Green Street Development broke ground on a 17.5 acre site containing the Van Der Vaart Concrete Company (once known as the Oscar Zimbal Brick Co.) building in Sheboygan, WI to redevelop into a high-density, mixed-use development at the eastern side of the City named “The Oscar”. The site will consist of 240 apartments, a new Kwik Trip and a 1.5 acre lot that is a redevelopment opportunity yet to be identified.
History in the Making
The Oscar is the largest known housing development in the City of Sheboygan and Green Street’s largest multi-family project to date. Consistent with Green Street’s track-record of award-winning urban projects, the intention for the overall development is to provide a neighborhood-like feel while integrating distinctive architectural features to establish an exceptional community.
Class A Treatment
The Oscar will provide a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments across three buildings, and will include underground, temperature controlled and secured parking.
The Oscar is a workforce housing development and will offer all of the top amenities and features that are expected in a new Class A residential community but with a discount to other new apartments in town.
Partners in Progress
The first phase is planned to open in September 2021. Project partners include ARCO Construction (general contractor), Rosemann and Associates (architect), and Stock and Associates (project engineer). Colliers International is providing the construction loan and BMO Harris is participating as an equity partner.
"Green Street and our community partners share a vision to transform this site into its highest and best use, creating a unique sense of place while continuing to support local industry”.
Project In Numbers
1440 S 16th St, Sheboygan, WI
completed
UCBC
Urban Chestnut Grove Brewery and Bierhall, Manchester Avenue, Saint Louis, MO, United States