State looking to sell 3 large office buildings in Downtown Madison


State looking to sell 3 large office buildings in Downtown Madison


The state would sell the historic State Office Building and two other large Downtown office buildings under a plan unveiled Wednesday by Gov. Tony Evers’ administration to reduce state government’s Madison footprint by more than a quarter.

The Department of Administration’s updated “Vision 2030” strategic plan proposes consolidating several Madison-based state agencies and offices and selling the properties, which account for more than 813,000 square feet of state-owned space. Doing so would save the state roughly $446 million in deferred maintenance costs that would otherwise be needed to update the aging buildings, according to the plan...

https://doa.wi.gov/Secretary/DOAVision2030_Update.pdf



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Ken Notes: I have been advocating for 10 years for the sale of the DHFS building in downtown. It would make a world class hotel and could make the Monona Terrace a destination for larger conventions and events. Read the report. This could be huge...

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- - Volume: 11 - WEEK: 9 Date: 3/2/2023 9:03:30 AM -