A Jimmy John’s sandwich shop and a Great Clips salon will open in a development that is under construction in the Park East corridor in downtown Milwaukee.
Wauwatosa-based real estate firm Wangard recently began construction of a 104-unit, 4-story apartment building at the southwest corner of North Jefferson Street and East Lyon Street. In addition to the apartments, the building will also have underground parking and 7,000 square feet of retail space.
Jimmy John’s leased 1,500 square feet of space and Great Clips Salon leased 1,000 square feet of space in the building, according to a CBRE news release.
Originally called Park East Square, the project has been re-named Avenir, French for “future,” by Wangard. The project is the first of a three-phase development planned by Wangard on the block.
The building is expected to be complete in September of 2014. After the building is leased up Wangard plans to begin work on the second phase of the project, a 100-unit apartment building on the west side of the block. Plans for the third phase of the development have not been finalized, executives said.
The project will be one of the first developments built on land formerly owned by Milwaukee County in the Park East corridor. The county has struggled for years to attract development projects to its land in the corridor.
A groundbreaking ceremony will be held Friday to celebrate the start of the Avenir project.