Meriter Health Services WI

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

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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