Racine County 3-year residential development
Racine County has experienced a surge of commercial
development. More businesses recognize the value of investing in Racine County – leading to a great need for more talent. For Racine County to meet the talent needs of new and expanding businesses, the universal understanding was that housing availability needed to increase exponentially.
Racine County, RCEDC, local municipalities, and partnering developers have taken the initiative to meet the housing needs head on. Because of this comprehensive collaboration, Racine County is experiencing a much-needed increase in housing development, leading to over 3,600 additional housing units in Racine County.
Belle City Square
This historic home to the Horlick Malted Milk Factory is comprised of numerous, multi-story cream-city brick buildings and has been beautifully reimagined for today’s modern lifestyle. In 2018, J. Jeffers & Co. purchased the campus and began renovations and new construction. Today the facility is home to 330 units with another 386 under construction.
Leo Living
Adding to the variety of housing options in Mount Pleasant, these 347 residential units will add new single-family rental homes to the market. Residents will enjoy the privacy and charm of single-family homes in a master-planned neighborhood setting.
Granary Townhomes
Sawall Development appreciated the small-town charm of Union Grove, perfectly situated just minutes from I-94. The developer purchased a vacant parcel in the downtown area and constructed townhouse-style apartments totaling 73 units.
Seasons at Mount Pleasant
Fiduciary Real Estate Development purchased land in Mount Pleasant to construct 14 two-story townhouse-styled apartments totaling 280 units. A second phase has been approved that will include 200 additional units.
Tivoli Green
Wangard Partners has a vision for the vacant parcel adjacent to Mount Pleasant’s Village campus that includes apartment living with unmatched beauty, privacy, and tranquility, all while being less than 5 minutes from the Amtrak station to connect residents to Chicago and Milwaukee in less than 1 hour. The success of the initial 278-unit development has led to a second phase that will include an additional 230 units.
Recently completed or announced Housing Development Projects in Racine County
Project | # Housing Units | # Single Family | #Multifamily | Municipality | Developer |
---|---|---|---|---|---|
Tivoli Green, Phase I | 278 | 278 | Mount Pleasant | Wangard Partners | |
Gold Metal Flats | 77 | 77 | Racine | J. Jeffers & Co. | |
Belle City Square, Phases I & II | 146 | 146 | Racine | J. Jeffers & Co. | |
The Granary | 73 | 73 | Union Grove | Sawall Development | |
Ajax | 141 | 141 | Racine | Cardinal Capital | |
The Residence at Dunham Grove | 183 | 63 | 120 | Union Grove | Pre/3 |
The Cornerstone | 84 | 84 | Waterford | Pre/3 | |
Seasons at Mount Pleasant, Phase I | 280 | 280 | Mount Pleasant | Fiduciary | |
Waters Edge | 175 | 175 | Caledonia | Cardinal Capital | |
Belle City Square, Phase III | 186 | 186 | Racine | J. Jeffers & Co | |
Porters Redevelopment | 141 | 141 | Racine | Cardinal Capital | |
Canopy Hills | 316 | 188 | 128 | Union Grove | Bear Development |
Regency Mall Homes | 280 | 280 | Racine | Hull Group | |
233 Lake Avenue Redevelopment | 200 | 200 | Racine | Hovde Properties | |
Waterford Lofts | 12 | 12 | Waterford | Wisconsin Redevelopment Group | |
Leo Living | 347 | 347 | Mount Pleasant | Advenir Oakley Capital | |
Pike River Crossing | 286 | 198 | 88 | Mount Pleasant | Bear Development |
Seasons at Mount Pleasant, Phase II | 201 | 201 | Mount Pleasant | Fiduciary | |
Tivoli Green, Phase II | 230 | 230 | Mount Pleasant | Wangard Partners | |
Totals | 3,636 | 796 | 2,840 |