Harbor District Project Moving Forward
Developer turning two industrial buildings at north edge of Bay View into apartment complex with up to 300 units.
Bear Development is proceeding with the redevelopment of a large industrial complex in Milwaukee’s Harbor District.
The Kenosha-based firm filed for building permits last week to convert two buildings in the former Filer & Stowell complex, 147 E. Becher St., into apartments.
Bear first revealed plans in fall 2020 to convert the approximately 10-acre complex, last used by Southwind Marine, into an up-to 300-unit apartment complex that would include a mix of affordable and market-rate housing.
The company secured a zoning change in November 2020 to enable development of the property, and an adjoining former railroad corridor at 123-127 E. Becher St., for housing. The change was supported by area Alderwoman Marina Dimitrijevic, who represents the Bay View neighborhood to the south and the southern portion of the Harbor District in which the site is included.
But the company failed to secure competitively-awarded low-income housing tax credits in April, at least temporarily blocking access to the most common affordable housing funding source. Bear CEO S.R. Mills said last fall that the firm was considering multiple financing options.
Based on the names listed in the building permits and a 1910 Sanborn fire insurance map of the site, the first phase of the redevelopment would be focused on the eastern edge of the site. The eastern side of the site was most recently used for boat storage.
Most of the buildings in the complex are made of Cream City brick, but the larger buildings are clad in metal paneling. Bear’s 2020 plans called for using the western railroad corridor and other open space for surface parking while creating an interior courtyard space between the buildings.
The financing for the proposal would rely in part on historic preservation tax credits. In exchange for maintaining the historical integrity of the complex as part of a redevelopment, the combined state and federal credits offset up to 40% of the cost of rehabilitation work. That would include removing the metal paneling and restoring windows, doors and other fixtures.
Bear has a purchase option to acquire the site from Read, but state records do not indicate that transaction has closed. Read, in 2020, told Urban Milwaukee he was working on a machine that could cut trees with nails embedded in them and that was why so many tree trunks were piled up on the property. In recent weeks those trunks have been milled into a large pile near the property’s Lincoln Avenue entrance.
An auction is pending for much of Integrated’s (and Filer & Stowell’s) equipment.
Mills did not respond to a request for comment by the time of publication.
The area around the Filer & Stowell site has seen a substantial amount of development activity in recent years, led by Michels Corp’s $100 million River One development to the west. To the east, the owners of Wheel & Sprocket bought and completed redevelopment last spring of a former Filer & Stowell machine shop, 187 E. Becher St., which now serves as headquarters for the company, office space for other tenants and a bicycle shop. Also just to the east is the Stitchweld apartment complex, completed in 2017. The MKE Urban Stables project at 143 E. Lincoln Ave., just south of the Filer site, celebrated its opening earlier this year.
A separate five-acre site, located between the Filer & Stowell site and S. 1st St., is also listed for sale by Mallory Properties (2252 S. 1st St.).
October 2020 Tour Photos
September 2020 Photos
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More about the Filer & Stowell redevelopment
- Friday Photos: Demolition Work Begins For Massive Affordable Housing Development - Jeramey Jannene - Feb 16th, 2024
- Eyes on Milwaukee: 576-Unit Bay View Apartment Complex Wins Key Approval - Jeramey Jannene - Sep 12th, 2023
- Eyes on Milwaukee: Construction Could Start in 60 Days On Massive Bay View Project - Jeramey Jannene - Aug 17th, 2023
- Eyes on Milwaukee: Massive Bay View Development Plan Has Grown - Jeramey Jannene - May 24th, 2023
- Eyes on Milwaukee: Deal On Affordable Housing Adds Bay View, Edison School Projects - Jeramey Jannene - Dec 13th, 2022
- Eyes on Milwaukee: 7 Milwaukee Affordable Housing Projects Win Funding - Jeramey Jannene - Nov 4th, 2021
- Eyes on Milwaukee: Harbor District Project Moving Forward - Jeramey Jannene - Oct 25th, 2021
- Transportation: Becher Street Receiving Road Diet, Raised Bike Lane - Jeramey Jannene - Jul 31st, 2021
- Eyes on Milwaukee: 10 City Affordable Housing Projects Win State Financing - Jeramey Jannene - Apr 27th, 2021
- Plats and Parcels: Milwaukee Developers Plan 959 Affordable Apartments - Jeramey Jannene - Jan 10th, 2021
Read more about Filer & Stowell redevelopment here
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