titlePresentation by Spoerl Commercial of a preliminary concept for a potential residential redevelopment at 7746 Menomonee River Parkway
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Background information
Spoerl Commercial is presenting an initial housing proposal that includes a three-story, 21 Unit multifamily residential building (documents attached). The building will front Harmonee Avenue and will complement the neighboring structures in its appearance. There will be 17 parking stalls located in a below-grade parking podium with access on Harmonee Avenue. 100% of the units will have rents that are affordable to tenants who are making between 80% and 100% of the Milwaukee County Median Income (CMI). The vision for this site is similar to what is being built in Whitefish Bay and proposed in Sturgeon Bay and Shorewood: https://www.spoerlcommercial.com/news
recommendation
The body may convene into closed session pursuant to Sec. 19.85(1)(e), Wis Stats., for the purpose of deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require closed session, and may reconvene into open session.