MILWAUKEE | Development News

[bucksfan15]

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Park East area prep work begins for arena parking ramp, other projects (http://www.jsonline.com/business/park-east-area-prep-work-begins-for-arena-parking-ramp-other-projects-b99687974z1-372127931.html)

Work has begun to prepare the Park East strip for development tied to the new Milwaukee Bucks arena, a project that will create temporary traffic congestion for some downtown drivers.

Construction of both the parking structure and practice facility is to begin this summer.

The street, which replaced the former Park East Freeway, is a main route in and out of downtown — particularly during the morning and afternoon rush hours, and for events at the BMO Harris Bradley Center.

Bucks arena construction slated for July start (https://www.biztimes.com/2016/03/15/bucks-arena-construction-slated-for-july-start/)

Construction on the new Milwaukee Bucks arena in downtown Milwaukee is scheduled to begin in July, and a construction manager for the $500 million project is expected to be named in the next few days, according to Bucks officials. Construction is scheduled to be complete in August of 2018, in time for the start of the 2018-19 NBA season.

Sewer relocation work is currently underway, so construction can begin in June on the six-story parking structure, which will be located between Juneau Avenue, McKinley Avenue, Fifth Street and Sixth Street, just north of the new arena, said Marc Farha, executive vice president with Greenwood Village, Colo.-based ICON Venue Group, the team’s owner’s representative.

[bucksfan15]

Ground broken on sewer project related to Bucks arena as big announcement planned (http://fox6now.com/2016/03/15/ground-broken-on-sewer-project-related-to-bucks-arena-as-big-announcement-planned/)

The first substantial project related to the new Milwaukee Bucks arena is underway -- and FOX6 News has learned on Thursday, March 17th, Milwaukee Bucks officials will hand over arena designs to city of Milwaukee officials.

Construction is underway near 6th and McKinley in Milwaukee.

[bucksfan15]

Bucks unveil updated arena renderings (http://www.biztimes.com/2016/03/17/bucks-unveil-updated-arena-renderings/)

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[bucksfan15]

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[bucksfan15]

Utility work underway for Milwaukee streetcar (http://www.tmj4.com/news/local-news/utility-work-underway-for-milwaukee-streetcar)

http://mediaassets.tmj4.com/photo/2016/03/17/Capture_1458259717530_34304170_ver1.0_900_675.PNG

We Energies has begun their part of the preparations for Milwaukee's highly contested streetcar.

Despite varied opinions on whether Milwaukee should have a streetcar, the project is approved and the estimated $20 million utility preparation could be done as soon as early May.

[Steely Dan]

the carroll properties project for a 37 story tower at 700 E Kilbourn may be dead, but it looks like new land enterprises (the folks who currently own the site) are gonna try to resurrect their plans for the 19 story bookends project on the site.

the last public renderings from several years ago weren't pretty. let's hope they do some heavy redesign work.

[Austinlee]

Bucks unveil updated arena renderings (http://www.biztimes.com/2016/03/17/bucks-unveil-updated-arena-renderings/)

http://i1.wp.com/www.biztimes.com/wp-content/uploads/2016/03/160316-Arena-Rendering-04-small.jpg?fit=800%2C450

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That's gorgeous.

[bucksfan15]

Property sale, construction start coming soon for Couture (http://www.jsonline.com/business/property-sale-construction-start-coming-soon-for-couture-b99696509z1--374134401.html)

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Whaley-Smith said he expects the agency within the next few days to approve the arrangement, allowing the county to avoid making the $8.4 million payment.

Barrett had hoped to finish razing the transit center by spring before Summerfest and other events begin at nearby Maier Festival Park. He wants to begin construction by fall on the 44-story apartment tower, which would take three years to complete.

Whaley-Smith said Barrett can begin demolishing the transit center as soon he takes possession of the property in late April.

[bucksfan15]

the carroll properties project for a 37 story tower at 700 E Kilbourn may be dead, but it looks like new land enterprises (the folks who currently own the site) are gonna try to resurrect their plans for the 19 story bookends project on the site.

the last public renderings from several years ago weren't pretty. let's hope they do some heavy redesign work.

Bookends is not the best but I don't mind it. I do wish it was a bit taller though.

It's looking like Bookends, the Couture, and Goll Mansion site will be the next round of towers.

On that note, I wonder what's going on with Mandel's project.

[bucksfan15]

So maybe we won't have to wait until August...

Sale of Couture site wins federal approval (http://www.biztimes.com/2016/04/04/sale-of-couture-site-wins-federal-approval/)

Barrett will close on his purchase of the property from the county on April 29. Ideally, he will move into demolition right after closing, but said he might wait until August so it doesn’t interfere with Summerfest.

http://i2.wp.com/www.biztimes.com/wp-content/uploads/2016/03/Couture-Rendering-03-31-2016-e1459463348161.jpg?resize=650%2C472

[bucksfan15]

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[bucksfan15]

Work is already underway but now an official groundbreaking is set...

Arena construction to begin June 18 (http://www.biztimes.com/2016/04/13/bucks-sign-30-year-lease-agreement-with-wisconsin-center-district/)

The Milwaukee Bucks have set a date for construction to begin on the team’s new downtown arena.

According to president Peter Feigin, the Bucks plan to start construction on the arena June 18, about a month sooner than previously planned. The team has scheduled the arena to be complete in August 2018, in time for the start of the 2018-’19 NBA season.

Construction also is slated to begin in June on the six-story parking structure and on the new 55,000-square-foot training center. Feigin also said the Bucks are getting closer to securing a naming rights sponsor for the new arena.

[bucksfan15]

Hot downtown office market could spark another new tower (http://www.biztimes.com/2016/04/18/hot-downtown-office-market-could-spark-another-new-tower/)

David Pudlosky, of JLL, agreed with Landowski that another new tower will likely be built downtown. He said there are a handful of sites ready for development, and developers are in a race to land the deals.

“Whether it’s Doug Weas, Joel Lee, Marcus Corp. or Irgens, they are all capable of doing it,” Pudlosky said. “It’s just a matter of who is going to win the business.”

The potential anchor tenant that is being sought after this time is Reinhart Boerner Van Deuren. The Milwaukee law firm has hired a Chicago-based real estate broker and a Chicago architectural firm to explore its office space options before its lease at 1000 North Water expires in 2019. The firm, which leases 114,000 square feet, is the largest tenant in the 283,000-square-foot building.

[bucksfan15]

Third Ward office building (http://www.biztimes.com/2016/04/18/third-ward-office-building/)

Milwaukee-based real estate development firm Irgens plans to build a five-story office building in the city’s Historic Third Ward. The 168,000-square-foot building, at 100 N. Young St., will include ground floor retail and could be ready by late 2017. Construction is expected to begin by the end of this year.


Streetcar line construction expected to begin late summer (http://www.biztimes.com/2016/04/18/streetcar-line-construction-expected-to-begin-late-summer/)

Proposals are due June 1, and will be decided on in late June. Construction for phase 1 is expected to start in late summer 2016, and continue through 2017 and into 2018.

More companies moving downtown (http://www.biztimes.com/2016/04/18/more-companies-moving-downtown/)

Downtown Milwaukee is on a roll. The apartment development boom is showing no signs of slowing down. Northwestern Mutual Life Insurance Co. is building a $450 million office tower on its headquarters campus. Construction will start soon on a new $500 million arena.

On top of all that, an increasing number of companies are choosing to move their offices to the downtown area.

