Business Report

Charter opens media suite

Charter Media announced the grand opening of a new state-of-the-art studio and production suite at 1241 John Q. Hammons Dr., #101. It will be available to both for-profit and nonprofit organizations needing video production.

Whyte Hirschboeck Dudek adds office space

The Madison office of Whyte Hirschboeck Dudek has acquired additional contiguous space at One East Main Street for its 34 attorneys. The firm now has about 30,000 sq. ft. of space and occupies most of the third floor of 33…

Dane County second in the nation in wage increases

According to the Quarterly Census of Employment and Wages (QCEW), Dane County ranks second in the nation in private-sector wage increases over the past 12 months. The county’s ranking was boosted by increases in areas such as health care, information…

Unemployment down from 2013 in most Wisconsin cities

Preliminary data from the U.S. Department of Labor Statistics indicate that Wisconsin’s 32 largest communities saw an uptick in the jobless rate in January, compared to December, but a decline in the rate compared to January 2013. Caledonia had the…

Supervalu to close offices

In Pleasant Prairie, west of Kenosha, 155 jobs will be lost when Supervalu closes its regional office and consolidates from three regional offices down to two — one in Virginia and one in Minnesota. About 40 sales and marketing staff…

More student housing proposed for Bassett neighborhood

The Keller Real Estate Group wants to erect a $2.5 million apartment unit at the corner of West Main and Bassett streets. The four-story, 18-unit structure would target students and offer first-floor commercial space and studios and one-bedroom apartments above,…

E. Wilson Street rezoning approved

Despite opposition from Ald. Mike Verveer and others, the City Council voted 17-2 to approve a rezoning of 149 E. Wilson St., which allows a McGrath Property Group plan for a 14-story apartment tower on the site to move forward.

Former Alexander Co. employee charged with stealing from company

The Alexander Co., a property management and development firm in Madison, was allegedly bilked out of nearly $100,000 by a former employee, Gregory Hunt, who had managed several of Alexander’s buildings. Hunt allegedly created a fake company, Floor-Tek, and used…

State improves job-growth ranking

It wasn’t a huge gain, but Wisconsin improved its rank in private-sector job creation by two spots, from 37th to 35th, according to numbers released by the U.S. Bureau of Labor Statistics. Between September 2012 and September 2013 (the most…

Lands' End to go independent

Sears Holdings Corp. will spin off Lands’ End on April 4, making the Dodgeville-based company independent for the first time in a dozen years. It will begin trading on the Nasdaq on April 7 under the symbol LE. Lands’ End…

American Superconductor plant to close

American Superconductor announced it will close its Middleton plant by the end of the year as it trims its total staff between 5% and 10%. Operations will be transferred to the company’s Massachusetts headquarters, and employees will reportedly be offered…

Office building to grow at former Johannsen’s site

When Johannsen’s Greenhouses closed last summer, word was it would be replaced by an expansion of the Kayser Automotive dealership next door. Now, Kayser CEO Pat Baxter, who purchased Johannsen’s for $1.45 million, has announced that a multistory office building…

East Wash teen site transitioning to dining stop

The long-vacant site of the Lussier Teen Center at 827 and 829 E. Washington Ave. will become a wine bar, a coffee shop, and a Southern-style restaurant featuring Southern fried chicken, ribs, and cornbread. John Reske of Fourcap Real Estate…

Drifty secures $1M in funding

Drifty, a Madison tech startup, announced a $1 million investment from Arthur Ventures, a firm with offices in North Dakota and Minneapolis. Drifty makes software to help users create their own mobile apps and just launched new, free-to-the-public technology that…

Home inventory tight, prices rise

The number of available homes for sale in Dane County was among the lowest in the state according to the latest report from the Wisconsin Realtors Association. With just 4.6 months of available inventory, Dane County tied with St. Croix…