Weekly Real Estate News
The affordable housing developer Lincoln Avenue Communities (LAC) hosted a groundbreaking ceremony on the future site of The View and The Victoria at Huxley Yards, two new developments in Madison, Wisconsin.
The Huxley Yards developments will provide a combined 553 affordable housing units to individuals, families and seniors in Wisconsin’s Dane County earning less than 50%, 60% or 70% of the Area Median Income. The View will provide 303 affordable housing units for families and individuals, and The Victoria will provide 250 affordable units for seniors. The View and The Victoria at Huxley Yards will also be the first new construction development established under Madison’s Oscar Mayer Special Area Plan.
“The Oscar Mayer Special Area Plan envisions an entirely new neighborhood for the City of Madison. This project will help that plan come to fruition,” said Matt Mikolajewski, City of Madison economic development director. “We are grateful for the investment that Lincoln Avenue Communities is making in the City of Madison and appreciate all the work of the Lincoln Avenue Communities team to get us to this groundbreaking.”
The properties will also offer community amenities and resident services, including job training and nature classes. The View will feature a pool, community classroom, fitness center, and an active playground area, while The Victoria will include a club room, craft room, fitness center, two rooftop courtyards, and a fenced dog run, among other amenities. Both properties will be Wisconsin Green Built Home certified and incorporate sustainability features such as rooftop solar system.
“LAC is committed to creating innovative housing solutions in the nation’s fastest growing metropolitan areas,” said Kevin McDonell, LAC vice president and regional project partner. “The View and The Victoria are especially important developments for families and seniors facing limited housing in Wisconsin’s capital.”
