Jack Daniels, president of Madison Area Technical College, spoke in glowing terms Monday as he recommended a local developer and Missouri-based hotel company be awarded a contract to redevelop the school’s downtown campus.
From projected return on a proposed ground lease of the property to experience and reputation, Daniels told the MATC Board of Trustees that the Hovde Properties/Drury Southwest partnership was the best choice.
“I believe this partnership gives the college the best opportunity to develop a revenue stream that will provide return for student access and success, program viability, and serving the community across the district,” Daniels said.
He called it “the highest and best use” of the college’s asset.
Daniels’ proposal to vacate the college campus and offer it for redevelopment had been met by fierce opposition from students and instructors, as well as downtown businesses and civic leaders.