Positive Growth: Bear Development Advances New Project in Madison
Madison’s thriving housing market continues into 2025, with Bear Development proposing a five-story apartment building at 3100 E. Washington Ave. The project will offer 192 affordable units capped at 50% to 70% of the area median income, addressing the city’s need for reasonably priced rentals. While concerns about F-35 jet noise were raised, city officials are working toward noise mitigation measures. Overall, this project represents a promising step in strengthening Madison’s affordable housing options.