Beerline B Apartment Complex to Break Ground in November (Renderings)
General Capital Group plans to break ground on the 140-unit Beerline B apartment project, located at the long vacant corner of Commerce St. and Pleasant St., in November. The development project was awarded $2,345,310 in WHEDA tax credits to develop 119 workforce units, and 21 market rate units. The project will include a new public Riverwalk segment, which will be built using up to $1 million in city funds that was approved on a 4 to 0 vote with 1 abstaining by the Zoning, Neighborhoods & Development Committee on October 5th, 2010.
There will be preliminary site work during October with foundation construction starting in November. The project timeline also projects installing the dock wall this Fall, with the entire project taking about thirteen months to complete. Additionally, the complex may include a public kiosk with the history of the Beerline. The Riverwalk component will now go before the full Common Council for approval.