The Idle Sites Redevelopment Grant from the Wisconsin Economic Development Corporation (WEDC) will support the demolition of the remaining portions of the Westgate Mall to prepare the site for a mixed-use development.
The redevelopment construction will take place on roughly 10 acres of the north portion of the site. The grant will be used to remove all hazardous materials and demolish the more than 200,000 square foot mall so that site work and construction can begin.
“WEDC is committed to helping communities invest in revitalizing different sites to encourage economic growth,” said Missy Hughes, secretary and CEO of WEDC. “This project will not only bring new residential and commercial space to Madison, but it will also optimize the use of an idle property that had previously served the city for decades.”
“The city is grateful to WEDC for helping to facilitate this redevelopment,” said Mayor Satya Rhodes-Conway. “The project will bring much-needed housing to what we hope will become a complete, transit-oriented neighborhood.”
JT Klein Company, Inc. is the developer for the project. JT Klein has a purchase agreement with the site owner, Hy-Vee Inc., to purchase the northern portion of the parcel which contains the vacant Westgate Mall. JT Klein intends to demolish the mall, rebuild infrastructure, and redevelop the site into a large mixed-use development.