City of Madison Capitol East District · Google Dental office Coffee shop Restaurant/Bar 205 units...
Transcript of City of Madison Capitol East District · Google Dental office Coffee shop Restaurant/Bar 205 units...
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City of Madison
Capitol East District
Brynn Bemis
May 12, 2016
City of Madison Engineering
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B.R.E.W.D.
$1 million Grant
Commerce
Brownfield
Remediation/
Elimination &
Workforce
Development
2007
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Isthmus History
Madison’s first factory district
Built on marshland filled with contaminated coal ash and other industrial by-products
Large industrial facilities
Dozens of bulk oil and coal storage yards
25-track railroad yard
Coal gasification power plant
High concentration of vacant or underutilized sites
43.5% of population is below the poverty level
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Madison’s Brownfield Program
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E. Washington Ave. Cross-Section
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City Investment in Capitol East
2008 Capitol Gateway Corridor Plan
Tax Increment Financing
Land-Banking – Don Miller Lots & Rayovac Factory
$20 million City Affordable Housing
State and Federal Brownfield Funds
Hired Marketing Consultant
Biweekly Staff Meeting
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800 North
4.5 acres
800 South
2.0 acres
700 South
2.0 acres
$5.5 million
purchase by City
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Figure - Site prior to remediation.
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800 North
4.5 acres
800 South
2.0 acres
700 South
2.0 acres
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CONSTELLATION
$3.4 million TIF
BREWD $200k
$39 million
12 stories
Dental office
Coffee shop
Restaurant/Bar
205 units
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800 North
4.5 acres
800 South
2.0 acres
700 South
2.0 acres
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GALAXIE
$5.9 mil TIF
$400k EPA and $400k WDNR brownfield cleanup grants
$90 million
15 stories
Festival Foods
250 units
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800 North Cleanup
1983-1990 16 USTs removed from site
Significant petroleum and industrial fill
2013 Public Works Remediation:
Demolished all buildings and pavement
Removal of 13 hydraulic lifts
Removal of 2 unknown USTs
Excavation of 10,600 tons of “industrial fill”
Excavation of 6,000 tons of petroleum soil
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Figure - The central petroleum excavation in May 2013.
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800 North
4.5 acres
800 South
2.0 acres
700 South
2.0 acres
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COSMOS
TIF: TBD…
$50k EPA
Assessment Funds
$69 million
AmFam Insurance
StartingBlock
Madison
2,300-seat
performing arts
venue
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Capitol East Financial Tools
Constellation Galaxie Cosmos
TIF $3.4 million $5.0 million ~$3 million
EPA Cleanup Grant $400,000
EPA Assessment ~$50,000
WDNR RfR Cleanup $400,000
City BREWD grant
(Commerce)
$200,000
PECFA $23,000 $272,000 $102,000
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Capitol East Financial Tools
City:
TIF
Affordable Housing Funds (from General Fund)
State:
WDNR – Ready for Reuse Grant, PECFA, DERF
WEDC – Assessment and Cleanup Grants
Federal:
USEPA - Assessment & Cleanup Grants
$3.2 million Bike/Ped Earmark for Central Park
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Madison’s Brownfield Program
EPA Assessment
Grant - $137,000
Reynolds
Crane Lot
Central Park
Land O’ Lakes
Marling
Lumber Yard
Restaurant/bar
complex
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WHEDA Affordable Housing
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Land O’Lakes
Madison Dairy
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Central Park