UWM selects finalists for dorm development

The University of Wisconsin-Milwaukee Real Estate Foundation recently narrowed its list of eight proposed locations, and developers, for a new dormitory to three finalists.

The University of Wisconsin-Milwaukee Real Estate Foundation recently narrowed its list of eight proposed locations, and developers, for a new 500-700 dormitory to three finalists.

The developers and the sites that are finalists for the proposed dorm are:

  • Boulder Venture, Prospect Mall and parking lot at Prospect Avenue between Ivanhoe Place and Kenilworth Place.
  • Mandel Group Inc., Property that abuts the Milwaukee River corridor to the west, East North Avenue to the south, North Cambridge Avenue to the east and Wisconsin Paperboard to the north.
  • Phelan Development LLC and Towne Investments, northeast corner of North Farwell Avenue and East Royal Place, 1774 N. Farwell Ave.

The UWM Real Estate Foundation is in the process of gathering additional information from the three finalists about their proposals. UWM hopes to have the new dorm completed in 2010.

UWM has 29,000 students, but only enough university housing for 3,000 students. The university is trying to add more housing for students. In January, UWM opened the RiverView Residence Hall, located on North Avenue along the Milwaukee River, which provides housing for about 475 students.

The other developers and proposed sites for the residence hall that have now been eliminated from consideration are:

  • HD Development Co., northwest corner of East Locust Street and North Humboldt Boulevard.
  • City of Milwaukee Housing Authority, undeveloped portion of Holton Terrace at 2825 N. Holton Street.
  • HSI Development Partners LLC, just west of the intersection of North Water Street and Humboldt Avenue.
  • Inland Newport II LLC, 2628-60 N. Humboldt Boulevard (east side of Humboldt, south of Center Street).
  • Vetter Denk and Gilbane Development Co., 1300 E. Locust St.

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