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Milwaukee Downtown, BID #21 l 600 East Wells Street l Milwaukee, WI 53202 l MilwaukeeDowntown.com CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE 1433 WATER Formerly the site of Laacke & Joys, this $33 million project boasts 113,000 SF of office space, anchored by the relocation of Brookfield-based Bader Rutter. Co-working Spaces will soon occupy an additional 43,000 SF. GERMANIA BUILDING A $22 million conversion was completed turning Class C office space into a multi-family building in the blossoming Westown neighborhood. The building features 46 market-rate and 44 affordable rental units. NORTHWESTERN MUTUAL HEADQUARTERS Anchoring the lakefront redevelopment boom, the $450 million, 32-story Northwestern Mutual headquarters is the largest office building in the state. The new tower preserves 1,100 jobs and will create 1,900 new jobs. 7SEVENTY7 West of the new headquarters, Northwestern Mutual is building a $100 million, 34-story tower featuring 300 apartments, 1,400 parking stalls and approximately 10,000 SF of ground floor commercial space. HOMEWOOD SUITES The $17 million adaptive reuse of the seven-story historic Button Block Building features 94 extended-stay hotel rooms and serves as a key connection between downtown and the Historic Third Ward. Homewood Suites opened in 2017. THE COUTURE Redefining Milwaukee’s lakefront skyline, The Couture, a $122 million, 44-story mixed-use tower, will feature 300 apartments, 50,000 SF of retail space, and an intermodal transit hub for the streetcar and proposed bus rapid transit. Construction is expected to start in late 2018. TWO-FIFTY New owners invested $8.5 million to reposition the 20-story office tower with premier, top-of-the-industry amenities and building systems. Two-Fifty also offers proximity to The Milwaukee Streetcar. A new ground floor restaurant will open in 2018. THE NORTH END The $190 million, five-phase project on a former tannery site is now completely redeveloped featuring 649 apartments and 43,800 SF of retail space. The development incorporates Fresh Thyme Farmers Market, Denim Park, and a significant Riverwalk extension. THE SHOPS OF GRAND AVENUE The $60 million investment in the Grand Avenue will reposition the property as a mixed-use hub featuring 120,000 SF of office space, co-working and innovation spaces, Milwaukee’s first food hall, specialty retail, and 50 housing units known as Plankinton Clover apartments. This ongoing list represents active and publicly announced projects in Downtown Milwaukee. This list is compiled and maintained by Milwaukee Downtown through a variety of independent sources. Please contact Milwaukee Downtown, 414.220.4700 or [email protected], with additions, deletions or corrections. Created in Summer 2018. THE HOP PRESENTED BY POTAWATOMI HOTEL & CASINO The $128.1 million investment in the Phase 1 and Lakefront Lines will connect the Milwaukee Intermodal Station with the Lower East Side, East Town, Historic Third Ward and Milwaukee’s lakefront with its 2.5-mile long route. The system is expected to begin service in late 2018. WESTIN HOTEL The $50 million, 10-story Westin features 220 rooms, 9,000 SF of meeting space, 5,000 SF of ballroom space, and is connected via skyways to the U.S. Bank Center and 833 East Michigan. The Westin opened in June 2017. FISERV FORUM The $524 million Fiserv Forum will anchor a new neighborhood in the Park East corridor. Phase 1 includes a 1,200-stall parking structure, 55,000- SF training facility, Froedtert Medical Center, 112 apartments and a new entertainment block. BMO HARRIS FINANCIAL CENTRE This new $137 million, 25-story high-rise will create new HQ space for BMO Harris Bank. Michael Best & Friedrich will also be a major tenant. Retail opportunities and 647 parking stalls are included in development plans. Completion is slated for late 2019. 83,490 112 = 86 jobs per acre Downtown Walk Score of down from 20.8% in Q2 2015 Downtown workers living within one mile of downtown housing units completed in 2018 or currently under construction tourism sales for Milwaukee County Bublr Bikes Stations RETAIL SPACE vacancy rate compared to the 4.8% five-year average City’s property value within downtown’s 2.7 square miles Length of the Phase 1 & Lakefront Line Streetcar Routes 18.9% 1,680 87 3.5% 31% 2,350 + 67,000 + $3.5 BILLION 2.5 MILES Q2 2018 OFFICE AVAILABILITY JOBS HELD DOWNTOWN NEW HOTEL ROOMS SINCE 2016 26,000 Downtown Residents and Growing higher education students DEVELOPMENT SINCE 2010 revenue generated by nighttime economy extremely high job density $240 MILLION $2.9+ BILLION DOWNTOWN MILWAUKEE AREA INVESTMENT MAP www.milwaukeedowntown.com while occupancy & rates continue to rise MSOE DWIGHT AND DIAN DIERCKS COMPUTATIONAL SCIENCE HALL MSOE started construction on a $34 million, 64,000-SF facility that will position the university as a national leader in artificial intelligence education. MILWAUKEE SYMPHONY ORCHESTRA The Milwaukee Symphony Orchestra (MSO) purchased the former Warner Grand Theater and is embarking on an $89 million redevelopment that will create a new performance and rehearsal center. The project transforms a building that has been vacant since 1995. 833 EAST MICHIGAN This new 18-story, 358,000-SF Class A building is anchored by Godfrey & Kahn, and is now nearly 90% leased. The building, constructed by Irgens, is skywalk connected to the U.S. Bank Center and will be serviced by the future lakefront streetcar extension.

