The historic Cudahy Lake School building could become a loft

0

Cudahy’s nearly century-old Lake School building could become loft-style apartments.

The city’s council voted in favor of amending the city’s comprehensive development plan and rezoning the property from single-family to multi-family residences at its August 16 meeting.

The building, sitting on about 0.44 acres at 3744 E. Ramsey Ave., was built in 1923, according to a Shorewest Registration. It was first used as a school, then redeveloped by the school district into offices before being sold in the 1980s as a single-family home.

The asking price is $390,900.

Cudahy Lake School Lofts, LLC is the petitioner seeking to convert the interior into eight loft-style apartments at market price. The plaintiff, Joshua Neudorfer, is director of business development and principal consultant at The Sigma Groupa Milwaukee-based civil and environmental engineering firm, according to its LinkedIn page.

The concept, tentatively titled “Lake School Lofts,” includes one two-bedroom unit, four one-bedroom units with a den, and three one-bedroom units. One of the units could have a bedroom on the second floor. Rents should be between $1,500 and $2,000 per month.

“The building is uniquely configured for adaptive reuse in stylish apartments with high ceilings up to 12 feet and will provide airy, loft-style rental units,” the project summary states. “Large windows that span eight feet in height exist in five of the eight units. Hardwood floors abound.

There are no plans for building additions or additional structures on the property. For parking, the land once offered 14 spaces, but at some point between 2005 and 2010 some of the asphalt was removed, leaving between eight and 10 smaller spaces. City code says nine stalls fit all eight units. Overflow and guest parking can be provided on the street, according to the project summary.

City staff note that the project will retain the look and feel of the historic building, but will significantly increase the assessed value.

The property had three single-family owners, including the current owner who has lived there since 2013. He invested 12,000 hours in renovating the building with most of the work done on the brick exterior, according to planning documents.

Neudorfer is buying the property, so the land sale must be finalized before he submits a final site plan for the project, City Administrator Casey Griffiths said.

Once this site plan is submitted, it will need to be approved by the plan commission.

After:You can own the 100-plus-year-old Sheridan Bed & Breakfast in Cudahy – for $2.3 million

After:Two local artists help the Cudahy Health Department create a welcoming and inclusive environment. Here’s how.

Contact Erik S. Hanley at [email protected]. Like his Facebook page and follow him on Twitter at @ES_Hanley.



Source link

Share.

Comments are closed.