Updated: Madison College expected to narrow field of prospective developers of downtown campus

Update: Madison Area Technical College officials announced Tuesday afternoon that the planned discussion of an administrative recommendation to narrow the field of prospective developers of the downtown campus was removed from the board of trustees` agenda. "The proposals are still under review and due diligence continues," said spokesman Cary Heyer...

...Five developers — the Alexander Co., Baum Revision/Gardner Capital, CD Smith/HKS Holdings, Hovde Properties and Sherman Associates — were selected by college trustees in January to submit proposals for redevelopment.

All the proposals except Baum/Gardner call for hotels. They variously propose reusing the existing buildings or demolishing them and building new. Housing — affordable and market-rate — is included in the plans along with office and retail space.

All five proposals are detailed here...

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- - Volume: 5 - WEEK: 15 Date: 4/13/2017 8:46:14 AM -