The Capital Times: Madison, WI, goes condo
Go back just eight years and there was almost no downtown condominium market. Then, in 1999, visionary architect Kenton Peters took what was then an 83-year-old industrial building, Union Transfer Station and Storage Co. at 155 E. Wilson St., and turned it into more than two dozen stylish condos. All but three of the units sold before construction began. Now, a half dozen larger condominium projects punctuate the downtown landscape. Nolen Shore. The Loraine. The Marina. And there are more ambitious ones on the way. You need a map to keep them all straight. Nearly 900 condominium units - conversions and new construction - have been built since 1998 in or near downtown Madison, and 1,600 more are planned or under construction. Beyond that, there are projects under discussion to add another 1,000 units.