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River Trail Commons cohousing project in Milwaukee outlines discounts, financing and utility constraints
Summary
The presenter described a 40‑unit cohousing project in Milwaukee’s Riverwest neighborhood (near Gordon Park) planned with a common house, deed‑restricted discounted units for first‑generation buyers, National Cooperative Bank financing prospects, and delays tied to utility relocation and a previously contaminated site.
A cohousing developer and consultant described details of River Trail Commons, a planned cohousing development in Milwaukee’s Riverwest neighborhood, and told Shorewood officials that the project uses a mix of discounts, deed restrictions and potential municipal tools to keep some homes perpetually more affordable.
Project description: The presenter said the project site is near Gordon Park on Locust and Humboldt in Riverwest and covers roughly 1.4 acres. The design described during the workshop calls for about 40 homes, a large common house connected to the main building, underground parking with 21 deeded parking spaces, and shared amenities such as guest rooms, a workshop, bike repair and a large playroom. The presenter described the buildings as “solar ready” with grid infrastructure set for future EV chargers but said…
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