New 24-unit apartment building under construction in town of Brookfield

Rendering: ARC-INT Architects
Rendering: ARC-INT Architects

Construction is underway of a new 24-unit apartment building near the northwest corner of West Bluemound and North Brookfield roads, in the town of Brookfield.

The project includes renovations to the existing mixed-use building at 655 N. Brookfield Road, which is home to offices, an apartment and Hatched bakery. A new three-story, 36,306-square-foot building is being built directly behind it.

Milwaukee-based Revel Investments LLC, with Brookfield-based firms Altius Building Co. and Brayton Devco LLC, are developing the apartments at 655 N. Brookfield Road. Brookfield-based First Federal Bank provided financing for the $6.8 million project.

“We’re excited for this partnership, for this project, and for the opportunity to add multi-family to our portfolio,” Steve Pape, managing partner of Revel Investments, said in a statement.

The luxury units will have either one or two bedrooms, with high-level finishes and private decks. The building will also feature a community room, gym, underground parking and rooftop solar panels.

Construction is slated to finish by November.

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Alex Zank covers commercial and residential real estate for BizTimes. Alex previously worked for Farm Equipment magazine and also covered statewide construction news at The Daily Reporter. He graduated from the University of Wisconsin-Eau Claire, where he studied journalism, political science and economics. Having grown up in rural western Wisconsin, Alex loves all things outdoors, including camping, hiking, four-wheeling and hunting.

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