Description

Jones Lang LaSalle Americas, Inc. ("JLL"), is pleased to present the exclusive opportunity to acquire the Rock Ridge Development Site, a fully entitled, shovel-ready multifamily development site located on Pleasant View Road in Middleton, Wisconsin (the "Property"). Spanning 5.08 acres, the site is approved for a high-density project featuring three 8-story residential buildings.

Significant work has been completed to receive approval from the City of Middleton. Included in this opportunity are detailed architectural renderings, site plans, and engineering documents. The approved plans call for a total of 371 dwelling units across a thoughtful mix of studio, one-bedroom, and two-bedroom layouts.

Rock Ridge benefits from immediate access to Greenway Station's retail and office space. The development is elevated relative to neighboring properties and will enjoy great site lines to the West in perpetuity given the neighboring uses of a golf course and quarry. This offering represents a premier opportunity for a developer to acquire a de-risked, large-scale residential project in a desirable and growing suburban market.

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