Marathon Flats unit interior in Neenah. (Photo courtesy of Park Place Holdings)
NEENAH, WI (WTAQ-WLUK) — Some now call the former Kimberly Clark office building in Neenah home.
The former office building at 2011 Marathon Avenue is now Marathon Flats, a 55+ apartment community.
More than 30 apartment units are complete, with another 30 to be ready in July.
The residences include a mix of studio, one-bedroom, and two-bedroom units. One-third of the property remains dedicated office space for Kimberly Clark.
It includes an array of amenities, including a large indoor community room, courtyards with gas grills and patio furniture, a golf simulator, fitness center, and secure onsite garages, among others.
The transformative project, which commenced in June 2022 with initial city meetings, rezoning requests and approvals, was quickly followed by acquisition of the property in August of the same year. Park Place Holdings-Marathon Street LLC purchased the 148,000-square-foot single-story office building from Kimberly Clark Commercial LLC for $3,750,000, or $25.34 per square foot.
In the future, Park Place Holdings is exploring additional development opportunities for Marathon Flats, leveraging an additional 20 acres of land on the site for potential expansion once the project is stabilized.
Comments