MADISON — A downtown development that has been in the works for decades is finally coming to fruition, city leaders announced Wednesday afternoon.

Development of 17 acres of city property located at the intersection of Main Street and Highway 51 will include a mix of high-end condominiums, retail shops, a specialty food market and boutique hotel. 

Dubbed “Madison at Main,” the development will be “Madison’s crown jewel,” Mayor Mary Hawkins Butler said. 

 

 



“For years, Madison has worked toward creating our two squares that will be the heartbeat of our city,” she said. “Now, it’s our time to create a beautiful, walkable downtown along Main Street that all our residents can enjoy with shops, restaurants and an entertainment center.”

In addition to the living, shopping and dining options, the city will have the first-ever parking garage built on-site. This will be a multi-level garage to accommodate residents and visitors to the development.

Greenstone Properties of Atlanta, is partnering with the city on the development. 

While there will be new development on the site, the historic Madison-Ridgeland High School and old gymnasium, both designated historic landmarks, will be preserved.

According to Hawkins-Butler, the gymnasium will be transformed into a 1,000-seat performing arts center “that will showcase local, regional and national touring artists and productions.” The current capacity for the gymnasium is 360. The old high school will become the new City Hall building.

The newer and former Madison Station Elementary buildings will be torn down for the new development. 

“We want to make the special quality of life Madison offers to be even more exceptional,” Hawkins-Butler said. “In addition to new shopping and dining options, we’ll also be providing some unique and exciting entertainment venues.”

The city selected Greenstone Properties to partner with the development after a rigorous search process that included the issuance of an RFP (request for proposals). 

“We want Madison at Main to complement the city’s award-winning tradition,” Chris Schoen, Greenstone managing principal, said. “Our goal is for our neighbors in Madison to approve of what we’re doing and be excited to enjoy the tasteful enhancements.”

Phase I of the development will be constructed in 2020-2021 and include the new City Hall. 

Madison at Main is one of a number of developments taking place in the heart of Madison. Last year, The Village at Madison, an 18-acre development located off Main Street and Crawford Street was announced. This will include 60,000 square feet of commercial space and room for 37 houses and nine townhouses.

Also under development is The Magnolia District, a 71,000 square-foot development in central downtown Madison that will feature luxury retail, fine dining and professional office space. The Magnolia District will be adjacent to the Madison at Main development.