A Mixed-use Senior Project in the Historic Six Points/Farmers Market Area of West Allis.
The City of West Allis took a proactive approach toward an old industrial neighborhood saddled with obsolete properties and is creating a vibrant mixed-use area known as Six Points/Farmers Market. The City sought a catalytic project that would kick-start the redevelopment effort. General Capital responded with a proposal to develop 80 units of senior apartments with retail on the ground floor. The City enthusiastically endorsed the concept and became a partner in the transaction.
The developer executed a complex property assemblage and created a four-story design that addressed the commercial nature of Greenfield Avenue while maintaining a strong residential feel along 65th Street. With the City as a partner, General Capital was awarded federal affordable housing tax credits from WHEDA that enabled this high quality project to be built while maintaining rents affordable to neighborhood seniors.
Key Themes
- Catalytic urban redevelopment supporting West Allis' Six Points/Farmers Market revitalization.
- Public-private partnership advancing neighborhood transformation through municipal collaboration.
- Mixed-use senior housing integrating affordable apartments with commercial services.
- Complex property assemblage enabling redevelopment of an obsolete industrial area.
- WHEDA tax credit financing supporting long-term housing affordability for seniors.
Results
- 80 affordable senior apartments delivered in West Allis.
- 1,234 SF commercial space identified within the mixed-use development.
- Four-story mixed-use building completed in 2003.
- Community-serving commercial tenants including professional and public service offices.
- Historic district revitalization advanced through strategic residential and commercial investment.