A former school on Milwaukee`s north side would be converted into 82 affordable apartments under a new development proposal. Royal Capital Group LLC would buy and redevelop the former Phillis Wheatley Elementary School, 2442 N. 20th St., according to a Common Council resolution posted Wednesday. Royal Capital
would renovate the building into a 44-unit apartment building for
families, and also construct 38 new town homes on the site, the
resolution said.... Ken Notes: I like this project, but the per unit cost is 250K. I wish we would develop smaller affordable housing that is actually affordable. These projects will will require public support forever and this is how we get upside down as an economy. | ||
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