Bakers Place officially welcomed its first residents this month, marking a major milestone for downtown Madison. With leasing underway, this isn't just the opening of another apartment building. Bakers Place redefines what home can mean.
Above image courtesy of Neutral / livebakersplace.com
This 14-story, 206-unit development goes beyond providing a place to live. Bakers Place is designed to enhance residents' well-being throughout all stages of life. It's built to support healthspan. While lifespan is about how long you live, healthspan is about how well you live during those years. There's a difference between simply aging and living well, not just longer. Bakers Place is about living the best years of life to the fullest, surrounded by spaces and amenities that help people thrive.
Bakers Place is Madison’s first mass timber high-rise. Mass timber is a renewable, low-carbon alternative to traditional construction and brings warmth, character, and natural wellness benefits to every space. The building is pursuing LEED Silver certification and preserves the historic charm of the original Gardner Baking Co. building by blending old with new.
Every detail at Bakers Place was designed to support physical, mental, and community well-being:
From studios to three-bedroom apartments, each home at Bakers Place features high-end finishes, flexible layouts, and the natural beauty of exposed timber. Whether you’re starting fresh, growing a family, or downsizing with intention, there’s a space here that fits every urban lifestyle.
Bakers Place shows what's possible for future developments in Madison, Wisconsin and beyond. It sets a new benchmark for urban living by creating homes in the heart of the city where sustainability, wellness, and community come together. Residents of Bakers Place live in a place where they can move freely, connect deeply, and live fully today and for years to come.
Above image courtesy of Neutral / livebakersplace.com
Learn more about the Bakers Place project at cdsmith.com/bakersplace.
Better yet, explore the future of healthy urban living at livebakersplace.com.
Date: May 2025 | Author: Tracy Lisowe
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The Neutral Project | PRESS RELEASE | BENEATH THE HARD HAT®
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Bakers Place Project Tops Off as Madison's First Mass Timber High-Rise | 03.29.2024 BENEATH THE HARD HAT®
Madison welcomes its first mass timber high-rise. Bakers Place, a mixed-use development, celebrates its topping-off, showcasing sustainable construction with stunning luxury apartments and amenities for fostering a connected community and regenerative living experience.
Bakers Place Mass Timber Construction Project Update: Madison, Wisconsin | 03.29.2024 BENEATH THE HARD HAT®
Madison's landmark mass timber construction project, Bakers Place, approaches topping-out milestone as it rises in the city's skyline.
Mass Timber Sustainability in the News: The Neutral Project | 06.22.2023 BENEATH THE HARD HAT®
The Neutral Project, a sustainable real estate development company, is making news in mass timber in Madison and Milwaukee. Bakers Place (shown below) will be the first mass timber high-rise building in Madison, Wisconsin.
The Neutral Project is also planning a new mass timber residential development in Milwaukee, Wisconsin. The Edison (shown below) would be the second mass timber structure in Milwaukee and is poised to be the tallest hybrid mass timber tower in North America.
Bakers Place Case Study | The Neutral Project 02.23.2024 PRESS RELEASE
Sustainable Local Developers to Build Madison's First Mass Timber High Rise | The Neutral Project 02.2023 PRESS RELEASE
Bakers Place by The Neutral Project | YouTube 09.22.2023 THE NEUTRAL PROJECT
Bakers Place is an exciting mixed-use development in downtown Madison, Wisconsin. This innovative project combines the charm of a historic 1908 bakery with a modern 14-story mass timber building. It offers a prime location just steps away from the Wisconsin State Capitol.
The development includes a mix of studio, one-, two-, and three-bedroom luxury apartments, totaling 164,707 square feet, and approximately 8,400 square feet of retail space. These apartments are designed with exposed mass timber, designer fixtures, and cutting-edge technology.
Bakers Place is not just about apartments; it's a community experience. It boasts a library, a coworking space, a fully-equipped fitness center with personal trainers and a Peloton studio, a dog park and grooming station, and an entertainment deck with a kitchen and an interactive game room. There's also a comfortable lounge for residents to relax in.
One of the most impressive aspects of this development is its eco-friendly design. Thanks to the use of mass timber construction, it achieves a remarkable 42% reduction in embodied carbon compared to traditional concrete buildings. Bakers Place is set to redefine luxury living in Madison, providing residents with top-notch amenities and a sustainable lifestyle in the heart of the city.
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Bakers Place | IN THE NEWS | The Neutral Project
Reimagining Sustainable Living and Democratized Investing: Neutral’s Vision for a Thriving Future | Microsoft Start 05.18.2024
Nate Helbach is a fresh face in Madison’s development scene with big ideas | ISTHMUS 02.01.2024
Pulse for the Week of September 18, 2023 | Engineering News-Record | Engineering News-Record 09.15.2023
Bakers Place - The Skyscraper Center Madison (WI) | Council on Tall Buildings and Urban Habitat (CTBUH) 02.2023
Bakers Place - Mass Timber WIN Project | Woodworks Innovation Network (WIN) 02.2023
Bakers Place | Michael Green Architecture (MGA) 02.2023
15-story 'mass timber' tower part of East Wash development | The Cap Times 02.21.2023
Unique, sustainable mass timber housing coming to Madison | NBC15 02.15.2023
$73.8M in construction financing secured for multifamily project in Madison | IB InBusiness Madison 01.12.2023
JLL Capital Markets Secures $73.8M in Construction Financing for Multifamily Project in Madison, Wisconsin | REBUSINESS ONLINE 01.11.2023
Pearlmark provides $21.2 million for development of 206-unit apartment development in Madison | REjournals 01.11.2023
Compass Properties JV Lands $74M for Wisconsin Project | Multi-Housing News (MHN) 01.04.2023
$73.8M in construction financing secured for Bakers Place in Madison | JLL 01.03.2023
Bank OZK and Pearlmark Provide $74M Construction Financing for Wisconsin Apartments | Commercial Observer 01.03.2023
Mass Timber Building “Bakers Place” To Be Built On East Washington | WORT FM 08.10.2021
Ambitious mass timber project in Capitol East district clears first city approval | The Cap Times 07.01.2023
A new mass timber project proposed for Wisconsin | Forest Data Network 06.17.2021
Timber Project Proposed in Madison Incorporates Historic Building | Council on Tall Buildings and Urban Habitat (CTBUH) 06.15.2021
Michael Green Architecture reveals a mass timber tower in Madison, Wisconsin | The Architect's Newspaper 06.10.2021
Developers propose 15-story tower for still-booming East Washington Avenue | The Cap Times 03.17.2021
Plans in early stages for 15-story 'mass timber' development on East Washington | The Cap Times 03.12.2021
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WHAT IS MASS TIMBER CONSTRUCTION? QUICK FACTS from C.D. SMITH
Mass Timber construction is an energy-efficient alternative to high-rise and commercial buildings. Wood is a natural, renewable and sustainable material for building, with a lighter carbon footprint than steel or concrete. Not only does it...(continue to mass timber construction page of cdsmith.com).
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