Moderne high-rise loan guarantee wins final OK, work to begin soon
By Tom Daykin of the Journal Sentinel
Aug. 27, 2010 1:10 p.m.
The final approval for a federal loan guarantee to finance the planned downtown Moderne apartment high-rise has just been granted by the U.S. Department of Housing and Urban Development, an agency spokeswoman told me Friday afternoon.
That approval paves the way for developer Rick Barrett to begin building the Moderne, which will have 203 apartments and 14 condos at the southwest corner of W. Juneau Ave. and N. Old World 3rd St. It will be among the largest construction projects currently happening in the Milwaukee area.
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