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\nWISCONSIN MULTIFAMILY
\nOctober 21, 2021<\/p>\n
\nWISCONSIN MULTIFAMILY
\nOctober 21, 2021<\/p>\n
![\"\"](\"https:\/\/cdngeneralcf.rentcafe.com\/\/dmslivecafe\/UploadedImages\/4bf1ca06-1abe-4f1f-b4d6-358c00ab0efb.jpg\")
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M&R Development has begun welcoming its first residents to Elevate, a 270-unit luxury apartment building at 5022 American Parkway in Madison, Wisconsin. Located about 20 minutes from downtown Madison, Elevate marks M&R’s second new apartment building to open in Wisconsin in 2021. This summer, the company delivered 42 Hundred On The Lake, a 236-unit Class-A apartment building on Lake Michigan in St. Francis, Wisconsin, just five miles south of downtown Milwaukee.<\/p>\n
A four-story building, Elevate offers one- and two-bedroom apartments with one to two baths measuring 590 to 1,254 square feet. Rents range from $1,205 to $3,199 and include upscale interior unit finishes and resort-style amenities that have appealed to students, professionals, young families and empty nesters looking for a stylish and maintenance-free home. In less than two months, phase one of Elevate is already 27 percent leased and more than 23 percent occupied.<\/p>\n
All homes at Elevate feature kitchens with white quartz counters, tiled backsplash and modern cabinetry; cultured marble bathroom sinks with an integral wave bowl and subway tile design for the tub and shower surrounds; Ecobee smart thermostats; 9-foot ceilings; and full-size washers and dryers. Most apartments have balconies, while select units include walk-in closets. Residents also have access to underground, heated parking and storage lockers.<\/p>\n
The centerpiece of the community is a two-story clubhouse, complete with an outdoor pool, grilling stations, fire pit and lounge seating. Inside, the clubhouse includes an entertainment kitchen; 24-hour coffee bar; state-of-the-art fitness center with cardio and weights; fitness studio\/yoga room featuring on-demand programs; business center with private conference rooms and work stations; a pet washing station with grooming table and dryer; and a self-service package room with 24-hour access. An activity courtyard, which will feature a grilling station, bocce ball and bean bag courts, fire pit and table tennis, is located at ground level adjacent to the clubhouse.<\/p>\n
Two decorated models are available for touring – a 632-square-foot one-bedroom design and a 1,057-square-foot two-bedroom floor plan.<\/p>\n
Madison, Wisconsin-based Stevens Construction is serving as general contractor for Elevate with Midlothian, Virginia.-based Poole & Poole Architecture as the architect.<\/p>\n
M&R Development is co-developing Elevate with Campbell Capital Group, LLC, while RMK Management is overseeing leasing and property management.<\/p>\n","protected":false},"excerpt":{"rendered":"
WISCONSIN MULTIFAMILY October 21, 2021 M&R Development has begun welcoming its first residents to Elevate, a 270-unit luxury apartment building at 5022 American Parkway in Madison, Wisconsin. Located about 20 minutes from downtown Madison, Elevate marks M&R’s second new apartment building to open in Wisconsin in 2021. This summer, the company delivered 42 Hundred On… <\/p>\n