[bucksfan15]

I don't think I saw this posted yet but this one should be starting soon...

New two-story restaurant building proposed for Brady St. (http://www.jsonline.com/business/new-two-story-restaurant-building-proposed-for-brady-street-b99673487z1-369459772.html)

A nearby east side Qdoba, at 2228 N. Prospect Ave., will be closed to make way for a six-story, 80-unit upscale apartment building planned for the former Prospect Mall parking lot.

Joseph Property Development LLC plans to break ground on that project in late spring, said owner Robert Joseph.

http://urbanmilwaukee.com/wp-content/gallery/lower-east-side/theprospect-1.jpg

Right down the street from this project which should be starting in June...

http://urbanmilwaukee.com/wp-content/uploads/2016/02/15-119_1840_2_Aerial-e1454699007579.jpg

Both images from http://urbanmilwaukee.com/

[bucksfan15]

Shops of Grand Avenue owners reveal redevelopment plans
Office space would replace food court; grocery, urban market planned

The new owners of the Shops of Grand Avenue unveiled their vision Monday morning for the future of the downtown Milwaukee mall, which they believe will satisfy what the community has been asking for and what the market will support, while bringing the struggling mall into the 21st century.

The ambitious plan includes up to 120,000 square feet of office space on the second and third floors, which will eliminate the food court.

A grocery store is being sought after in the former 34,000-square-foot Linens ‘n Things space and an urban marketplace is planned on the mall’s first floor.

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[embora]

Shops of Grand Avenue owners reveal redevelopment plans
Office space would replace food court; grocery, urban market planned



Their proposal has some good ideas. I hope they work well in the short and long run. Thank you for posting this here.

[bucksfan15]

Nothing special but here's a couple updates on some of the random infill projects going on downtown along the river...

Laacke & Joys Demo

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North End IV (you can see NML's tower in the background)

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North End III and Rhythm

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River House

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Belay

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Just a VERY small sample of the development boom happening in Brew City right now. I know that not too many people visit this thread as most Milwaukee members are on SSC but if anyone has any requests on projects they would like to see updates on I am more than happy to provide pictures. I live downtown so it's pretty easy for me to go out and snap some pics.

[bucksfan15]

Their proposal has some good ideas. I hope they work well in the short and long run. Thank you for posting this here.

No prob.

[chitrek]

N I know that not too many people visit this thread as most Milwaukee members are on SSC but if anyone has any requests on projects they would like to see updates on I am more than happy to provide pictures. I live downtown so it's pretty easy for me to go out and snap some pics.

Would love updates on the Northwestern Mutual Residential Tower and the Westin (know they are probably limited views at this point, but nothing for the tower available and that 833 east webcam for the Westin is way too limited of a view at this point)

Personally hoping to get back up there in May at some point to walk around and take a ton of pictures!

[bucksfan15]

Would love updates on the Northwestern Mutual Residential Tower and the Westin (know they are probably limited views at this point, but nothing for the tower available and that 833 east webcam for the Westin is way too limited of a view at this point)

Personally hoping to get back up there in May at some point to walk around and take a ton of pictures!

I'll get some up by Sunday for you (got a busy next couple of days). It's ok, I'm pretty tall so I can get the camera up above the construction fencing :cheers:

[bucksfan15]

Downtown Transit Center sale for Couture pushed back, demo still set for August

Due to a heavy amount of paperwork involved in closing the deal, Barrett said, the sale date got pushed back to mid-June. The company exercised its option to buy the property earlier this month, he said, and the transit center demolition contract is out for bids. The building demolition is still on course to begin in August, he said.

“It’s not going to affect the timing,” Barrett said. “Our hope was to exercise our option before the end of April, which we’ve done now. That’s where we needed to be.”

Construction of the Couture building is scheduled to start in early 2017. It could be complete in August 2019. The Couture would have 300 apartments in its tower. Its lower levels would have 50,000 square feet of retail space and a large public concourse with a station for the Milwaukee streetcar.

http://www.biztimes.com/wp-content/uploads/2014/09/V4-309129980.jpg

[bucksfan15]

Milwaukee's next streetcar extension leads to new arena (http://www.bizjournals.com/milwaukee/print-edition/2016/04/29/milwaukees-next-streetcar-extension-leads-to-new.html)

​The next extension of the Milwaukee streetcar will run along North Fourth Street, linking a major new development on West Wisconsin Avenue, the downtown convention center and the new arena.

[bucksfan15]

Just checking the 833 live feed, it looks like the tower crane is going up for the Westin right now...

[bucksfan15]

Springhill Suites

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Arena Prep Work/Moving Mechanical Equipment
(The Park East is all dug up also with groundbreaking set for June 18)

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NML

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[bucksfan15]

Laacke & Joys (New Bader Rutter HQ)

https://farm2.staticflickr.com/1492/26757626996_992f9a7e78_b.jpg

North End IV

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NML

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Westin

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City of Cranes

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It's hard to believe but things are about to heat up even more in the next couple months with the Couture, NML residential, Arena, Bucks Practice Facility, Bucks Parking/Apartments, the Streetcar, 1840 N Farwell, 234 S Water, a new Third Ward office building, and the Qdoba parking lot redevelopment. I'm sure I'm missing some but by the end of the year, the sky should be packed with cranes. :cheers:

[bucksfan15]

https://farm8.staticflickr.com/7319/26724708012_be388fb1f1_b.jpg

Down goes the first L&J's building. This project is really moving. And speaking of really moving, the hole in the ground for NML's apartment tower is getting pretty large.

[bucksfan15]

Ikea could build store at Northwestern Mutual development site in Oak Creek (http://fox6now.com/2016/05/02/ikea-could-build-store-at-northwestern-mutual-development-site-in-oak-creek/)

OAK CREEK — Ikea could build a store at Northwestern Mutual’s development site northwest of the interchange at Interstate 94 and West Drexel Avenue in Oak Creek, according to several real estate sources, the Milwaukee Business Journal is reporting.

Milwaukee is really starting to step up it's retail game. Lots of big name retailers are starting to open up shop in SE Wisconsin. Nordstrom, IKEA, Von Mauer...

Out of pure speculation (no insider knowledge whatsoever), I'm going to make a guess Saks will be the next big retail name dropped in the metro area. They already opened up their first "Off 5th" store in Wauwatosa and I would love to see another wing added to Mayfair Mall for Saks, similar to what they did with Nordstrom. Mayfair seems to constantly be in expansion mode and Wauwatosa seems to be turning into a retail hub of Milwaukee, I would love to see 4 anchor stores which would put it on par with Southridge Mall. It will be interesting to see what happens when they tear that office tower on the SW corner of the mall's parking lot.

[bucksfan15]

BUCKS UNVEIL INTERIOR RENDERINGS OF NEW ARENA (http://www.nba.com/bucks/release/bucks-unveil-interior-renderings-new-arena)

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[bucksfan15]

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Mandel unveils $100 million luxury apartment tower for east side (http://www.jsonline.com/business/mandel-unveils-100-million-luxury-apartment-tower-for-east-side-b99720249z1-378515865.html)

Mandel Group Inc. is unveiling plans for a $100 million luxury apartment high-rise on Milwaukee's east side, a development that was initially conceived more than 25 years ago.

The 24-story tower, dubbed Portfolio, would create 235 apartments on what is now a 1-acre vacant lot at 1350 N. Prospect Ave., just northeast of the Lake Bluff condos. The site overlooks Lake Michigan.

