Construction starts on another Oak Creek apartment complex
Construction is starting on the first phase of Drexel Ridge apartments in Oak Creek. (Photo: AG Architects) Construction is starting on the first phase of a $ 40 million Oak Creek apartment development that will eventually total nearly 300 units. HSI Properties LLC is beginning work this week on its Drexel Ridge project after buying the 38-acre site, west of S. Pennsylvania Ave. and north of E. Drexel Ave. HSI Drexel Ridge LLC , an HSI Properties affiliate, bought the property from Mary Voelker, of Wauwatosa, for $503,500, according to state real estate records posted Tuesday . The first phase will have 168 apartments in 12 two- story buildings , said Tony DeRosa, HSI Properties executive vice president . The first apartments are scheduled to open in June 2017, with the entire phase to be completed by March 2018, he said. Construction would then start on the second phase, with 124 apartments in eight buildings. That phase would take about a year to complete, DeRosa said. The month...