MILWAUKEE | The Edison | 362 FT | 32 FLOORS | ON HOLD

[Steely Dan]

Originally Posted by Urbannizer

Tariffs put record-breaking Milwaukee skyscraper project on hold

Well that stinks.

They got the foundation completed.

Now the site will sit empty.

Let's hope they can figure out the money and get the project back on track soon.

[Urbannizer]

https://www.enr.com/articles/62132-contr...r-stalled-mass-timber-tower-in-milwaukee

Construction has been halted for several months on The Edison, a $230-million, 32-story mass timber-concrete hybrid tower in downtown Milwaukee. Now, the project’s general contractor has filed more than $14 million in construction liens against the developer for unpaid work on The Edison and on a second project in Madison, Wis.

C.D. Smith Construction, based in Fond du Lac, Wis., filed a $10.15-million construction lien against The Edison SPE LLC, an affiliate of Madison-based Neutral, for work on The Edison. When announced in 2024, the 378-unit tower was expected to become the tallest mass timber building in North America, surpassing the 25-story Ascent in Milwaukee.

The second lien—totaling $4.1 million—was filed for Baker’s Place, a 13-story, 206-unit apartment building in Madison that was completed in May. That project was also developed by Neutral.

[Urbannizer]

Milwaukee mass timber tower, billed as nation’s tallest, reportedly advancing to foreclosure: MJS

The unfinished Edison tower in Milwaukee, once billed by developer Neutral as “the tallest mass timber building in America,” could hit the market after a judge granted a foreclosure judgment, the Milwaukee Journal Sentinel reported.

General contractor C.D. Smith Construction Inc. was granted default judgment on June 29 by Milwaukee County Circuit Judge Glenn Yamahiro. The outlet reported that the contractor, which could sell the property to another developer if it ends up with the site, will need to make an additional filing before the judge issues a foreclosure order.

On March 6, Fond du Lac, Wisconsin-based C.D. Smith Construction filed to seek the foreclosure sale of the parcel at 1005 N. Edison St. in Madison, claiming it was owed $11.3 million, the Milwaukee Journal Sentinel reported. It sued Neutral affiliates The Edison SPE and The Edison Project LLC.

After Neutral broke ground on The Edison in June 2025, the mixed-use project received significant hype as the tallest mass-timber building in the United States.

However, Neutral paused work on the project in September as a temporary measure to reduce costs and optimize the budget amid tariff and inflation pressures, according to the Milwaukee Journal Sentinel.