If successful, Bishops Bay could be the largest single source of new homes in Dane County, at a time when almost no one else is building anything new. UW-Madison real estate expert Morris Davis said the local market was ready for new construction.
“In two years, we’re going to start needing more housing units,” said Davis, an associate professor of real estate and urban land economics. “You figure this project will take up to (20) years. That’s an awfully long time. (The county’s excess inventory) should be completely cleared up within two to three years.”