Garver Feed Mill developer receives critical financing, city staff report

After nearly two years of delays, a developer selected to transform the crumbling Garver Feed Mill on Madison’s east side into an artisan food processing facility has acquired financing to move forward with redevelopment.

A critical financing component of the approximately $19.8 million proposal put forward by Baum Revision is the New Market Tax Credits that would total $2.5 million for the $14.4 million building renovation.

Project managers updated the city`s Board of Estimates committee earlier this month...   ...more



- - Volume: 5 - WEEK: 13 Date: 3/30/2017 9:49:17 AM -