Apartment Building Planned for King Drive
More development happening near new home of Bader Philanthropies.
A new apartment building is planned for a vacant lot at 3317-3349 N. Martin Luther King Jr. Dr. near the Five Points intersection.
The building would include 57 apartments and first-floor commercial space. The units would be a mix of one-, two- and three-bedroom apartments ranging from 650 to 1,150 square feet each. Approximately 7,700 square feet of commercial space would be included, including 2,500 square feet of “micro retail” space divisible in small increments.
A courtyard and 2,400-square-foot banquet room would be constructed atop an attached one-story parking garage at the rear of the building. Renderings depict a basketball court and playground at ground level behind the building.
The city, through the Redevelopment Authority of the City of Milwaukee, has owned the site for decades according to assessment records. But the land has recently gained a higher profile following Bader Philanthropies redevelopment of a former theater into its headquarters. The organization is also redeveloping an adjacent former bank into a home for a cafe and wellness center and has contributed $1 million to Milwaukee Habitat for Humanity to build 40 homes in the area.
The MLKEDC did not respond to a request for comment by the time of publication.
Kazee told Urban Milwaukee the partners intend to leverage low-income housing tax credits to finance the project and provide affordable housing.
The city issued a request for proposals (RFP) for the site in the fall and reviewed proposals from four respondents. An asking price of $98,000 was included in the RFP.
A design charette was conducted for the Five Points area in 2017, but the vacant site was not one of the six sites contemplated.
Have a vision for Harambee? The city is selling a number of other properties in the neighborhood.
Renderings and Site Plan
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