No New Library for Madison Wisconsin

A proposed $37 million, six-story glass and stone library and a larger, related development are dead, but Mayor Dave Cieslewicz is now vowing to renovate the existing central library reports the Wisconsin State Journal.

After a nearly two-hour private meeting Thursday afternoon, the city and the Fiore Cos. agreed to drop plans for the new $37 million library at the corner of Henry Street and West Washington Avenue.

The city and Fiore and Irgens Development Partners were unable to bridge a $2 million difference in costs over the project.

“I’m fine with it and I’m at peace with it,” Cieslewicz said after the meeting. “I’m confident we tried as hard as we can to make the project work. (Fiore executive vice president) Bill Kunkler did as well. Sometimes, you just can’t work it out.”