Construction begins on first building of 9-block downtown Kenosha redevelopment
Construction has begun on the first of several buildings planned in downtown Kenosha as part of a nine-block redevelopment effort known as the Kenosha Harbor District.
Leaders from Milwaukee-based Cobalt Partners and Fond du Lac-based C.D. Smith, as well as the City of Kenosha, marked the milestone with a groundbreaking ceremony Thursday for a 158-unit, five-story building at 5506 7th Ave.
The project kicks off what will be upwards of a $450 million project to redevelop an underutilized part of downtown Kenosha.
“We got a blank canvas between the southern and northern portion of downtown, and it’s a great opportunity to redefine the future of Kenosha,” said Scott Yauck, president and CEO of Cobalt Partners.
Fitting with the nautical theme of the project, the market rate apartment building will be known as the Karrick. Carrick is a nautical term for a type of knot, and the development team traded the first letter for a K to alliterate with Kenosha.
“It captures the strength inherent in the nautical knot,” Yauck explained. “The knot symbolizes connectivity and reflects the building’s pivotal role to transform downtown Kenosha. It’s a connection point between the north and the south, between public and private partnership, people and businesses coming together in a central place.”
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