Our privacy policy has changed. By using this site, you agree to the Privacy Policy and Terms of Use. Dismiss

Wangard Breaks Ground on New Apartment Development in Park East Corridor

Nov. 13, 2013

Wangard held an official groundbreaking ceremony at 1477 N. Jefferson St. for Avenir apartments, a 104-unit residential community that is the first development in the Park East Corridor since Milwaukee County began selling the land six years ago.

Wangard CEO Stewart Wangard, Milwaukee Mayor Tom Barrett, Milwaukee County Executive Chris Abele, and Milwaukee Alderman Nic Kovac spoke at the ceremony and Wisconsin Economic Development Corporation (WEDC) Account Manager Kathryn Berger spoke on behalf of COO and Deputy Secretary Ryan Murray.

“As the rental market in downtown Milwaukee expands, residents are looking for environmentally sound facilities and more contemporary amenities” said Wangard. “We are excited to meet that demand by bringing Avenir to the Park East Corridor.”

Avenir, which is French for “future,” is specially designed with eco-friendly amenities that young professionals of the millennial generation demand such as a location in a walkable community, and close proximity to vibrant nightlife, mass transit and convenient shopping. The property will also include 7,000 additional square feet of retail space, a rooftop terrace for entertaining and gathering and underground parking.

“Avenir will be an exceptional addition not only to the Park East neighborhood, but to the entire Milwaukee community,” said Barrett. “This project is catalytic for spurring additional developments and jobs in the area, and is one of the many reasons we’re continuing to attract even more vibrant, young professionals to live, work and play in our city.”

Residential development projects like Avenir are crucial for large companies in Milwaukee to attract and retain members of the millennial workforce, especially in light of major developments like Northwestern Mutual’s new office tower which will bring 2,000 additional jobs to downtown Milwaukee.

“Now more than ever, real estate development is key to the economic vitality of the greater Milwaukee area,” said Murray. “A dynamic and attractive central business district needs high quality housing choices for its occupants, and Avenir meets that need.”
Avenir apartments are expected to open in September 2014.

About Wangard
Wangard is an award-winning, real estate development company, headquartered in Milwaukee, which specializes in sustainable multi-family development, retail, industrial, and office nationwide. Wangard has the capabilities to conceive, plan, manage, finance and construct development projects efficiently and cost effectively. Through implementation of energy-efficient practices, and innovative environmental strategies, Wangard is guided towards environmental stewardship and social responsibility. The company’s portfolio includes numerous successful projects that have been recognized and awarded by various industry groups.

Community Watch

» Boerner Botanical Gardens hosting Herb Fair May 28 5/24

» Greendale's Canterbury Elementary enters recycling contest to win new playground 5/24

» Oak Creek boys track team stays on task, win sixth SEC outdoor title 5/24

» Initial Reaction: Talking with star Waukesha soccer players Dani Rhodes, Emily Cervantes Updated:  5/24

» Franklin boys tennis team dominates SEC tourney 5/24

» Big bats land Oak Creek softball team SEC title 5/24

» Steady Franklin golfers claim Southeast Conference title 5/23

» Grease fire damages oven at Franklin bakery 5/20

» Five places to go to let your dog off the leash this summer 5/19

» Reptile Day returns June 12 at Wehr Nature Center 5/19

» Oak Creek stuns Whitnall, 12-2, in battle of softball powers 5/19

» Crash closes portion of Highway 100 in Hales Corners May 18 5/18

» Oak Creek approves $13 million financing help for Ikea store 5/18

» Franklin girls soccer team finishes second at Kiel tournament 5/17

» Why did IKEA choose Oak Creek? Location 5/17

» Oak Creek to honor veterans May 30 5/17

» Initial Reaction Podcast: A chat with award-winning sportscaster Dennis Krause Updated:  5/17

» Oak Creek's Marwin Evans signs with Green Bay Packers 5/14

» Help clean up Hales Corners May 14 5/13

» Know Your Muslim Neighbors event being held at Hales Corners Library May 14 5/12

» Hard-hitting Oak Creek softball team charges into SEC lead 5/10

» Ahead of schedule, Oak Creek girls track team wins SEC relays 5/10

» Franklin boys tennis team wins Beaver Dam Invite 5/10

» Video: Katy's cooking tonight, and it could be in your home 5/10

» Oak Creek boys track team puts in strong effort to win SEC track relays 5/10

View All Posts Got a tip? Welcome rss

Advertisement

Best Summer Ever

 

We've made it easy for you to get out and go this summer. From hitting the trails for a bike ride or walk, to where to find beer gardens in the area, to the best places to swim in Waukesha County to the best summer drinks and summer reads, check out our 2016 summer guide.

Advertisement

CONNECT    

Advertisement