Four new Judge Doyle Square concepts submitted
After city officials asked developers to go back to the drawing board on the massive Judge Doyle Square project in downtown Madison, four new plans were submitted, including one from Hammes Co. and Majestic Realty that would make Madison-based Exact Sciences an anchor in the project.
Exact Sciences, developer of Cologuard, a non-invasive test for colon cancer, is looking to relocate from the west side of Madison due to its rapidly expanding employee base, and is considering several options, including Research Park and Fitchburg. However, locating downtown would be especially attractive to employees, noted Kevin Conroy, chairman and CEO, in media reports.
The four proposals range from $112.8 million in projected costs, with no public assistance, to as much as $203.2 million for the Hammes project that includes Exact Sciences and would require between $55.6 million and $65.5 million in public support, according to a report in the Wisconsin State Journal.
The plans submitted include:
A $112.8 million plan from Beitler Real Estate Services of Chicago to build two 150-room mid-priced hotels, 200 apartments, 45,000 square feet of government office space, public outdoor space, and 973 parking spaces. No public assistance would be required.
A plan from Doyle Square Development (Urban Land Interests of Madison and North Central Group of Middleton) to bring two Marriott-branded hotels offering 257 rooms to downtown, 108 apartments, 197,000 square feet of office space, 12,645 square feet of retail, and 1,302 underground parking spaces. No price was given, but the public would be asked for about $48 million to cover parking.
A plan from Vermilion Development of Chicago for a 282-room Marriott-brand hotel with a restaurant, 93 apartments, 94,000 square feet of office space, 18,000 square feet of meeting space, 13,500 square feet of retail space, and 1,055 parking spaces. The cost would be $189.5 million, with $52.2 million in public support for parking.
A $186.4 million to $203.2 million plan from JDS Development (The Hammes Co. of Madison and Majestic Realty of Los Angeles) that would provide 357,000 square feet of space for a new Exact Sciences headquarters that could bring as many as 600 employees to the downtown area. It would also include as many as 250 hotel rooms, plus restaurant and retail, but no housing. Other elements would include a food hall, wellness center, conference center, broadcast/digital media center, and up to 1,540 parking spaces. The public would be asked for between $55.6 million and $65.5 million in support for parking and public elements.
The City Council will choose a developer in August.
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