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The Apiary
In The Pipeline

The Apiary

The Apiary is a hive-like home humming with modern luxury and natural levity. For its first fifty years in existence, West Allis was christened Honey Creek Settlement, named after the honeybees found in the fruit trees lining the creek’s bank. Since its inception, the area has been known for industriousness resembling that of a busy worker bee, maintaining a proud work ethic and small-town experience while enjoying access to big-city comforts.

Apartment living at The Apiary epitomizes suburban ease in a community abuzz with urban activity. This multifamily complex joyfully juxtaposes organic elements with sophisticated features throughout the development, contrasting a clean and colorful interior with a modern and industrial exterior. Contemporary clubroom and courtyard amenities connect indoor and outdoor common spaces to create a dynamic design dichotomy, reflected inside and out. The Apiary’s nuanced interplay of bright, minimalist interiors and sharper architecture is an expression of the open environment and diverse community we intend to cultivate.

BEST BUILDING

The Apiary is an iconic gateway building designed by AG Architects. The building is highly-amenitized and professionally managed. Community amenities include a clubroom, sports lounge with golf simulator, outdoor pool and programmed courtyard, fitness center and expansive roof deck. Townhome style walk-up units along 70th Street activate the ground level.

PROVEN SUBMARKET

West Allis has proven to be a strong submarket for multifamily apartments, evidenced by the solid performance of recent deliveries. New development has boasted occupancy rates above 95% and 4-5% historic annual rent growth. The strong performance reflects the area’s high demand and appeal. This track record underscores the submarket’s reliability and attractiveness, drive by its strategic location, growing local amenities, and solid employment.

WALKABLE

The Apiary is the best location in the submarket offering walkability to food and beverage and recreational amenities (Camino, Double B’s MKE Style BBQ, Perspective Brewing, West Allis Farmers Market, Hank Aaron Trail).

OPPORTUNITY ZONE

The Apiary is located within an opportunity zone. As a result, equity investors may be able to take advantage of the federal tax program allowing certain investors to defer gains on the sale of appreciated assets and a reduction in the amount gains taxed.

Development Details

1070 S 70th St
West Allis, WI

+/- 4.5 acres

Program Statement

248 Units

Groundbreaking

4Q2024