MADISON YARDS BREAKS GROUND ON PHASE I OF DEVELOPMENT
The first phase of development includes a 50,000 sf Whole Foods; 273 luxury apartments named “EO”; 142,000 sf of office; 11,000 sf of retail; and a central green

MADISON, WI – Smith Gilbane, the joint venture development team comprised of Summit Smith Development and Gilbane Development Company, were joined today by City of Madison officials, project partners, future tenants, and members of the community for a groundbreaking to celebrate Phase I of development at Madison Yards.

Phase I includes a 50,000 sf Whole Foods; 273 luxury apartments named “EO”; 142,000 sf of office; 11,000 sf of retail; and a central green.
“Madison Yards brings much-needed housing to an area once dominated by parking lots – all within walking distance of retail, entertainment and employment options, and a future bus rapid transit route,” said Mayor Satya Rhodes-Conway. “This project helps create the balance of live, work, and play opportunities that we want to see across the city.”

“The Smith Gilbane team is elated to reach this important groundbreaking milestone for Madison Yards,” said Mark Theder, president and chief executive officer for Summit Smith Development, co-developer of Smith Gilbane. “Our goal was to create a vibrant community destination for Madison residents and visitors, and with EO apartments, Whole Foods, office/retail spaces, and a central green all included in the first phase of development, we are delivering on that promise.”

About Madison Yards
Madison Yards will offer a uniquely vibrant quality of life, complete with a robust and inviting community that will attract families, individuals, and urbanites of all ages throughout the region. The 21-acre site will be transformed into a walkable, mixed-use district that will boast 540 residential units, upscale hotel, a 50,000 SF Whole Foods Market, up to 750,000 SF of office, medical office, retail, restaurant, and entertainment uses. To learn more, visit www.madisonyds.com

About SmithGilbane
Smith Gilbane is a joint venture comprised of developers Gilbane Development Company and Summit Smith Development.
Summit Smith Development is a full service, commercial real estate development division of C.D. Smith Construction, Inc. based in Milwaukee, WI. C.D. Smith is a family-owned and operated firm headquartered in Fond du Lac, WI. Founded in 1936, C.D. Smith has grown into one of the State of Wisconsin’s largest general contracting firms with broad construction and development capabilities. Summit Smith Development, develops projects across the country, including a diverse portfolio of mixed-use, medical, and office facilities. To learn more visit https://www.summitsmith.com/.

Gilbane Development Company is the project development, financing and ownership arm of Gilbane, Inc., a private holding company in its fifth generation of family ownership and management. Gilbane Development Company provides a full slate of real estate development and project management services. Completed projects incorporate every aspect of real estate including mixed-use developments, affordable housing, student housing, and market rate apartments, headquarters and office space, healthcare facilities, operational | data | distribution centers, R&D | manufacturing facilities, and many types of facilities delivered through public-private partnerships. To learn more, visit https://www.gilbaneco.com/development/.