Breaking Ground: Parterre

Parterre
Parterre Credit: Rinka

Recently, crews began moving dirt in preparation for construction of Parterre, the second phase of the Emerald Row apartments development in Oak Creek’s Drexel Town Square.

The 240 luxury units will add to the 167 existing units at Emerald Row, located south of West Drexel Avenue and east of South 6th Street. According to the development team, the project is weighted heavily in one-bedroom dwellings, offering a more condensed and urban lifestyle in the area.

The project is financed with a $32 million construction loan, nearly $10.3 million in equity and $7.25 million from the city, including a $2.75 million loan and $4.5 million grant.

Developer: Barrett Lo Visionary Development
Size: 240 residential units
Stories: Four

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Alex Zank, former BizTimes Milwaukee reporter.

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