[12.11.2025] Luxury Apartment Building in Kenosha Harbor District Nears Completion (BizTimes)

The first housing development for the Kenosha Harbor District is set to open in January, with more construction expected soon after.

The Karrick, a five-story, $55 million luxury apartment building at the corner of 55th Street and Seventh Avenue in Kenosha’s downtown, is set to open Jan. 15, 2026, said Scott Yauck, founder and CEO of Milwaukee development firm Cobalt Partners.

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The Karrick has 158 apartments ranging from one- to three-bedroom floor plans. Pre-leasing has begun, with monthly rents ranging from $1,500 to $2,900.

Yauck said the team is finishing out units and going through finishing touches.

The project is the first of a broader $450 million, nine-block redevelopment spearheaded by Cobalt Partners and C.D. Smith Construction of Fond du Lac via a partnership called Cobalt Smith. The overall project, dubbed the Kenosha Harbor District, is slated to include around 1,000 housing units, retail space and more.

Yauck said the partnership plans to break ground on its next building in the second quarter of 2026. The seven-story mixed-use building will have 210 units and about 6,000 square feet of retail, he said. It will be at the corner of 54th Street and Sixth Avenue. Yauck estimates the project will be more than $70 million.

The concept is a redesign of a previously proposed 10-story apartment building. Because of construction costs, the developers decided to go with the smaller, denser design.

“We’re finding high-rise construction costs changes things quite a bit,” Yauck said. “We are at seven stories and actually yield more units because of the configuration of the footprint, so it actually is probably working better than earlier concepts.”

Yauck also hopes for a second-quarter construction start on another building of the Harbor District redevelopment that would have about 24 condominiums.

Downtown Kenosha's redevelopment has been years in the making and comes as Kenosha County faces a housing shortage. The area has seen major industrial growth over the last decade, led by employers including Amazon.com, Eli Lilly and Co., Haribo of America, Microsoft and Uline, among others.

“We’re happy to be able to fill that demand and help downtown really redevelop,” Yauck said.