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Thursday, September 18, 2014 |  Madison, WI: 53.0° F  Overcast
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Economy could stall Royster-Clark plant redevelopment
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The bad economy could also affect redevelopment plans for the old Royster-Clark plant on the east side. Next week, the city of Madison will hold a community meeting to present a market survey for the site.

"Clearly it's a bad economy for land development," says Ald. Larry Palm. "But there's some interest."

The survey shows the market would support low-cost housing, such as single-family homes under $200,000, or some light industrial. "No big-box retail," Palm says. "There's so much already in the general vicinity."

The city estimates it will cost about $1 million to demolish the former fertilizer plant - not including any environmental remediation that might be necessary. Despite the cost, Palm regularly hears from people interested in the property. "It's clear to me there's a contingent who think this is a viable piece of property."

The hearing is July 23 at Olbrich Botanical Gardens, with an open house at 6 p.m. and a presentation at 7 p.m.

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