Bay View Boos Building
Some pan the design of proposed Bay View "gateway" project. Meanwhile, the Dover Street School project hits a snag.
Last week, Michael Horne, reported on a proposal by Dermond Property Investments, LLC to build a 5-story, 72-unit apartment building at 2202-2206 S. Kinnickinnic Ave., in Bay View. It was touted as something that could created a “new gateway” to Bay View.
To accommodate the new building the former Faust Music Building, 2204 S. Kinnickinnic Ave., would be demolished and the property just to the north, a 11,699 square-foot parking lot owned by the City of Milwaukee, would need to be acquired by Dermond. Throughout the streetcar debate Ald. Tony Zielinski, who represents Bay View, often brought up the lack of an Request for Proposal for The Couture project as an issue. Yet it appears there has been no RFP to obtain bids for the parking lot which Dermond needs for this proposal. Jeff Fleming, the Department of City Development spokesman, told me, “I am not aware of any such RFP.”
That issue, however, wasn’t on the minds of neighborhood residents; rather, the design was. The design, by Joel Agacki of Striegal-Agacki Studio, has a glassy first floor, with two layers of two floors above, with the middle layer white and the upper layer black.
A quick glance of comments left on Urban Milwaukee and on the Bay View Town Hall facebook page reveal a design that was quickly shunned by neighbors. Here are a couple:
I never thought I’d see an uglier building in Bay View than the monstrosity that is DWELL. I was wrong
-commented Urban Milwaukee user Pssh.
Progress is good but that building is ugly
-wrote Patty Horigan on facebook.
This is much worse than Dwell. And it’s not “uber modern” either. It’s pretty dated…that kind of thing is pretty common…
-wrote Jeff Norman on facebook.
Following the outpouring of comments, Zielinski asked the Kinnickinnnic Avenue BID Board (BID #44) to put this proposal on their upcoming schedule. It will be discussed at the Wednesday, February 25th meeting starting at 6:00 p.m. at the Bay View Library.
Complaints over design issues and the development process spurred the Historic Third Ward and the East Side business improvement districts to create Architectural Review Boards to create guidelines for particular areas, a point Zielinski mentioned during the community meeting regarding the Dermond proposal. According to an email from Lee Barczak, of BID #44, the board had considered such an approach several years ago, but nothing came of it.
Another Bay View project which faced neighborhood concerns, the redevelopment of Dover Street School, at 619 E. Dover St., has hit a snag. The partnership of CommonBond Communities Inc., of St. Paul, MN., and Maures Development Group LLC, of Milwaukee is working to redevelop the school into 43 apartments and build multiple two-story townhouses on the site. But according to a Facebook post by Zielinksi on February 20, 2015, the project won’t be breaking ground until early fall, “due to bureaucratic hurdles for the school’s historical designation.”
Carroll Can Deliver
Back in July 14, the team of Fifield Cos. and Carroll Properties announced a proposal to build a 30-story plus luxury apartment building at 700 E. Kilbourn Ave. in downtown Milwaukee, with an expected groundbreaking in 2015. This same team, the Real Estate Journals reports, recently opened E2, the 356-unit high-end apartment complex made up of a 16-story tower, a 14-story tower, and 12 townhomes in downtown Evanston, Ill., which is designed by FitzGerald Associates Architects and located just a couple of blocks from a stop on the CTA’s Purple Line. Clearly, this team can handle big projects.
700 E. Kilbourn Ave. Renderings
Early 700 E. Kilbourn Ave. Renderings and Floor Plans
On Monday, Rich Kirchen, of the Business Journal, reported that the price tag of Gov. Scott Walker’s plan to issue $220 million in bonds to support the construction of a new NBA arena in Milwaukee is actually quite a bit higher than that. In fact, Kirchen writes that it could have, “an actual cost of at least $380 million including interest, according to a preliminary estimate by the nonpartisan Legislative Fiscal Bureau.”
On Thursday, according to a report by Sean Ryan, of the Business Journal, the Commercial Association of Realtors Wisconsin got into the arena game, with its leader stressing the need to build the proposed NBA arena. “This is the catalytic project of a generation, and if this doesn’t happen we have only ourselves to blame,” declared CARW president and CEO Tracy Johnson at the CARW Commercial Real Estate Roundtable event in Milwaukee.
In Other News…
– Is a slow-down coming in one sector of the real estate industry? Dees Stribling, contributing editor of Multi-Housing News, reported that a leading indicator measuring the multifamily real estate industry, the American Institute of Architects’ Architecture Billings Index, “dropped below 50 for the first time in a good many months.” A rating below 50 generally indicates a slowdown in work, and because architects are involved in project work months prior to construction this index is viewed as a key indicator for the multifamily industry. On the other hand, Stribling notes, the statistic “also could be a fluke, since this kind of index also includes a fair amount of month-to-month noise.”
-Did you know? St. Paul, MN based CommonBond Communities’ new CEO, Deidre Schmidt, is from Wisconsin. CommonBond has been involved in a number of affordable housing developments in Milwaukee, including: the Dover Street School redevelopment, Brewery Point Apartments, Glenbrook Apartments, and was also selected in partnership with Maures Development Group LLC to develop the new Mill Road Library.