Despite continuing concern about city finances and other matters, Madison’s finance committee on Monday narrowly recommended that the city continue talks with a developer on the massive Judge Doyle Square project south of Capitol Square.
Madison's finance committee endorses more negotiations on Judge Doyle Square project
One proposal includes 357,000 square feet of office space for Exact Sciences Corp. as anchor tenant.
City will prepare a new request for developer proposals that could be issued early next year.
A scaled-back hotel and other changes could reduce public investment from $47.2 million to around $20 million.
Mayor Paul Soglin wants to spend $51 million to renovate the historic Madison Municipal building and obsolete Government East parking garage.
The option would have fewer rooms, far less meeting rooms and civic space.
