Developer shares concepts for $40 million remake of 100 block of State Street

A Madison developer is proposing a roughly $40 million, 12-story housing and commercial project — with condominiums — on a big chunk of the 100 block of State Street that’s largely been a vacant eyesore for the better part of a decade.

JD McCormick Properties is proposing to redevelop five buildings from 118 to 132 State St. that were emptied by other owners in the mid-2010s in anticipation of constructing a nine-story boutique hotel that stalled amid financial challenges in 2019.

In 2022, McCormick acquired buildings from 122 to 132 State on the block next to Capitol Square and kitty-corner from Overture Center. The developer is negotiating to buy 118 State St.
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RSK: This would be a welcome development in my estimation...plus there is a need for more condominiums downtown. This would help clean upm that corner of State and Mifflin Street.