The first residents are moving into the new
2929 on Mayfair development, a five-story, 258-unit apartment building at 2929 N. Mayfair Road (Highway 100) in Wauwatosa.
Itasca, Illinois-based
M&R Development co-developed the project with Atlanta-based
Campbell Capital Group. The building is managed by Chicago-based
RMK Management.
2929 on Mayfair has studio, convertible, one-, two- and three-bedroom apartments measuring 453 to 1,282 square feet with starting rents ranging from $1,250 to $2,610.
2929 on Mayfair is the third new apartment community that M&R Development has opened in Wisconsin during the last three years. In July 2021, the company opened 42 Hundred on the Lake, a 236-unit luxury apartment building on Lake Michigan in St. Francis. Later that year, M&R debuted Elevate, a 270-unit luxury apartment community in Madison.
“Ever since the pandemic, we have continued to see an increased demand for new, high-end apartments in the Milwaukee area with luxury amenities and spaces that allow for multiple options for remote work,” said Anthony Rossi Sr., managing partner of M&R Development. “2929 on Mayfair offers modern co-working spaces, such as booths, lounge areas and private conference rooms and even creative features in apartments like the ‘cloffice,’ which is a combination office and closet. Combine these amenities with the commercial and retail options at The Mayfair Collection, and we’re confident the building will be a key component of continued growth for the area.”