River District Back Parcel Development, "The Oaks of Shorewood"
Developer Sherman Associates out of Minneapolis MN contacted the Village of Shorewood in 2014 regarding a proposal to develop the privately-owned rear parcel in the River District located on the south side of Capitol Drive along the east side of the Milwaukee River. Sherman Associates is an award-winning development and property management firm. Over the past 35 years, they've focused on urban renewal and development.
The project is a 4-story, 100-unit senior residence with underground parking. The project will offer many building amenities, including but not limited to a: library, fireside lounge, business center, theater room, game room, fitness center, yoga studio, great room with community kitchen, outdoor swimming pool, and on-site leasing office.
Project Website
For more information or to add yourself to the interest list, please visit the project's website.
Contact Sherman Associates at (414) 214-9661 or by email.
Construction Schedule
September 2015 - raze existing warehouse
May 2017 - start excavation/footings/framing
Spring/Summer 2018 - complete construction
Fall 2018 - open for occupancy