204 N. 8th Street
Manitowoc, WI 54220
HISTORIC MANITOWOC PLACE
The Historic Manitowoc Place Apartments development is a $5.2 million historic rehabilitation of a vacant and neglected 8-story building (the former Evergreen Inn) located in Downtown Manitowoc, Wisconsin. It is a very significant building since it is one of the tallest buildings in Manitowoc and can be seen from most parts of the city.
Historic Manitowoc Place proposes to provide a combination of one and two bedroom apartment units with affordable rents ranging from $275 to $495. A total of 33 apartments, plus one on-site manager’s unit are being proposed for the second thru eighth floors. The two first floor commercial storefronts will also be renovated, providing opportunities for both quality housing and economic business development.
The development of this pivotal project will have a major impact in assisting the rebirth of Manitowoc’s Downtown. Many new developments and existing assets in the Downtown are already in place or currently under way.
PROJECT SUMMARY
WR Role: Developer
Owner: Manitowoc Place, LLC
Location: 204 N. 8th Street Manitowoc, WI 54220
Project Type:
Affordable Tax Credits
Historic Tax Credits
Mixed-Use
Residential:
33 Affordable Units
17 two bedrooms
16 one bedrooms
Commercial:
2 Units / 6,000 sf total
Total Cost: Est. $5.2 Million
Total SF: Approx. 65,000 sf
Proposed Features:
PROPERTY MANAGED BY
TEAM MANAGEMENT
www.teammanagement.net
920-686-7368
team@teammanagement.net