Madison-based developer Willow Partners broke ground Wednesday on Seven20, a 14-story apartment building along East Washington Avenue, the Wisconsin State Journal reports.
The project at 720 E. Washington Ave. will offer 244 apartments, multiple levels of parking, several high-end amenities — including a pool, a private movie theater, fitness and wellness centers, a dog park, a 14th-floor lounge and a viewing deck overlooking lakes Mendota and Monona — and space for four businesses.
There will be 65 studio apartments, 111 one-bedroom units, 55 two-bedroom units and 13 three-bedroom units. Rents are anticipated to start at $1,800 for studios, just under $2,000 for one-bedrooms, just under $4,000 for two-bedrooms and just under $5,000 for three-bedrooms.
Thirteen units will be reserved for households making between 60-80% of the area median income.
The commercial space will house some combination of shops, restaurants and services for community members.
Seven20 received Plan Commission approval in January 2024 and is scheduled to open in May 2027.
