Alder Yannette Figueroa Cole
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210 Martin Luther King, Jr. Blvd
Madison, WI 53703
Phone: (608) 266-4071
Fax: (608) 267-8669
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District 10 Development
District 10 has not had significant development in recent history. However, our district is really feeling the squeeze of being in the middle of significant new development around us. I believe we are also going to see a turn over of some of our retail spaces as the tax overhaul of last year also put in place a tax incentive for investing funds into designated Opportunity Zones.
See prospectus and maps HERE
The main target for Opportunity Zone investing in District 10 is just south of the belt line on the frontage road. I have received notification of a company renovating the old music store there called Indoorance. The business is the concept of an endurance training club. They want to create a community of elite endurance athletes who support each other and provide a center for new athletes to break into, and excel in their chosen area.
I have met with a number of developers as well as city planning and the Midvale Heights neighborhood association to see what ideas both residents, prospective developers, and the City would like to see. They are all aligning rather well as I am hearing from all parties that some combination of market rate housing, senior housing, and workforce housing with office, lab, or hospital space and possibly a hotel. The residents I have spoken with have been clear they want the focus to be on a walkable space that is friendly and inviting. Because of it's unique location with the transit point almost on site the large site is ideal for some larger buildings. I will keep you all up to date on any proceedings here.
In Orchard Ridge there was a proposal to build a 4-Plex in an area designated for Low Density residential. In order to be approved it needed a Conditional Use Permit as well as a Zoning designation change. City Planning recommended approval to the Plan commission.
There was one neighborhood association meeting before I came into office and then I held a Neighborhood meeting after being sworn in. The neighborhood came out significantly against the project and after much investigation I also felt the Conditions Of Approval had not be met and the development was not in the best interest of the neighborhood. We then took it to the planning commission and the neighborhood presented their case with the planning commission unanimously voting to table the proposal without prejudice. This recommendation then went to the Common Council and it was approved to be tabled.