- Commercial Spotlight
There was very exciting news today published by Madison.com at http://bit.ly/jOnA1C. Hovde Properties has announced plans to redevelop the entire former Mautz Paint Block (minus the Madison Credit Union property). This 4.25 acre parcel is located in the center of the Capitol East District of Madison, directly across from the city block sized Breese Stevens Field. This parcel is also adjacent to the former Don Miller car dealership properties, which are controlled by the city of Madison for redevelopment. Today happens to also be the day that formal RFP responses were due to the city for the redevelopment of the Don Miller properties.
With multiple blocks planned for major redevelopment, truly catalytic projects have a chance to recreate this grand entrance to Madison in a meaningful way. Because these properties are so close to the downtown core (only 8 blocks from the capitol, and truly walking distance), there is an opportunity for new developments to change this neighborhood for the better. This entire Capitol East District has an opportunity to define itself in new and exciting ways.
If you are a business owner that has an exciting product or service, if you are passionate about our great city and you want to play a vital role in its future, then consider moving your company into this neighborhood. With the 200,000 SF Shopbop.com (an Amazon subsidiary) moving into this area, with Google already here, and so many other exciting companies focused on green technologies, high tech, and other novel entrepreneurial endeavors, you have a chance to take part in this vibrant redefinition of this important city corridor. Take that step. You’ll be glad you did.