Bear Development buys St. Francis site for apartment project

Overlooks Lake Michigan

Last updated on May 15th, 2019 at 05:00 pm

An affiliate of Kenosha-based Bear Development has purchased an 11-acre site in St. Francis where it plans to build a luxury apartment development.

The Bear affiliate purchased the site on South Lake Drive from an affiliate of Pewaukee-based Thomson Companies for about $2.1 million, according to state records.

Bear plans to build 315 apartments on the site, which is located between the Park Shore condominium development at South Lake Drive and East Howard Avenue and The Landing condos at South Lake Drive and East Denton Avenue.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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