Stitchweld Melds History and Urban Living
Milhaus and WiRed Properties Partner on New Development
Indianapolis, Ind. – May 19, 2016 – Development is underway at one of the newest residential additions to Bay View. Milhaus has partnered with Blair Williams and WiRED Properties to develop Stitchweld. The site was formerly used for light industrial purposes, but will now enhance the local area with new residents, streetscapes and green spaces.
Stitchweld, at 2151 S. Robinson Avenue, is in a neighborhood steps away from the vibrant Kinnickinnic corridor with easy access to retail shops and restaurants. The $40 million, four building development will offer 291 studio, one-, two- and 3-bedroom apartments with high end finishes that will vary by building including wood cabinetry, quartz countertops and hard-surface floors. Stitchweld will also include a unique mix of amenities such as a club room, a co-working space, a maker’s room and a fitness center. Outdoors, a steel structure from one of the old buildings has been salvaged to create a unique space, equipped with outdoor grilling, a biergarten, bocce courts and community gardens.
The name, Stitchweld refers to a welding term, which is fitting as Bay View was home to the Milwaukee Iron Company. Additionally, the site itself housed two former metal fabrication, mining equipment, and welding related companies including the original home of the Harnishfeger welding rod operations. The name nicely blends the softer textile side of the area (hat shops, clothing, antiques/vintage goods and custom soaps) with the industrial side.
The development is modern urban with a mix of masonry, architectural metal, and cement panel. The color palette on the exterior will differ from building to building, but incorporate a majority of natural tones in the brick and metal along with selective pops of modern vibrancy.
Leasing will begin in early 2017, with the first move-in dates following. For more information, visit StitchweldLiving.com.
“Stitchweld turns a neglected site into a vibrant part of the community,” said Greg McHenry, director of development, Milhaus. “In addition to the great retail and dining options nearby, it also has great access to major transportation to the downtown core.”
The property is being constructed by Milwaukee-based Greenfire Management Systems and will be managed by Milhaus Management, LLC. BMO Harris provided the construction loan. Milhaus and Engberg Anderson Design Professionals, headquartered in Milwaukee, collaborated on the design.
Original Renderings and Plans
ABOUT WIRED PROPERTIES
WiRED Properties is a full service real estate development firm. In addition to executing at-risk development on behalf of WiRED and its investors, WiRED executes fee development for its clients. With deep experience and expertise in multifamily, mixed-use, brownfield and urban in-fill developments, the WiRED team is able to bring even the most complex development to fruition. Expert in weaving the urban fabric, WiRED resolves complex land-use challenges into successful community enhancing developments.
Milhaus is a team of inspired and industrious individuals, headquartered in Indianapolis, operating throughout the Midwest and Oklahoma. They deliver solutions for neighborhoods that positively impact urban environments by working with cities to provide unparalleled expertise in real estate investments, development, construction and management. Milhaus has built a reputation for implementing complex projects in urban infill and mixed-use environments that are catalyst for neighborhood redevelopment. Ultimately, we develop high-quality projects that are financially responsible, withstand the passage of time, improve peoples’ lives and transform communities. For more information, visit www.milhaus.com