreamed of living by the water in a home that offered luxury, beauty and convenience, perhaps your time has come. Pre-sales are open at Waubesa Shores, a luxury condominium development of 29 two- and three-bedroom homes on Lake Waubesa in McFarland.

New condominiums in the Madison area are few, says co-developer Cory Sturman; to find one on a Madison-area lakefront is an opportunity that might not come again. “We have 341 feet of lakefront property,” he says. “It’s very rare to have that much lakefront space open up.”

Waubesa Shores is in a residential community in the village of McFarland, within walking distance of restaurants and retail stores. It’s a 12-minute drive from downtown Madison. For those who would rather ride a bike than drive, the new Lower Yahara River Trail–which includes a mile-long boardwalk–makes it possible to bike right to the state capital.

Or you can travel by boat. Waubesa Shores provides exclusive boat slips for each condominium unit, making it easy for residents to not only enjoy Lake Waubesa, but connect to other Madison lakes.

“It’s resort-style living,” says Sturman. “You can enjoy the luxury of being able to walk up to your boat and go out with friends and family.” Another luxury: Redline Powersports will provide comprehensive service to boat owners, including off-season storage.

Waubesa Shores residents can also enjoy a lakeside pool and plaza. “You could sit out there on a summer morning and have coffee while working from home,” says Sturman, “or watch the sun set over the lake in the evening.” On cooler evenings, people will be able to warm up by the fire pit.

Other amenities will include a state-of-the-art workout facility and a hot tub. At a clubhouse with kitchen bar, pool table and large-screen TV, residents can entertain family and friends or socialize with their new neighbors. Practical matters are addressed, too, with heated underground parking and a handy dog-washing station.

Waubesa Shores offers a variety of floor plans, and buyers who purchase early can customize their home’s layout in addition to choosing finishes and upgrades. Each condominium unit has a lakefront deck and large windows for enjoying the lake view. All units have 10- to 12-foot ceilings, fireplaces, stainless-steel appliances and high-quality craftsmanship throughout.

Sturman, who is also president and co-founder of Mad-City Windows, says, “We built our business on quality and reputation.” By the same token, he says, Waubesa Shores is being built with the future in mind: “It’s going to be a landmark building.”

Completion is scheduled for late summer. Learn more about how to reserve a condominium or schedule an appointment at waubesashores.com or call Sprinkman Real Estate at 608-220-1453.

Artis REIT’s Madison Lifestyle Office Portfolio

Choosing the right office space is a momentous decision for most businesses, and it can affect the organization in an untold number of ways. In addition to obvious ramifications–such as efficiency, cost or prestige–the office and its location are important to the morale and even the lifestyle of employees who spend much of their time there.

Businesses increasingly look for offices in lifestyle centers, which means walkable areas with restaurants and retail nearby and, perhaps, hiking trails and bike paths, says Leon Wilkosz, Senior Vice President, Property Management-Midwest at Artis REIT. Furthermore, he notes, tenants and their employees like attractive, spacious lobbies and common areas since these make up part of their daily environment.

Amenities such as fitness centers are important. A cafeteria or similar dining option makes it possible to have lunch without venturing outside in the winter. And ample parking is essential; underground or covered parking is
even better.

Artis REIT is a diversified commercial real estate trust that owns and manages commercial real estate in the United States and Canada. In 2016 the trust purchased a portfolio of properties in Madison. It owns nine properties at Greenway Office Center, four properties in the Old Sauk Park, two properties at City Center West Office Park and the Westfield Center, directly across from West Towne Mall. “We would certainly like to invest more in Madison,” says Wilkosz.

Apart from amenities, corporate tenants want a landlord who is easy to work with and a workplace that meets their expectations. Wilkosz says this is where Artis REIT excels. “What makes us unique is that we’re vertically integrated,” he says. As a result, all the aspects of leasing a new office are in-house, from the brokerage and legal teams that handle lease negotiations to the office designers.

“We have CAD drawings of all our spaces, so we can go back and forth with the tenant and work out the plan as we go,” says Wilkosz. “We have our own construction team to do the actual build, so we can make tweaks and adjustments if necessary. And when we get the space done, we hand it over to one of our property managers.” With this degree of integration, the transfer between different phases of the real estate process is exceptionally smooth.

Once they’ve moved in, tenants can take satisfaction in the fact that they chose an organization with a commitment to sustainability. Whenever possible, excess building materials are stored and reused rather than discarded, and the organization is focused on reducing energy use, says Wilkosz. In addition, Artis REIT has made significant investments in cooling towers, heat pumps, and other high-efficiency equipment, and has a corporate-wide requirement to achieve Energy Star certification in all buildings.