Building Info

Legacy Lofts Construction
  • Address:
    1500-1504 W. North Ave.
  • Taxkey:
  • Architect:
    Continuum Architects + Planners
  • Status:
  • Assessed Value (Land):
    $17,000
  • Assessed Value (Improvements):
    $189,000
  • Assessed Value (Total):
    $206,000
  • Year Built:

64-unit apartment building under construction in former ice cream factory.

The building was most recently used as a warehouse.

A new building will be built on the western half of the site as part of the project.

The project is being developed by a partnership of Legacy Midwest Renewal Corp and Chicago-based Evergreen Real Estate Group. Continuum Architects + Planners is serving as the project architect, bringing extensive knowledge of adaptive reuse projects and historic preservation tax credits to the project. Greenfire Management Services will serve as the project’s general contractor.

The city created a developer-financed tax-incremental financing district to support the project. The developer will advance the city $635,000 as part of the district, which will be invested back into the project. The development team will then be paid back over a period of no more than 20 years from incremental property tax revenue generated by the project. The financing mechanism, which places the risk solely on the developer, allows the city to help developers plug a project financing gap with virtually no risk to the taxpayers.

Of the 64 units in the total project, only 10 would be available as market-rate housing. The bulk of the units in the project would be set aside for those making between $17,400 and $46,920 according to the developer’s presentation. Those would be financed in part with $723,000 in low-income housing tax credits from the Wisconsin Housing and Economic Development Authority. Sixteen of the units will be made available for those participating in WHEDA’s supportive housing program designed to combat homelessness.

Photos

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Activity

IDDateTypeDescription
HVAC-GEN-18-016152018/05/22Permit
HVAC General Permit.
ELEC_LV-18-000252018/03/22Permit
Low Voltage Permit.
ELEC-18-006182018/03/22Permit
Electrical Permit.
ELEC_LV-18-000552018/03/22Permit
Low Voltage Permit.
PLB-GP-18-000382018/03/22Permit
Gas Piping.
HVAC-GEN-17-037832017/12/16Permit
HVAC General Permit.
RAZE-17-003572017/09/17Permit
Raze Permit.
ECP-17-002892017/09/17Permit
Erosion Control Permit.
ASBP-17-001192017/09/14Permit
Asbestos Project.
PWEU-17-017362017/08/30Permit
ROW Excavation Utility.
PLB-17-032332017/08/03Permit
Building Plumbing Permit.
COM-NEW-17-000882017/07/25Permit
Commercial New Construction Permit.
ECP-17-002292017/07/25Permit
Erosion Control Permit.
PWPA-17-000972017/04/28Permit
Pole and Anchor Permit.
PWEU-17-005962017/04/07Permit
ROW Excavation Utility.
IDDateDescriptionType

Content referencing Legacy Lofts at the Blommer Ice Cream Factory

Eyes on Milwaukee: How Legacy Lofts Overcame the Odds
Eyes on Milwaukee

How Legacy Lofts Overcame the Odds

Conversion of old ice cream factory died many times before work could begin.

Eyes on Milwaukee: Construction Starts on The Legacy Lofts
Eyes on Milwaukee

Construction Starts on The Legacy Lofts

Project will redevelop former central city ice cream factory.

Eyes on Milwaukee: Ice Cream Factory Will Become Apartments
Eyes on Milwaukee

Ice Cream Factory Will Become Apartments

Council okays 64 apartments in converted factory and new connected building on 15th and North.

Eyes on Milwaukee: Ice Cream Factory Redevelopment Advances
Eyes on Milwaukee

Ice Cream Factory Redevelopment Advances

64 apartments coming to W. North Ave. in Lindsay Heights.