ELM GROVE, WI-MSP Real Estate Inc. is planning to replace an oldTraffic and Parking Control Inc. structure in Elm Grove with a98-bed memory care services and assisted living facility. The St.Louis Park, Minnesota-based company is negotiating with Elm Groveofficials to procure tax incremental financing to support itsdevelopment.
Jacob Klein, director of development at MSP, said that he isaiming to start construction at 800 Wall St. in fall. The developerholds site control over the building. For the full story, go toBusiness Journal Serving GreaterMilwaukee .
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