The Bookends Development is Sent Back to Committee
At the December 1st, 2009 meeting of the Milwaukee Common Council the Cooperation and Development Agreement for the Bookends development was sent back to the Zoning, Neighborhoods & Development Committee. The agreement would of authorized a $3.45 million loan guarantee from the City of Milwaukee to the development team, of New Land Enterprises and Weichman Enterprises, for the Bookends apartment development. The apartment building would be located at 700 E. Kilbourn Ave. include 224 luxury apartments, 294 parking spots, and 3,000 square feet of retail space. The agreement was contingent on receiving another loan guarantee for the majority of the construction costs of $51.75 million from the U.S. Department of Housing and Urban Development.
- Video of Common Council action on this file
- Tom Daykin’s article, Council delays vote on Bookends North loan guarantee
- City of Milwaukee File Number 090805