4 development groups want to develop state land

November 20, 2014

MADISON Four development groups are in the running to develop what would become the largest state-owned office building in Wisconsin.

The Wisconsin State Journal reports Wednesday (http://tiny.cc/qxzkpx) that the project is to buy and replace the existing 400,000-square-foot building housing the state Department of Transportation in Madison. The successful bidder would also buy and be allowed to develop the remainder of the 21-acre site.

Terrence Wall, a former Republican U.S. Senate candidate, leads one development group that includes other companies headquartered in Wisconsin.

The other bidders are McCaffery Interests, based in Chicago, Mortenson, based in Minneapolis and C.D. Smith, out of Fond du Lac.

In-person interviews with the selection team are slated for mid-December.

 

Associated Press