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Page 1: CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE … › sites › default › files › do-busi… · CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE 1433 WATER Formerly the site

Milwaukee Downtown, BID #21 l 600 East Wells Street l Milwaukee, WI 53202 l MilwaukeeDowntown.com

CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE

1433 WATERFormerly the site of Laacke & Joys, this $33 million project boasts 113,000 SF of office space, anchored by the relocation of Brookfield-based Bader Rutter. Co-working Spaces will soon occupy an additional 43,000 SF.

GERMANIA BUILDINGA $22 million conversion was completed turning Class C office space into a multi-family building in the blossoming Westown neighborhood. The building features 46 market-rate and 44 affordable rental units.

NORTHWESTERN MUTUAL HEADQUARTERSAnchoring the lakefront redevelopment boom, the $450 million, 32-story Northwestern Mutual headquarters is the largest office building in the state. The new tower preserves 1,100 jobs and will create 1,900 new jobs.

7SEVENTY7West of the new headquarters, Northwestern Mutual is building a $100 million, 34-story tower featuring 300 apartments, 1,400 parking stalls and approximately 10,000 SF of ground floor commercial space.

HOMEWOOD SUITESThe $17 million adaptive reuse of the seven-story historic Button Block Building features 94 extended-stay hotel rooms and serves as a key connection between downtown and the Historic Third Ward. Homewood Suites opened in 2017.

THE COUTURERedefining Milwaukee’s lakefront skyline, The Couture, a $122 million, 44-story mixed-use tower, will feature 300 apartments, 50,000 SF of retail space, and an intermodal transit hub for the streetcar and proposed bus rapid transit. Construction is expected to start in late 2018.

TWO-FIFTYNew owners invested $8.5 million to reposition the 20-story office tower with premier, top-of-the-industry amenities and building systems. Two-Fifty also offers proximity to The Milwaukee Streetcar. A new ground floor restaurant will open in 2018.

THE NORTH ENDThe $190 million, five-phase project on a former tannery site is now completely redeveloped featuring 649 apartments and 43,800 SF of retail space. The development incorporates Fresh Thyme Farmers Market, Denim Park, and a significant Riverwalk extension.

THE SHOPS OF GRAND AVENUEThe $60 million investment in the Grand Avenue will reposition the property as a mixed-use hub featuring 120,000 SF of office space, co-working and innovation spaces, Milwaukee’s first food hall, specialty retail, and 50 housing units known as Plankinton Clover apartments.

