First, it acquired the building, and now, Hovde Properties is proposing a $15 million to $18 million renovation of the AT&T building at 316 W. Washington Ave., which was built in 1970.
As investment continues to pour into the Isthmus, a prominent developer is now proposing a $15 million to $18 million face-lift and renovation for a big but bland and dated Downtown office building.
U.S. Bank and Hovde West Johnson LLC have closed on a $49 million loan that will finance the construction of Ovation 309, a downtown mixed-use living center at 309 W. Johnson St. When complete, Ovation 309 will include a 14-story apartment tower with 255 units, 9,500 square feet of retail and nearly 44,700 square feet of office space –including an office condominium for the city of Madison Fire Department’s administration.
The Waunakee Village Board Tuesday approved an economic incentive package for Hovde Properties to help finance construction of a multi-unit commercial building on the Koltes Lumber site.
Building shelters for vulnerable children around the world is a longstanding mission for Hovde Properties and the company’s charitable-giving vehicle, the Hovde Foundation.