Rhythm apartment development to break ground around April 1

Rhythm, a seven-story 140-unit apartment development planned for the Lower East Side of Milwaukee, will begin construction around April 1, according to developer Tim Gokhman.

The building will be built at 1632-1640 N. Water St., a site formerly occupied by The Curve bar.

Gokhman and Jim Wiechmann are the developers for the project. They recently selected Catalyst Construction as the general contractor for the project. The architect is Kindness Architecture.

Financing for the project has been secured, Gokhman said.

Weve got the loan commitments, he said.

The first two floors of the building will have 120 interior parking spaces and amenities for the apartments, including a fitness center and club house with an outdoor terrace.

The apartments will be on the upper five floors. Rents will start in the low $1,200s. The apartments will be a mix of studios and one-bedroom units.

The finishes will bring a new standard of luxury to the Milwaukee apartment market, and each and every apartment will have a very generous balcony/terrace, Gokhman said.

Construction is expected to be complete in mid-2016, he said.

Rhythm will be built in one of the hottest neighborhoods in the region for apartment development. Across the street, Mandel Group is building the third phase of its North End development, which will have a 29,500-square-foot Fresh Thyme Farmers Market grocery store and 168 luxury apartments. Several other apartment projects have been built recently or are planned in the area.

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Rhythm apartment development to break ground around April 1