A proposed $40 million project to redevelop the corner of Monona Drive and Cottage Grove Road has been rejected by the Madison Plan Commission, according to a Wisconsin State Journal report.
The plan from developer Joe Krupp called for demolishing the Lakeside Shopping Center, the former Jade Monkey bar building, and Exhaust Pros muffler shop to build a four-story structure that would include 2,500 square feet of commercial space, 188 apartments, and underground parking. A sticking point for many commission members was the loss of the overall retail space.
