[June 1, 2026] Cobalt Partners plans mixed-use development district in Glendale (BizTimes)
- 2 days ago
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Milwaukee-based real estate development and investment firm Cobalt Partners Inc. is proposing a mixed-use development district at 6800 N. Port Washington Road in Glendale, according to public records. The project, named Coventry Commons, would incorporate retail and commercial business, multi-family residential, indoor self-storage and open space.
The developer would repurpose the 60,000-square-foot vacant building that sits on the 4-acre site, which the developer said, “has become functionally and economically obsolete.” The building previously housed the North Shore Library, which has since relocated to the firm’s OneNorth development in Bayside.
Amenities planned in the Coventry Commons project include a pedestrian and bike path, outdoor seating and on-site parking for customers and employees.
The estimated cost of construction is between $15 million and $20 million.
Cobalt will work with Milwaukee-based La Macchia Holdings on this project, which is partnering with the developer on its OneNorth development.
If approved, construction for the Coventry Commons project would start fall 2026, with an expected completion date within two years.