Contact:
Tony Hozeny, Department of Commerce, 608/267-9661
MADISON – Governor Jim Doyle today announced a $129,500 Department of
Commerce (Commerce) grant to Central Place Real Estate d/b/a John Nolen
Drive LLC, Madison, Dane County, to develop a brownfields site in Madison.
“Through my ‘Grow Wisconsin’ plan we are working to turn underutilized
properties into job-creating businesses,” Governor Doyle said. “This grant
will help John Nolen Drive do just that – develop a fully-functioning office
complex, creating 45 new jobs for the area.”
This grant will help John Nolen Drive, LLC perform an environmental clean up
of the property. The organization plans to build a 25,000-sq.-ft.,
three-story office building. John Nolen Drive, LLC has already received a
letter of intent from Chamberlain Research Consultants to lease
17,300-sq.-ft. of this space. This project will create 45 jobs, and the
total project cost is $4.8 million.
Commerce’s Brownfields Program provides grants to municipalities, local
development corporations, and the private sector to support assessment,
remediation and return of contaminated lands to productive use. Brownfields
are abandoned, idle, or underused industrial or commercial properties where
redevelopment is hindered by real or perceived contamination. For more
information about the Brownfields Program, contact Jason Scott, Commerce, at
608/261-7714.
