Last updated on May 15th, 2019 at 04:48 pm
A developer is proposing to turn now-vacant property across the street from the Mayfair Collection in Wauwatosa into a mixed-use development that includes a bank, fast-casual restaurant, a car dealership and an apartment or hotel building.
Milwaukee-based Boulder Venture LLC submitted plans to the city to redevelop nearly 6 acres at 11221-11333 W. Burleigh Street that would result in three commercial properties in addition to a high-density, multi-story residential or hospitality parcel.
Specifically, the project plan calls for: a 3,600-square-foot Chase Bank branch at the southwest corner of West Burleigh Street and North 112th Street; a 3,600-square-foot restaurant or cafe with outdoor patio just west of the bank building; a 22,100-square-foot gallery/showroom and service center at the southeast corner of West Burleigh Street and North 114th Street, plus another nearly 5,900-square-foot service center to the south of that; and a nearly 12,200-square-foot residential or hotel building to the south of the restaurant.
Renderings show a sign reading “TECHCO” on the front of the dealership building, but the name of the dealership will not have more than six letters.
Boulder Venture could not immediately be reached for comment.
The sites to be redeveloped have been vacant for a number of years even while the surrounding area has seen a resurgence, according to plan documents. For instance, to the north across West Burleigh Street is The Mayfair Collection, a 69-acre mixed-use development of former warehouse space that now features retail, a hotel and apartments. And just across North 112th street to the east is a Meijer grocery store.
At the vacant sites are four former Dodge City dealership buildings to the west and the foundations of a former Frascona Buick dealership to the east. The two western-most buildings would be redeveloped into the proposed showroom/gallery and service center.
The property is currently owned by Micro Center Sales Corp., but Boulder Venture has entered into a contract to purchase the site.
The first phase of the development, which consists building the necessary infrastructure such as driveways and utilities, is expected to begin this spring and finish in the summer. Phase two will include the construction of at least two of the buildings, and is slated to begin this summer and finish up by spring of 2020.
The third phase, meanwhile, includes construction of the apartment or hotel building and any remaining commercial parcels not built under the second phase. This work is expected to begin in the summer or fall and be completed by summer 2020.
Members of the city’s Plan Commission are scheduled to consider the development proposal on Monday.