The firm plans to begin construction by summer 2017 on the tower, which would take roughly two years to complete, said Barry Mandel, president.

Pretty slick looking building and I could be wrong, but I see this one running into LOTS of opposition from neighbors and the city. A tower a few blocks away just got shot down for being "too dense" and this tower has over 30 more units. I didn't know buildings downtown could be "too dense" but apparently in Milwaukee they can. In the meantime, it's great eye candy though. I guess we will have to wait and see what sort of reaction the city has to this one.

[bucksfan15]

And an update on another East Side tower getting ready to break ground...

Farwell Tower Coming (http://urbanmilwaukee.com/2016/05/06/friday-photos-gokhmans-transit-oriented-apartments/)

Project investor Jim Wiechmann, who has a lengthy history of backing Gokhman family projects, is moving forward on his planned 13-floor apartment building at 1840 N. Farwell Ave. Snap Fitness gym members who use the parking lot on the proposed building’s site have been notified that they won’t be able to park in the lot starting in early June.

[bucksfan15]

Mandel plans 24-story apartment tower on East Side (http://www.biztimes.com/2016/05/09/mandel-plans-24-story-apartment-tower-on-east-side/)

Portfolio (Block 9)

The complex, to be called, Portfolio, will include 235 apartments. Construction is expected to begin in the spring of 2017.

Goll Mansion

Madison-based Palisade Properties Management LLC proposed a $55 million, 26-story, 202-unit apartment tower on the site of the historic Goll Mansion, 1550 N. Prospect Ave. in February. City officials had concerns about the density of the apartment tower and sent the group back to the drawing board.

A spokesperson for the group said the proposal is currently being worked on and will be brought back for approval.

13-Story Farwell Tower

The project will include 153 residential units and 10,000-square-feet of commercial and office space on four floors. Wiechmann plans to start demolition of the four-story office building at 1840 N. Farwell Ave. this month, and will begin construction of the new tower in June.

[bucksfan15]

Milwaukee Bucks prepare for demolition of three buildings on arena site (http://www.bizjournals.com/milwaukee/news/2016/05/09/milwaukeebucks-prepare-for-demolition-of-three.html)

“We’re still working with the city to gain the necessary approvals to begin site preparation work, including the demolition of three structures on the site,” Bucks spokesman Jake Suski told the Milwaukee Business Journal Monday.

The Bucks anticipate completing the demolition over the next few weeks so the site is ready for groundbreaking in June. The Bucks have scheduled a groundbreaking ceremony for June 18.

[bucksfan15]

Here's a cool video with a rundown of the towers going up in Milwaukee...

Changing Milwaukee skyline part of changing environment downtown (http://www.wisn.com/news/changing-milwaukee-skyline-part-of-changing-environment-downtown/39517374)

Sorry I don't know how to imbed the video otherwise I would have.

[Lalaland]

http://https://flic.kr/p/H8HHC8

[embora]

Here's a cool video with a rundown of the towers going up in Milwaukee...

Changing Milwaukee skyline part of changing environment downtown (http://www.wisn.com/news/changing-milwaukee-skyline-part-of-changing-environment-downtown/39517374)

Sorry I don't know how to imbed the video otherwise I would have.

Wow, that's a sweet video. Thank you for sharing!

[bucksfan15]

Expert: Downtown housing boom to continue, more variety needed (http://www.jsonline.com/business/expert-downtown-housing-boom-to-continue-but-more-variety-needed-b99728590z1-380122761.html)

Segal said some of that growth is the result of younger people who leave Milwaukee for Chicago and other large cities, but then move back in part because they are "fatigued" by higher living expenses.

Median monthly rent in Chicago is $2,000, compared to $850 in Milwaukee, he said.

So, even as developers continue building hundreds of new apartments in downtown and its adjacent neighborhoods, Segal said, the area probably can fill thousands of additional housing units over the next several years.

But downtown needs better transportation alternatives, said Segal. He praised the downtown streetcar system, which is to launch in 2018, and the growing Bublr bike share service.

It's been a quiet week but these next couple months are going to get very busy. Downtown is already a giant construction zone but the new arena, parking structure, and practice facility are breaking ground on June 18th, the streetcar will be full steam ahead, the Farwell tower will be breaking ground, NML's residential tower crane will be up with that beauty of a tower rising, and the long anticipated Couture will finally be under construction. Also, the River on Wells is on the next Plan Commission meeting's agenda so hopefully that tower gets going shortly. Some other infill projects like Avenir, Water/Brady, the Qdoba lot apartments, and whatever else I'm missing could be breaking ground also. It's getting hard to keep track of all these projects.

[bucksfan15]

http://i0.wp.com/www.biztimes.com/wp-content/uploads/2016/05/Riverwalk-107-E-Wells-Exhibit-A-051816-12.jpg?resize=768%2C559

http://i0.wp.com/www.biztimes.com/wp-content/uploads/2016/05/The-River_Final_2_Logo.jpg?resize=768%2C510

Construction of 18-story Wells Street tower could begin this fall (http://www.biztimes.com/2016/05/19/construction-of-18-story-wells-street-tower-could-begin-this-fall/)

Construction of the 18-story apartment tower proposed along the Milwaukee River in downtown Milwaukee that will replace a dilapidated building and will have 57 high-end apartments and a restaurant is expected to begin this fall.

[bucksfan15]

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[bucksfan15]

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[JRadMKE]

http://media.jrn.com/images/b99720249z.1_20160507140038_000_gshfhhd1.1-1.jpg

Mandel unveils $100 million luxury apartment tower for east side (http://www.jsonline.com/business/mandel-unveils-100-million-luxury-apartment-tower-for-east-side-b99720249z1-378515865.html)



Pretty slick looking building and I could be wrong, but I see this one running into LOTS of opposition from neighbors and the city. A tower a few blocks away just got shot down for being "too dense" and this tower has over 30 more units. I didn't know buildings downtown could be "too dense" but apparently in Milwaukee they can. In the meantime, it's great eye candy though. I guess we will have to wait and see what sort of reaction the city has to this one.

Could be wrong on this, but I see Portfolio as having a much easier time getting approval. The issues with the Goll Mansion NIMBYism is two fold, with historic preservationists not wanting any changes to the mansion, and more importantly the next door condo owners complain about density issues and lost views.

The two neighboring properties to Portfolio are the Jewish Museum and the 4 story Lake Bluff Condos, which happens to be another Mandel property. I just don't think they'll be complaining about lost views like the 1522 Condos residents are.

[bucksfan15]

Former east side church razed to create large development site (http://www.jsonline.com/blogs/business/380535831.html)

A former church on Milwaukee's east side is being demolished to create a large site that could be developed as apartments.

The two-story building, with around 35,000 square feet, is at 1632-1648 N. Franklin Place, about one block south of E. Brady St. It was built in 1949 as a Boys Club, which closed several years ago.

The building is owned by KC Franklin Partners LLC, which last week began razing it. The property includes a one-acre lot, according to city assessment records.

[bucksfan15]

Could be wrong on this, but I see Portfolio as having a much easier time getting approval. The issues with the Goll Mansion NIMBYism is two fold, with historic preservationists not wanting any changes to the mansion, and more importantly the next door condo owners complain about density issues and lost views.

