By Tom Daykin of the Journal Sentinel
A long-delayed plan to build apartments in downtown’s Park East area is undergoing a change in developers.
St. Paul-based CommonBond Communities has agreed to buy a portion of the site, bordered by N. Milwaukee, N. Jefferson and E. Lyon streets and E. Ogden Ave., from an investment group led by Chicago developer Rich Curto.
CommonBond plans to build a five-story building, with 87 apartments and street-level retail space, said Joe Schwenker, spokesman for the developer. Curto would own the retail space, totaling 11,000 square feet, Schwenker said.