Daily Newsletter

28 September 2023

Daily Newsletter

28 September 2023

Wangard breaks ground on second phase of Mount Pleasant project

Community collaboration between Wangard and local planning commissions assisted in the inception of the second phase.

Multifamily and industrial property developer Wangard Partners has started construction on phase two of its Tivoli Green Apartment Homes development in Mount Pleasant, Wisconsin, US.

The second phase of the project will be a part of Wangard’s 'successful' two-storey walk-up apartment buildings model.

It will be located roughly three miles east of Interstate 94 in Mount Pleasant and will feature nine class-A buildings with a total of 180 units.

It will feature 24 newly designed townhouses, each comprising a private, side-by-side two-car connected garage.

The project is expected to help meet the growing demand for housing in the community.

The development is said to be the first of its kind to be developed in Mount Pleasant in more than two decades.

Upon completion, the entire Tivoli Green community will consist of 458 housing units.

Wangard CEO Matt Moroney said: “This is a special time for the community of Mount Pleasant.

“The significant community growth in the greater Mount Pleasant area has only shown us the demand for a continuation of high-quality housing at Tivoli Green is something the community and local families deserves. Every family deserves to have a high-quality roof over their heads.”

JLA Architects, First American Bank, RaSmith, and Greenfire Management Services were chosen as project partners.

Second-phase construction was said to have been made possible with support from the Village of Mount Pleasant, Racine County Economic Construction, and planning commissions.

South-East Asia Construction Market Dynamics

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close