Development proposal for Marling Lumber property

M-M Properties Inc. and Campbell Capital Group LLC are planning to submit a proposal to Madison officials next month to build a four-story, mixed-use building on the Marling Lumber Company site at 1801 E. Washington Ave.

The developers are looking to tear down the existing industrial buildings to put up 240 multi-family residential units, retail and office space, and a 340-space parking garage.

The Marling Lumber site is near the proposed Public Market, part of the Capitol East corridor that has experienced a development boom in recent years.