Thursday 8 March 2012

Residential development planned for Gallun Tannery site

 

Residential development planned for Gallun Tannery site

Milwaukee-based Fiduciary Real Estate Development Inc. Oshkosh-based Keystone Development planned to convert that building into an 88-unit apartment complex, but the project died when Keystone's attempts to obtain tax credits were unsuccessful. The site has been listed for sale by RFP Commercial. "There's nothing to discuss at the moment," said Julie Ledger, vice president and general manager for Opus Development Corp. It's not ready for public consumption yet. We don't want to get ahead of ourselves. " Fiduciary Real Estate Development partner Craig Raddatz could not be reached for comment. However the developers are tight-lipped about the project for now. Martin Gallun, a representative of the Gallun family, also could not be reached for comment. Nik Kovac's ward. "You'd want it to be a great-looking building. "That site is obviously crying out for residential development," Kovac said. The Gallun Tannery site is within Ald. The former Gallun Tannery site is a 6-acre property, located northeast of North Holton Street and west of Water Street along the Milwaukee River. The last of the old tannery buildings on the site was torn going down last year. A major challenge for developing the site is that there is a significant drop-off from Water Street in decline to the river. The Gallun family has an option to sell your house to the development group, sources say. 's Milwaukee office.

Residential development planned for Gallun Tannery site



Trade News selected by Local Linkup on 08/03/2012