HKS Holdings has until October to pull building permits for 177 planned West Bend apartments under an agreement city officials approved to provide up to $5.4 million in city financial support.
HKS Holdings is partnering with the city for the new market-rate apartments in two buildings at North Main and West Washington streets. Plans also call for a corner restaurant space with outdoor seating.
The buildings would come online at least by mid 2023, according to a development agreement West Bend’s Common Council approved Monday. The new apartments would activate a former brewery property that has been vacant or underused for decades. The city would use property taxes both as incentives to Milwaukee-based HKS Holdings, and for other infrastructure work in the downtown West Bend area intended to support ongoing efforts to attract and retain businesses.
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