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Whitefish Bay Development

Monday, September 10, 2012

Should the Village Assist in Funding Mandel's Apartment Development?

Residents raised concerns and questions with the village's plan to contribute $4.9 million to the development by creating a TIF district. Negotiations continue between the village and The Mandel Group.

Should the village assist in funding The Mandel Group's 100-unit luxury apartment development near Silver Spring Drive? This was the question posed to residents at a public hearing of the Community Development Authority Thursday night. The village estimates it will contribute $4.9 million through a tax incremental finance (TIF) district to The Mandel Group's $27-million, three-building development containing 100 high-end apartments in the parking lots north of Silver Spring Drive, between Santa Monica and Consaul Place. At the hearing attended by less than 10 residents, resident Robert Crawford said he likes the project, but he questioned the use of public TIF funds for it. "I think good, old-fashioned capitalism will see that this project…

Absolutelyfabulous

12:47 pm on Wednesday, September 12, 2012

It won't get shot down. Why can't certain people put 2 & 2 together? Only 10 residents showed up at the Village Board/CDA meeting. This blog means nothing. This development mirrors what happened in Shorewood. Though, no matter how many times they were asked what the valuation of Mandel's Shorewood luxury apartment would be upon completion, the only information forthcoming was that in the year …   more ›

Thursday, May 17, 2012

Luxury Apartment Proposal Earns Preliminary Approval

The four-story apartment proposal was introduced to two village committees this week, but two business district leaders say they should have had a seat at the table earlier on.

After seeing the proposal for a luxury apartment development in the Fox Bay parking lot, Whitefish Bay Plan Commissioners gave the concept its preliminary approval. The Plan Commission held a pre-petition conference with the developer, Mandel Group, Wednesday night. The conference, required by the village's planned development process, does not include a public hearing, but gives commissioners a chance to decide whether the general proposal should be further considered by the Village Board. "This is really intended to be a preliminary discussion with all of you," said Dick Lincoln, the company's senior vice president. The developers first publicly presented their plans at a Community Development Authority meeting Monday night. The …

Absolutelyfabulous

3:10 pm on Friday, May 18, 2012

Now, this parcel was originally purchased along w/ the buildings ie Fox Bay theater et al for ~$10,000,000. New Land made the purchase for the lot behind to do a development. Now that New Land no longer owns the most valuable piece of the puzzle what will this building be assessed @ between now & any completion of future development behind it? Was there some sort of deal worked out on that end as…   more ›

Tuesday, May 15, 2012

Four-Story Luxury Apartments Proposed for Fox Bay Parking Lot

The proposal from The Mandel Group would build three high-end apartment buildings in the lot spanning from Associated Bank to Starbucks without significantly reducing parking availability.

Whitefish Bay officials reacted favorably to a Milwaukee-area developer's plans to build a $27 million luxury apartment community in the parking lot behind the Fox Bay Cinema Monday night. The Mandel Group is well known for its estimated $825 million in high-end apartment and condominium developments in the Milwaukee area, such as Marine Terminal Lofts in the Third Ward, University Club Tower downtown, The North End on Water Street, and soon, LightHorse 4041 at Oakland Avenue and Kenmore Place in Shorewood. The developer unveiled its plans for Whitefish Bay in front of the village's Community Development Authority and Architectural Review Commission Monday night. The proposal calls for the construction of 103 high-end apartments in three …

AudiFan

8:40 am on Wednesday, May 16, 2012

This project is a winner! We need to break ground ASAP. Advice, keep Trustee Foster as far away from this project as possible.   more ›

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