The Milwaukee Institute of Art & Design (MIAD) has entered into a three-year contract to occupy The Park at 1824 building as its student housing facility, beginning this fall. The 61-unit apartment building, which was completed in 2009, was developed by Wauwatosa-based Wangard Partners Inc.
During the three-year contract for The Park at 1824, MIAD plans to raise $10 million to build a residence hall for 250 students at 252 E. Menomonee St., across from its academic building in the Historic Third Ward.
"The decision to occupy The Park at 1824 is based on MIAD’s commitment to providing the best possible service to our students," said MIAD president Neil Hoffman. "Over the last three years, the college has seen exponential growth that prompted us to investigate off-campus housing options beyond our current residence hall facility."
MIAD currently has 700 students.