Developers offer $100 million in projects for South Park Street in Madison

Two development partners have abandoned a joint effort to redevelop a 3.5-acre, city-owned parcel on South Park Street, with one seeking to move forward with a $24.8 million project including housing and a grocery store on the site and the other planning a $75 million medical clinic and parking on adjacent property.

In April, two teams — Hovde Properties/SSM Health and Welton Enterprises — each offered pricey, competing proposals to redevelop the vacant property at 1402 S. Park St., which once held the now-demolished Truman Olson U.S. Army Reserve Center...


- - Volume: 7 - WEEK: 4 Date: 1/24/2019 9:36:48 AM -