Two Madison organizations found support from the City Council to expand their operations on Tuesday.
Council members voted to provide a $35,000 loan to Regent Market Co-op as the grocery store undergoes a $1.2 million expansion of its Near West Side location.
The city’s Economic Development Division also received council approval to apply for a $250,000 grant from the Wisconsin Economic Development Corp. to assist the nonprofit Sector67 in purchasing and remodeling a new headquarters.
Regent Market’s loan will come from the Madison Capital Revolving Fund and will help the organization, 2136 Regent St., improve its solar energy production.
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Sector67 is looking to move into a larger East Side location at 56 Corry St. from its current space in a former pole barn at 2100 Winnebago St.
The collaborative workshop is a space for people to learn, teach and create various technology, such as metalwork, application development and sewing.
Council members also approved an agreement between the city and Iowa-based RDG Dahlquist Art Studio to design, fabricate and install a public art piece where State Street meets Library Mall and East Campus Mall on the UW-Madison campus.
The studio’s initial concept design includes a lighted stone feature next to a 20-foot-tall steel structure. The project is funded by tax incremental financing proceeds. After $12,000 has been spent on the project’s design, the estimated remaining cost is $160,000.