With the arrival of spring to Madison also comes a flurry of development proposals, including four proposals for multifamily housing scattered across the city’s western and downtown corridors.

Here are six of the biggest development proposals up for approval next month:

1. Multifamily complex in new southwest subdivision

2. Regent Street redevelopment

3. West side apartments

4. Three-story redevelopment on the isthmus

5. and 6. Referred proposals

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View map of current development projects(opens in a new window)

The projects listed on this page involve a Land Use or Subdivision Application. To see the application materials for a project click on the Legislative Files link....

Sellers trade reach for control

Did you know that you can sell your company twice? And that by selling it twice you can realize a much higher combined sale price than you can by selling it just once?

There are many options for exiting your business, including a sale to a strategic buyer, sale to a financial buyer, management buyout, ESOP, and sale or gift to a family member, but only one of those options allows you to sell your company twice.

Selling your company to a private equity firm (i.e., a financial buyer) offers some great benefits that aren’t possible through other sale alternatives.

When private equity firms buy companies, they usually only offer to buy 70-80% of the company, asking the seller to maintain a 20-30% equity position in the company. This is often referred to as “rolling your equity.”..

Need to sublet extra office space?

Let our years of experience help you find relief from this excess space and help your bottom line" 

Call Ralph Kamps 608-345-2880

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The surge in data center development has become one of the largest capital stories in commercial real estate, driven by the rapid rise of artificial intelligence. Billions are flowing into new projects, with construction and deal activity accelerating sharply and demand outpacing supply in many major markets. Low vacancy rates and heavy pre-leasing, often years in advance, have reinforced the belief among many investors that AI-driven demand is durable and still in its early innings.

At the same time, there is growing unease about how quickly capital is concentrating in one asset class. Some investors are acquiring land and securing power before lining up operators, reflecting a fear of missing out rather than disciplined underwriting. Others point to the rapid evolution of AI technology itself, warning that computing needs, chip lifecycles, and deployment strategies could shift faster than these facilities can be delivered, potentially leaving certain projects less relevant or misaligned with future demand...

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Prince William County, Virginia, looked very different in 2016.

With the Manassas Civil War battlefield at its center, the county long served as a dividing line between the heavily developed D.C. suburbs of Northern Virginia and the rural communities in the central part of the state. 

A decade ago, the county’s western half was predominantly forests and farms, with its eastern half filled with bedroom communities.

Now, an explosion of data center development has changed this landscape dramatically. Vast campuses of windowless concrete buildings surrounded by generators have bubbled out along major highways and power transmission corridors, replacing homes, businesses and green space...

Washington-based housing developer DevCo Residential Group wants to build a pair of lower-cost apartment buildings at the site of east side Madison’s former Metro Transit North Transfer Point, the Wisconsin State Journal reports.

The proposal includes 163 total apartments in two four-story buildings, constructed side-by-side at 1201 Huxley St. and 1910 Roth St. near the former Oscar Mayer plant. The shuttered bus transfer point — among those eliminated in 2023 after a system redesign aimed at streamlining service — would be removed.

DevCo’s plans feature one-, two- and three-bedroom apartments for households earning 50-70% of the area median income, which for Dane County last year was roughly $90,900 for a one-person household and $129,800 for a four-person household...

MCFARLAND — Construction has begun on a new housing development at the northwest corner of County Road AB and Elvehjem Road on McFarland’s southeast side.

JANESVILLE — As Wisconsin continues to be flooded by new data center proposals, with more expected in coming years, UW-Madison data science researchers are raising alarms about whether the state’s existing electrical power grid can handle the anticipated rising load.

Utility companies like Alliant Energy, and multi-state energy transmission system operator MISO respond that they’re prepared to shoulder an expected, and unprecedented, massive spike in demand from such hyperscale projects.

The rising questions about statewide and Midwest region-wide electrical power grid reliability is key for Janesville, where an 800-megawatt data center is proposed to go on the 250-acre former General Motors assembly plant site on the city’s southside.

GM closed the plant at the end of 2008, followed by the demolition of the buildings there in 2018 and 2019. At its peak in the 1970s, the GM plant along Kellogg Avenue in Janesville employed about 7,000 people...

