Other Central City
A brief is a short version of a case study.
The Constellation is a 12-story mixed-use development outside of downtown Madison, Wisconsin, that opened in 2013. The project includes 220 apartments and 32,500 square feet (3,019 sq m) of commercial space, which is anchored by a mix of local eating and drinking establishments. The decision by the project’s developer, Gebhardt Development, to accommodate local food businesses within the Constellation, instead of leasing the building’s retail spaces to national credit tenants, has led to the creation of a dining destination that is a major draw for area residents.
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City tax incremental financing, BMO Financial, New Markets Tax Credits, Midwest Disaster Bonds, private equity
Features and Innovations:
Rooftop farm; A mix of local food businesses; Proximity to farmers market