Now Open! Leasing for immediate occupancy with flexible initial lease terms. Contact us now to make a piece of history your home. In 1917, Madison Waterworks at Nichols Station pumped 8 million gallons of water a day to feed a growing city. In 2015, its comprehensive renovation will pump new energy into downtown living. Nichols Station just completed a substantial rehab of all 34 units – a $5 million project that started in March '15. Highlights include new kitchens and new bathrooms, an unparalleled common area above the 1920's Allis-Chalmers water pump, and the historic look of Nichols Station will be preserved, while improvements will make Nichols Station more energy efficient. Nichols Station is located in downtown Madison, at the corner of East Gorham and Franklin streets. It’s a stone’s throw from sprawling James Madison Park and picturesque Lake Mendota, and it’s only a few blocks from the Capitol Square. Perfectly tailored to fit every lifestyle, Nichols Station is an ideal home for the Madison enthusiast.