Mid-April groundbreaking planned for The Corners

By Katherine Michalets - Freeman Staff

March 23, 2015

TOWN OF BROOKFIELD - Despite a snowy day Monday, the developers of The Corners announced that it anticipates breaking ground for The Corners, a $200 million upscale retail and residential development, in mid-April.

Brookfield Corners, LLC, the joint venture formed between IM Properties, Bradford Real Estate and The Marcus Corporation, said in a Monday announcement that progress continues to be made on the site with demolition of the former Menards building and Marcus theater complete. In addition, all 19 acres of the site are under ownership of Brookfield Corners, LLC. The project will now move toward groundbreaking for mid-April, weather permitting, according to the announcement.

The Corners development is bordered by West Bluemound Road, North Barker Road and Interstate 94. Plans call for 400,000 square feet of retail and restaurant space anchored by Wisconsin’s first Von Maur Department Store, as well as 235 luxury apartments that will be managed by Milwaukee-based Mandel Group.

“We are very pleased with the continued progress in advancing this landmark project. This is a rare opportunity to develop such a prominent flagship site and the reception that we have received from the retail community is very encouraging," said Robert Gould, vice president of IM Properties and CEO of Brookfield Corners, LLC, in a statement.

Stay updated on progress at The Corners by visiting the Facebook page at  www.facebook.com/CornersBrookfield.

>>EARLIER: Marcus Corp likely to recoup costs, exit The Corners project