NOAH developments play a key role in addressing housing needs, according to the developer.
A troubled Super 8 motel has been transformed into 129 apartments in Madison, Wisconsin.
The motel was in rough shape and had a lot of crime and policy activity over the years, plaguing the surrounding residential neighborhood, according to local reports.
Wiseman Capital recently acquired the building, gutted it to its bones, and reconstructed it into the Sandburg Studios with apartments ranging in size from 277 to 340 square feet, with some units coming furnished. Rents are between about $975 and $1,125 per month. In comparison, the overall average rent in Madison is about $1,695, with studios averaging about $1,250, reports Zillow...
The motel was in rough shape and had a lot of crime and policy activity over the years, plaguing the surrounding residential neighborhood, according to local reports.
Wiseman Capital recently acquired the building, gutted it to its bones, and reconstructed it into the Sandburg Studios with apartments ranging in size from 277 to 340 square feet, with some units coming furnished. Rents are between about $975 and $1,125 per month. In comparison, the overall average rent in Madison is about $1,695, with studios averaging about $1,250, reports Zillow...
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Leo’s notes: As communities seek solutions beyond traditional affordable housing programs, Sandburg Studios shows what`s possible when local developers are empowered to repurpose underutilized buildings. These units may not be government-subsidized, but they are mission-critical—proof that public and private housing strategies must work hand-in-hand to fill every gap in the housing ladder. We need more local innovation like this—combined with zoning flexibility, reduced red tape, and financial tools that reward reinvestment in our neighborhoods.
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- - Volume: 25 - WEEK: 31 Date: 7/28/2025 11:33:20 AM -