The two neighboring properties to Portfolio are the Jewish Museum and the 4 story Lake Bluff Condos, which happens to be another Mandel property. I just don't think they'll be complaining about lost views like the 1522 Condos residents are.

That makes sense with Mandel owning the neighboring property and I'm sure the Jewish Museum won't be complaining about views like condo owners do.

I guess I just never know what to expect when it comes to city/public reaction to these new projects being proposed. I don't understand how the city balks at the Goll mansion proposal because of it's density when that project is on the streetcar route and the city has been on record saying one of the benefits of the streetcar is attracting dense, tax-generating development along the route. Same thing with that 10-story Klein development on the river. It gets shot down for lack of parking when the city is always advocating for walkable, non car-dependent developments. So they kill that proposal but are quick to initially approve the 18-story River Tower that has no parking incorporated with it. Just seems like some shifty moves on the city's part to please a handful of residents at the expense of tax-generating developments that will benefit the city as a whole.

[bucksfan15]

Nothing new here, just an update on a project currently under construction, but Dominion hints at another, possibly lakefront, location. They did have plans a few year back for a 10-story tower but those were replaced by the current 26-story proposal at the Goll Mansion site. I would love to see Dominion develop a new tower that follows the same environmentally sustainable guidelines as their past projects. Hopefully something taller than 10 stories though, especially if it's a lakefront site.

New east side apartment building is green from top to bottom (http://www.jsonline.com/business/new-east-side-apartment-building-is-green-from-top-to-bottom-b99728099z1-380677721.html)

Meanwhile, Dominion is planning a third Sage apartment building, said O'Connor, who declined to disclose the location.

"I think the next project is going to be called Sage on the Lake," he said, giving a broad hint about its likely site. "It's the best location yet."

[bucksfan15]

Developer plans another east side apartment building (http://www.jsonline.com/business/developer-plans-another-east-side-apartment-building-b99732980z1-381056341.html)

A five-story, 33-unit apartment building is being proposed for an east side Milwaukee neighborhood that has seen several similar developments.

Wiechmann Enterprises is proposing the building for a site at 1623-1639 N. Jackson St., according to a new Common Council zoning resolution.

[bucksfan15]

http://www.biztimes.com/wp-content/uploads/2016/02/Goll-Tower-01-e1455240519293.jpg

http://www.biztimes.com/wp-content/uploads/2016/02/Goll-Tower-03.jpg

East side high-rise developer proposes lower apartment count (http://www.jsonline.com/blogs/business/381329201.html)

The developer who wants to build a high-rise at the Goll House site on Milwaukee's east side is reducing the tower's number of apartments after city officials raised concerns about the proposal's density.

Madison developer Chris Houden's revised plans are calling for a 27-story building with 192 units, according to a new Department of City Development report.

Houden would develop the tower on a 27,938-square-foot site at 1550 N. Prospect Ave.

[bucksfan15]

Demolitions, Bradley Center renovations set stage for Bucks arena (http://www.jsonline.com/business/demolitions-bradley-center-renovations-set-stage-for-bucks-arena-b99736501z1-381864661.html)

With a groundbreaking ceremony set for June 18, the site for the new Milwaukee Bucks arena will soon see its three remaining buildings razed.

Meanwhile, the neighboring BMO Harris Bradley Center is undergoing renovations as part of that project.

Finally, work is finishing on the nearby Park East strip to prepare for construction of the arena parking structure and the Bucks training facility.

[Austinlee]

http://www.biztimes.com/wp-content/uploads/2016/02/Goll-Tower-01-e1455240519293.jpg

http://www.biztimes.com/wp-content/uploads/2016/02/Goll-Tower-03.jpg

East side high-rise developer proposes lower apartment count (http://www.jsonline.com/blogs/business/381329201.html)

I like the color scheme of this building assuming it doesn't change.

[bucksfan15]

I like the color scheme of this building assuming it doesn't change.

https://www.biztimes.com/wp-content/uploads/2016/05/Goll-mansion-updated-052416-23.jpg

It actually has changed a bit since it was first proposed. This is the rendering that will be discussed at June 13 CPC Meeting. I'm assuming it will gain approval. I like it but I think I liked the previous rendering better.

[bucksfan15]

http://www.biztimes.com/wp-content/uploads/2016/06/irgenssquare.jpg

http://www.biztimes.com/wp-content/uploads/2016/06/irgens-csquare4.jpg

http://www.biztimes.com/wp-content/uploads/2016/06/irgens-csquare2.jpg

Irgens completes purchase of Third Ward site
(http://www.biztimes.com/2016/06/06/irgens-completes-purchase-of-third-ward-site/)Office building construction will begin when anchor tenant is secured

An affiliate of Milwaukee-based commercial real estate development firm Irgens has closed on the purchase of the Third Ward site where it intends to develop a five-story, 168,00-square-foot office building.

Young Street Development Partners, LLC, purchased the 0.8-acre property at 143 N. Milwaukee St. from Babcock Automobile Spring Company for $2.1 million, according to state real estate records.

The company is planning One Catalano Square at the site and will begin construction once a tenant is secured.

A nice 5-story, Third Ward infill project. I can't imagine this one will take very long to secure a tenant the way office space has been gobbled up recently in Milwaukee. A few companies already on the hunt to relocate. I could see Master Lock or Garnder Denver moving here. The views of downtown from the rooftop balcony are going to be amazing.

[bucksfan15]

Wisconsin has 10 firms on 2016 Fortune 500 list (http://www.biztimes.com/2016/06/06/wisconsin-has-10-firms-on-2016-fortune-500-list/)
Up from 8 in 2015

The Wisconsin-based companies on the Fortune 500 list are:

Johnson Controls, 70
Northwestern Mutual, 100
ManpowerGroup, 144
Kohl’s, 145
American Family Insurance Group, 332
Rockwell Automation, 412
Oshkosh, 424
Harley-Davidson, 432
WEC Energy, 437
Fiserv, 492

8 of which (highlighted) are in Metro Milwaukee which is pretty impressive for a metro of about 2 million.

[bucksfan15]

Quick update on the arena. Looks like demolition of the last couple structures on site is finished. Barricades now surround the entire arena site with the future parking structure and practice facility sites sectioned off. Groundbreaking next Saturday and everything is ready to go :cheers:!

[embora]

:cheers:

Thanks for the update bucksfan15.

[bucksfan15]

https://c5.staticflickr.com/8/7269/27612346476_b4644d2eb9_b.jpg

Germania Building restoration has finally started!

[bucksfan15]

City funds proposed for new RiverWalk segments (http://www.jsonline.com/blogs/business/382584961.html)

Finally, $1.6 million would help finance a 280-foot RiverWalk and dock wall, and build the stub end of E. Oregon St., next to the $30 million 234 Apartments, 234 S.Water St.

Developer David Winograd plans to open that 12-story, 164-unit apartment building by spring 2018.

I think the big takeaway from this article is that 234 S Water should be starting soon if it is going to be open by Spring 2018.

Otherwise the other sites receiving city funds for Riverwalk segments are Bader Rutter's new HQ and North End IV and both those projects are already underway.

[bucksfan15]

From the air: Photographer catches bird's-eye view of southeast Wisconsin construction sites: Slideshow (http://www.bizjournals.com/milwaukee/blog/real_estate/2016/06/from-the-air-photographer-catches-birds-eye-view.html?ana=twt)

A slideshow of some really cool aerial shots of Milwaukee Metro's biggest construction projects...

