Milwaukee developer Ariam Kesete, isn’t afraid of the challenges that a neighborhood has. Kesete is going head on with a renovation project that will restore a two-story 9,060 square-foot building at 3821-3825 W. North Ave.
“That neighborhood used to have so much life,” said Kesete. “I’m trying to bring back development and make it a hub.”
The Milwaukee Journal Sentinel reports
Kesete, who operates AK Development LLC, will buy it for $7,500 and spend around $285,000 renovating the building under a proposal recommended for approval by the Common Council’s Zoning, Neighborhoods and Development Committee. The full council will review the proposal at its Tuesday meeting.
Kesete plans to renovate the first-floor commercial space for her firm’s office and a possible retail use.
She also plans to renovate seven one-bedroom apartments on the second floor.
The renovated apartments will include appliances, new kitchen and bathroom fixtures, new carpeting, walk-in closets and new flooring, according to a Department of City Development report.
The units will have monthly rents of around $600 to $650, the report said.
Kesete also plans to renovate the building’s exterior, with tuckpointing, painting and new windows, lighting and signs.
Her plans drew praise from zoning committee members, including Ald. Russell Stamper.
For more information on Kesete’s development, visit Milwaukee Journal Sentinel.