Vanguard Group to convert Germania Building into apartment homes

Freeman Staff

Oct. 8, 2014

MILWAUKEE - The Vangard Group has announced it will convert the historic Germania Building, 135 W. Wells St., into apartment homes with street-level commercial space.

Vangard was named a recipient of the 2014 High Impact Project Reserve and awarded $8.1 million in reserve tax credits by the Wisconsin Housing and Economic Development Authority for the project, according to a company release.

“As part of the city’s comprehensive plan to bring more housing to the downtown community, we are confident this project has the catalytic impact to spur future development and will create jobs for this community,” Vangard President Kalan Haywood said.

Vangard says it will honor the legacy of the Germania Building, once the largest publisher of German-language newspapers in the nation. Haywood believes that high-level of recognition can be discovered again.

“This can be the template for other cities on how to recharge and revive downtown areas,” he said. "This is the heart of downtown. We can create spaces so people can live, work and play."   

Construction on the 18-month project is expected to begin in January and create 73 construction jobs, according to a release.