SHOREWOOD CDA ADVANCES NORTHWOODS RENOVATION AND RIVER BLUFF SENIOR HOUSING PROJECTS

March 7, 2014

Shorewood’s Community Development Authority (CDA) met last Friday to review and advance two key development projects for the Village including a renovation and a new construction.

The Shorewood CDA approved the project concept for a $400,000 loan for Northwoods Software Development, Inc. to purchase and renovate the building, located at 1572 East Capitol Dr., which it has been leasing for the past nine months. Renovations would include upgrades to the building’s infrastructure including its heating and cooling systems and boilers. Final approval is required from the CDA, the Shorewood Village Board (which will provide $200,000 of the loan) and Wisconsin Economic Development Corp (which will provide the other $200,000 of the loan) to help pay for renovations. Northwoods currently has 32 employees and the company is expected to grow over the next few years.

ACTIVE SENIOR APARTMENTS PLANNED ALONG MILWAUKEE RIVER

Sherman Associates, Inc., an award-winning development and property management firm, reviewed site plans with Shorewood CDA for an active senior residences construction project located along the banks of the scenic Milwaukee River in Shorewood. Located over four acres at 3900 N. Sherburn Place, it includes an industrial building that once housed Milwaukee PC, which would be razed. This new property is south of a proposed 90-unit assisted living facility located off of East Capitol Drive.

Plans for the active senior residences include a four-story complex with 100 one and two-bedroom apartments featuring a wide range of upscale amenities including stainless steel appliances and granite countertops as well as private patio or balconies, some units with views of the Milwaukee River. Other building amenities will include a yoga studio, sauna, spa and indoor pool as well as a library, theater room and business center. The CDA advanced the project to the Village Plan Commission for approvals and possible zoning amendments.

“We’re pleased to support these types of business and residential developments which promise to add to the vitality and long-term growth of the Village,” said Chris Swartz, Village Manager.

The Shorewood Community Development Authority (CDA) was formed to strengthen the long-term economic viability of the Village; eliminating substandard and obsolete buildings, environmental deficiencies, and nonconforming uses; and providing for orderly physical and economic growth.

Community Watch

» Teen charged with taking upskirt photos of classmates in River Hills 6/25

» Oak Creek baseball team passes test with win over Homestead, 7-3 6/25

» Man charged with theft at Willowbrook Place waives hearing and not guilty plea 6/24

» Glendale's new park is realization of decades-long dream Updated:  6/23

» Talented, assertive Homestead soccer team won its own way 6/22

» Brown Deer, Homestead, Nicolet, Shorewood and Whitefish Bay Sports Shorts: June 23, 2016 6/22

» Brown Deer named an 'All-America City' 6/21

» Worker charged with stealing from senior living community residents Updated:  6/21

» "We endured': Homestead's state soccer title well-earned 6/21

» Frebeka 5 health challenge to be held in Mequon June 26 6/20

» Whitefish Bay entrepreneur wants to revolutionize school fundraisers 6/20

» CHAMPIONS! Mentally tough Homestead wins fourth state soccer title 6/18

» Homestead girls soccer team pulls upset on West, 2-1, heads to finals 6/17

» Shorewood group encourages shoppers to bring their own bag 6/17

» Glendale council bans chickens (again) Updated:  6/16

» Initial Reaction Podcast: MLB Draft's Wisconsin flavor and WIAA's postseason model Updated:  6/15

» Mequon indoor shooting range targeting a fall opening 6/15

» Nicolet baseball team making progress 6/15

» Deep, motivated Homestead girls soccer team heads to state 6/15

» NSC-leading Homestead baseball team pitching heavy 6/15

» Senior-laden Whitefish Bay baseball team in hunt for NSC crown 6/15

» Whitefish-Nicolet-Shorewood lacrosse team comes up just short in state final 6/15

» Sports Shorts: June 16, 2016 6/15

» Cafe Hollander in Mequon to stay open until 2 a.m. 6/14

» Shorewood Criterium Classic set for June 23 6/14

View All Posts Got a tip? Welcome rss

Best Summer Ever

 

We've made it easy for you to get out and go this summer. From hitting the trails for a bike ride or walk, to where to find beer gardens in the area, to the best places to swim in Waukesha County to the best summer drinks and summer reads, check out our 2016 summer guide.

Advertisement

Advertisement

CONNECT    

Advertisement