Real estate odds and ends

BreakWater condos 61 percent sold, Prince Hall Village grand opening, Port Washington added to state’s Main Street program.

BreakWater condos 61 percent sold
The 101-unit BreakWater Condominiums development, being developed by Peter Renner of Renner Architects, is now 61 percent sold, the company announced recently. The project is located at 1313 N. Franklin Place, at the intersection of E. Knapp and N. Prospect Avenue on Milwaukee’s east side. The 20-story construction project has now reached the 15th floor and has just completed finishing out two model units. The building is expected to be enclosed in mid-September and that units will be ready for occupancy in January of 2009.  

Port Washington added to state’s Main Street program
Governor Jim Doyle announced recently that three additional Wisconsin cities, Port Washington, Manitowoc and Tomahawk, have been named "Main Street" communities. With the distinction, each community will receive five years of intensive technical service from the state Department of Commerce’s Main Street team in the areas of organization, design, economic restructuring and promotion. The Wisconsin Main Street Program was established in 1987 to encourage and support the revitalization of downtowns in Wisconsin communities. "For 20 years, the Main Street Program has not only helped restore pride and community spirit to downtowns across the state, but has also provided an important economic boon, attracting new businesses and creating new jobs for hard-working Wisconsin families," Doyle said in a news release. "Since the program’s inception, Main Street communities have generated nearly $1 billion in new investment in the state." Port Washington has a 25-block Main Street district that features 153 businesses that employ 1,466 full-time employees. A portion of the district is listed on the National Register of Historic Places. The other Main Street communities in southeastern Wisconsin are Lincoln Village (in the City of Milwaukee), Pewaukee, Sheboygan Falls, West Allis, West Bend and Whitewater.

Prince Hall Village grand opening
State and local officials recently celebrated the opening of Prince Hall Village at 1200 W. North Ave. in Milwaukee. The building consists of 14, two-bedroom apartment style housing units in a three story, mixed-use building. An additional 10, two-bedroom townhouse units were constructed at 2207 North Teutonia Ave, less than a block away from the North Avenue site. The Wisconsin Housing and Economic Development Authority (WHEDA) allocated $5.9 million in affordable housing tax credits, as well as $4.1 million in financing for the development. Kalan Haywood of Vanguard Development Group partnered with Fond du Lac-based Commonwealth Development Corporation to construct the complex. Haywood participated in WHEDA’s Mentor Protégé program.

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display