POSTED ON JANUARY 24th, 2008
First Park East ribbon-cutting
City’s FlatIron project complete
Milwaukee Mayor Tom Barrett and Alderman Michael D’Amato led a
ribbon-cutting ceremony to celebrate
completion of the first building to rise
in the Park East corridor on lands
sold by local government. Constructed
by Legacy Real Estate Development, LLC,
The Flatiron, is a six-story building
combining 38 condominiums with retail
space. This iconic building stands as an energetic gateway to the entire Park East redevelopment corridor
Mayor Tom Barrett, Alderman Michael D’Amato,
Rod Engel and Kalan Haywood of Vangard
Development cut the ribbon to open the FlatIron.
“This $10 million development will add vitality to the Park East gateway as it adds to Milwaukee’s tax base,” said Mayor Tom Barrett. “I remain bullish on the Park East. More than $800 million in projects are underway or proposed for sites throughout this area. The opening of the FlatIron is yet another step in transforming this underused land into a thriving neighborhood.”
“Today is a very exciting day for the City of
Milwaukee, for those on our development team,
and for all of the buyers who have chosen to
make The Flatiron their home,” says Rod Engel
of Legacy Real Estate Development, LLC. “The
City of Milwaukee handled this development
brilliantly. An ad from Mayor Barrett challenged developers to have fun with this important site
. The result of a group of efforts is what you see
before you today, which is an outstanding
building that acts as the gateway to the Park East,” continued Rod.
A view of the transforming northern gateway
to the Park East, from the inside of the FlatIron.
For more details on Park East redevelopment, visit the Park East website.
For more details on The Flatiron, visit http://www.theFlatironCondos.com.