ōLiv Madison is an innovative mixed-use proposal that will offer best-in-class living as well as new retail amenities and an entrepreneurial incubator open to both residents and the greater Madison community.
The proposal is centrally located in the heart of Downtown Madison, between the University and the Capitol building at the corner of Gorham Street and State Street. Residents will enjoy a 24/7 convenience lifestyle with the ability to walk, ride or stroll to campus, work, dining and entertainment to experience all that Downtown Madison has to offer.
ōLiv Madison will offer around 1,100 beds, including 110 beds reserved for students from low to moderate income households, with a diverse mix of unit types and floorplans for anyone seeking contemporary apartment-style living in a transit-friendly, pedestrian-friendly, and bike-friendly downtown setting.
This proposal also includes over 20,000 SF of retail space to bring convenient new amenities to the area. Combining a mix of retail and residential creates a synergy of supportive uses because those living at ōLiv Madison will create a new “built in” potential customer base, 1,100-strong, for the retailers both onsite and throughout the entire Downtown. A portion of retail space in the building will be made available to locally owned small-shop retailers, and will be offered at below-market-rate rents to help support homegrown businesses.
Core Spaces is also thrilled to include plans for an entrepreneurial incubator that will be open both to residents of ōLiv Madison and the Madison community at-large. This incubator is designed to be a resource for professional and personal development by offering workshops, networking opportunities, mentorships and more through live and virtual experiences to help participants thrive.