Under a plan from Gov. Tony Evers’ administration designed to reduce the state government presence in Madison, the state is looking to sell three of its large office buildings, according to a report from the Wisconsin State Journal.
The Department of Administration’s updated “Vision 2030” strategic plan proposes consolidating several Madison-based state agencies and offices and selling the properties, which account for more than 813,000 square feet of state-owned space. Doing so would save the state roughly $446 million in deferred maintenance costs that would otherwise be needed to update the aging buildings, according to the plan. Selling the buildings would also shrink state government’s real estate space in Madison by 28%.
Approximately 3,800 state employees would be affected by the Madison relocations, according to the department.
