Park Lafayette Towers

Building Info

• Address:
  1918 E. Lafayette Pl.
• Taxkeys:
  3561540000, 3561541000, 3561542000, 3561543000, 3561544000, 3561545000, 3561546000, 3561547000, 3561548000, 3561549000, 3561550000, 3561551000, 3561552000, 3561553000, 3561554000, 3561555000, 3561556000, 3561533000, 3561534000, 3561535000, 3561536000, 3561537000, 3561538000, 3561539000, 3561532000, 3561531000
• Status:
  Completed
• Assessed Value (Land):
  $5,073,300
• Assessed Value (Improvements):
  $63,601,800
• Assessed Value (Total):
  $68,675,100
• Assesment Year:
  2023
• Year Built:
  2009

Two 20-story apartment towers with 280 total units.

Towers use the addresses of 1918 E. Lafayette Pl. and 2036 N. Prospect Ave.

The majority of the property is leased out as apartments, but a handful of units were sold as condominiums before the development went into foreclosure in 2009 and the developer entered bankruptcy.

Originally developed by Warren Barr, the Mandel Group was retained by the project lender to lease the building.

Photos

Activity

Content referencing Park Lafayette Towers

Eyes on Milwaukee

Milwaukee’s 10 Most Valuable Properties

Some may surprise you. All will make you feel better about your own your property tax bill.

Jan 5th, 2021 by Jeramey Jannene

Plenty of Horne

Park Lafayette Developer in Federal Prison

Warren N. Barr, 68, nets seven-plus year term in $22.8 million 2014 Chicago mortgage fraud scheme.

Jun 4th, 2020 by Michael Horne

House Confidential

Alex Lasry’s $1 Million Waterfront Condo

And why not? The son of Bucks owner Marc Lasry has become a MAJOR player in town.

Aug 3rd, 2016 by Michael Horne

Press Release

Mandel Group Commences Denim Park Summer Music Series, Launches New Bublr Bikes Station

New Bublr station located directly in front of Fresh Thyme Farmers Market at the North End

Jun 8th, 2016 by Mandel Group

Eyes on Milwaukee

10 Images of a Changing City

Think Milwaukee moves slowly? These dramatic interactive images will change your mind.

Apr 8th, 2016 by Jeramey Jannene

House Confidential

CEO Alex Molinaroli’s Riverwest Townhome

What's a millionaire doing in a Reservoir Ave. town house? A divorce and legal problems will do that.

Oct 7th, 2015 by Michael Horne

Doors Open

Inside the Standard at East Library

Our photos capture the interior of a one-bedroom apartment, its great views, and the rooftop deck.

Sep 30th, 2014 by Dave Reid

Doors Open

Inside Park Lafayette Towers Apartments

Our photos take you on a tour inside Park Lafayette and reveal a hidden urban oasis in the sky.

Sep 28th, 2014 by Dave Reid

Eyes on Milwaukee

New Apartment Building Coming to the Third Ward

Two developers partner up for a new building that is going to have a very odd shape.

Sep 23rd, 2014 by Jeramey Jannene

2011 Milwaukee

A Year in Review

As the US economy continued it slow recovery from the Great Recession, Milwaukee was left with a couple of failed development projects to complete or redefine, a changing real estate market, the opportunity to make small infrastructure changes, and questions about the future of transit.

Dec 15th, 2011 by Dave Reid

What can Milwaukee look forward to in 2011?

Numerous signs point to a national economy that is recovering. Hiring has started to pick up, banks are starting to lend again, and locally 'failed' projects are slowly filling up. But everything isn't great just yet, as here in Wisconsin there is a 14 month supply of homes available on the market, and nationally unemployment sits at 9.4%.

Jan 10th, 2011 by Dave Reid

Coming to the East Side – More Residents and Customers

Milwaukee's East Side residents and business owners are likely to see the results of such infill development over the course of the next year as a number of new buildings open.

Jul 30th, 2010 by Jeramey Jannene

The 200 Empty Units in Park Lafayette Are Not The End of Milwaukee Development

Yesterday it was announced that prominent East Side development Park Lafayette is being foreclosed on by Anglamated Bank of New York, the primary lender on the project. Not surprising to those who have seen the massive towers, Anglamated Bank is claiming they are owed nearly $100 million by Renaissant Lafayette LLC, an affiliate of Renaissant Development Group. Renaissant Development Group is led by prominent Chicago developer Warren Barr. Park Lafayette was Barr's first entry into the Milwaukee market. While the foreclosure is certainly bad news for Barr and the bank, it's not necessarily all bad news for Milwaukee.

Oct 8th, 2009 by Jeramey Jannene

BreakWater Fiasco

A column in Milwaukee Magazine criticizing the design of Renner Architect's soon-to-be completed BreakWater Condominiums spurred a response from Renner's firm that was in very poor form.

Jan 29th, 2009 by Jeramey Jannene

Friday Photos Friday, 07. November 2008

Park Lafayette Kane Commons The North End Breakwater Condos Hometown Dorm Site

Nov 7th, 2008 by Dave Reid

Friday Photos Friday, 24. October 2008

Kane Commons The North End Breakwater Condos The Edge Park Lafayette

Oct 24th, 2008 by Dave Reid

East Side Apartment Building to be Built Within Existing Zoning

Wangard Properties LLC is in the process of demolishing a vacant nursing home at 1824 E. Park Pl. and plans to build a 61-unit four-story apartment building in its place. Although this development seems fairly minor in comparison to many larger projects it is a great example of building by right. This is a case where the developer recognized that the East Side has seen its share of battles between developers and homeowners. For example in recent years homeowner’s have fought against the re-development of Downer Avenue, the Park Lafayette project, UWM RiverView Hall and the Hillel Student Center arguing “it’s too dense, too tall, it will impact parking, and it doesn’t fit the neighborhood”. The net result of these arguments have been, reduced tax base, less residents to support local business and slowed development. How this project fits into this discussion is that by legal right Wangard Properties LLC can build to their intended height and density according to their existing zoning and stay outside of the public planning process. Although this may concern some, it is important to note that this is the intention of zoning regulation and it is good to see smart developers continuing to develop projects despite the growing difficulties presented by this ever present NIMBY attitude on the East Side.

May 12th, 2008 by Dave Reid

Photo Gallery

Park Lafayette

Park Lafayette is the first project for developer Warren Barr, of Renaissant Development Group LLC, in Milwaukee and it is worth stopping in the sales center to see the level of quality he delivers. Not only can your tour the two bedroom model but you can also check the view from every unit in the building. The project itself has approximately 292 households per acre which should only add to the Eastside’s already buzzing vibrancy. And although not affordable units per se the majority of the units in the building start in the 200’s allowing for a wider range of buyers to enter the market than many of the other developments in Milwaukee currently. To follow this development I’ve started a flickr set, Park Lafayette that I will update with new pictures to keep track of the progress. Articles Condo towers win funds The high-rise guy Department of City Development Documentation Detailed Planned Development:Renaissant’s Park Lafayette

Oct 24th, 2007 by Dave Reid

Building data on this page, including assessment information, was last updated on April 5, 2024

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