Allied Drive units a step closer to city buyout

Mike Ivey:

The largest property owner on Allied Drive has fallen into receivership, further opening the door for the city of Madison to purchase nine buildings in the heart of the low-income neighborhood on the city's southwest side.

Members of the Allied-Dunn's Marsh Neighborhood Association have generally been supportive of city purchase of the properties, although there has been some concern that if the units are converted to condos it would price many out of the neighborhood.

Duane Steinhauer, a landlord who also owns rental property in the Allied neighborhood, said he is opposed to city purchase of the property. He said Hauk's problems began when the city failed to get behind those initial plans for a private-sector redevelopment of the properties.

Posted by Jim Zellmer at February 10, 2006 2:29 PM
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