Milwaukee is gearing up for a groundbreaking affordable housing project in the Harbor District. The endeavor, valued at $197.2 million, will transform a 10-acre former manufacturing complex into eight buildings containing 576 apartments. Our CEO, S.R. Mills, emphasizes the importance of diverse tenant occupancy and highlights that the units will accommodate various income levels. With city endorsements and multiple funding sources in place, the project is set for completion by the end of 2026.
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Milwaukee Business Journal: https://www.bizjournals.com/milwaukee/news/2023/08/17/bear-development-harbor-district-affordable-homes.html
Milwaukee Business News: https://biztimes.com/bear-development-wins-first-tif-approval-for-576-unit-housing-project/
Milwaukee Journal Sentinel: https://www.jsonline.com/story/money/real-estate/commercial/2023/08/18/milwaukee-to-help-finance-576-unit-affordable-apartment-development/70618391007/