Brayton Lot Development Project

Background
The City of Madison, through its Economic Development Division, is seeking proposals for the Brayton Lot Development Project. This initiative aims to redevelop Block 113, located at 1 South Butler Street, which currently serves as a surface parking lot.

The project is part of the City’s broader mission to enhance community services and economic growth while adhering to Federal Transit Administration (FTA) requirements due to prior use of the site as part of the Bus Rapid Transit (BRT) system construction.

Work Details
The Brayton Lot Development Project will involve creating a mixed-use development that includes residential units, retail spaces, and potentially commercial office space. The project must meet FTA Joint Development requirements and aims to increase housing density, enhance transit usage, and provide additional amenities in downtown Madison.

Specific project goals include:
1. Utilizing City-owned parcels to expand the tax base by replacing the existing parking lot.
2. Unlocking development potential through a mix of uses.
3. Increasing economic activity and housing options.
4. Complying with sustainability standards and providing affordable housing options.
5. Ensuring that any new development benefits transit by increasing demand in the area.

Period of Performance
The contract period will commence upon execution and is expected to align with the project's development timeline, which will be detailed in proposals submitted by bidders.

Place of Performance
The work will be performed at Block 113, located at 1 South Butler Street in downtown Madison, Wisconsin.