Saturday, August 28, 2010

Fiduciary plans $20 million condo project in Falls - Minneapolis / St. Paul Business Journal:

http://www.sxfans.net/2000/logs/contests.html
The village Plan Commission earlier this montn approved the Milwaukeedevelopment firm’s request to builcd up to 19, four-unit condo buildings at Lisbohn and One Mile roads, said Matt Carran, village directore of community development. The village Boarc of Trustees will review on June 9 thePlan Commission’a recommendation for new Fiduciary Villas condos that will cost an average of Fiduciary Real Estate owns and managesd more than 4,200 apartmeny units in Wisconsin worth more than $350 The company also has convertexd more than $100 million worth of apartments into The company and its real estatee sales partner, , owned by Rick Ruvin, convertecd The Blatz Apartments and Landmark on the Lake into Fiduciary also owns the 74-unity Kilbourn Tower at the corner of Northy Prospect and East Kilbourn avenues.
Fiduciaruy estimates it has sold more than 600 condoe in the pastfive years. Fiduciargy Real Estate and of Menomonese Falls have delayed plans to builda big-box-anchorex shopping center at the intersection of Marcy Road and Silvefr Spring Drive in southwest Menomonee Falls about a mile north of the Villaz condos. The two companies were planning ona 200,000- to 250,000-square-foot shopping but lack of tenants prompteds the developers to delay the project. Otherd reasons for delaying the project includedx the down economy and tight according to Fiduciary spokesmanCraig Raddatz.
Fiduciaru executives were unavailable to discussthe company’as financing plan for the proposed condominium project in Menomonee The company also has developed single-family home subdivisionse in Germantown, Franklin and

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