Madison planner Jeff Greger reported the 1900 block of South Park Street presents special opportunities for potential advancement that could consist of very affordable retail room and housing. Taken together, Greger explained the land banking buys could be the “catalyst” for applying the South Madison Program, which will manual development in the neighborhood for the future 10 to 15 several years. 

“Things are occurring in south Madison, and we certainly want to get this strategy adopted so there’s this blueprint,” Greger mentioned. 

The system is anticipated to be introduced to the Town Council in the fall. 

Very last calendar year, the town purchased a 1.6-acre web page at 1810 S. Park St., such as a 28,000-square-foot making, for $1.2 million. 

The Metropolis Council previously this yr accredited the invest in of 814 and 826 North Ave., positioned just off of South Park Avenue, with funding to include $980,000 for acquisition and $200,000 to demolish a structure.  

The large amount at 814 North Ave. consists of an 8,200-square-foot warehouse, and the house at 826 North Ave. is vacant. 

Mikolajewski claimed workers are finishing an environmental review of the North Avenue attributes. If practically nothing about is determined, he explained the city would continue with completing the purchase later this summer months.