Meriter Health Services WI

Madison,
WI
(2011)

Meriter Health Services WI

Affordable Housing, Community, Healthcare, Housing, Mixed-use, Retail, Retail and Commercial

The $90 million mixed-use plan for a site currently owned by Meriter, called Block 51, includes 400 mixed-income housing units, 20,000 sq. ft. of retail space, 100,000 sq. ft. of office space and more than 920 parking spaces.

Investment

NMTC Amount: $5,000,000
Total Project Cost: $16,805,887

IMPACT

190 FTE jobs
95 construction jobs
1,600,000 sq. ft. of real estate

CDEs

Park National Bank Initiatives

Investor

Park National Bank

Project Description

The $90 million mixed-use plan for a site currently owned by Meriter, called Block 51, includes 400 mixed-income housing units, 20,000 sq. ft. of retail space, 100,000 sq. ft. of office space and more than 920 parking spaces. The project set aside 20 percent of the units for families with incomes between $25,000 and $50,000, which is considered an accomplishment due to the high-cost of development in the downtown area.

MAP

Address: 780 Regent Street, Madison, WI 53715

Census Tract: 55025001606

PDF Profile

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