Wauwaotsa-based Wangard Partners Inc. plans to build a 68-unit, 6-story apartment building on a vacant, half-acre lot at the southeast corner of North Water Street and North Astor Street near downtown Milwaukee.
The project would be called Metro Place. A 26-unit condominium development was originally approved for the site, but the condo market downtown is overbuilt. The proposed apartment building would offer “affordably-priced apartments targeted at young professionals and others attracted to the vibrant lifestyle area,” Wangard Partners said in its plans submitted to the city.
The building would have two levels of enclosed paring with 68 spaces.
The size of the apartments would range from 520-square-foot studios to 1,100-square-fot two bedroom units.
