Although development within the Beerline corridor has slowed there is still ongoing construction. The Edge which is just now starting to rise out of the ground intends the first phase to be completed by November 2008. The Bluff Homes construction is nearing completion and more than half of the units have been sold. The completion of these developments during this market downturn show promise for the Beeline.

Further in spite on the slowdown the future is still looking up for the Beerline as two condominium developments and additional Riverwalk expansion are still in the works. Specifically the potential developments include the Pleasant Street Market and Riverboat Landing. The most recent public report regarding Pleasant Street Market dated June 30, 2007 indicated it was undergoing final design review and obtaining permits but as of today no development of the site has occurred. The Riverboat Landing will have 67 residential units and two retail units once built. Currently only 14 residential units are under contract and with the broader residential market in a backslide it is likely that at least another 20 units will need to be sold prior to breaking ground. Additionally the design of the Brewers Point Apartments Riverwalk was approved during the September 10, 2007 City Plan Commission meeting and construction should begin soon. The development of the Beerline has been one of Milwaukee’s success stories in recent years and if the potential developments move forward it will be on track for continued growth in the future.

Articles + Reference

Pleasant Street Market
Nehrings are in the market for a new venture
Owners of Upscale Food Stores Plan New Grocery Along River Near Brewers Hill

The Edge
Construction gets under way on riverfront condo project

For a quite sometime it appeared this project may not ever get built as no progress had been taken place on the site but finally progress can been seen at the site as work has begun on the foundation. This is great news as The Edge includes one of the missing Riverwalk pieces needed to complete the Beerline section and will include the cleanup of a contaminated property. Additionally this project has a creative design and once completed will have 133 units running in the range of $200,000 to $300,000.

To follow this development I’ve started a flickr set, The Edge that I will update with new pictures to keep track of the progress.

Articles
Chicago firm plans condos near Milwaukee River
Condo developers to receive brownfields grant