CityDeck Landing apartments has a new owner with big plans to build out the vacant shop space on the ground floor and attract more young professionals to downtown Green Bay, Wisconsin.
Sean Daily of Kildeer, Illinois, paid $16 million in October to buy the 76-unit luxury apartments at 401 N. Washington St. from T. Wall Enterprises Management, which is based in Middleton, Wisconsin.
Daily’s plans to open the Waterfront Market and Anchor Coffee shop next door persuaded a panel of real estate professionals familiar with the market to judge the deal worthy of a 2023 CoStar Impact Award.
About the project: The apartment complex was built in 2015. It has a mix of studio, one-, two- and three-bedroom units with high ceilings and open floor plans. The apartments each have washers and dryers, private balconies and large closets, and the property has a large outdoor terrace for grilling and socializing around the fire pit.
The property also has a fitness room, complimentary coffee bar and heated underground parking. Renter perks include a game room with pool table, darts, library, theater and even dry cleaning services for residents.
What the judges said: “It sounds like new ownership has ambitious plans to rejuvenate the commercial spaces contained in this building, which have been vacant for some time,” said Adam Meyers, senior commercial real estate advisor with NAI Pfefferle. “This will also provide amenities for the residential tenants as well as others that work and recreate in downtown Green Bay.”
CityDeck Landing is a development that attracts young talent to the downtown, further sparking other economic activity, added Barb LaMue, CEO of New North, a regional economic development corporation representing 18 counties in northeast Wisconsin.
They made it happen: CityDeck Landing’s property manager Christie Barlament and owner Sean Dailey are working on the improvement project.