Monroe Street project could replace bank

Urban Land Interests is proposing a five-story, mixed-use building for Monroe Street that would replace the Associated Bank building and bring at least four retail spaces to the street-level.

Plans call for 68 apartments (one, two, and three-bedroom) and 16,000 square feet of retail space. Underground parking would accommodate 68 vehicles.

Associated Bank is planning to relocate to a smaller space in a different development currently underway across the street.

ULI is working with the Dudgeon-Monroe Neighborhood Association on details, and the Monroe Street Merchants Association is optimistic about the plan, according to the Wisconsin State Journal.

Road construction to improve Monroe Street was already scheduled to begin in 2018, and ULI is hoping to break ground at the same time and open in the summer of 2019.