
Development is underway of a brand new 24-unit condo constructing close to the northwest nook of West Bluemound and North Brookfield roads, within the city of Brookfield.
The venture consists of renovations to the present mixed-use constructing at 655 N. Brookfield Highway, which is residence to workplaces, an condo and Hatched bakery. A brand new three-story, 36,306-square-foot constructing is being constructed straight behind it.
Milwaukee-based Revel Investments LLC, with Brookfield-based corporations Altius Building Co. and Brayton Devco LLC, are creating the flats at 655 N. Brookfield Highway. Brookfield-based First Federal Bank offered financing for the $6.eight million venture.
“We’re excited for this partnership, for this project, and for the opportunity to add multi-family to our portfolio,” Steve Pape, managing associate of Revel Investments, stated in a press release.
The luxurious models can have both one or two bedrooms, with high-level finishes and personal decks. The constructing may also function a group room, fitness center, underground parking and rooftop photo voltaic panels.
Development is slated to complete by November.