Affordable Senior Housing and Mixed-Use Development Along the Wisconsin River
Berkshire–Stevens Point is a 119,751-square-foot mixed-use development located along the Wisconsin River in Downtown Stevens Point, Wisconsin. Completed in 2021, the five-story community features 88 affordable apartments for seniors 55 and older, including 70 one-bedroom and 18 two-bedroom residences. The development also incorporates 5,083 square feet of first-floor commercial space intended for nonprofit and community-serving organizations. Situated at the prominent intersection of Water Street and Third Street, the property combines affordable senior housing with convenient access to downtown amenities.
Designed to support independent living and community engagement, Berkshire–Stevens Point offers fitness facilities, gathering areas, reading spaces, and 87 parking spaces. Despite construction challenges during the COVID-19 pandemic, the development opened in Spring 2021, celebrating its grand opening on May 18. More than 60% of apartments were pre-leased before prospective residents could tour completed units, demonstrating strong demand for affordable senior housing. The project strengthens Downtown Stevens Point by connecting residential living, community services, and riverfront accessibility.
Key Themes
- Mixed-use riverfront development combining affordable senior housing and commercial space.
- Affordable senior living expanding independent housing opportunities for residents 55+.
- Community-serving commercial space designed for nonprofit and neighborhood organizations.
- Resident-focused amenities promoting wellness, social interaction, and active lifestyles.
- Walkable downtown location connecting residents with shopping, dining, and recreation.
Results
- 119,751 SF mixed-use development completed in Spring 2021.
- 88 affordable senior apartments including 70 one-bedroom and 18 two-bedroom residences.
- 5,083 SF commercial space delivered for community-oriented uses.
- 60%+ residential pre-leasing achieved before completed units were available for tours.
- 87 parking spaces supporting residents, visitors, and commercial users.