Funding was just secured for a multi-generational living complex going up next to Mount Mary University, a women’s Catholic college in Milwaukee, Wisconsin. Senior Housing Partners, an affiliate of the not-for-profit Presbyterian Homes & Services, is developing the $45 million project in partnership with the School Sisters of Notre Dame (SSND), Milwaukee Catholic Home and the University. Work on the site is expected to begin in September, with opening tentatively planned for Fall 2021. What plans aren’t tentative these days?
The campus will include 52 private assisted living units for the sisters of SSND, 24 dormitory units for single mothers enrolled as students at Mount Mary and their young children under the age of 12, and 90 market rate independent living units. There will also be an early childhood education center for children from the campus and families in the surrounding area, a bistro, health clinic, salon, community room and other amenities. And all buildings will be connected by a town center designed to bring the generations together.
Minneapolis-based Northland Securities, First Business Bank of Madison and the Wisconsin Health and Education Facilities Authority provided the financing for the project.
