Shorewood Apartments
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2017Year Acquired |
95Total Units |
Mixed-UseDevelopment |
Mosaic is an upscale mixed-use development in the heart of Shorewood, Wisconsin featuring 95 beautiful residences for lease, first floor boutique shops and restaurants and conveniently located next to the newest Metro Market. Mosaic brings a perfect balance to urban living, combining sophisticated luxuries and conveniences in one ideal location. The community is nestled in a quaint neighborhood setting and just minutes from downtown Milwaukee, the lakefront and community parks.
The apartment building is part of a mixed use development that is anchored by Roundy’s new Metro Market flagship. A 90,000 square foot grocery store was constructed on two levels and is attached to a four story parking structure. The development was facilitated by a public private partnership that included significant municipal participation.
KEY THEMES
- Large-scale mixed-use redevelopment integrates upscale market-rate housing, neighborhood retail, dining, grocery, and structured parking
- Public-private partnership supported a transformative $50 million investment in the heart of Shorewood's established commercial district
- Urban infill design combines 95 residences with first-floor shops and restaurants to create an active, walkable neighborhood destination
- Roundy's flagship Metro Market serves as a major grocery anchor, strengthening convenience and activity throughout the development
- Strategic location provides residents direct access to Shorewood amenities while remaining minutes from Downtown Milwaukee, the lakefront, and parks
RESULTS
- Successfully delivered 95 market-rate residences as part of a mixed-use development in Shorewood
- Integrated a 90,000 SF, two-level Metro Market with residential, retail, restaurant, and structured parking uses
- Delivered an attached four-story parking structure supporting residents, businesses, and the development's grocery anchor
- Established a diverse commercial environment with grocery, dining, fitness, service, and specialty retail uses
- Leveraged significant municipal participation to create a prominent mixed-use destination along Shorewood's Oakland Avenue corridor
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