Professional Overview:
Todd Hutchison is licensed as an Architect and Real Estate Broker in the State of Wisconsin with over 20 years of construction and real estate development experience. Todd has a very diverse professional and educational background, bringing a wide range of skills and experiences to the real estate development process.
Work Experience:
Wisconsin Redevelopment, LLC – PrincipalJanuary 2002 to Present
Wisconsin Redevelopment is a two-member real estate development and consulting firm focused on projects utilizing historic and affordable housing tax credits. Projects completed by Wisconsin Redevelopment include:
?Welford Sanders Lofts, $21 Million adaptive reuse of historic Nunn Bush Shoe Factory in Milwaukee, Wisconsin in 59 affordable loft-style apartments and 38,000 sf of office space with underground parking for 74 cars. Utilized Federal and State Historic Tax Credits, Affordable Housing tax credits, HOME funds, TIF, Tax Exempt Bonds and a variety of other funding sources. Construction Start December 2016.
?Artist Lofts, $9 Million adaptive reuse of historic Mirro manufacturing facility in Manitowoc, Wisconsin into 40 mixed-income loft style apartments. Utilized Historic Tax Credits, Affordable Housing tax credits, Brown Field funding and a variety of other grant funding. Placed in Service 2016.
?MLK Crossing Senior Apartments, $9 Million construction of 56 new apartment homes for Seniors in Des Moines, Iowa. Development Consultant. LIHTC award in 2015
?LBWN Rent-To-Own Homes, $6.1 Million acquisition and rehab of 24 scattered site single family vacant and foreclosed homes on Milwaukee’s South Side. Utilized Affordable Housing Tax Credits, HOME funding and NSP funding. 2012 LIHTC award. Placed in Service 2014.
?King Drive Commons Phase IV, $9.7 Million construction of 35 new single family, duplexes and townhomes and the renovation of 6 apartments in an historic mixed use building in Milwaukee, WI. Utilized Affordable Housing Tax Credits, HOME funding, NSP funding and Federal Home Loan Bank Funds. Placed in Service 2013
?Mitchell Street Market Lofts, $6.1 Million construction of 24 two and three bedroom apartments over approximately 4,000 sf of commercial storefront space including a new year round enclosed farmers market with Growing Power. Utilized Affordable Housing Tax Credits, Green Roof Grant from MMSD, Brownfields Grant from WI DOC, Federal Home Loan Bank Funds and NSP funding. Placed in Service: July 2012
?Beaver Dam Lake Historic Lofts, $8.3 Million conversion of 4 story historic mill building into 34 loft style apartments overlooking Beaver Dam Lake in Beaver Dam, WI. Utilized Affordable Housing Tax Credits, Historic Tax Credits, WHEDA TCAP financing, CDBG EAP financing, Brownfields Remediation funding and conventional financing. Placed in Service: May 2011
?Johnson Park Lofts, $4.8 Million renovation of a 6 story, 72,000 sf warehouse building located near Downtown Milwaukee overlooking Johnson Park. Conversion to 24 affordable “loft-style” apartments with over 12,000 sf of first floor commercial space. Utilizes Affordable Housing Tax Credits and other sources of funding. Developer/Owner Placed in Service 2006.
?Manitowoc Place, $5.2 Million historic renovation of an 8 story, 65,000 sf former hotel located in downtown Manitowoc overlooking Lake Michigan. Conversion to 34 affordable apartments with 6,000 sf of first floor commercial space. Utilizes TIF Financing, HOME financing, Historic and Affordable Housing Tax Credits. Developer/Owner. Placed in Service 2005.
?Silver City Townhomes, $5.4 Million 20 unit new construction – townhome development located on Milwaukee’s southside. LISC – MANDI Award winner and Cream of the Cream City Award winner. Utilized Affordable Housing Tax Credits, WHEDA TCAP funding and conventional financing. Co-Developer/Owner with the Layton Boulevard West Neighbors Association. Place in Service 2010.
?King Drive Commons, $3.5 Million three story - new construction of 18 residential units over approx. 5,000 sf of first floor storefront space. Utilizes Affordable Housing Tax Credits and TIF financing. Providing Full Development Consultant Services. Placed in Service: 2005
?King Drive Commons – Phase II, $5 Million – new construction of 24 townhome units and approx. 2,200 sf of commercial storefront space. Utilizes Affordable Housing Tax Credits . Providing Full Development Consultant Services. Placed in Service 2008
?King Drive Commons – Phase III, $5.5 Million – new construction of 24 apartments and townhome style units. Utilizes Affordable Housing Tax Credits, WHEDA Exchange Funding, Housing Trust Funds. Providing Full Development Consultant Services. Placed in Service 2010
?Columbia Square, $3.7 Million three story new construction of 22 residential units over approx. 6,000 sf of first floor storefront space. Utilizes Affordable Housing Tax Credits and TIF financing. Providing Full Development Services
Home Types:
Condo, House, Other
Years of Experience:
30
Education:
University Of Wisconsin - Milwaukee
Bachelors of Science - Architectural Degree
Licensed Architect - State of Wisconsin
Licensed Real Estate Broker - State of Wisconsin
