Construction on a 72-unit affordable housing project targeted to help veterans is slated to begin this week in Milwaukee’s Haymarket Square neighborhood.
An affiliate of Indianapolis-based Herman & Kittle Properties Inc. purchased a former warehouse at 1300 N. Fourth St. for $3.5 million, according to state records. The building had formerly been used by C. Coakley Relocation Systems for storage.
Herman & Kittle Properties has partnered with Lutheran Social Services of Wisconsin and Upper Michigan to build a residential unit that will be available for mixed-income individuals, with a preference given to Milwaukee County veterans, said Sarah Beck, Herman & Kittle development director.
The project will be similar to the 74-unit home for veterans Herman & Kittle is planning in Racine’s Uptown neighborhood.
Beck said the $17.5 million Milwaukee project will be complete in October 2017.
Herman & Kittle had the land under contract in October 2014 – before the new Milwaukee Bucks arena and entertainment district was approved.
“We got lucky,” Beck said. “There is so much development happening in that area of town. To be able to offer low to moderate income families housing there with access to public transit and easy access to downtown is perfect.”
