A Madison developer is proposing to tear down the building that has been home to Red Caboose Child Care Center for 50 years in order to build for a roughly $12 million, three- to five-story housing and commercial project, according to a report from the Wisconsin State Journal.
Red Caboose is relocating later this year to a $14.5 million, four-story, 93,000-square-foot building at 2340 Winnebago St., which it will share with nonprofit housing provider Movin’ Out.
John Fontain Inc. wants to demolish the building at 654 Williamson St. on the near east side for a new structure that would provide 46 apartments, 2,656 square feet of commercial space, and 48 structured parking spaces.
The proposed new building would be three stories along Williamson Street and then step back and transition to five stories. The building would offer 14 studios, 23 one-bedroom, and nine two-bedroom apartments marketed to professionals. The first floor would offer 2,656 square feet of commercial space, with parking at the first floor and basement levels as well as 56 bike stalls.
If the city approves the project, construction is expected to begin in the summer and the project would be completed in mid-2024.
