
I’m excited to see this high-profile South Milwaukee property potentially come back to life, as the city’s investment in acquiring it hopefully pays off with an anchor project at the south gateway to our downtown.
From the Milwaukee Journal Sentinel story …
Milwaukee-based AK Development is proposing the Canal Transit Housing project, a 64,000-plus-square-foot commercial building at 2318 10th Ave., where a gas station formerly operated. The concept includes 63 market-rate apartments (29 one-bedroom and 34 two-bedroom) and 5,000 square feet of commercial space. A parking lot in the rear could provide 26 spaces.
Renderings for the project list a lounge area and an 896-square-foot community room as amenities inside the building. Bench seating is shown along the building on 10th Avenue.
The land, owned by the City of South Milwaukee, is 0.70 acres. The former Amoco/BP gas station was demolished on the property, including removal of the underground fuel tanks, in 2018 after the property sat unused for over five years. (The city would later buy it.)
The project has been on the radar of South Milwaukee staff since early 2023 with preliminary plans for 39 apartments. Work was done throughout the year updating the proposal, leading to this latest version of the project. … The project could incorporate eight workforce housing units “for young people and youths aging out of foster care,” as stated in the application for tax incremental financing. Another portion of the documentation mentions the possibility of 13 units set aside for the same youths to be supported by Wisconsin Community Services.
The project is far from a done deal, however, with state and local funding still necessary.
The project budget is $18,930,131 with approximately $12.6 million of the developer’s capital stack listed as WHEDA funds. Additionally, the developer is requesting $1.5 million from South Milwaukee, according to City Administrator Patrick Brever. That help could come in the form of tax incremental financing district (TID 5), which was created in 2018 and includes this property plus the former Bucyrus Campus and portions of the downtown area along Milwaukee and Chicago avenues.






















