Green Bay’s east side just got a significant upgrade with the opening of Bay City Lofts, a $15 million affordable housing development from Gorman & Company. Located at 2510 University Avenue, Bay City Lofts offers 48 apartments, most reserved for families earning 30-60% of the area’s median income.
Bay City Lofts offers modern, market-rate amenities at affordable prices, empowering residents to feel proud of the place they call home.
All Bay City Lofts units have:
- energy-efficient appliances
- in-unit washers and dryers
- high-end finishes
- fitness center
- community room
- bike storage
“To move this project required a lot of dedication and vision to address the affordable housing crisis.”
Ted Matkom, Gorman & Company’s Wisconsin Market President
This development is part of Green Bay’s ongoing revitalization of the University Avenue corridor. Despite challenges in part due to inflation, city officials, Gorman & Company, and local partners all collaborated to bring Bay City Lofts to fruition.
Bay City Lofts offers quality housing options and builds a strong, inclusive community. This multimillion-dollar development is a big step forward in solving Green Bay’s affordable housing shortage. With collaboration, more developments will follow.
According to Gorman, a mixed-income residential community strengthens the property and the neighborhood. Find out why here. For leasing information, please visit Bay City Lofts’ website.