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Baseball-sized hail used to read like a weather oddity. In March, it looked more like a balance-sheet issue.

In Kansas City, storms dropped hail as large as 4 inches across parts of the metro, with the worst damage concentrated in the Northland. In the Chicago region the same week, a supercell produced giant hail in the Kankakee River Valley, including a stone measured at more than 6 inches that could set a new Illinois record. These were not edge-case rural events. They hit major Midwestern metros with deep inventories of apartments, office buildings, retail centers, and industrial properties.

Commercial appeals shift costs to homeowners

Property taxes in Chicago’s Cook County have climbed 182% over the past 30 years while inflation rose just 91%, creating an affordability crisis that threatens to reshape Chicago real estate markets from residential neighborhoods to downtown office towers. Property owners paid $19.2 billion in taxes in 2024, up from $6.8 billion in 1995, according to a new study from County Treasurer Maria Pappas released Monday. Average wages grew 161% during the same period, meaning tax bills are consuming an ever-larger share of household income despite laws ostensibly designed to cap increases. The disconnect is particularly stark when examining what homeowners should be paying versus what they actually owe. If property taxes had kept pace with inflation, the median bill would be around $3,057 instead of the actual $5,827.

RASCW Broker Summit 2026
Thursday, April 16, 2026
(9:00 AM - 3:30 PM) (CDT)

•     Nykea Pippion McGriff, Vice President of Broker Engagement, NAR
•     Jessica Lautz, NAR Deputy Chief Economist
•     The RPR Team, sharing tools and intelligence to sharpen your business decisions
•     Plus additional expert voices and peer discussion ...

There’s no better setting to explore the state of building and development in Wisconsin’s capital region than in the shadow of the state capitol building in Madison — a city that often sets the agenda for the rest of the state. On a crisp and sunny Monday morning in February, In Business gathered four construction, development and legal experts from Dane County at the downtown offices of legal firm Boardman Clark for a far-reaching discussion about everything from the region’s burgeoning workforce development pipeline to the lack of commercial development in Dane County to how is AI reshaping the construction landscape. What follows are edited highlights of the approximately 90-minute discussion.

PANELISTS:

• Patrick Baldwin, principal/president, Advanced Building Corporation

• Tim Cleary, executive vice president, Ideal Builders

• Jamie Radabaugh, attorney, Boardman Clark

• Christopher Tatge, president, DC Materials LLC

MODERATOR:

• Michael Popke, contributor, In Business Madison...

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Daily data are starting to show a significant deterioration in inflation expectations and consumer sentiment across the income distribution, see the first two charts below.

But there is a difference between what consumers are saying and what they are doing. The third, fourth and fifth charts below show that weekly data on consumer spending remain strong, daily data on airline travel remain strong and weekly data on hotel demand remain strong. A full review of all publicly available daily and weekly indicators shows no signs of demand destruction, see our chart book here.

Markets are overreacting to what will likely be a 4- to 6-week period of volatility, which will ultimately result in 50 years of stability in oil markets, supply chains and geopolitics. The Gulf region will become more stable and even more closely integrated with the global economy. For the Fed, the rise in inflation due to higher oil prices is temporary; once the conflict is over, Fed cuts will be priced in again, and long rates will decline...

          

	The Gialamas Company, Inc.	Artis Reit	Key Commercial Real Estate, LLC
Madison Commercial Real Estate LLC	St. John Properties	IA Management, LLC	Wisconsin Commercial Real Estate
Park Towne Realty LLC	Mullins Group, LLC	Crown Commercial	Flad Development & Investment Corp.
Evans Properties, LLC	Keller Real Estate Group		MIG Commercial Real Estate, LLC
First Weber Group, Inc - West Towne	Opitz Realty, Inc.	First Weber Group, Inc - Prairie Du Sac	Peterson Management Company Inc.
The Lenhart Company, Inc	Scott Faust & Associates	Shamrock Real Estate Services, LLC	Targa, Inc
Executive Management, Inc	Stark Commercial - East	Urban Land Interests	Slinde Realty Company
Assist-2-Sell/Pohlkamp & Associates	Berkshire Hathaway Home Services Matson Real Estate	Artisan Graham Real Estate

Hovde & Hovde, Inc