Mandel Group, Inc. completed the financing for Norden Range, a 270-unit luxury apartment community in the City of Oconomowoc, Wisconsin.
The apartment community is located on a portion of lands once part of the fabled Olympia Resort complex at the Interstate 94/Highway 67 intersection in central Waukesha County. Construction will commence immediately.
The development covers over 27 acres of the former Olde Highlander Golf Club and will be completed in four phases, with the first units becoming available in late 2024. The entire development will be completed by the end of 2025.
A broad variety of floorplans include one- bedroom, two-bedroom, three-bedroom and three-bedroom townhouse designs. Each home is entered via a private outdoor entrance, eliminating all interior corridors and elevators.
Mandel’s plan focuses on preserving large natural areas of the property organized along a stream that flows through the center of the property, flanked by wide prairie areas through which pathways will be cut for walking access. On-site amenities focus on a resident clubhouse with expansive entertainment spaces; a large fitness center with an outdoor fitness deck, and a 25-yard outdoor swimming pool flanked by cabanas and lounge areas.
All amenities are available for free to Norden Range residents. Other on-site amenities include two fenced-in dog run/agility areas; a pet wash center; a car wash center and a bike repair shop.
Norden Range is part of a larger neighborhood development plan undertaken by Neumann Developments, Inc. Neumann’s Olde Highlander development will comprise multiple single-family, townhouse and condominium neighborhoods immediately west of Norden Range. A total of 352 homesites are contained within Neumann’s plan, and include neighborhood amenities such as clubhouses, pools and recreational space.
