The City of Madison and the Community Development Authority (CDA) are celebrating the start of construction on a project that is years in the making, hosting a groundbreaking ceremony for the first phase of the “Taking Shape, Our Triangle” redevelopment downtown.
Over the next decade, the Triangle – the neighborhood bordered by West Washington Ave., South Park St., and Regent St. that is shared with the Bayview Foundation, Asian Midway Grocery Store, and medical service providers – will see several new buildings containing deeply affordable modern homes for those who currently live in CDA properties within the Triangle. Hundreds of additional new homes for people across different income levels will also be created in future phases of this project.
Mayor Satya Rhodes-Conway was joined by Gov. Tony Evers, U.S. Rep. Mark Pocan, Wisconsin Housing and Economic Development Authority (WHEDA) CEO and Executive Director Elmer Moore, and CDA leadership in celebrating the groundbreaking Wednesday morning.
Folks, this redevelopment is an incredible milestone for the Madison community. Together, you’re putting the power back into the community’s hands, giving residents access to a space where they can grow, plan for their future, and thrive. It’s a wonderful accomplishment for the entire community and the State of Wisconsin, and I look forward to seeing the positive impact this space will have on the neighborhood and community in the months and years to come…