A developer is proposing a 14-story project with roughly 250 apartments, deck top pool, commercial space and underground parking to replace the structurally shaky Downtown office building that houses Paisan’s restaurant.
Greg Rice, the current owner, submitted a notice on April 8 stating that he intends to apply to tear down the 12-story building at 131 W. Wilson St. — despite objections from Paisan’s. The building has closed and reopened twice over the last several months due to ongoing structural concerns.
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The developer, who has an option to buy the site, has not stepped forward publicly as Rice addresses leases and other issues with existing tenants.
The proposed 14-story structure rising to the Capitol Height Limit would feature a two-story public lobby facing West Wilson Street, said Kirk Keller of Plunkett Raysich Architects, which is working with the development team. The first floor would offer about 1,400 square feet of retail space, which could accommodate a coffee shop with some seating in the lobby and outside, and 4,000 to 8,000 square feet of office space on the second floor, he said.
The structure would have multiple levels of underground parking with resident amenities on the second floor that would open to a second-floor deck above the parking garage with a pool overlooking Lake Monona, Keller said.
The proposal calls for 240 to 260 apartments on the third through 14th floors with a mix of unit sizes from true studios up to three-bedroom units, he said. “A wide variety to fit the needs of people who want to live in Downtown Madison,” he said.
No decisions have been made, but there’s “open discussion” about including lower-cost units, Keller said, adding, “The possibility is there.”
The proposed building has not been designed, but the development team has shared a preliminary concept showing the mass of the structure.
“With the building facing both West Wilson Street, Lake Monona, and as a prominent addition to the city skyline, a design balance is required,” Keller said. “The major sides of the building require different design considerations. One material, repeated around the entire exterior with a common repetition of windows is probably not the correct design approach for this addition to the skyline of the city of Madison.”
It is unclear if the developer will seek any public financial assistance.
“I think the proposed use and height and massing is quite predictable,” said Ald. Mike Verveer, 4th District, who represents the site. “It’s the trend Downtown.”
Keller made a presentation to the Bassett District of Capitol Neighborhoods Inc. on Monday evening.
“I think the neighbors in attendance were pleased with the energy efficiency and green aspects of the plans,” Bassett District chair Jonathan Cooper said. “Although the architect had no details, he did indicate that there have been conversations on including affordable units, something that is a focal point for Downtown and Isthmus neighborhood associations.
Some also voiced concerns, Cooper said.
“This would be a large building on a tight site and concerns were expressed regarding the adequacy of the spaces allotted to move-ins/move-outs, trash and recycling pickups, and daily deliveries and drop-offs,” he said.
The impact of the additional traffic that would be generated on West Wilson Street, an already extremely busy Downtown arterial scheduled to have a two-way cycle track, the Dane County Jail expansion, and potentially another high-rise apartment at 139 W. Wilson St. added to this block, was also noted as a concern, he said. Another large, high-rise apartment building is already under construction at 145-151 W. Wilson St.
Verveer said he intends to propose an expansion of an existing, nearby tax incremental financing (TIF) district to the area to help pay for public improvements.
Next, Rice needs to file a demolition application, which would be considered by city committees and need final approval from Madison’s Plan Commission. Rice, who is president of Executive Management Inc., which owns the property, is shooting for that process to be complete by the end of June, according to the notice.
Walter Borowski, co-owner of Paisan’s, has called the demolition notice “a terrible development” in the ongoing saga of repercussions stemming from a degrading underground garage in the building.
The city ordered the property shut in September due to structural concerns raised in an engineering report and occupants of the building — constructed in 1971 — reportedly feeling a shaking or swaying inside. Temporary supports were installed in the parking garage, allowing it to reopen in October.
But the owners failed to keep up with the required inspections, causing another closure of the building in December. The building reopened in January after the city’s Building Inspection Division said common spaces were safe.
Plunkett Raysich Architects is not involved in the efforts of the current owners to remove the existing building, Keller said. “I have been informed the estimated demolition time is about seven months,” he said.
“It’s obvious the current building has outlived its useful life,” Verveer said. “The eventual demolition is a foregone conclusion. (But) my heart goes out to Paisan’s and other building tenants. They have gone through so much unnecessary harm and uncertainty through the last many months.”