Apex Presentation to the James Madison Park Neighborhood

44 Pages·2009·5.04 MB·English

by  Steve Yoder

Apex Presentation to the James
Madison Park Neighborhood
September 21, 2009
This is very early into the development process. Apex would
like to work with James Madison Park Neighborhood
Association to create a lasting icon for the City.
We want to introduce ourselves to the Neighborhood.
We would like to attain the necessary input to achieve
consensus in coming meetings.
And we would like the architects to share with you where
we’re at in the very fluid design phase.
 Bill White, Process Consultant
 Bruce Bosben, Chairman of Apex Enterprises, Inc.
 Bert Stitt, Neighborhood Consultant/ Facilitator
 Bob Feller, Architect with Iconica
 Paul Soglin, Consultant
 Matt Tills, Architect with Iconica
 Steve Yoder, President of Apex Enterprises, Inc.
 Apex currently owns or controls eight lots on Mifflin,
Webster and Butler
 The Frank Lloyd Wright’s Lamp house sits in the
middle of the block
 The McCormick Ramp, known as the Capitol Square
North Ramp, was designed for four more floors and is
under utilized
 The City would like to sell those air rights above the
ramp
 Apex would like to create 140 owner occupied units
 Founded 23 years ago by Bruce and Brian Bosben with
two of their College friends
 Start up capital generated by paper routes and pizza
delivery
 Bosben family has been in Madison for 150 years
 Passion for the City and for historic preservation
 Policy is long term hold on all properties
 Portfolio includes downtown mansions: Ford, Bowen,
Kubly, Hurfurth, Timothy Brown, Frederick Brown,
Lougee, Fauerbach and the Robert Lamp House

 In the past 23 years, Apex has:
 Rehabilitated 120 units to restore historic elegance
while adding modern amenities at an unsubsidized cost
of $6,000,000.
 Replaced outdated steam boiler heat in 121 units with
modern high efficiency furnaces at a cost of $1,200,000
 Four properties on the National Historic Registry
 Headquartered in the Chicago Northwestern round
house built in 1912
 With a caboose in the lobby