Local WI Real-Estate Related News

03/17/2024 2:30 PM | Dawn Anastasi (Administrator)

Freshwater For Life Action Coalition: Calls for independent investigation of SDC Weatherization Program

FLAC and Get The Lead Out Coalition (GTLO) provided a witness and evidence to city leaders of incomplete and shabby lead abatement work two months ago at a meeting in City Hall that was done by contractor hired by SDC.

“This matter is serious and requires a thorough review of an independent audit to determine the harm done to Milwaukee families throughout the city who had lead abatement work done by contractors hired by SDC”, continued Miranda.

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Milwaukee wants 1 million people and more housing. Zoning code changes are a first step

Milwaukee might soon change its zoning code to encourage development of small apartment buildings and apartments in commercial areas − growing the city's affordable housing supply.

"We want to use this process to remove the zoning barriers," said Sam Leichtling, Milwaukee's planning manager.

The idea is to promote more housing − but not high-rises, or even mid-rise buildings, in neighborhoods largely characterized by single-family homes, Leichtling said.

Other forms of housing could include tiny homes, such as Veterans Community Project Inc.'s development planned at 6767 N. 60th St., and accessory dwelling units. The latter refers to a house or apartment that shares the building lot of a larger, primary home.

Another change would encourage more apartments by eliminating floor area ratios − which typically limit a building's floor area in relation to the size of its lot.

More housing means increased property tax revenue for the city, Milwaukee Public Schools and other local governments, and additional customers for nearby stores, restaurants and other businesses.

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Third Ward apartment development raises $27 million from investors

The Evoni development with 261 apartments under construction in Milwaukee’s Historic Third Ward recently secured $27 million from investors.

The apartments are under construction on what had long been a vacant site northwest of North Lincoln Memorial Drive and East Summerfest Place. They are to begin leasing at the start of 2025, according to a press release.

Evoni broke ground in March 2023 using money from a construction loan and corporate funding provided by its developers.

The project covers 3 acres, and when complete will stand five stories tall with amenities including a pool, dog park, patio for outdoor grilling and a 119,113-square-foot attached parking structure.

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Rental Property Association of Wisconsin, Inc. (Formerly AASEW)
P.O. Box 4125
Milwaukee, WI 53204-7905
Phone: 414-276-7378

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