$12 Million Mixed-Use Building Proposed in Bay View
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Bay View Apartment Proposal
HKS Holdings, LLC is proposing a $12 million 5-story mixed-use building, which would be located on the southeast corner of Kinnickinnic Ave. and Conway St. in Bay View. It would include 70 high-end loft apartments, 9,000 square feet of first-floor retail, 70 underground parking spots accessible from an alley, and 15 additional parking spots located behind the building. The project, which is being designed by Engberg Anderson, would include a club room, rooftop garden, a green wall, and the building will be set back to allow for wider sidewalks along Kinnickinnic Ave.
Individual apartments would include stainless steal appliances, and washer and dryers in the units. Rent for one and two-bedroom units will range from $700 to $1,800. The development group is seeking WHEDA financing for a portion of the project, which would require 20% of the building to consist of affordable rental units.
This proposal will go before the City Plan Commission on December 6th, 2010 to request a change in zoning to a Detail Planned Development.