City Seeking Developer For Land Near Marquette Campus
RFP gives preference to homeownership-focused development.
The Department of City Development is looking for a new developer to try to develop a vacant lot on the edge of the Marquette University campus after an earlier plan fell through at the onset of the COVID-19 pandemic.
Lew Herro secured approval in February 2020 to purchase the 9,900-square-foot lot for at 541 N. 20th St. for $25,000 and develop a four-story, 27-unit apartment building at an estimated cost of $3.5 million. It was to be a model that could be replicated across the site.
But the plan never advanced after the pandemic took hold in March 2020. Construction costs have since spiked.
A newly-issued request for proposals (RFP) seeks to find a new developer.
“City of Milwaukee is looking for proposals that complement the surrounding neighborhoods and provide quality housing options. Multi-family developments, such as apartments, condos and townhomes are preferred uses for this site. The city will prioritize a proposal that includes opportunities for homeownership,” says the RFP.
The site’s current zoning designation, RM-7, can accommodate up to 30 units.
Milwaukee Common Council approval is required to enable the site’s sale, and any requested zoning change.
The asking price is $30,000.
A largely similar site, 1703-1719 W. State St., was redeveloped in 2023 into the six-unit “MU Mansions.” The three-bedroom units were constructed in a townhome-like style out of a modular construction system. Its name makes it clear who the target leasing audience is.
Responses for the 20th Street site are due by 3 p.m. on Jan. 17. A copy of the RFP is available on Urban Milwaukee.
Site Photo
2020 Renderings
Existing members must be signed in to see the interactive map. Sign in.
If you think stories like this are important, become a member of Urban Milwaukee and help support real, independent journalism. Plus you get some cool added benefits.