This ongoing list represents active and publicly announced projects in Downtown Milwaukee. This list is compiled and maintained by Milwaukee Downtown through a variety of independent sources. Please contact Milwaukee Downtown, 414.220.4700 or [email protected], with additions, deletions or corrections. Created in Summer 2018.

THE HOP PRESENTED BY POTAWATOMI HOTEL & CASINOThe $128.1 million investment in the Phase 1 and Lakefront Lines will connect the Milwaukee Intermodal Station with the Lower East Side, East Town, Historic Third Ward and Milwaukee’s lakefront with its 2.5-mile long route. The system is expected to begin service in late 2018.

WESTIN HOTELThe $50 million, 10-story Westin features 220 rooms, 9,000 SF of meeting space, 5,000 SF of ballroom space, and is connected via skyways to the U.S. Bank Center and 833 East Michigan. The Westin opened in June 2017.

FISERV FORUMThe $524 million Fiserv Forum will anchor a new neighborhood in the Park East corridor. Phase 1 includes a 1,200-stall parking structure, 55,000-SF training facility, Froedtert Medical Center, 112 apartments and a new entertainment block.

BMO HARRIS FINANCIAL CENTREThis new $137 million, 25-story high-rise will create new HQ space for BMO Harris Bank. Michael Best & Friedrich will also be a major tenant. Retail opportunities and 647 parking stalls are included in development plans. Completion is slated for late 2019.

83,490

112 =

86

jobs per acre

Downtown Walk Score of

down from 20.8% in Q2 2015

Downtownworkers

living withinone mile ofdowntown

housing units completed in 2018 or currently under construction

tourism sales forMilwaukee County

Bublr BikesStations

RETAIL SPACEvacancy rate

compared to the4.8% five-year average

City’s property value within downtown’s

2.7 square miles

Length of the Phase 1& Lakefront LineStreetcar Routes

18.9% 1,680

87

3.5%

31%

2,350+

67,000+

$3.5BILLION

2.5MILES

Q2 2018 OFFICEAVAILABILITY

JOBS HELD DOWNTOWN

NEW HOTEL ROOMSSINCE 2016

26,000Downtown Residents

and Growing

higher education students

DEVELOPMENT SINCE 2010

revenue generated by nighttime economy

extremelyhigh jobdensity

$240MILLION

$2.9+BILLION

DOWNTOWN MILWAUKEEAREA INVESTMENT MAP

www.milwaukeedowntown.com

while occupancy & ratescontinue to rise

MSOE DWIGHT AND DIAN DIERCKS COMPUTATIONAL SCIENCE HALLMSOE started construction on a $34 million, 64,000-SF facility that will position the university as a national leader in artificial intelligence education.

MILWAUKEE SYMPHONY ORCHESTRAThe Milwaukee Symphony Orchestra (MSO) purchased the former Warner Grand Theater and is embarking on an $89 million redevelopment that will create a new performance and rehearsal center. The project transforms a building that has been vacant since 1995.

833 EAST MICHIGANThis new 18-story, 358,000-SF Class A building is anchored by Godfrey & Kahn, and is now nearly 90% leased. The building, constructed by Irgens, is skywalk connected to the U.S. Bank Center and will be serviced by the future lakefront streetcar extension.

DMK24296_SummerInvestmentMap_2018_Fnl.indd 1 8/15/18 1:45 PM

Page 2: CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE … › sites › default › files › do-busi… · CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE 1433 WATER Formerly the site

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COMMERCIAL RESIDENTIAL HOSPITALITY EDUCATION/CIVIC INFRASTRUCTURE

0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

Total Downtown Investment2005 to Present:

$7.7+ Billion

Percentage ofTotal Projects

by Industry Sector

$625,650,000$625,650,000

$635,500,000$635,500,000$973,600,000$973,600,000

• COMMERCIAL

• RESIDENTIAL

• HOSPITALITY

• EDUCATION/CIVIC

• INFRASTRUCTURE

COMMERCIAL RESIDENTIAL

$421,000,000$421,000,000$ , , 000$ , ,$95 400 000$95,400,000$95 400 000$95,400,000$150,000,000$ , ,$$150,000,000

