Smith Gilbane, the joint venture development team of Gilbane Development and Summit Smith Development, started construction of Block Three at Madison Yards, marking a major milestone in the continued transformation of Madison, Wisconsin’s, Near West Side.
Block Three is the latest phase of the vibrant Madison Yards master-planned community, a dynamic mixed-use district that is redefining urban living in Madison. Smith Gilbane is redeveloping 14 acres at the Southwest corner of University Avenue and Segoe Road into a walkable, mixed-use district that boasts 500+ residential units, an upscale hotel, multiple Class-A office spaces, 400,000-SF of medical/office space, a Whole Foods Market, and retail, restaurant, and entertainment uses.
This newest development will introduce 199 thoughtfully designed market-rate residential units, 8,733 square feet of retail space, and 200 secure, temperature-controlled parking stalls. Construction began in July 2025, and the first occupants are anticipated to move in during the spring, following construction completion in March 2027…