Mandel Group Inc. plans to begin construction this month on LightHorse | 4041, a mixed use development on Oakland Avenue in Shorewood. The building will have 84 apartments, 20 percent of them at “affordable” rents and an 18,000-square-foot Walgreens store. Mandel Group recently closed on the financing for the Shorewood project and the 155-unit second phase of its North End apartment complex development in downtown Milwaukee, which will also break ground this month. The total combined investment in the two developments is estimated by Mandel Group at more than $71 million.
