Plans to convert a historic former school on Milwaukee's north side into affordable apartments are proceeding.
Royal Capital Group Ltd. announced Tuesday it has completed the $465,000 purchase of the former Phillis Wheatley Elementary School, 2442 N. 20th St.
Royal Capital plans to begin construction this month on creating 82 apartments at the site, with completion in spring 2022.
The $22 million project features the conversion of the former school into 42 units, with 40 more apartments in a new four-story building on the same site.
The apartments will range from one- to three-bedroom units. Most will be provided at below-market rents for people earning no more than 60% of the local median income.