[bucksfan15]

http://6803l1jplwe1s1hjp4dfnjlb.wpengine.netdna-cdn.com/wp-content/uploads/2016/05/Goll-mansion-updated-052416-23.jpg

http://6803l1jplwe1s1hjp4dfnjlb.wpengine.netdna-cdn.com/wp-content/uploads/2016/06/RE-Spotlight-Brewers-Hill1-e1465914074286.jpg

Goll Mansion project moves forward with Historic Preservation Commission approval (http://www.biztimes.com/2016/06/14/goll-mansion-project-moves-forward-with-historic-preservation-commission-approval/)
Brewers Hill apartment development also advances

The city’s plan commission raised questions about the development’s effect on traffic and if it would provide residents with adequate parking. The proposal includes 212 parking spaces. Despite the 3-3 vote, the proposal will move forward to the city’s Zoning, Neighborhoods and Development Committee July 19 and later, the Common Council.

The key was getting the certificate of appropriateness from the Historic Preservation Commission, Tuesday, which was unanimous.

[bucksfan15]

In case anyone who reads this is interested, Milwaukee has some major developments happening in the suburbs with the Mayfair Collection in Tosa probably the biggest/most notable. They are about to build over 1,000 apartments adding to what has already been built there including retail (already fully leased), numerous restaurants, and a hotel. It's also just down the street from SE Wisconsin's premier shopping mall, Mayfair, which just opened the state's first Nordstrom. There is also a ton of other non-related residential development happening in the immediate area with The Reserve, The 2100, State Street Station, The Reef, and The Echelon. Lots of cranes in the suburbs also.

Burleigh corridor in Wauwatosa becoming a major retail destination (http://www.biztimes.com/2016/06/13/burleigh-corridor-in-wauwatosa-becoming-a-major-retail-destination/)

Phase one of Mayfair Collection, which opened in 2014, includes Nordstrom Rack, Saks Fifth Avenue OFF 5th and other stores. The second phase includes a Whole Foods store, a HomeGoods store, the Bartolotta’s restaurants and a Homewood Suites by Hilton hotel.

Beginning in summer 2016, HSA Commercial and its residential development partner, Fiduciary Real Estate Development, will begin phase one of the residential component, which includes 250 apartments at what is being called “The District.” Over the next five years, 1,100 apartments are expected there.

“There are going to be 1,100 apartments built here in two-and-a-half years,” Bartolotta said. “There is going to be a lot of density, and we’re going to be in the heart of it. I’ve learned that to be successful, you have to have a lot of bodies around you.”

[bucksfan15]

Multiple cranes going up at the arena site with a big light up sign that says "Build The Future". All ready to break ground tomorrow!! :cheers:

I'll try and post pictures later...

[bucksfan15]

http://www.biztimes.com/wp-content/uploads/2016/06/160627-Block-5-Entry-Corner-770x560.jpg

http://www.biztimes.com/wp-content/uploads/2016/06/160627-Block-4-Corner-770x560.jpg

http://www.biztimes.com/wp-content/uploads/2016/06/160627-Block-5-Highway-Corner-e1467046804608-770x546.jpg

Indianapolis developer plans two apartment buildings for The Brewery
(http://www.biztimes.com/2016/06/27/indianapolis-developer-plans-two-apartment-buildings-for-the-brewery/)Projects would total 274 units

[bucksfan15]

http://6803l1jplwe1s1hjp4dfnjlb.wpengine.netdna-cdn.com/wp-content/uploads/2016/06/marcus-rendering-e1467220111459-768x559.jpg

Marcus plans mixed-use downtown development with movie theater (http://www.biztimes.com/2016/06/29/marcus-plans-mixed-use-downtown-development-with-movie-theater/)

The 20-story, 780,000-square-foot development would include commercial space on the ground floor, along the riverfront. The plans from the InPlace Design website show five floors of office space, eight floors of residential space and six levels of parking.

The street level could feature two restaurants, with 11,000 and 10,400 square feet; a 4,500-square-foot cafe and a health club.

The eight-screen cinema would be located at the southern end of the property, according to the plans on the website.

[bucksfan15]

For anyone interested in following the arena construction progress, they put up a live cam which oversees the Buck's arena site (far right), Buck's practice center (center, foreground), and new parking/apartment complex (center, background).

Buck's Live Webcam (http://wisconsinesc.com/live-webcam)

As a bonus, the view of downtown from the camera is spectacular and you can even see NML's HQ tower construction. :cheers:

[bucksfan15]

Council Okays Streetcar to Bucks Arena (http://urbanmilwaukee.com/2016/07/06/eyes-on-milwaukee-council-okays-streetcar-to-bucks-arena/)

The first phase of the system, connecting the Lower East Side, East Town and Historic Third Ward with the Milwaukee Intermodal Station, is on-track to begin service in 2018. Utility work on the route is currently underway. Construction of the track is set to begin in the coming weeks. Work will occur in phases across the 2.1 mile route.

Concurrently underway is work on the streetcar’s lakefront extension. That spur, approved and fully-funded, will add four-tenths of a mile to the route split across E. Michigan St. and E. Clybourn St. That extension will run from N. Milwaukee St. to the base of the planned The Couture tower at N. Lincoln Memorial Dr. The lakefront extension is anticipated to open after the first phase of the streetcar opens.

Pittsburgh developer buys Walker's Point property for five-story apartment building (http://www.bizjournals.com/milwaukee/blog/real_estate/2016/07/pittsburgh-developer-buys-walkers-point-property.html)

“It’s our first venture into Wisconsin, the first of what we hope to be several,” Richardson said. “Our intent in the next three to four years is to do two or three projects in the Milwaukee area.”

The building could begin construction in early 2017, for completion a year later, Richardson said. He valued the development at $11 million to $12 million.

[bucksfan15]

Hammes Co. seeking approval for Park East office development (http://www.bizjournals.com/milwaukee/blog/real_estate/2016/07/hammes-coseeking-approval-for-park-east-office.html)

City of Milwaukee officials will soon review a proposal for another new office building on North Water Street in the Park East corridor.

A group led by Brookfield developer Hammes Co. is proposing the project on vacant land northeast of East Knapp and North Water streets in what is becoming one of the city’s most active three-block stretches. Three new buildings with office space have surfaced for that area, which is a rarity in the downtown Milwaukee market that coasted for more than a decade without a ground-up, high-end office development.

That area of downtown is already one giant construction zone. Already under construction in that area is River House, North End IV, Rhythm, Bader Rutter's HQ, the new Milwaukee Buck's arena, Buck's practice facility, and the arena's parking structure. Numerous projects are close to starting construction also including Hammes proposal, Marcus mixed use office tower/movie theater, Avenir II, Brady and Water, and Wangard's other large Park East proposal. There is literally going to be cranes on every corner of the northern edge of downtown. Milwaukee is turning into the city of cranes. It's really exciting to walk around downtown and see all of this construction.

[bucksfan15]

https://www.biztimes.com/wp-content/uploads/2016/05/Goll-mansion-updated-052416-23.jpg

A New Tower for Prospect Ave (http://urbanmilwaukee.com/2016/07/18/eyes-on-milwaukee-a-new-tower-for-prospect-ave/)

The tower will go before the Zoning, Neighborhoods & Development committee Tuesday from which it will ultimately go to the council. I’m guessing the full council will approve the project, even if Kovac and Bauman oppose it.

