Case Study: Milltown Residences

Project Financial Information

2019 Assessed Value: 2019 Real Estate Taxes:

$0 $0

$17,411,186 TOTAL PROJECT COST:

2022 Assessed Value (Stabilization): 2022 Current Real Estate Taxes:

$9,828,200 $163,724.97 $163,724.97

Increment Created:

*The above numbers are based on the economics prior to breaking ground for construction.

Number of Residences: Number of Bedrooms: Number of Parking Spaces:

84

164 199

• Garage/Enclosed:

91

• Surface (including on-street):

108

Project Timeline

2020

2021

March

August

RFP Accepted

Plan Commission

RFP Due January

Building One Occupancy June

Building 4 Occupancy December

Rezoning May-July

Development Agreement Completed Ground Breaking October

About Three Sixty The Three Sixty vision is to plan, develop and manage projects that will positively impact the communities as a whole - by stimulating growth and improving the lives of the people throughout the neighborhoods we serve. Three Sixty Real Estate Solutions is a vertically integrated, full-service real estate company with a community first mindset, only embarking on projects that will positively impact the community, the neighborhood, the customer and our team. Our expertise of the multi-family industry, from construction to management, allows us to yield long-term investment and catalyze growth by creating a sense of place that strengthens the neighborhoods. Our name is derived from the full circle of services we provide and our commitment to a project from start to finish. We have grown to be a successful, full-service real estate company because of the years of diligent and successful planning, developing and managing of all of our properties. We serve our customers at a level that exceeds industry standards and we provide quality outcomes for all partners.

Contact us: 608-782-7368 Development@threesixty.bz 1243 Badger St. La Crosse, WI 54601

www.threesixty.bz

Great River Residences Case Study 4

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