Developer proposing $50M housing project on Williamson Street

Madison-based Threshold Development Group is proposing a roughly $50 million housing project in two buildings in the Williamson Street corridor, according to a report from the Wisconsin State Journal.

The proposal would see Threshold redevelop a site at 826 Williamson St. that formerly was home to a Struck & Irwin Fence Inc. office building, along with an adjacent property at 302 S. Paterson St. along the Capitol City Trail used by Struck & Irwin for storage.

Threshold seeks to build a three-story building stepping up to four stories with 55 housing units and 3,374 square feet of commercial space on the first floor at 826 Williamson St. A five-story building at 302 S. Paterson St. with 133 units and 864 square feet of commercial space is also planned.