Home Industries Real Estate Breaking ground: Third Ward apartment complex

Breaking ground: Third Ward apartment complex

By
Cara Spoto
-

Bloomington, Minnesota-based Kaeding Development Group plans to build a 260-unit, five-story apartment building at the northwest corner of North Lincoln Memorial Drive and East Summerfest Place in Milwaukee’s Historic Third Ward neighborhood. The project has been undergoing design reviews by the Third Ward Association’s Architectural Review Board since April and is slated to go back

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Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.
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Bloomington, Minnesota-based Kaeding Development Group plans to build a 260-unit, five-story apartment building at the northwest corner of North Lincoln Memorial Drive and East Summerfest Place in Milwaukee’s Historic Third Ward neighborhood.

The project has been undergoing design reviews by the Third Ward Association’s Architectural Review Board since April and is slated to go back before the board later this month. 

The 292,226-square-foot building would include an attached, 320-space parking garage and would be comprised of both studio and three-bedroom apartments, with the largest units being 1,450 square feet. There would also be a variety of amenities, including a swimming pool, coworking space and game room. 

Developer: Kaeding Development Group 

Size: 292,226 square feet, plus parking garage

Cost: $55 million 

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