• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / Business / Madison council sinks redevelopment proposal

Madison council sinks redevelopment proposal

November 16, 2011 By WRN Contributor

A proposed hotel redevelopment for downtown Madison has fallen off the edge, following a deadlocked city council voted on funding. Tuesday’s 10-10 tie means a developer won’t get $16-million in tax incremental financing for the Edgewater hotel project. City council president Lauren Cnare is disappointed. “One person changed his mind and a couple of the other folks who were new did not see the merits of the project and voted no, which leaves really nowhere,” said Cnare. “The developer was pretty clear . . . he indicated there is no project.” Madison Mayor Paul Soglin’s budget calls for only $3.3 million in tax money for the Edgewater, located on the downtown shore of Lake Mendota.

Robin Colbert, WIBA

Share this:

  • Facebook
  • Twitter

Filed Under: Business, News



Featured Stories

Teachers to begin getting vaccinated March 1 in Wisconsin

Assembly approves bill to allow DWD to update computers

Bucks extend win streak to three

Evers defends proposed budget as Republicans voice disapproval on his spending targets

Antetokounmpo, Middleton lead Bucks past Kings

TwitterFacebook

Sports Headlines

Bucks extend win streak to three

Antetokounmpo, Middleton lead Bucks past Kings

Number-21 Wisconsin ends two-game slide (AUDIO)

Badgers tie Notre Dame, take 4 of 6 points on the weekend

Bucks losing streak reaches five games

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2021 · Learfield News & Ag, LLC