Madison moved closer to buying a tranche of vacant east side lots for potential housing and park development last week as the city’s Plan Commission recommended approving $4 million in tax increment financing for the purchase of 17 lots near Pinney Library along Cottage Grove Road.City staff expect to finalize the purchase in late July, pending final approval of amendments to Tax Increment District 44, planning department spokesperson Jaymes Langrehr said. The district was created in 2013 to facilitate development at the former Royster-Clark fertilizer plant near Lake Monona and improvements to Cottage Grove Road.
The development that would become known as Royster Corners began to take shape in 2011 when Ruedebusch Development laid out plans to clean up the roughly 30-acre site. Following cleanup, a partial redevelopment of the site took place, including the construction of the Pinney Library, apartments and single-family homes...
RSK: Good idea. It should help with development but interest rates and construction material costs remain high. The Park is also a needed amenity.
Share this article on your social outlets
Our Sponsors
- - Volume: 26 - WEEK: 27 Date: 6/30/2026 3:18:15 PM -