An investor group wants to create a new neighborhood centered on low-cost housing, farming, racial justice and wealth building. It’s a first for Madison and maybe the country.
The plan is being proposed for an area of mostly wetlands and open agricultural land on the Far East Side. An anonymous group of investors, Bt Farms LLC, has engaged a team with local, national and international experience to help forward the “agri-hood” proposal, which will be shaped through input from the community and those who hope to live there. The group has already spent four-point-nine million dollars to buy three parcels totaling two-hundred-22 acres off East Buckeye Road, east of Interstate 39-90.
