Newsroom
Partners Announce the Start of Breakwater 233 with Groundbreaking Ceremony
Hovde Properties along with partners from the City of Racine, Johnson Financial Group, C.G. Schmidt Construction, and Kahler Slater Architects gathered on Friday to host a ceremonial groundbreaking for Breakwater 233. Breakwater 233 is a $40+ million redevelopment of Racine’s 233 Lake Avenue and will introduce over 200 market-rate apartments Read More »
City of Racine Approves Additional Funding for Harbor-Front Development
The City Council has unanimously agreed to increase the developer’s incentive for the long-discussed apartment buildings on Lake Avenue in Racine. The agreement provides an additional $3.5 million for constructing a 202-unit, market-rate apartment building at 233 Lake Ave. Downtown Racine’s First New Construction Project in Over 20 Years The Read More »
Community Oral & Maxillofacial Surgery Now Located in Brix Apartment Lofts
Community Oral & Maxillofacial Surgery has opened its new location in Brix Apartment Lofts on the first floor located at 408 W. Florida St., Suite 105. Surgeon Ruba Khader and her team provide treatments such as dental implants, bone grafting, tooth extractions, orthognathic surgery, and other procedures. Community Oral & Read More »
Hovde Properties Plans $40 Million Downtown Racine Project with Hotel & Apartments
Hovde Properties plans a more than $40 million apartment and hotel development on Racine’s waterfront on land where city officials in 2017 had envisioned a conference center. The project at 233 Lake Ave. would have two market-rate apartment buildings standing up to five stories tall, and a hotel with about Read More »
The Hovde Foundation Expands Its Impact To Honduras
The Eric D. Hovde and Steve D. Hovde Foundation (Hovde Foundation) just opened its tenth Hovde House in partnership with Legacy of Hope in Santa Rosa de Copán, Honduras this February. Madison, WI – February 28, 2019 – Two remodeled buildings make up the new Hovde House in Santa Rosa Read More »
New Walker’s Point apartments near Reed Street Yards reach 95 percent occupancy
The Brix Lofts Apartments building in Milwaukee’s Walker’s Point neighborhood has reached 95 percent occupancy four months after opening this summer. That lease-up of the 98-unit building is another reflection of the strong downtown apartment market, and attractiveness of Walker’s Point. Brix is a former industrial building previously used to manufacture candy bars at 408 W. Florida St. It is south of the Reed Street Yards water technology business park, and next to the Iron Horse Hotel. Contractors recently completed a parking structure between the Brix and Iron Horse, said Dustin Sydorowicz, property manager at Siegel-Gallagher Management Co.
AOMA Of Wisconsin Announces Ovation as TOBY High-Rise Building of the Year
MILWAUKEE, WI – The Apartment Owners & Managers Association of Wisconsin (AOMA) announced the AOMA winners of The Office Building of the Year (TOBY) & Apartment Awards and installed the Officers and Directors for 2015-2016 at a banquet on Tuesday, September 15th at the Blue Mound Country Club, and Ovation 309, managed by Amy Knous and Siegel Gallagher, took home the award for 2015 High Rise Building of the Year.
Madison considers $2 million TIF loan for AT&T building remodeling
Madison is considering a $2 million investment in a $29.2 million face-lift and renovation of the massive AT&T building Downtown. Hovde Properties, which acquired the 10-story building, intends to add glass and windows to the facade to modernize and bring more light into the cream-colored, stone-paneled structure at 316 W. Washington Ave. Hovde also wants to add fire sprinklers to floors six through 10, improve elevators, deal with asbestos, renovate the interior to create space for future tenants, redo the front entrance plaza and side entrance, and upgrade landscaping.
Craft beer bar slated for Ovation 309 building
Mr. Brews Taphouse, a combination craft beer bar and restaurant, will be part of the Ovation 309 building that’s currently under construction on West Johnson Street. The 4,000-square-foot location will also serve as a showcase property for those interested in starting franchises elsewhere. It will offer 72 tap beers from around the world and feature fireplaces and backgammon boards.
Topping‐off Ceremony for Ovation 309
MADISON – Downtown Madison continues to be a dynamic hub for living, business, and entertainment. That being said, a significant milestone will be taking place to mark the construction of what will be one of the City’s most notable landmarks. In collaboration with Hovde Properties and Eppstein Uhen Architects, Findorff will be celebrating the topping‐off of Ovation 309 as construction crews recently poured the building’s 14th floor.