*Bauman is a piece of crap*

[bucksfan15]

https://6803l1jplwe1s1hjp4dfnjlb-wpengine.netdna-ssl.com/wp-content/uploads/2016/03/Couture-Rendering-03-31-2016-e1459463348161-400x291.jpg

Obviously this big news hasn't been posted yet...

The Couture project finally begins (https://www.biztimes.com/2016/08/30/the-couture-project-finally-begins/)

Milwaukee developer Rick Barrett, the owner of Barrett Lo Visionary Development, finally completed the purchase of the Downtown Transit Center from Milwaukee County Monday and will begin work on the long awaited Couture project today.

Between NML's new HQ, NML's apartment tower, and the Couture, Milwaukee now has 3 skyline-changing towers under construction. Throw in the streetcar and everything happening over at the site of the new arena along with the countless infill projects and it's tough to turn a corner in Milwaukee without seeing some sort of construction.

[Steely Dan]

^ i posted the big news in the couture thread last week: http://forum.skyscraperpage.com/showthread.php?t=200541&page=4

[bucksfan15]

^ i posted the big news in the couture thread last week: http://forum.skyscraperpage.com/showthread.php?t=200541&page=4

Beat me to it. I always forget about those project threads.

[Booch]

I have been following this page for years. Decided to join when I saw what can only be described as a staging area just west of MSOE's soccer field/parking garage.

Is this in fact just a staging area for other developments, or did something get approved for this block?

Thank you for the forum.

[mbradleyc]

I have been following this page for years. Decided to join when I saw what can only be described as a staging area just west of MSOE's soccer field/parking garage.

Is this in fact just a staging area for other developments, or did something get approved for this block?

Thank you for the forum.

It's a mystery. So far nobody knows.

[Booch]

Just heard back from Tom Daykin at the JS regarding that parcel.

He said that Hammes is running soil tests for a proposed office building there. I have not been able to find any mock ups for the building though.

[bucksfan15]

https://www.biztimes.com/wp-content/uploads/2016/09/NEXUS-Aerial-Looking-Southwest-770x560.jpg

https://www.biztimes.com/wp-content/uploads/2016/09/NEXUS-Looking-West-770x560.jpg

https://www.biztimes.com/wp-content/uploads/2016/09/NEXUS-Looking-East-770x560.jpg

Hotel developer proposes $279.6 million project at 4th and Wisconsin (https://www.biztimes.com/2016/09/30/hotel-developer-proposes-279-6-million-project-at-4th-and-wisconsin/)

Milwaukee-based hotel development firm Jackson Street Holdings, LLC is proposing a $279.6 million plan at North 4th Street and Wisconsin Avenue that would include three hotels totaling 506 rooms, 130,000 square feet of convention space and 22,000 square feet of street-level restaurants, bars and cafés.

The project, to be called Nexus, would fully integrate the city’s planned downtown streetcar, according to plans from Milwaukee-based Arrival Partners, which is developing the project with Jackson Street.

[Tom In Chicago]

^Very interesting. . .

. . .

[Booch]

http://www.jsonline.com/story/money/real-estate/commercial/2016/10/07/makeover-pitched-downtown-postal-facility/91281760/

[sentinel]

Perhaps images would be helpful:

https://www.biztimes.com/wp-content/uploads/2016/10/R2Companies-DowntownPostOffice-Rendering1-2016-10-07-contributed.jpg

https://www.biztimes.com/wp-content/uploads/2016/10/R2Companies-DowntownPostOffice-Rendering4-2016-10-07-contributed.jpg

https://www.biztimes.com/wp-content/uploads/2016/10/R2Companies-DowntownPostOffice-Rendering3-2016-10-07-contributed.jpg

https://www.biztimes.com/wp-content/uploads/2016/10/R2Companies-DowntownPostOffice-Rendering2-2016-10-07-contributed.jpg

All images taken from article:
https://www.biztimes.com/2016/10/07/grand-plans-unveiled-for-redevelopment-of-downtown-postal-center/

[Tom In Chicago]

^Very nice. . .

. . .

[bucksfan15]

https://c3.staticflickr.com/6/5759/29897796354_a2c353f2a1_o.jpg

The core is up to the second floor now.

[bucksfan15]

Just a SMALL snapshot of all the construction happening in Downtown Milwaukee's CBD...

Rhythm (right) and North End III (left)

https://c3.staticflickr.com/6/5650/31135150002_e87208baa6_h.jpg

North End IV (left) and Bader Rutter HQ (right)

https://c7.staticflickr.com/6/5641/30457968174_f17857ffea_h.jpg

North End IV

https://c7.staticflickr.com/6/5665/30911840950_27fdace84b_h.jpg

Bader Rutter HQ

https://c7.staticflickr.com/6/5679/31135229022_d672022b7d_h.jpg

Arena District

https://c1.staticflickr.com/6/5745/30911964000_404309b045_h.jpg

Live Block Demo

https://c6.staticflickr.com/6/5517/31279779285_8cb8e1b8ad_h.jpg

Buck's Parking and Apartment Structure

https://c4.staticflickr.com/6/5740/31279811435_52c913f9cd_h.jpg

https://c2.staticflickr.com/6/5512/31279818305_a342083c6d_h.jpg

Buck's Training Center/Medical Complex

https://c5.staticflickr.com/6/5717/30458128284_22d55dc488_h.jpg

https://c2.staticflickr.com/6/5518/31279877825_22f1bf68a5_h.jpg

Buck's New Arena

https://c3.staticflickr.com/6/5557/30458161114_d170807d49_h.jpg

https://c5.staticflickr.com/6/5643/31243539076_52c2786bc5_h.jpg

[bucksfan15]

NML HQ

https://c1.staticflickr.com/6/5735/31135569552_79266aa855_h.jpg

https://c4.staticflickr.com/6/5481/30472576323_9a9b2c79e1_h.jpg

https://c5.staticflickr.com/6/5836/30458858924_b82c70dda2_h.jpg

https://c6.staticflickr.com/6/5769/31165637821_cb18af6b41_h.jpg

Mercantile Building Expansion

https://c3.staticflickr.com/6/5501/30458493274_8fbdc88531_h.jpg

Domus

https://c7.staticflickr.com/6/5601/31243848966_93d95b7438_h.jpg

5 (soon to be) towers in 1 shot...
777/Westin/NML/833/Couture (left to right)

https://c1.staticflickr.com/6/5496/31243933176_bebdbd5904_h.jpg

Westin

https://c2.staticflickr.com/6/5649/30472500873_f114c53713_h.jpg

Couture

https://c1.staticflickr.com/6/5807/30458725184_4ec10e1976_h.jpg

https://c3.staticflickr.com/6/5457/30912688530_6bb0cc6e1c_h.jpg

833 East

https://c3.staticflickr.com/6/5795/31244032666_d05d07b9a0_h.jpg

777

https://c5.staticflickr.com/6/5755/31244160396_de2df14307_h.jpg

https://c2.staticflickr.com/6/5662/31165702641_f12fbd9891_h.jpg

https://c7.staticflickr.com/6/5665/30912831070_1dc23e7f9a_h.jpg

AND since construction just started...
The Streetcar

https://c8.staticflickr.com/6/5540/31165736031_38a31007f7_h.jpg

[LouisVanDerWright]

Thanks for the shots, I was in Milwaukee this weekend and was flabbergasted at how quickly it is changing. I mean it was virtually totally unrecognizable from the last time I was there even earlier this year. The entire Park East scar is under construction all at once. It's like some sort of magical economic line has been crossed that suddenly makes all vacant land near the river in Downtown Milwaukee profitable to build on. So much going on that I needed your pictures to help me understand what I was looking at!

