The Business Journal of Milwaukee: Downtown condos: If you build them, they will come - Urban condo sales maintaining brisk pace
Soft market? Bursting bubble? Developers and real estate broker don't agree. Condominium sales continue to keep pace with the number of units being developed in Milwaukee's downtown and the surrounding neighborhoods. Developers and brokers say sales are going well and report steady interest from buyers.
Downtown remains a hot market because buyers like the idea of living close to work and entertainment venues. The lifestyle of a condominium appeals to buyers because they can escape the maintenance that comes with owning a home. There is no such thing as a typical buyer in this market. Young professionals and baby boomers are calling downtown home.
Rachel McCormick-Jennings of The Business Journal of Milwaukee highlights several condominium developments covering all price points: The Sterling (New Land Enterprises), City Green (New Land Enterprises), The Flatiron (Legacy Real Estate Development), and Cambridge River North (Cassidy Realty).
Click here to read about these condominium developments>>>Labels: Real Estate
JSOnline: East side condo tower proposed - Developer has units on market
Condominium developer, Peter Renner, has submitted a proposal to construct a 21-story, 104-unit condominium tower at 1132 East Knapp Street in Milwaukee's East Side neighborhood. Construction of Break Water Condominiums could begin as early as this fall if Renner can sell enough units by then. If everything goes according to plan, Renner estimates that Break Water will be complete within 18-24 months after construction begins. Condominium units will start at $225,000 for one-bedroom units, $450,000 for two-bedrooms units (with two bathrooms), and $1 million for penthouse units.
Renner is not new to the downtown condominium market. His other developments include The Waterfront, The Harbor Front, and Hansen's Landing.
Tom Daykin of The Milwaukee Journal Sentinel provides more details about Renner's Break Water Condominium development.
Click here to read the entire article>>>
Labels: Real Estate
Featured Property: Top-Floor Unit at Western Leather Lofts - $394,900
"2" Good "2" Pass Up* 2 Bedrooms
* 2 Full Bathrooms
* 2 Indoor Parking Spaces (Side-By-Side)
* 2 Storage Lockers
Western Leather Lofts offers you this top-floor unit which is loaded with unique features. Entertain guests in this spacious, open-concept floor plan. In the summer, watch the lakefront fireworks from the oversized balcony. The dining room is framed by Cream-City brick pillars. Warm yourself during the cold winters with radiant-heated stone flooring throughout the entire condo. Western Leather Lofts is a pet-friendly association.
Click here to print a detailed property sheet, see additional pictures, or take a guided home tour>>>For more information about this top-floor loft, please call me at 414.412.7980 or e-mail at dray@shorewest.com.Labels: Featured
The Business Journal of Milwaukee: Brewer's Hill shopping center development moving forward
Brewery Works Inc. has proposed to construct three buildings along the banks of the Milwaukee River in Milwaukee's Brewers Hill neighborhood. The entire development will add approximately 60,000-square-feet of retail space. The three-acre site is currently being used as a parking lot at the northeast corner of Pleasant and Commerce Streets. The proposal also includes an outdoor plaza and a river walk. At the time of this writing, it appears that Sendik's Food Market will be the anchor tenant. Brewery Works is in the process of finding additional tenants for this retail destination.
Pete Millard of The Business Journal of Milwaukee provides additional information about this retail opportunity and Sendik's future in Brewers Hill.
Click here to read the entire article>>>Labels: Economy
JSOnline: Trolleys return with new schedule
Good news! The trolley is returning this summer to downtown Milwaukee. Bad news! It will run a shorter route (sorry Brady Street merchants), fewer days, and a shorter shift.
Starting June 6, the trolley will operate Wednesdays through Saturdays, between 11:00 a.m. to 10:00 p.m. On the bright side, the trolley will run more frequently - every 20 minutes.
Larry Sandler of the Journal Sentinel provides additional details about this summer's trolley route.
Click here to read the entire article>>>Labels: Economy
OnMilwaukee.Com: Lessons learned from the Expo - Congratulations Shorewest!
Recently, the Wisconsin State Fair Park hosted the Wisconsin Business & Technology Expo where several companies were recognized for their implementation of technology to enhance their business. Shorewest was one of the companies recognized.
Shorewest was one of several companies to receive this year's Innovation Quotient Awards for introducing and implementing Shorewest TV. Shorewest has just turned home listings into TV listings, with the launch of its own 24-hour cable television channel. There’s never been an easier way to shop for a home or a more powerful way to sell one. You can find us on Time Warner Digital Cable Channel 139, Time Warner Video On Demand Channel 1400, and Charter Communications On Demand Channel 999.
Congratulations Shorewest!
Steve Jagler of OnMilwaukee.Com identifies the other recipients and also shares his thoughts with technology no-nos. Click here to read the entire article>>>
Labels: Shorewest
