(Beaver Dam) The high-end, lakefront condominiums planned in Beaver Dam will pay tribute to a major industry from the city’s past. The new condos are being built on the site of the former Lakeview Hospital on La Crosse Street and two adjacent properties. One is where the Executive Apartments once stood; the complex was destroyed by fire three years ago. The other is a house constructed in 1911 for Silas McClure, founder of Monarch Range which produced kitchen appliances. Master Planning and Development Consultant Tim Brangle with Chicago Consultant Studios says the plans preserve local history.
“We think it would be a great asset and brand value given the history of that estate, the Monarch brand and the importance of the Monarch industry to Beaver Dam’s history,” he says “It gives it a story that is worth attempting to preserve.”
The new complex would be called Monarch Lakeview. Brangle says they are still in the conceptual stages, but the preference of the developers would be to move forward if economically viable.
The plan from WDS Construction and JCW Development is a multi-phase project expected to eventually add $4-million dollars to the tax rolls; later phases may include apartment and townhouse-type developments and similar units. Construction is expected to start this spring with phase one completion anticipated by January 1 of 2023, which – because of the pandemic – is one year later than originally planned.