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Article: HOTEL POSSIBLE FOR BANCROFT DAIRY SITE.(CAP TIMES)(BUSINESS BEAT)(Column)
- Article from:
- The Capital Times
- Article date:
- October 15, 2008
CopyrightCOPYRIGHT 2008 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mike Ivey mivey@madison.com
The city of Madison has been trying to boost redevelopment of the South Park Street corridor for years, including pumping more than $10 million into the blighted Villager Mall. Now, a Chicago-based real estate developer is eyeing the former Bancroft Dairy site on the corner of Fish Hatchery Road and Park Street, with thoughts of a hotel to serve visitors to the UW-Madison campus and nearby hospitals.
Clark Street Development LLC has been meeting quietly with city of Madison officials about redeveloping the site, which has been vacant since 2004 when Dean Foods closed the dairy.
The development firm - which has ...