601 Lofts is a ten-story condominium tower on the north edge of downtown Milwaukee. The building is made up of 80 residential condominiums, 4 commercial condominiums, and 120 parking spots (with eight reserved for the commercial tenants). The building was originally developed by KeyBridge Development.
The 601 Lofts building was constructed around the same time as developer Scott Fergus’ other large condominium project, First Place on the River (later renamed Point on the River). Fergus lost control of both properties as part of his bankruptcy declaration in early 2008. In 2010, a group led by Michael Dilworth purchased 16 unsold units for $2.2 million from M&I Bank.
The project broke ground on June 27th, 2005.
- 601 Lofts Condominium Declaration Documents
- Milwaukee Journal Sentinel - Developer Files For Bankruptcy – Tom Daykin – April 2nd, 2008
Articles Referencing 601 Lofts
Jul 16th, 2009 by Jeramey Jannene
There might be a new development style taking hold in Milwaukee. A lot of focus is put on transit-oriented development, and the power of a station to improve the development of a neighborhood, but what about residence halls? Do they offer similar development when built in an urban setting? At least in one part of Milwaukee's East Side neighborhood, it appears so.
Dec 12th, 2008 by Jeramey Jannene
Ogden Street between N. Van Buren Street and Milwaukee Street has numerous retail establishments, but how well do they work together? Quite poorly. The groupings of stores work fairly well amongst themselves, but as an Ogden Street retail corridor they turn their backs on one another.
Nov 26th, 2008 by Jeramey Jannene
IT Gallery, the latest art gallery to open in Milwaukee, is situated on the corner of Ogden and Jackson in the 601 Lofts building. Started by the brother and sister team of Tom Pinkl and Shelly Hecht, IT Gallery features artifacts from Asia and West Africa that fit in an urban dweller's residence.
Jan 14th, 2008 by Dave Reid
A sampling of projects in varying states of completion showed that over 200 recently completed or under construction condominium units have not been sold. A look at the data indicates that In many cases the high priced units have gone un-sold. Clearly the market downturn has slowed sales but this may also indicated a demand […]