Photo from Exact Sciences

Exact Sciences announced today that it may relocate its headquarters to a proposed mixed-use space in Judge Doyle Square.

According to a release, Hammes Co. and Majestic Realty are envisioning a 1 million square-foot space that includes an urban hotel, entertainment establishments, a public food hall, health and wellness facilities and other amenities. Exact Sciences would serve as the anchor tenant.

“Welcoming an innovative tech company like Exact Sciences, and bringing hundreds of highly-skilled workers downtown, is an enormous opportunity for the City of Madison,” Exact Sciences CEO and Chairman Kevin Conroy said in a statement. “This partnership is a chance to invigorate an underdeveloped corner of the city, grow Madison’s tax base and help Exact Sciences attract top talent as we continue expanding.”

The two-block site is the current home of the Madison Municipal Building and Government East parking garage. The City of Madison, which is hoping to build a hotel on Judge Doyle Square, has yet to come to terms with a developer.

If the project is approved, ground could be broken in December.