Gilbane JV Wraps Up Wisconsin Project
The 273-unit EO Madison Yards is the first of two communities planned by the developer.
EO Madison Yards is part of a mixed-use district that will comprise retail and office space, in addition to 540 rental units. Image courtesy of Gilbane Development Co.
A joint venture of Gilbane Development Co. and Summit Smith Development has completed EO Madison Yards, a 273-unit luxury community in Madison, Wis. KTGY is the architecture firm that created the building design.
The 2.9-acre, 16-story property is at 4702 Madison Yards Way. It encompasses studio, one- and two-bedroom floorplans. Apartments range between 547 and 1,326 square feet. Each unit is equipped with stainless steel appliances, washers and dryers, and quartz countertops.
Common-area amenities include a clubhouse, game area, fitness center, pet wash station, rooftop lounge and private dining room. The parking area features 313 stalls. In addition, the property offers a business center and coworking spaces.
The upscale community is within walking distance from Hilldale Shopping Center and roughly 1 mile away from a Whole Foods Market. In addition, University of Wisconsin-Madison is within a 2-mile radius. Nearby recreational options include a country club, a swim club and dining options within walking distance.
The property is part of Madison Yards, a mixed-use district that the JV is building in downtown Madison. Plans call for an additional 267-unit building, a medical office, retail and restaurant options, as well as 750,000 square feet of office space.
Gilbane recently obtained $297 million in financing for the second phase of The Peninsula in New York City. The company is developing the 359-unit project in partnership with Hudson Cos. and MHANY Management Inc.
