Building Info

Brady and Water. Rendering by AG Architecture.
  • Address:
    1693 N. Water St.
  • Taxkey:
  • Status:
  • Assessment:
    $270,000 (2014)
  • Year Built:

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.

Plats and Parcels: Is the Downtown Apartment Boom Over?
Plats and Parcels

Is the Downtown Apartment Boom Over?

Wangard hesitates over river-side apartment complex, while other projects push ahead.

Plats And Parcels: 5 Wangard Projects to Watch For in 2016
Plats And Parcels

5 Wangard Projects to Watch For in 2016

A big year for the developer and proof the city's development momentum hasn't slowed.

Plats and Parcels: Huge Growth for Brady and Water
Plats and Parcels

Huge Growth for Brady and Water

Three different developments will add 740 apartments and tremendous urban density to the area.