Developer proposes 224 apartments for Waukesha's east side
Journal Sentinel business reporter Tom Daykin talks about commercial real estate and development.
An apartment development with 224 units is being proposed for a vacant site on Waukesha's east side.
Morgensen Realty Co., of Delafield, has submitted conceptual plans for the development, known as Broadway Commons, for a 19-acre site at 1910 E. Broadway St., east of Les Paul Parkway.
The apartments would be in four 50-unit buildings, as well as two 12-unit buildings, said Doug Koehler, city planner. The buildings would have two to three stories.
Morgensen didn't return my call seeking more information.
The city Plan Commission is to review the proposal at its Wednesday meeting.
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Commercial Real Estate News
Common Council rejects apartment high-rise behind Goll House
A proposed $55 million 27-story apartment tower for Milwaukee's east side has been rejected by the Common Council.
The council on Tuesday voted 10-5 to support the project, falling two votes short of the supermajority needed for approval. The zoning change needed 12 votes because a protest petition was signed by enough adjacent property owners, said Ald. Ashanti Hamilton, council president.
The opponents were Ald. Robert Bauman, whose district includes the site, along with aldermen Cavalier Johnson, Mark Borkowski, Jose Perez and Tony Zielinski.
Check the Milwaukee Assessor’s Office website, which includes tools to look up property assessments.
Find property assessments for other communities throughout the state at AssessorData.org.
The Milwaukee Department of City Development website includes information on the city Plan Commission and Redevelopment Authority.
The Commercial Association of Realtors Wisconsin offers information on commercial realtors and real estate.
The Milwaukee chapter of the Institute of Real Estate Management serves the needs of real estate management professionals
The Wisconsin chapter of the NAIOP Commercial Real Estate Development Association aims to serve developers and owners of commercial real estate.
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