Affordable housing project breaks ground in Walker’s Point

Milwaukee developer Tim Dixon and Almena, Wis.-based Impact Seven recently started work on a three-story, 72-unit apartment building at the northeast corner of 1st Street and National Avenue in Milwaukee’s Walker’s Point neighborhood.
The project is getting federal affordable housing tax credits, Dixon said. Rents will be adjusted based on the household income of the tenants.
The building will be constructed on the east half of a four acre site. The former Barry Trucking building on the site was torn down recently.
The general contractor for the project is Chicago-based Kelly Construction & Design Ltd. and the architect is Milwaukee-based Continuum Architects + Planners.
The project is expected to be complete by late summer of 2011. Later than plan to build another similar sized apartment building with first floor retail space on the west side of the site, Dixon said.
The site is attractive because it is located between the Third Ward, Bay View and is near the Latin Quarter, Dixon said.
“Bay View is growing to the north, the Third Ward and Fifth Ward is growing to the south,” he said. “It’s just a natural place to build a project like this. We will draw tenants from all of those different corridors.”