[bucksfan15]

Thanks for the shots, I was in Milwaukee this weekend and was flabbergasted at how quickly it is changing. I mean it was virtually totally unrecognizable from the last time I was there even earlier this year. The entire Park East scar is under construction all at once. It's like some sort of magical economic line has been crossed that suddenly makes all vacant land near the river in Downtown Milwaukee profitable to build on. So much going on that I needed your pictures to help me understand what I was looking at!

Yeah and that's a pretty small sample size of what's going on in Milwaukee. I didn't include any conversions of historic buildings like the Button Block or Germania buildings. I didn't get any of the projects happening on the Upper/Lower East Side. I also didn't hit the Marquette area (near west side), Walker's Point, or Bay View. I'm going to try and hit those areas in the coming week so look for more pictures to follow. Good things happening in Brew City right now though, that's for sure. :cheers:

[bucksfan15]

https://6803l1jplwe1s1hjp4dfnjlb-wpengine.netdna-ssl.com/wp-content/uploads/2016/12/Couture_Rendering_NEW.jpg

Barrett Lo releases updated rendering of The Couture
Demolition underway at Downtown Transit Center (https://www.biztimes.com/2016/12/01/barrett-lo-visionary-development-releases-updated-rendering-of-the-couture/)


With initial demolition work underway at Downtown Transit Center to make way for The Couture development, Barrett Lo Visionary Development unveiled a new rendering of the project by Rinka Chung Architecture.

The $122 million, 44-story luxury apartment building will take 32 months to complete once construction begins in 2017.

[bucksfan15]

Exclusive: Mandel Group plans large Walker's Point office project (http://www.bizjournals.com/milwaukee/news/2016/12/02/exclusivemandel-group-plans-large-walkers-point.html)

A large development that would be anchored by 275,000 square feet of office space along the Milwaukee River in the Walker’s Point neighborhood near downtown Milwaukee is being proposed by Mandel Group Inc.

The buildings would be near East Florida and South Water streets, and could transform 7 acres in that corner of the already booming Milwaukee neighborhood, located just south of downtown Milwaukee. In addition to the office buildings, Mandel Group envisions one apartment building, extensive tree plantings and a riverside green space.

While I generally like the idea, and the renderings look amazing, I don't get why another office building is being proposed when other, already proposed buildings, can not get out of the ground. Irgens has proposed an office building in the Third Ward that can't seem to land tenants. Also, Water Tech I, which was proposed a couple years ago, can not seem to land tenants either. I guess we will see, but I do hope this gets built. I think I'd still rather see Washington Square built though.

[bucksfan15]

The Changing Look of Downtown Milwaukee (http://www.cbs58.com/story/33849188/the-changing-look-of-downtown-milwaukee)

It seems downtown Milwaukee is changing by the day. All of the new construction that is happening now and still to come is giving the skyline a new look.

The cranes and the netting are two good indications that change is on the horizon. $3 billion worth of new development has happened in downtown Milwaukee just since 2005.

"Another $1.3 billion worth of development that is underway right now," said Beth Weirick, CEO of Milwaukee Downtown BID 21.

New buildings are going up everywhere, so it seems there's something to the adage "if you build it, they will come."

[bucksfan15]

Some development news from the suburbs where suburban cities like Wauwatosa, West Allis, Brookfield, and Oak Creek are also exploding with development. The number of units under construction in Wauwatosa rivals that of what's happening in downtown Milwaukee...

Work starts on Mayfair Road apartments (http://www.bizjournals.com/milwaukee/news/2016/12/02/work-starts-on-mayfair-road-apartments.html)

Contractors started moving dirt Nov. 28 for a four-story apartment building on North Mayfair Road that will be complete by January 2018.

Also under construction in Wauwatosa is the 1,000 unit "The District" at the Mayfair Collection, State Street Station, The Reserve, and The Reef with plenty more on the table. :cheers:

[i_am_hydrogen]

Mandel Group Assembles Development Team to Pursue Riverfront Office Development


http://urbanmilwaukee.com/wp-content/gallery/temp/scene-253.jpg

http://urbanmilwaukee.com/wp-content/uploads/2016/12/Scene-291.jpg

MILWAUKEE, WI | Milwaukee‐based developer Mandel Group, Inc. today released conceptual plans for a major office development in the Walker’s Point neighborhood fronting on the Milwaukee River. The overall concentration of new and repurposed office space could total 200,000‐275,000 square feet when completed. While stressing that the plans were preliminary at this time, Mandel Group representatives indicated that the concept is based on extensive market analysis conducted over the past twelve months, together with detailed input from real estate brokers and tenant representatives who are actively engaged in the downtown office market.


Read the rest here: http://urbanmilwaukee.com/pressrelease/mandel-group-assembles-development-team-to-pursue-riverfront-office-development/

[embora]

[B][SIZE="4"]
MILWAUKEE, WI | Milwaukee‐based developer Mandel Group, Inc. today released conceptual plans for a major office development in the Walker’s Point neighborhood fronting on the Milwaukee River. The overall concentration of new and repurposed office space could total 200,000‐275,000 square feet when completed. While stressing that the plans were preliminary at this time, Mandel Group representatives indicated that the concept is based on extensive market analysis conducted over the past twelve months, together with detailed input from real estate brokers and tenant representatives who are actively engaged in the downtown office market.


Read the rest here: http://urbanmilwaukee.com/pressrelease/mandel-group-assembles-development-team-to-pursue-riverfront-office-development/

I want to also share this plan view image included in that same Urban Milwaukee article. It helped me visualize the layout, whereas the article referred to land by its current ownership (Kurth Corp, and the Wisconsin Cold Storage), and I was not familiar with these companies.

http://urbanmilwaukee.com/wp-content/gallery/temp/siteplan_11-28-20162.jpg

[bucksfan15]

New downtown Milwaukee office building planned for BMO Harris (https://www.biztimes.com/2016/12/06/new-downtown-milwaukee-office-building-planned-for-bmo-harris/)

“The building will probably be similar to Irgens’ 833 building (a 17-story office building at 833 E. Michigan St.) with floor plates around 27,000 square feet,” the architect said. “We’re probably looking at only six to seven stories for BMO. Unless they are looking at creating spec space for another company to move in.”

Not too excited by this news. I'm sure it will be a cool looking building (anything will be better than BMO's current tower) but if we only get a 17 story building out of it, while losing a 20 story building, not thrilled by the fact that we are losing some height.

[bucksfan15]

Downtown riverfront development site sold (http://www.jsonline.com/story/money/real-estate/commercial/2016/12/06/downtown-riverfront-development-site-sold/95006072/)

Olson and Pacetti, who operate Edgewater Real Estate LLC, are working on their plans for the vacant building, Olson said. Its location on the RiverWalk makes it a good property for retail use, he said.

Olson also said he and Pacetti wanted to control the property to protect City Hall Square, a 135-unit, six-story development just east of the two-story building.

In May, the Plan Commission approved developer Jason Ladner's plans to buy the two-story building, demolish it and develop an 18-story, high-end apartment building.

The $17 million development would have featured a street-level restaurant that included an outdoor deck, a small office on the second floor and 61 apartments on the remaining levels. However, Ladner dropped those plans last summer.

