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- LoopNet Team
8110 Midtown Rd
Madison, WI 53719
Lot 5 · Land For Sale · 1.07 AC
Investment Highlights
- Fully entitled development site.
PROPERTY FACTS
Description
CBRE, Inc. is pleased to present a fully entitled suburban multifamily development opportunity on Madison’s west side. A choice location in the greater Madison market marked by strong rent growth and continued robust absorption. Mid Town Commons is an investment-grade project with 4,223 SF of commercial space and 270 luxury units. The 4.865-acre site is located east of South Pleasant View Road and north of Mid Town Road. Bounded by Waldorf Boulevard and Mayo Drive the property provides easy access to Madison’s west side and rapidly-expanding, Verona. Mid Town Commons is a three building, three-to-four-story development with a well-balanced unit mix with studio, one-,one plus den-, two-, and three-bedroom units. One level of heated underground parking and a surface lot provides ample community parking. Midtown Commons will offer first-class amenities including a fitness center, rooftop party area, pool, hot tub, and dog run. Nominal commercial space is programmed into the development with the opportunity to convert to rental units. As of June 1, 2020, the project is approved by the Urban Design Commission, Plan Commission, and Madison Common Council. Developments approved on June 2, 2020 and going forward, need to adhere to new, stricter flood plain threshold requirements adopted by the Madison Common Council. Mid Town Commons requires stormwater management as deemed necessary by the 100-year flood plain, whereas a development going through the same process today would need to meet the 200-year flood plain requirement.
Links
zoning
Zoning Code | PUD-GDP & G1 |
PUD-GDP & G1 |
Listing ID: 21653984
Date on Market: 2020-12-03
Last Updated:
Address: 8110 Midtown Rd, Madison, WI 53719
The Land Property at 8110 Midtown Rd, Madison, WI 53719 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.