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An apartment building that includes affordable units, and a hotel, are planned for downtown s Park East strip using the strip s last parcel still owned by Milwaukee County.
The development would be on a 2.1-acre vacant lot bordered by North Water Street, North Broadway, North Milwaukee Street, East Lyon Street and East Ogden Avenue.
Developer Cornelius McClendon is working to secure financing, and plans to begin building the six-story, 122-unit apartment building by the end of this year.
Around 20% to 25% of those apartments would be set aside at below-market rents for people earning no higher than half the local median income, McClendon told the Journal Sentinel on Wednesday.