Berkshire–Oconomowoc
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Project Links
2002Year Built |
85Total Units |
Former St. Jerome’s 1.6 acre school acre school site at the northwest corner of 3rd and Main Streets in Downtown Oconomowoc. The City had recently completed its Downtown Master Plan and was seeking innovative proposals to spur downtown redevelopment. General Capital proposed a high-quality independent senior facility, including an adaptive re-use of an historic section of the original tudor-style school. The project was fine tuned throughout the approval process to respond to community comments and the City’s desire to accommodate a new home for the Oconomowoc Area Senior Center.
The project includes 85 affordable senior apartment units, numerous activity rooms and gathering spaces, including a dramatic re-use of the historic library in the original school. The exterior of the new building takes cues from the existing facility to create a harmonious look that reflects the architectural motif of the original design.
Berkshire — Oconomowoc is located in the City’s Downtown TIF district. The City provided public funds to build out the senior center, maintain a public parking lot and fund a new pocket park and improvements on Main Street. The project was financed by affordable housing revenue bonds, issued by the City of Oconomowoc’s Community Development Authority. The project also received HOME funds from the HOME Consortium, further demonstrating the widespread community support the project has received.
KEY THEMES
- Affordable senior housing provides independent living for adults age 55+ in the heart of downtown Oconomowoc
- Resident-focused community combines thoughtfully designed apartment homes with wellness, recreation, and lifestyle amenities
- Walkable location offers convenient access to Fowler Lake, downtown shopping, dining, healthcare, and public transportation
- Affordable housing strategy delivers quality residences with professional management and utility-inclusive living for added value
- Ongoing sustainability initiatives incorporate energy-efficient systems and water-saving features to support long-term building performance
RESULTS
- Successfully delivered an 85-unit affordable senior housing community featuring studio, one-, and two-bedroom apartment homes
- Created a vibrant independent living environment with a fitness center, library, chapel, beauty salon, business center, and multiple resident gathering spaces
- Established a premier downtown senior community within walking distance of Fowler Lake, local businesses, and neighborhood services
- Enhanced resident comfort through professional on-site management, controlled building access, and comprehensive maintenance services
- Continued investment in sustainability initiatives and property enhancements supports the community's long-term success
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