The Wauwatosa Community Development Authority is working with Mandel Group Inc. to redevelop the city-owned Blanchard Street parking lot, located northeast of Blanchard Street and Wauwatosa Avenue.
Mandel is planning to construct the 95-unit Harlow & Hem project there. The CDA selected Mandel’s proposal for the site over three others in February.
Before acquiring the property and starting construction, Mandel will need to negotiate terms of the sale with the CDA. The term sheet and rezoning will need approval from various city bodies, including the Common Council. A preliminary development schedule anticipates a December groundbreaking, with an 18-month construction schedule.
Developer: Mandel Group Inc.Size: 95 units
Cost: Over $25 million (estimate)