$56,000,000$$56 000 000$56 000 000$56,000,000HOSPITALITY INFRASTRUCTURE

• COMPLETED (2005 — 2010)

• COMPLETE (2010 — PRESENT)

• UNDER CONSTRUCTION

• PROPOSED

Investment Totals by Industry Sector & Development Phase

$311,600,000$311,600,000

$480,500,000$480,500,000

$829,000,000$829,000,000

$162,700,000$ , ,$162,700,000

$290,300,000$290,300,000

$598,900,000$598,900,000

$711,600,000$711,600,000

$ , ,$211,800,000$211,800,000$211,800,000

EDUCATION/CIVIC

, ,, ,$170,000,000$170,000,000$170 000 000$170,000,000$402,000,000$402,000,000

$134,527,000000$134,527,000$134 527 000$134,527,000$134 527 000$134,527,000$93 500 000$93,500,000$93,500,000$$$$93,500,000

$376,900,000$376,900,000

$2,964,150,000$2,964,150,000

$2,039,600,000$2,039,600,000

$1,001,827,0000$1,001,827,000

$1,724,900,000$1,724,900,000

• PROPOSED • UNDER CONSTRUCTION • COMPLETED (2010 — PRESENT) • COMPLETED (2005 — 2010)

25.5%25.5%

41%41%

11.3%11.3%

12.3%12.3%

9.9%9.9%

0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

Total Downtown Investment2005 to Present:

$7.7+ Billion

Percentage ofTotal Projects

by Industry Sector

$625,650,000$625,650,000

$635,500,000$635,500,000$973,600,000$973,600,000

• COMMERCIAL

• RESIDENTIAL

• HOSPITALITY

• EDUCATION/CIVIC

• INFRASTRUCTURE

COMMERCIAL RESIDENTIAL

$421,000,000$421,000,000$ , , 000$ , ,$95 400 000$95,400,000$95 400 000$95,400,000$150,000,000$ , ,$$150,000,000

$56,000,000$$56 000 000$56 000 000$56,000,000HOSPITALITY INFRASTRUCTURE

• COMPLETED (2005 — 2010)

• COMPLETE (2010 — PRESENT)

• UNDER CONSTRUCTION

• PROPOSED

Investment Totals by Industry Sector & Development Phase

$311,600,000$311,600,000

$480,500,000$480,500,000

$829,000,000$829,000,000

$162,700,000$ , ,$162,700,000

$290,300,000$290,300,000

$598,900,000$598,900,000

$711,600,000$711,600,000

$ , ,$211,800,000$211,800,000$211,800,000

EDUCATION/CIVIC

, ,, ,$170,000,000$170,000,000$170 000 000$170,000,000$402,000,000$402,000,000

$134,527,000000$134,527,000$134 527 000$134,527,000$134 527 000$134,527,000$93 500 000$93,500,000$93,500,000$$$$93,500,000

$376,900,000$376,900,000

$2,964,150,000$2,964,150,000

$2,039,600,000$2,039,600,000

$1,001,827,0000$1,001,827,000

$1,724,900,000$1,724,900,000

• PROPOSED • UNDER CONSTRUCTION • COMPLETED (2010 — PRESENT) • COMPLETED (2005 — 2010)

25.5%25.5%

41%41%

11.3%11.3%

12.3%12.3%

9.9%9.9%

0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

Total Downtown Investment2005 to Present:

$7.7+ Billion

Percentage ofTotal Projects

by Industry Sector

$625,650,000$625,650,000

$635,500,000$635,500,000$973,600,000$973,600,000

• COMMERCIAL

• RESIDENTIAL

• HOSPITALITY

• EDUCATION/CIVIC

• INFRASTRUCTURE

COMMERCIAL RESIDENTIAL

$421,000,000$421,000,000$ , , 000$ , ,$95 400 000$95,400,000$95 400 000$95,400,000$150,000,000$ , ,$$150,000,000

