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Eyes on Milwaukee: RiverWalk Lofts Planned For 110-Year-Old Office Building

River Bank Plaza will get redeveloped.
By
Jeramey Jannene - May 12th, 2021 03:01 pm
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River Bank Plaza. Photo by Jeramey Jannene.
Another aging downtown office building will find new life as housing.
A company called 3L Real Estate will convert the eight-story River Bank Plaza building, 740-744 N. Plankinton Ave., into the RiverWalk Lofts.
The plan calls for more than 130 apartments including studio, one, two and three-bedroom layouts. The three-bedroom units would have a “rooftop duplex” layout according to a press release from the Rosemont, IL-based real estate firm.
Constructed is expected to begin in 2022 and be completed in 2023. ....

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Eyes on Milwaukee: Sentinel Building To Become 33 Apartments

Mostly-vacant office building would see new life as housing.
By
Jeramey Jannene - May 6th, 2021 04:40 pm
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The Sentinel Building. Photo by Jeramey Jannene.
Another aging downtown office building would see new life as housing.
An investment group led by
“We are still going through the design and working with the city on code compliance,” said Gollatz in an interview with Urban Milwaukee.
Constructed in 1892 and home to the namesake newspaper until 1930, the 10-story building was 70% vacant when Gollatz’ Mason Street Ventures LLC acquired it for $2.1 million in February.
“We love the area. We love the history of the building,” he told Urban Milwaukee. “Obviously office use is not the biggest thing out there for investors or anybody in real estate right now.” ....

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Plats and Parcels: Sentinel Building Could Become Apartments

Mason St Ventures acquired the property from Sentinel Suites LLC, an Illinois-based investment group led by
Doug Young. The Illinois firm paid Milwaukee investor
Max Dermond $1.53 million in 2018 for the property. It was billed as 50% vacant at the time.
Now it’s 70% vacant.
Alex Zank, would turn the building into apartments.
“It’s a really cool building, a lot of history behind it, and it’s in a prime location right downtown,” Gollatz told Zank. “You don’t see many buildings like that come up for sale at a semi-affordable price point.” The property is assessed for $1.58 million.
The conversion could result in 30 apartments in the 30,848-square-foot building. Gollatz said his group is now talking with architects and contractors. ....

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Sentinel Building in downtown Milwaukee sold for $2.1 million

The Sentinel Building in downtown Milwaukee has again changed hands, with the recent sale to a local investors group for $2.1 million. ....

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Newspapers – a window to history

Looking through newspapers from past years almost guarantees time is going to fly by. A person thinks, “I’ll be at this for about an hour.” But suddenly three hours disappear. ....

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