On Wednesday, September 19, 2019, Cardinal Capital Management, Inc. and partner Treysta Group, joined local officials, investors and the community to celebrate the groundbreaking of Dwell at Middleton Market, a mixed-use development with 263 apartments and 31,000 square feet of commercial space.
Dwell at Middleton Market is the result of a unique partnership between Cardinal Capital Management and Treysta Group. "We have worked with Robin Pharo for more than a decade. We were impressed by her vision for Dwell at Middleton Market and glad to join together with her and Treysta to bring this project to life. Dwell at Middleton Market will be a unique, positive housing addition to Middleton,” said Erich Schwenker, president of Cardinal Capital Management.
One of the project’s highlights is the European-style Food Hall and Market. The Market will feature a series of stalls and shops offering high quality, chef-driven prepared foods, make-at-home food supplies and other related products with a wide range of diversity.
The apartments consist of a mix of one-, two- and three- bedroom apartments that will feature smart home and sustainable amenities. “The whole projects will embrace green amenities including a Solar Photovoltaics, electric vehicle charging stations, rainwater harvesting and on-site composting. The apartments will also focus on energy efficient lighting, heating, and water fixtures as well as feature "smart" technologies including keyless entry, light controls and more,” said Robin Pharo, president of Treysta Group.
Dwell at Middleton Market will address several City of Middleton goals set to include sustainable use, economic development and creation of housing. The development is orientated to both Laura and Lisa Lanes will substantially improve the experience in the neighborhood. New retail tenants and the Market along Lisa Lane will bring new energy and improved amenities to what is currently an underdeveloped block.
With the support of the City of Middleton in the form of TIF, coupled with Capital Partners ORIX Real Estate Holdings, LLC, Starion Bank, Developer Equity and Crowdfunded Equity through CrowdStreet, this development became a reality. It took a collaborative and cooperative effort from all parties to complete the Capital Stack and we are most appreciative.
The architects are Abacus Architects. Cardinal Capital Management is the General Contractor. The first of the two buildings including the Food Hall and Market is scheduled to open the summer of 2020, with the second building being completed by spring 2021.