1693 N. Water St. is an empty lot that will be developed a part of a mixed-use development at 1701 N. Water St. The mixed-use development is being led by Wangard Partners.
The former home on the site, known as Homestead, was the residence of Michael and Mary Ellen Mervis for years. The three-story home was built in 1918. They sold the property to New Land Enterprises in 2006, who lost the property to Anchor Bank in a foreclosure settlement. Wangard bought the property from Anchor in 2012.
New Land purchased the home for $950,000.
The Mervis’ had the city-owned triangle across the street turned into a pocket park. They privately funded this effort.
Mike Mervis referenced his frustration with the upkeep on the property after the sale in a 2008 proposal for the Transera high-rise at 1550 N. Prospect Ave.
Content referencing 1693 N. Water St.
Condo Project Scrapped, River Site For Sale
Brady and Water site sits at key link between Downtown and East Side.
Jan 3rd, 2024 by Jeramey Jannene
Brady and Water Condo Project Moving Forward
First major downtown condominium project in a decade hopes to break ground in 2019.
Dec 24th, 2018 by Jeramey Jannene
Is the Downtown Apartment Boom Over?
Wangard hesitates over river-side apartment complex, while other projects push ahead.
Mar 11th, 2018 by Graham Kilmer
5 Wangard Projects to Watch For in 2016
A big year for the developer and proof the city's development momentum hasn't slowed.
Jan 7th, 2016 by Dave Reid
Huge Growth for Brady and Water
Three different developments will add 740 apartments and tremendous urban density to the area.
Feb 16th, 2015 by Dave ReidBuilding data on this page, including assessment information, was last updated on April 5, 2024
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