Super disappointing news. We could have had a BEAUTIFUL 17-story tower but because the neighboring property owners didn't want their views blocked, it seems we are going to be stuck with the crappy building currently there for a while.

[maconahey]

https://6803l1jplwe1s1hjp4dfnjlb-wpengine.netdna-ssl.com/wp-content/uploads/2016/12/Couture_Rendering_NEW.jpg


Kinda reminds me of Museum Tower in Dallas
http://www.rentcafe.com/Content/Marketing/timelapse/Dallas/img/9-2014-Museum-Tower.jpg

[embora]

https://www.google.com/maps/@43.0410309,-87.9092948,3a,75y,126.81h,113.23t/data=!3m6!1e1!3m4!1sH58R-EUuuzWgj4AgnduDqA!2e0!7i13312!8i6656Not too excited by this news. I'm sure it will be a cool looking building (anything will be better than BMO's current tower) but if we only get a 17 story building out of it, while losing a 20 story building, not thrilled by the fact that we are losing some height.

I see what you're saying about the possible reduction in height relative to their current building, but it sounds like the new building would be at the corner where the tired old 6-story (?) tall parking structure is located, so it would actually increase the height at that location. I think answer to the question of whether it renders a net loss of height lies in the height of whatever replaces the 20-story building ... if they tear it down.

A tangential observation: this new BMO Harris building would share an intersection with some pretty dignified company: City Hall, and the Pabst Theater. I hope they maintain a similar setback on Water Street to keep the current view of the City Hall building from Water Street.

[bucksfan15]

https://www.google.com/maps/@43.0410309,-87.9092948,3a,75y,126.81h,113.23t/data=!3m6!1e1!3m4!1sH58R-EUuuzWgj4AgnduDqA!2e0!7i13312!8i6656

I see what you're saying about the possible reduction in height relative to their current building, but it sounds like the new building would be at the corner where the tired old 6-story (?) tall parking structure is located, so it would actually increase the height at that location. I think answer to the question of whether it renders a net loss of height lies in the height of whatever replaces the 20-story building ... if they tear it down.

A tangential observation: this new BMO Harris building would share an intersection with some pretty dignified company: City Hall, and the Pabst Theater. I hope they maintain a similar setback on Water Street to keep the current view of the City Hall building from Water Street.

The more I thought about it, I am excited to see a new tower on that site instead of a parking garage, and I'm sure Irgens will do a great job. I guess I'm a little disappointed that the old building may go. It could use an upgrade but I kind of like it. I just wouldn't want it torn down unless they have a plan for it. Don't want to see a surface lot sitting there.

[LouisVanDerWright]

Yeah, the old M&I building is quite nice and fortunately it's garage is detached and expendable. Unfortunately we are in that sweet spot for mid century buildings to be trashed regardless of quality. Just like Victorian architecture in the 1950's or Deco in the 1970's. No respect 50-60 years down the line for any style. The M&I building is fairly attractive as is and if there are serious structural failings, it's likely because of pathetically huge amounts of deferred maintenance, not any design failing.

[Steely Dan]

this is from someone claiming insider knowledge on the project over at SSC, so grains of salt and all of that.

The new BMO Financial Center will be a 25 story, 335 foot tall office tower.

As for 770 N. Water Irgens will take possession of the building and refurbish it in preparation for new tenants.

if true, it sounds like a win-win! the ugly old parking garage gets knocked down for new office tower and the old mid-century building gets refurbished.

[bucksfan15]

this is from someone claiming insider knowledge on the project over at SSC, so grains of salt and all of that.



if true, it sounds like a win-win! the ugly old parking garage gets knocked down for new office tower and the old mid-century building gets refurbished.

If that is the case, this is news that I'm extremely excited for. Having a new, tallish, 25-story tower there would only make an already dense part of Milwaukee's CBD, even more impressive. Milwaukee basically has 2 CBD's in the lakefront and the river, I love that both are getting built up.

I just like the current BMO building and I love how they light it up for special occasions like the Bucks and Summerfest. I would hate to lose that and watch a surface lot sit in the middle of a very dense part of CBD while we wait for something to be proposed.

[Steely Dan]

^ the info has been confirmed. i've made a new thread for the new project in the proposals sub-forum. here's the link:

:cool: MILWAUKEE | BMO Harris Financial Center | 335 FT | 25 FLOORS (http://forum.skyscraperpage.com/showthread.php?t=226142)

[bucksfan15]

^ the info has been confirmed. i've made a new thread for the new project in the proposals sub-forum. here's the link:

:cool: MILWAUKEE | BMO Harris Financial Center | 335 FT | 25 FLOORS (http://forum.skyscraperpage.com/showthread.php?t=226142)

^^^^^^

https://www.biztimes.com/wp-content/uploads/2016/12/NewBMOtower2-1.jpg

https://www.biztimes.com/wp-content/uploads/2016/12/NewBMOtower2-2.jpg

[bucksfan15]

I like the added glass to that part of downtown. There's a whole lot of brown buildings in that area, it needs some diversity. I like the height and added density to an already dense part of our 2nd CBD. I like that this development is along the river and not the lake where everything else is happening. I dislike the curved corner on the NW side of the building but I like the straight corner on the NE side. I think Irgens did a horrible job blending the parking garage into the building but overall, I'll take it. I think I'll reserve judgement until I see the finished product but as of right now, I think Irgens did a better job on 833. I'm happy with this addition but I'm even happier that Irgens is saving BMO's current building.

[bucksfan15]

BMO Harris tower latest signal of downtown boom (http://www.jsonline.com/story/money/real-estate/commercial/2016/12/08/bmo-harris-michael-best-anchor-new-office-tower/95136556/)

Those projects, announced by the Irgens development firm, are among the latest in a series of large developments remaking the downtown skyline. They include the new $524 million Milwaukee Bucks arena; an entertainment center that the basketball club's owners will build; Northwestern Mutual's $450 million office tower; a $100 million, 33-story apartment high-rise that Northwestern Mutual is building as an investment; and developer Rick Barrett's planned $122 million, 44-story Couture apartment high-rise.

"There's never been a building boom in this city like we are seeing," city Development Commissioner Rocky Marcoux said at a news conference announcing Irgens' new office tower, dubbed the BMO Harris Financial Center.

[bucksfan15]

https://c1.staticflickr.com/1/220/31165134320_cba48263ae_h.jpg (https://flic.kr/p/PtXsE5)I see you NML (https://flic.kr/p/PtXsE5) by bucksfan86 (https://www.flickr.com/photos/123920798@N02/), on Flickr

https://c4.staticflickr.com/1/652/31536985915_6c2bb11143_h.jpg (https://flic.kr/p/Q3Pibt)Milwaukee (https://flic.kr/p/Q3Pibt) by bucksfan86 (https://www.flickr.com/photos/123920798@N02/), on Flickr

https://c7.staticflickr.com/1/42/31498867966_a4edf1c03e_h.jpg (https://flic.kr/p/PZrW3s)Fear the Deer (https://flic.kr/p/PZrW3s) by bucksfan86 (https://www.flickr.com/photos/123920798@N02/), on Flickr

https://c7.staticflickr.com/1/312/31498859086_af9132de6e_h.jpg (https://flic.kr/p/PZrTpm)Fear the Deer (https://flic.kr/p/PZrTpm) by bucksfan86 (https://www.flickr.com/photos/123920798@N02/), on Flickr