Mandel Group Inc. says the second phase of its North End development, located along the Milwaukee River on the north side of downtown Milwaukee, is already 70 percent leased, another sign of the strength of the downtown apartment market.
The second phase of the North End consists of two buildings, one completed in March and other scheduled to be complete by the end of July. Together the two buildings have 155 apartments.
The first phase of the North End is the ONE building, completed in 2009, with 83 apartments. It is at near 100 percent occupancy, according to Mandel Group.
“We’re very excited that the market has responded so positively to the new apartments we’re bringing online,” said Don Lindeman, president of Mandel Property Services Inc.