Madison considers 13-story apartment building with public parking garage to replace State Street Campus ramp
The Madison city council is considering a proposal for a 13-story apartment building and parking ramp to replace the 60-year-old Lake Street half of the State Street parking ramp, according to a report from Channel3000.
The project at 415 North Lake St. would build a 13-story building with the first six floors serving as public parking and the remaining top floors becoming a new student apartment building with around 200 units. The other half of the State Street ramp, with an entrance on Frances Street, would stay as it is.
The development would include an interstate bus terminal, something downtown Madison doesn’t currently have. The proposal also specifies that around 100 units in the apartment complex would be required to be offered at an affordable price.