|
Tannery Turns With The Times
The former J. Greenebaum Tanning Co. property known as the Hide House is getting a makeover, and will become a $20 million housing development. Officials with General Capital Group said the growth of new developments in the Bay View area led them to purchase the former tannery at 2625 S. Greeley St., and that they will cater to Milwaukee's creative class of entrepreneurs such as artists, graphic arts, photography and design firms.
Construction on the project's $5 million first phase, which would create 24 to 30 condos, is expected to begin by summer. The condos, in the $150,000 to $225,000 range, will be marketed to first-time home buyers looking for affordable, loft-style housing with studio or other work space.
"I thank General Capital Group for their investment and confidence in Bay View and the City of Milwaukee by developing this underutilized historic landmark," said Ald. Zielinski. "The development fits the Bay View plan for attracting more creative businesses," the alderman added. |