Destination Madison Projects
The City of Madison received a total of $2,556,200 in READI Grant dollars. By leveraging the READI Grant dollars with Redevelopment Commission funding and public-private partnerships, the city is able to focus on six projects that will approve the quality of life in Madison while enhancing our regional appeal.
US 421 Gateway Park Project
Partners: City of Madison, Southern Indiana Regional Development Authority, Madison Area Arts Alliance
Developer/Contractor: Contractor, Schutte Construction; Designer, Ratio Design
Location: The gateway area around the intersection of East First Street and US 421 by the Madison/Milton bridge.
Project Summary: This project is intended to turn the property into a park and rest stop area for those entering Madison from the bridge. The properties currently feature two deteriorated parking lots and a tattoo shop. The city will increase the curb appeal here by adding landscaping, a properly maintained asphalt parking lot, and a park-like setting across from the new welcome sign. This will also include additional/updated parking spaces at the Madison Comfort Station.
Anticipated Project Schedule: Bidding has already begun and construction is projected to occur from October 2022 to May 2023, and a public arts piece will be added at a later date.
Estimated Costs: $708,000
Funding Sources: The Southern Indiana Regional Development Authority, READI grant match through the Indiana Economic Development Corporation.
Mulberry Street Corridor
Partners: Madison Area Arts Alliance, City of Madison, Southern Indiana Regional Development Authority
Developer/Contractor: Contractor, Schutte Construction; Designer, Ratio Design
Location: The corridor will be located on Mulberry Street from Main Street to Second Street with the Neighborhood Market being located at the south-east corner of the corridor.
Project Summary: The Mulberry Street Arts Corridor project is saving one of the region's most intact early 19th century commercial blocks from years of disinvestment. The parking lot improvement will turn the new Kindness mural into the focal point of the district. This project also includes improvements to the parking lot behind the nearby comfort station off of Main Street.
Anticipated Project Schedule: Bids have already been turned in, and construction is estimated to start in November of 2022 with completion in the late spring of 2023.
Estimated Costs: $887,000
Funding Sources: The Southern Indiana Regional Development Authority, READI grant match through the Indiana Economic Development Corporation.
The Ohio Theatre Facade and Marquee Restoration
Partners: City of Madison, Southern Indiana Regional Development Authority, Friends of the Ohio Theater.
Developer/Contractor: Designer, Ratio; Contractor, TBD
Location: Located at 105 East Main Street, the Ohio Theatre can be viewed by anyone passing by.
Project Summary: The restoration of the deteriorated Ohio Theatre facade which includes the lighted marquee. Once completed, the theatre will once again have a fully lit marquee at night, remaining true to its original design and appearance.
Anticipated Project Schedule: Bids in Q 1 of 2023, and construction will be complete by end of 2023.
Estimated Costs: $500,000
Funding Sources: The Friends of the Ohio Theater, The Southern Indiana Regional Development Authority, READI grant match through the Indiana Economic Development Corporation.
Madison / Hanover Connector Trail - Phase 1
Partners: Madison Heritage Trail Conservancy, City of Madison, Southern Indiana Regional Development Authority.
Developer/Contractor: TBD
Location: Beginning downtown branching off of the Heritage Trail, the trail will cross Crooked Creek and progress westward through Clifty Falls State Park on into Hanover, connecting with Hanover College, and ending at the Hanover Beach Hill Road.
Project Summary: This is a part of our 5-Year Parks Master Plan. In it's completion over multiple phases, the trail will be 6 miles in length, partnering with Hanover College, IKEC, the State Park, City of Madison and the Madison Heritage Trail Conservancy for property ownership. The trail will begin in downtown Madison and continue through the start of heritage trail, across Crooked Creek on a new bridge that will allow scene views of the historic railroad and continue on westward. This project will tie our downtown into the south entrance of Clifty Falls, allowing bicyclists and hikers to travel between the areas freely. This project also partners with the regional development authority's goal to have a world-class trails system in the 5-county region, connecting with trails that will extend into the Jeffersonville, Indiana and Louisville, Kentucky areas.
Anticipated Project Schedule: Consultant will be selected in Q2 of 2023. Construction to begin 2024.
Estimated Costs: 2.5 Million
Funding Sources: The Southern Indiana Regional Development Authority, READI grant match through the Indiana Economic Development Corporation, Indiana Department of Natural Resources Next Level Trails grant.
Bicentennial Park Parking & HMI Lot
Partners: City of Madison, Southern Indiana Regional Development Authority, Redevelopment Commission, Historic Madison Incorporated
Developer/Contractor: TBD
Location: The vacant parking lot between Poplar and Central Ave. on Vaughn Dr, and the empty lot just north of the parking lot running along Poplar.
Project Summary: This project is in partnership with the Historic Madison Inc. who gave us the lawn north of the alleyway on Poplar Street in our commitment to improve accessibility to and from that lot to the Shrewsbury House on First Street. This project conforms to all the requirements in this agreement. The parking lot will host 80-85 cars and golf cart parking spaces, in addition to a passive lawn-park with a celebration of Madison's history of leadership and industry as this was the site of a former factory. This project was previously included in a park comprehensive plan, and we are excited to see this development happening now. We are happy to say the location's historic gutters are being restored as a part of this project.
Anticipated Project Schedule: Design in Q 1 of 2023 and construction in Fall of 2023.
Estimated Costs: $800,000
Funding Sources: The Southern Indiana Regional Development Authority, READI grant match through the Indiana Economic Development Corporation, Madison Redevelopment Commission.
Super River Overlook
Partners: City of Madison, Madison Redevelopment Commission, Madison Riverfront Development Committee.
Developer/Contractor: Designer, Land Consultants; Contractor, Teton
Location: The old Regatta judges stand off of Vaughn Dr. at the foot of Mulberry Street along the riverfront.
Project Summary: The super overlook is broken into 3 phases of work: the landing, the seating, and the iron elevated stage.
Anticipated Project Schedule: Demolition has already begun on the old stage platform, and the project is hoped to be completed by mid-June in 2023.
Estimated Costs: 2.2 Million City contribution: $750,000 from Madison Redevelopment Commission.
Funding Sources: Madison Redevelopment Commission, and Madison Riverfront Development Committee.
Recent News
- Madison Redevelopment Commission Approves Four New Destination Madison ProjectsThe City of Madison Redevelopment Commission approved $800,000 to support funding four new Destination Madiso...
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