Chicago-based BK Development, LLC plans to transform the historic Lindsay and Walsh warehouse buildings near Milwaukee’s Walker’s Point neighborhood into 182 apartments.
According to building permits filed with the city, 118 units would be added to the Lindsay Bros. Building (126 S. Second St.) and 64 units would be added to the adjacent F.A. Walsh and Co. Building at (160 S. 2nd St.) Both buildings were constructed in the 1890s and together amount to nearly 354,000 square feet of space.
This will be Ayman Khalil and Steve Blonsky’s first project in Milwaukee. Their firm BK Development is an affiliate of Khalil’s Icon Capital LLC and Blonsky’s Vanguard Development LLC.
“We were looking for a different market to get involved with and every time we went up to Milwaukee we were so impressed with the building stock and the vibrancy of the city, we thought it was time to jump in the pool,” said Khalil in an interview Tuesday with BizTimes Milwaukee.
They were drawn to the site specifically for its prime location near the Historic Third Ward, downtown, and a stop along The Hop streetcar route.
The project aims to restore the historic features of the buildings’ exterior, such as the windows. Once complete, it will have a mix of one-, two- and three-bedroom units; the Walsh building will feature amenities including a business center, fitness center, club room, and rooftop deck. Mark Ernst and Eric Huberty of Milwaukee-based Engberg Anderson Architects will serve as principal architects on the project.
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