Fiscal Note
Total funding of $1,750,000 (including $950,00 in Federal TIGER II grant funds) for this project has been included in the 2011 Adopted Capital Budget of the Department of Planning & Community & Economic Development, Project No. 25, "Public Market Square Planning," Account No. 810707. No additional appropriation is required.
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Authorizing a Joint Master Planning Process with the Marcus/ULI Block 88 Joint venture for a potential convention center hotel and other uses on Block 88, including possible use of the Madison Municipal Building; providing up to $200,000 to assist in the preparation of the Block 88 Joint Master Plan; authorizing the release of a Request for Proposals for Master Planning for Block 105 (the Government East Parking Ramp site) and a 12-block area of downtown Madison, in conformance with the City’s approved TIGER II grant from the U. S. Department of Transportation; and authorizing the Mayor and City Clerk to sign all documents necessary to start the planning processes.
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On September 16, 2010, Mayor David Cieslewicz announced the City’s intent to plan for the “Public Market Square Development District (“The District”), a 12-block area on the southeast side of the Capitol Square identified in the City’s federal TIGER II grant application with a focus on the two blocks adjacent to the then planned passenger rail station at 101 East Wilson Street. The District will include a new Madison Public Market and other supportive retail, replacement of the aging Government East parking ramp with a new structure, a bicycle center, intermodal transit links, and possibly additional office space and a hotel.
To focus on this emerging vision, the Mayor formed an interdisciplinary City staff team in October 2010 to move the planning forward. Chaired by George Austin under a contract with the City. The staff team established a Charge and a Value Proposition to guide its work as follows:
The Public Market Square City Staff Team has been es...
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