Developer breaks ground on Janesville apartment complex
JANESVILLE, WI - Construction is underway for a new apartment complex in the city of Janesville. Horizon Development Group held a groundbreaking Monday for the Diamond Ridge Apartments on Woodman Road off of Milton Avenue.
Development Manager Scott Kwiecinski said the $17.5 million project on the former youth baseball diamonds is the result of a lot of hard work with the city of Janesville, which contributed over $3 million in tax increment financing. The development company held a neighborhood meeting back in January and worked with the residents in the area to address their concerns.
The apartment complex will include six buildings with 115-units of one, two and three-bedroom apartments. The first building will be ready for residents in August, and the other buildings will open in the subsequent weeks.