Mandel Group’s Market at Six Points development proposal in West Allis is advancing through the city’s approval process and is slated to begin this fall with nearly 50,000 square feet of retail development.
Mandel’s project was selected by city officials in February as the winning bid in a request for proposals process for the site in the city’s Six Points neighborhood.
The project was chosen, in part, because it heavily incorporates West Allis’ renowned farmers market, and the Milwaukee-based developer is currently in negotiations with several food-related tenants for the $65 million project.
Those tenants will include a 23,430-square-foot specialty grocer, two restaurants of 6,250 square feet and 4,500 square feet, 14,530-square feet of companion food-focused retail and a tavern.
Mandel is also planning to build a 2,495-square-foot free-standing, roofed kiosk on the site of the Farmer’s Market that can be used year round.
The kiosk is garnering interest from several active Milwaukee area coffee purveyors and café operators, said Ian Martin, vice president of development with Mandel Group.
The company has hired The Boerke Company, led by Mike Keane, Nathan Powers and Kristian Sydow, as its leasing agent for retail and office portions of its development.
Phase two of The Market at Six Points, which will include more than 200 market-rate apartments in two three- to four-story structures and a two-story, 30,300-square-foot office building on vacant land between West National and West Greenfield avenues, east of South 66th Street (Six Points Crossing), will begin in early 2017.
The first phase of the project has received initial approvals from the West Allis Community Development Authority and plan commission to rezone the site and authorize conceptual architectural design.
Mandel Group and the city are also working on the details of a tax incremental financing district. The specifics of those details are not yet finalized, Martin said.
The City of West Allis has also engaged First Ring Industrial Redevelopment Enterprise to provide New Markets Tax Credits for eligible activities within the redevelopment project, including New Market Tax Credits to help pay for tenant expenses ranging from equipment and inventory to build-out and operating reserves.
