Wright & Wagner Lofts, Beloit’s Newest Residential Development, to Open with 80% of Units Leased

Tours were provided Tuesday, Aug. 22, 2023, of a sixth floor unit of the new Wright & Wagner Lofts Riverfront Building, 206 W. Grand Ave., Beloit (photo by Kevin Haas/Rock River Current)

By Kevin Haas, August 22, 2023

 

BELOIT, Wis. — New luxury riverfront lofts that offer far-reaching views of the city’s downtown will welcome its first tenants this week.

 

The Wright & Wagner Lofts Riverfront Building, 206 W. Grand Ave., will fill the first of its 83 units on Thursday as construction crews complete work on the six-story building.

 

The $20 million development, which broke ground last fall, is the second phase of residential housing named after the Wright & Wagner Dairy that formerly occupied the site. The first phase opened in May 2021 with 100% occupancy in its 54 units. About 80% of the Riverfront Building’s units are leased so far.

 

“The lifestyle here is very much like a big city, but it’s a mix of the beauty of both the rural life, the country life and the city life because you’re so close to everything,” said Ryan Rydell, who moves into his loft on Friday. “You’ve got that beautiful Midwest feeling, the wonderful atmosphere that Beloit brings, while being within walking distance of everything.”

 

Rydell, 42, is the owner of the marketing agency RyCOM Creative. He appreciates the access to downtown attractions such as ABC Supply Stadiumrestaurantscafesbars, a farmers market and other activities.

 

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