Home Industries Real Estate Pat Connaughton’s firm plans apartment development in West Allis

Pat Connaughton’s firm plans apartment development in West Allis

Rendering from Three Leaf Partners

Three Leaf Partners, a development firm founded by Milwaukee Bucks player Pat Connaughton, plans to build a six-story, 247-unit market-rate apartment building at the site of the former Clark Oil corporate headquarters in West Allis.

The Clark Oil Building, now a multi-tenant office building located on a 3.2-acre site at 8530-56 W. National Ave., would be torn down to make way for the project. The site is located across the street from Honey Creek Park.

The proposed $48 million, 140,199-square-foot development would include 9 studio apartments, 155 one-bedroom apartments (ranging from 550 to 875 square feet), 73 two-bedroom apartments (ranging from 1,000 to 1,150 square feet) and 10 three-bedroom apartments at 1,275 square feet.

No units would be located on the first floor, the bulk of which would be used for parking. The building would have 319 parking spaces including 295 indoor, structured spaces and 24 outdoor spaces. The plans also include 63 indoor bike parking spaces and 8 outdoor spaces.

Amenities planned in the project include a co-working space, fitness center, club room, dog run, grill stations and a fire pit.

Last year non-profit Bethesda Lutheran Communities and Catalyst Partners proposed a 200-unit mixed-income apartment building on the site. Those plans didn’t move forward. This year, Catalyst Partners merged with Three Leaf Development to form Three Leaf Partners. Following the merger, Three Leaf Partners revived the West Allis project in its present form.

The West Allis Plan Commission will review the project on Wednesday. The city’s planning staff is recommending approval.

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
Three Leaf Partners, a development firm founded by Milwaukee Bucks player Pat Connaughton, plans to build a six-story, 247-unit market-rate apartment building at the site of the former Clark Oil corporate headquarters in West Allis. The Clark Oil Building, now a multi-tenant office building located on a 3.2-acre site at 8530-56 W. National Ave., would be torn down to make way for the project. The site is located across the street from Honey Creek Park. The proposed $48 million, 140,199-square-foot development would include 9 studio apartments, 155 one-bedroom apartments (ranging from 550 to 875 square feet), 73 two-bedroom apartments (ranging from 1,000 to 1,150 square feet) and 10 three-bedroom apartments at 1,275 square feet. No units would be located on the first floor, the bulk of which would be used for parking. The building would have 319 parking spaces including 295 indoor, structured spaces and 24 outdoor spaces. The plans also include 63 indoor bike parking spaces and 8 outdoor spaces. Amenities planned in the project include a co-working space, fitness center, club room, dog run, grill stations and a fire pit. Last year non-profit Bethesda Lutheran Communities and Catalyst Partners proposed a 200-unit mixed-income apartment building on the site. Those plans didn’t move forward. This year, Catalyst Partners merged with Three Leaf Development to form Three Leaf Partners. Following the merger, Three Leaf Partners revived the West Allis project in its present form. The West Allis Plan Commission will review the project on Wednesday. The city’s planning staff is recommending approval. [gallery size="full" td_select_gallery_slide="slide" ids="558036,558035,558034"]

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