Plan Commission approves $43 million State Street hotel

Despite a negative recommendation from city staff, the Madison Plan Commission on Monday approved the demolition of four buildings and construction of a $43 million, nine-story boutique hotel on the 100 block of State Street.

The commission, hearing broad community support for the project and its potential to revitalize upper State Street, overwhelmingly approved Ascendant Holdings’ proposal to demolish all or part of four vacant commercial buildings at 118-126 State St. for a 133-room hotel with a first-floor restaurant and tavern and rooftop lounge.

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