JDS: Council selects Gebhardt plan
Rendering courtesy Gebhardt Development
The Madison City Council sided with a recommendation from the city’s finance department and selected a $52 million proposal from Gebhardt Development for the Block 88 portion of the downtown Judge Doyle Square project. Two other plans had been submitted, one from Stone House Development and another Milwaukee-based Mandel Group.
Gebhardt’s plan offered the most affordable housing units (78 of 196 apartments), which played a significant role in the Council’s “near unanimous voice vote,” according to a Wisconsin State Journal report. The affordable apartments will be offered to renters making at or below 60 percent of the county median income, or $49,560 for a family of three. Gebhardt is still exploring how to intersperse those units throughout the building.
The structure will be built on top of the soon-to-be-completed parking structure being built by contractor JP Cullen, which recently partnered with Gebhardt. The building will also include 26,000 square feet of commercial space and 7,000 square feet for retail.