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Milwaukee nonprofit to relocate into vacant building

A Wisconsin nonprofit is consolidating its offices into one central location.

A Wisconsin nonprofit is consolidating its offices into one central location.

The Milwaukee-based nonprofit Community Associates will soon be taking the first step in its relocation process, as it works to convert a vacant warehouse into the organization's new headquarters building, the Journal Sentinel reports.

A previous investment group had bought the building with the intention of turning it into condominiums, but the project never got off the ground. As the paper reports, the new building will allow the organization to consolidate it's main office and three smaller locations into one central building.

Construction on the building - which the paper reports has been vacant for more than a decade - is set to begin next month and should be completed by December, after which the nonprofit will begin its moving process. Once the project is completed, the new building will hold approximately 110 employees.

To help finance the project, the city is considering issuing bonds, which the nonprofit would be required to repay the $2.65 million the project is estimated to cost.

Overall, the area is seeing an increase in companies moving into office space in the city. Research from Inland Cos found that the Milwaukee-area office market recently showed its sixth-consecutive quarter of growth.ADNFCR-3450-ID-19926748-ADNFCR