A partnership between The Neutral Project and Compass Properties has secured $73.83 million construction financing for its Bakers Place, a 206-unit, mass timber, luxury apartment project in Madison, Wis.
The 14-story Bakers Place will total 164,707 rentable square feet and will offer studio, one-, two- and three-bedroom units, as well as approximately 8,400 square feet of complementary retail space. The project will feature luxurious units with exposed mass timber, expansive views, designer fixtures and finishes and an integrated technology package. The best-in-class community amenities will include a library and coworking space, a fitness center with personal trainers and Peloton studio, a dog park and grooming station, an entertainment deck with a kitchen and an interactive game room and lounge.
The Neutral Project is committed to redefine conventional development with new sustainable strategies. Bakers Place plans to incorporate green roofs, exposed mass timber, enh
