INSIDE LOOK AT CONSTRUCTION OF HUB13 OAK CREEK LUXURY APARTMENTS: SLIDESHOW

 By Sean Ryan  –  Reporter, Milwaukee Business Journal Link to Full Article
Feb 11, 2022, 10:30am EST
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The first of 300 apartments in the $63 million Hub13 development in Oak Creek are opening to residents this month, and the full project is already at 17% lease-up. See the construction in progress and some of the completed apartments in the attached slideshow.

Apartments are filling up quicker than expected for Jason Macklin, director of development for Wingspan Development Group. It’s also in keeping with faster lease-ups being seen for other new apartment developments in southern Milwaukee County, he said. Rents are favorable compared with downtown Milwaukee and the city’s near western suburbs, and there’s a lot of new jobs being created, he said.

“There are significant employers adding jobs throughout Kenosha and Racine counties, and we are a very attractive option for people working in those markets,” Macklin said.

Hub13 is between 13th Street and Interstate 94 north of Drexel Avenue. The development represents nine apartment buildings and a clubhouse. The clubhouse was completed in December, Macklin said, and a first building with 20 townhouse-style apartments with individual entrances opened to residents Feb. 5.

Another 20 apartments open in a building at the end of this month. Completion of all 300 apartments is expected by the fourth quarter of this year, Macklin said.

“We’ll be delivering about one building per month until the entire project is finished,” he said.

Wingspan is developing the Oak Creek apartments with Batson-Cook Development Co. of Atlanta. Wingspan has offices in Mount Prospect, Illinois, and Milwaukee.

Monthly rents in Oak Creek start at around $1,200 for a studio apartment and go up to $2,900 for three-bedroom units, Macklin said.

Wingspan affiliate company Nicholas & Associates is the lead contractor on Hub13. JLA Architects with offices in Milwaukee and Madison is the project architect. Financing for Hub13 was provided by First Merchants Bank.

Wingspan is separately developing 231 apartments in the Ruby at Brookfield Square project near the Waukesha County mall on North Moorland Road. Pre-leasing for the Brookfield project begins in late 2022, and the first move-ins will happen in the early second quarter of 2023, Macklin said.