MILWAUKEE – The UW Procedure Board of Regents announced on Wednesday, Jan. 6 that a former personal home, just lately acknowledged as the UWM Alumni Property, has been marketed to a Milwaukee businessman, Andy Nunemaker, for $1.8 million.
A information release says Nunemaker intends to renovate and restore the assets for use again as a personal residence. UWM will keep an easement on the property to allow freshwater ingestion from Lake Michigan for cooling at the UWM campus. The residence is also subject matter to a conservation easement held by the Wisconsin Historical Society.
The UWM Alumni Dwelling, positioned at 3230 E. Kenwood Blvd. in Milwaukee, was designed in 1923 as the non-public residence of Myron T. and Gertrude MacLaren. The dwelling is in excess of 18,000 square toes and functions extraordinary resources and craftsmanship, which includes its strange exterior façade made of brown Plymouth stone.
The property was a non-public home right until 1949 when it was acquired by the Board of Regents of Normal Educational facilities (also known as the Milwaukee Condition Teacher’s Faculty) for use as a women’s home corridor. In 1956, the faculty was merged into the freshly produced UW-Milwaukee and the residence turned owned by UWM.
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In 2020, as element of a place optimization initiative, UWM determined that the Alumni Home was no longer a price tag-successful house for institutional and academic needs and that advertising the property would have a variety of gains for the community:
- Cutting down functions and routine maintenance expenses for UWM
- Returning the residence to the City of Milwaukee tax rolls
- Letting an incredible historic property to be renovated and restored to its optimum probable
Proceeds from the sale will 1st be utilized to retire state personal debt on the assets from a past roof challenge. The remainder will be retained by UWM to handle cash and IT infrastructure wants at UWM’s key campus.