Park East Corridor

Wangard Partners recently began construction of a 104-unit, four-story apartment building, called Avenir, at the southwest corner of North Jefferson Street and East Lyon Street in the Park East corridor in downtown Milwaukee.

The building will also have 7,000 square feet of retail space. The retail tenants will include a 1,500-square-foot Jimmy John’s sandwich shop and a 1,000-square-foot Great Clips salon. The apartments will vary in size from studios, one-bedroom and two-bedroom units, and rents will range from $1,200 to $2,000 a month. All of the apartments will be leased at market rates. The building is expected to be complete in September of 2014. The project is the first of a three-phase development planned by Wangard on the block. The second phase will be a 100-unit apartment building on the west side of the block. Plans for the third phase of the development have not been finalized.

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