Wis. city offers to fund $3.4M of $60.6M complex

12/17/2012 | Wisconsin State Journal (Madison)

Madison, Wis., has reached a tentative deal with a developer to fund $3.4 million worth of a $60.6 million mixed-use project downtown. "We're just happy to finally arrive at this point," Hovde Properties President Michael Slavish said. The city's offer is less than Hovde's request for $4.1 million in tax incremental financing. The complex would bring 11,000 square feet of retail space, a Fire Department office and 255 apartments.

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Wisconsin State Journal (Madison)

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