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WAUKESHA, WI—The Waukesha Plan Commission unanimously recommended approval for the final site plans and architectural review for a Fox River development on Wednesday.
Waukesha Mayor Shawn Reilly said he was looking forward to development.
"I'm hoping it can get under construction as quickly as possible," Reilly said.
General Capital and Joseph Property Development are under contract to buy a portion of the Waukesha State Bank land and other property along the north side of the Fox River, according to the city.
An apartment project is proposed in downtown along Brehm Street between East St. Paul Avenue and the Fox River. The site consists of about 2.5 acres and is currently occupied by parking lots.
The proposed development includes three separate three-, four- and five-story multifamily residential buildings comprising 192 units, with the ability to add 20 units for a total of up to 212 units, ranging from 690 to 1,578 square feet, the city said.
Rents would be in the $1,200 to $2,200 per month range, the city saidEach building will consist of upper-story residential units above enclosed parking. There will be about 279 parking stalls — 243 enclosed space and 36 surface spaces — as well as bicycle racks. An additional 40 public parking spaces will be available.
The project will feature exclusively multifamily rentals with the exception of about 2,000 square feet of retail space along Barstow Street.
In June, the Plan Commission asked for only minor changes to the proposed project, including revising the roofline and elevation and increasing the space between the proposed townhouses and the river. Beyond those changes, commissioners expressed support for the project.
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