Economic Development

Downtown Madison must provide strong employment opportunities, business growth, education, and housing options for all residents and businesses. As a committee, we:

  • Retain, encourage, and promote a variety of commercial uses and employment opportunities in downtown Madison.
  • Support greater downtown housing densities and diversity, including affordable and accessible housing to serve all socio-economic groups.
  • Encourage the creative use of TIF and other economic incentives for mixed-use and infill development projects in downtown.
  • Help with efforts to sustain UW-Madison as the area’s largest economic driver and support all higher education partners to advance learning, research, and economic growth in the downtown.
  • Advocate for quality downtown childcare and schools, as they are important to the economic well-being of the community.
  • Support Madison’s Central Business Improvement District (BID) and any future BIDs in their efforts to promote business in downtown Madison.

Downtown Madison Development Tracker

DMI’s development tracker shows current, recently completed, and planned development projects in the downtown Madison area.

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State Street Boutique Hotel

State Street Boutique Hotel
Nine-stories, 130-rooms. First-floor restaurant, art collection, rooftop terrace and bar.

Developer
Holdings Real Estate in partnership with Central Properties of Madison

Construction Type
New

Status
Approved

Spark

Spark
Eight-stories, 158,000 square feet of commercial space

Developer
American Family Insurance

Construction Type
New

Status
Complete

Hotel Indigo

Hotel Indigo
144-room hotel

Developer
Curt Brink, Kothe Real Estate Partners

Construction Type
Renovation

Status
Complete

Office Tower, Downtown Madison WI

Office Tower
13-story office building with commercial space

Developer
Curt Brink, Kothe Real Estate Partners

Construction Type
New

Status
Approved

Lyric Phase II

Lyric Phase II
11-story building with 120 apartments, 51,000 square feet of commercial space, and 290-space parking garage

Developer
Stone House Development

Construction Type
New

Status
Approved

Gebhardt Building

The Gebhardt Building / The Sylvee
Eight-stories, 100,000 square feet of office and retail space

Developer
Gebhardt Development

Construction Type
New

Status
Complete

Chemistry Building

Chemistry Building Project, UW-Madison
Renovations to existing building and addition of a new eight-story tower

Developer
UW-Madison

Construction Type
Renovation

Status
Under Construction

Hamel Music Center

Hamel Music Center, UW-Madison
80,000 square feet. Includes 319-seat recital hall and 662-seat concert hall, common space, and recording studio

Developer
UW-Madison

Construction Type
New

Status
Under Construction

Nicholas Recreation Center

Nicholas Recreation Center, UW-Madison
240,650 square foot wellness and recreation center

Developer
UW-Madison

Construction Type
New

Status
Under Construction

Barracuda Condominiums

Barracuda Condominiums
Six-story building with 19 condos. Will include 930 square feet of commercial space, underground parking for 19 vehicles

Developer
Populance

Construction Type
New

Status
Under construction

555 W. Washington Ave. Apartments

Apartments at 555 W. Washington Ave.
44-unit apartment complex. Enclosed parking for 44-46 vehicles.

Developer
Kayser

Construction Type
New

Status
Approved

East Johnson Redevelopment

East Johnson Redevelopment
Two, 3-story buildings with 54 apartment units and 2,800 square feet of commercial space

Developer
Chris Houden

Construction Type
New

Status
Under Construction

Drury Plaza Hotel

Drury Plaza Hotel
315-room hotel with first-floor commercial space and four levels of parking

Developer
Drury Hotels

Construction Type
New

Status
Approved

Judge Doyle Square

Judge Doyle Square
Residential space, hotel, commercial space, parking, and bike center

Developer
Beitler Real Estate Services

Construction Type
New

Status
Under Construction

Babcock Hall

Babcock Hall & Center for Dairy Research – UW-Madison 
Addition of 54,650 square feet to Babcock Hall and remodel an additional 29,700 square feet for the Babcock Dairy Plant and the Center for Dairy Research

Developer
UW-Madison

Construction Type
Renovation

Status
Under Construction

Hoofers Boat Deck

Hoofers Boat Deck & Dock Replacement – UW-Madison 
Replacement of all components of the boat docks and storage decks

Developer
UW-Madison

Construction Type
Renovation

Status
Under Construction

Witte Hall

Witte Hall Renovation – UW-Madison 
Renovation and addition of an 11th floor

Developer
UW-Madison

Construction Type
Renovation

Status
Under Construction

Valor

Valor 
5,000 square feet of commercial space and 60 apartments

Developer
Gorman & Co.

Construction Type
New

Status
Approved

Wisconsin Historical Museum

Wisconsin Historical Museum 
Expand museum 100,000 square feet. Add 200,000 to 250,000 square feet of commercial and residential space on top.

Developer
Hovde Properties, Wisocnsin Historical Society, Fred Mohs

Construction Type
Renovation

Status
Announced

Law Park

Law Park/Nolen Waterfront 
Expansion of Law Park that could include roof-deck park over John Nolen Drive and construction of boathouse designed by Frank Lloyd Wright.

Developer
City of Madison

Construction Type
New

Status
Master Planning

Livingston Street Garage

South Livingston Street Garage 
600 to 650 parking stalls and commercial space.

Developer
City of Madison

Construction Type
New

Status
Complete

James Madison Park

James Madison Park 
Draft plans include a new park shelter, clustering of athletic facilities, and reconfigured parking.

Developer
City of Madison

Construction Type
Renovation

Status
Master Planning

Breese Stevens Field

Breese Stevens Field 
Addition of concession area & hospitality deck, new bleacher seating, and renovated space for concerts and vendors.

Developer
City of Madison

Construction Type
Renovation

Status
In Construction

Dane County Jail

Dane County Jail 
Seven-story building.

Developer
Dane County

Construction Type
New

Status
In Development

Madison Public Market

Fleet Services Building 
Retrofit of this city-owned building.

Developer
City of Madison

Construction Type
Renovation

Status
In Development

Madison Metro Garage

Metro Garage
Renovation project.

Developer
City of Madison

Construction Type
Renovation

Status
In Development

Evans Scholars Foundation

Student Residence
Demolition of existing building and construction of a new four story residence hall.

Developer
Evans Scholars Foundation

Construction Type
New

Status
Under Construction

Peloton Residences

Peloton Residences
3-5 stories of commercial space and apartments with underground parking.

Developer
T. Wall Enterprises, LLC

Construction Type
New

Status
In Development

UW Campus Hotel

UW Campus Hotel
176-room hotel with underground parking.

Developer
Mortensen Development, Inc.

Construction Type
New

Status
Announced

Hotel Red, Madison

HotelRED Expansion
Addition of two stories and 40 rooms.

Developer
HotelRED

Construction Type
Renovation

Status
In Development

West Wilson Street Apartments

West Wilson Street Apartments
Five story, 58 unit apartment building with parking for 57 vehicles.

Developer
Block 600, LLC & Walter Wayne Development, LLC

Construction Type
New

Status
Approved

Madison Youth Arts Center

Madison Youth Arts Center
New four story building

Developer
Stone House Development

Construction Type
New

Status
Approved

Development Tracker Updates

If you have a development update or a new development project you would like us to add to the tracker, let us know by emailing the details.

Send An Update

 

Join The Economic Development Committee

All DMI members are welcome to attend meetings. This committee meets the 3rd Thursday every month at 8:00am, in the Old National Bank, lower-level conference room, located at 25 W. Main Street.

If you are interested in joining this committee contact us at info@downtownmadison.org.