Brookfield developer Pre/3 to start on $8.4M apartment project in Waterford
Brookfield real estate developer Pre/3 broke ground Friday for its planned 84-unit, $8.4 million apartment complex in Waterford, the first of seven development projects approved by the Racine County village that will bring an estimated $24 million investment to the community through tax financing.
The apartment complex, to be called The Cornerstone, will consist of seven buildings offering 84 two-bedroom, two-bathroom units spanning 1,150 square feet. The units will have private entries, attached garages and individual furnaces.
The project, located east of Highway 164, on Cornerstone Crossing, is slated to be completed in November 2020.