Copper Rocks Executive Summary

OUR SOLUTION

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Revitalizing the Neighborhood

Accessible Housing and Diverse Spaces

Sustainable and Accessible Living

Copper Rocks will transform an underutilized site into a vibrant, multi-functional hub that revitalizes the community while addressing local needs, bringing new life to the Bluffside neighborhood.

With 247 housing units ranging from studios to three-bedroom apartments, plus 20,000 square feet of community and commercial space, Copper Rocks will provide inclusive housing options and create retail and gathering spaces that connect residents and businesses.

Designed with walkways, bike paths, and proximity to public transit, Copper Rocks supports a lifestyle focused on accessibility, health, and sustainability, offering an inviting place for residents, businesses, and visitors to gather, shop, live, and celebrate for generations.

MARKET ANALYSIS

Copper Rocks is positioned as market-rate, workforce housing designed to serve residents earning 60%-120% of the Area Median Income (AMI), accommodating individuals and families with varied income levels and backgrounds. Based on the 2022 AMI for La Crosse County of $68,731, the development will target residents who can allocate 35% of their income toward housing. This approach will provide accessible housing options aligning with La Crosse’s commitment to market-rate, workforce-friendly housing as outlined in the city’s Comprehensive Plan.

To ensure the project’s financial viability, Copper Rocks seeks necessary public funding and private investment to bridge the $60 million project cost, aiming for an 8-10% yield on cost return to position Copper Rocks as a sustainable investment. FINANCIAL HIGHLIGHTS

OBJECTIVES

Development for Copper Rocks will proceed in phases, beginning with demolition in the second quarter of 2025, followed by the construction of townhomes and the first mixed-use building in Phase One, with the final mixed-use building expected by the third quarter of 2026. This phased approach allows flexibility to expand with an additional structure as community demand grows.

1243 Badger St. La Crosse, WI 54601 www.threesixty.bz Call: 608-782-7368 Email: development@threesixty.bz

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