A new development featuring upscale apartments and a restaurant is set to be constructed on the site previously occupied by Mariners Inn, situated on the Yahara River in Madison.
Project Details and Timeline
The proposed project will include 83 high-end residential units and a restaurant space, according to the development team. Construction is anticipated to begin in the fall, with completion targeted for late 2025. The development will be located at 5339 Lighthouse Bay Drive, replacing the Mariners Inn building that was demolished in 2022.
Developer and Design Plans
The project is being led by McGrath Property Group, which has indicated that the new building will be five stories tall. The ground floor will accommodate the restaurant, while the upper floors will house the residential units. The design includes amenities such as a fitness center, rooftop terrace, and underground parking for residents.
Community and Environmental Considerations
Developers have stated that the project will incorporate landscaping and green space along the riverfront. The plans also call for a public walkway to provide access to the Yahara River, aiming to maintain community connectivity to the waterfront area.
Background on Mariners Inn
Mariners Inn, a well-known restaurant and banquet facility, had operated at the site for several decades before closing in 2021. The building was subsequently demolished in 2022 to make way for the new development.
Next Steps
The development proposal is scheduled to be reviewed by the city’s Plan Commission in the coming weeks. If approved, construction is expected to proceed according to the current timeline.
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