Milwaukee Deer District new development; Bucks reveal 5-story project
MILWAUKEE - Leadership of the Milwaukee Bucks and J. Jeffers & Co. unveiled on Monday, Nov. 13 plans for the transformation of Block 5 within Milwaukee's Deer District.
A news release provided details of the five-story mixed-use development that officials say will redefine urban living in downtown Milwaukee.
New development revealed for Milwaukee's Deer District
The development is yet to be named. It features a building that integrates residences and commercial spaces, designed to cater to the city's young urban dwellers, the release says.
"There is a need for apartments in Milwaukee as evidence by Milwaukee consistently ranking very high for residential occupancy rates and multi-family housing for a city of our size," said Joshua Jeffers, CEO of J. Jeffers & Co.
New development revealed for Milwaukee's Deer District
The project (which has yet to be named) will include 210 apartments including studios, one-bedroom and two-bedroom residences. The news release says the development also promises a Live/Work/Play experience for residents, featuring a rooftop terrace with views of Fiserv Forum, green spaces, outdoor balconies and lobby hospitality. 27,000 square feet of mixed-use space is also planned.
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New development revealed for Milwaukee's Deer District
There is expected to be a dedicated parking structure for residents – and month rent is predicted to start around $1,500.
"We believe there’s a lot of unmet demand to be specifically in this area," Jeffers said.
New development revealed for Milwaukee's Deer District
"There’s so much growth, so much momentum we’re building on that right now," said Milwaukee Mayor Cavalier Johnson.
The partners plan to begin construction in mid-2025. Information regarding the unique activation of the ground level commercial space is expected in early 2024.