Bear Development’s latest Kenosha projects include senior housing, single-family subdivision


Bear Development’s latest Kenosha projects include senior housing, single-family subdivision


Could receive $5.35 million from city

Bear Development plans to complete a largely undeveloped Kenosha single-family subdivision and at a neighboring site develop 111 units of multi-generational housing.

The city may provide $5.35 million to assist in the development of these residential projects.

Kenosha-based Bear is proposing the two projects at sites located south of Washington Road, between 32nd and 39th avenues.

Specifically, the multi-family buildings would be constructed on sites located on either side of 40th Street, just east of 35th Avenue and directly behind the former United Auto Workers Local 72 union hall. Bear acquired the union hall this summer for $1.1 million. The subdivision, meanwhile, is located between 32nd and 35th avenues.

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Ken Notes: They dis not mention the total value of the project but the idea of bringing this into an existing residential development is a great idea. TIf is a great way for a community to foster the development it wants and if there is a good development agreement in place guaranteeing value this should be win win.

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- - Volume: 7 - WEEK: 50 Date: 12/12/2019 4:23:35 PM -