Brewery Point Real Estate Case Study
New Construction
CommonBond developed the first senior community in Milwaukee’s Pabst Brewery redevelopment area, which has become the city’s newest sustainable historic neighborhood. The redevelopment of the former Pabst Brewery Company includes two major university centers, offices, apartments, a hotel, and restaurants. Brewery Point provides seniors aged 55 and older with affordable homes in the central business district of this thriving neighborhood, with panoramic views of downtown Milwaukee, in a supportive community setting.
The building was designed to incorporate universal design principles, and an Advantage Services Coordinator helps connect residents with community resources such as assistive technology and transportation and supports with the move-in process and transition. A computer lab with internet and staff assistance is available for resident use, and health and wellness programs are also offered.
Development Partners
- Housing Partnership Network
- Illinois Facilities Fund
- Federal Home Loan Bank
- Wells Fargo
- Wisconsin Housing and Economic Development Authority
Financing Tools
- Wells Fargo Tax Credit Equity
- IFF First Mortgage
- Housing Partnership Network
- Federal Home Loan Bank
- Deferred Developer Fee