Condo development with 15 townhomes planned for downtown Milwaukee’s northern edge

A local developer wants to build 15 townhome-style condos on downtown Milwaukee’s northern edge.

Cirrus Property Group LLC is seeking a zoning change for the properties at 1524, 1540 and 1546 North Jefferson Street, according to a new Common Council file. The council could consider that ordinance in September.

Cirrus plans to build three-story, 2,000-square-foot townhomes on the site, said John Riordan, founder and chief executive officer.

The three-bedroom condos would include terraces as well as possible rooftop amenity space, Riordan told the Milwaukee Journal Sentinel.

Cirrus hopes to break ground by April, he said, with the condos taking eight to 10 months to construct. The listed sale prices haven’t yet been determined.

The firm hopes to take advantage of a lack of condo development in Milwaukee since the 2006 housing bubble burst, Riordan said.

“There’s really no supply there,” he said.

Condos within short walk of Fiserv Forum, other attractions

The site is attractive because it’s within walking distance of such attractions as East Brady Street and Fiserv Forum, as well as near a variety of downtown workplaces, Riordan said.

The proposal surfaces just over three weeks after the Historic Third Ward Architectural Review Board granted approval for architect and developer Peter Renner’s long-delayed plans to develop 13 three-story townhomes at 620 E. Summerfest Place (formerly known as East Polk Street).

Renner said construction might begin next spring.

The Jefferson Street development would replace a former child care center that would be demolished. A previous plan by Apacchi Capital to develop a three-story, 10,500-square-foot commercial building and four townhomes on that site was dropped in 2022.

Tom Daykin can be emailed at tdaykin@jrn.com and followed on Instagram, X and Facebook.