MILWAUKEE—HSA Commercial Real Estate and Fiduciary Real Estate Development have just come to an agreement to develop up to 1,050 luxury residences in Wauwatosa, a western suburb of Milwaukee. The targeted area, located just off of Highway 45 at Burleigh St., was once dominated by aging, obsolete warehouses, but the Chicago-based HSA has been transforming these structures into the upscale Mayfair Collection shopping center. The first phase of the 400,000-square-foot renovation was completed last April, and the addition of luxury residences will help make the area into a true neighborhood.

“It's exciting to see the vision Wauwatosa had for this area 15 years ago became a reality," says Wauwatosa Mayor Kathy Ehley. "The continued growth around the Mayfair Collection is a good fit for our city and adds many options for housing, transit, employment and entertainment.”

“We have always shared the vision with the City of Wauwatosa to transform this once lifeless industrial warehouse complex into a vibrant, mixed-use district,” says Timothy Blum, HSA's executive vice president of retail development. “Having best-in-class retailers like Nordstrom Rack and Whole Foods Market at the Mayfair Collection has helped us to advance that goal, but the luxury apartments by Fiduciary will make it a reality.”