The city of Madison selected a developer Monday to begin constructing a new sustainable building, according to a release.
Baum Development, LLC will build the Madison Sustainability Commerce Center.
Madison said it envisions the Center as a “showcase building featuring green technologies” and “convergence point for the green and innovative community to share best practices, network and provide an active space that fosters tenant success.”
The contract with Baum Development will cost approximately $75,000 of a $300,000 Sustainable Communities Regional Planning Grant from the U.S. Department of Housing and Urban Development, according to the release.
Baum Development will determine different designs and technologies that could be used in the building, find specific types of tenants potentially interested in the Center and manage a feasibility study, according to the release.
“We are eager to break ground on this innovative project,” Mayor Paul Soglin said in the release. “At this point we are looking for collaborators and tenants to help shape this important effort.”
The city has not finalized a location for the project but is considering the Capitol East District, midway between downtown Madison and Dane County Regional Airport.
Baum Development’s work includes the Green Exchange in Chicago, the country’s largest sustainable business community, according to the project’s website.
“Being able to connect the links through a project like Green Exchange is one of the many reasons we were very attracted to Madison and Wisconsin,” Baum Development President David Baum said in the release.
A team will present its findings to Madison over the next several months.