$56,000,000$$56 000 000$56 000 000$56,000,000HOSPITALITY INFRASTRUCTURE

• COMPLETED (2005 — 2010)

• COMPLETE (2010 — PRESENT)

• UNDER CONSTRUCTION

• PROPOSED

Investment Totals by Industry Sector & Development Phase

$311,600,000$311,600,000

$480,500,000$480,500,000

$829,000,000$829,000,000

$162,700,000$ , ,$162,700,000

$290,300,000$290,300,000

$598,900,000$598,900,000

$711,600,000$711,600,000

$ , ,$211,800,000$211,800,000$211,800,000

EDUCATION/CIVIC

, ,, ,$170,000,000$170,000,000$170 000 000$170,000,000$402,000,000$402,000,000

$134,527,000000$134,527,000$134 527 000$134,527,000$134 527 000$134,527,000$93 500 000$93,500,000$93,500,000$$$$93,500,000

$376,900,000$376,900,000

$2,964,150,000$2,964,150,000

$2,039,600,000$2,039,600,000

$1,001,827,0000$1,001,827,000

$1,724,900,000$1,724,900,000

• PROPOSED • UNDER CONSTRUCTION • COMPLETED (2010 — PRESENT) • COMPLETED (2005 — 2010)

25.5%25.5%

41%41%

11.3%11.3%

12.3%12.3%

9.9%9.9%

UNPRECEDENTED INVESTMENT SPURRING GROWTH & BUILDING MOMENTUMDowntown Milwaukee is experiencing record growth with more than $2.9 billion invested in private and public projects since 2010. This adds to the additional $2 billion completed in the previous five years. This momentum continues to build with more than $2.7 billion currently under construction or slated to start soon! All of this investment is forever changing Downtown’s skyline and leading an unprecedented renaissance for the City, region and state as a whole.

The developments depicted have been completed in or after 2010, are currently under construction

or expected to start soon!

Market Trends Complement Soaring InvestmentDowntown Milwaukee’s development momentum is complemented by strong market indicators, which project a healthy central business district. • 83,490+ downtown employees• 26,000+ downtown residents• 6+ million annual

downtown venue visitors • 67,000+ higher

education students• 2,350+ housing units completed in

2018 or currently under construction• 1,680 hotel rooms under

construction or completed since 2016 (while occupancy and rates continue to rise)

VISIT WWW.MILWAUKEEDOWNTOWN.COM/DOING-BUSINESS FOR MORE INFORMATION.

COMPLETED 2005 — 2010

$2,039,600,000PUBLIC AND PRIVATE INVESTMENT DOWNTOWN

COMPLETED 2010 — PRESENT

$2,964,150,000+PUBLIC AND PRIVATE INVESTMENT DOWNTOWN

UNDER CONSTRUCTION

$1,001,827,000+PROPOSED

$1,724,900,000+

DMK24296_SummerInvestmentMap_2018_Fnl.indd 2 8/15/18 1:45 PM

Page 3: CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE … › sites › default › files › do-busi… · CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE 1433 WATER Formerly the site

COMMERCIALCOMPLETED PROJECTS SINCE 2010 1. Bartolotta Headquarters . . . . . . . . . . . . . $1,100,000 2. Iron Block Building/Dental Associates. . . $9,000,000 3. Schlitz Park . . . . . . . . . . . . . . . . . . . . . .$62,000,000 4. Associated Bank - Haymarket Square . . . . . . . . . .N/A 5. Pabst Business Center. . . . . . . . . . . . . . $13,500,000 6. Mayer Building Redevelopment . . . . . . . . . . . . . . .N/A 7. Summerfest Office . . . . . . . . . . . . . . . . . $5,100,000 8. Dohmen Co. Headquarters . . . . . . . . . . . $10,000,000 9. 833 East Michigan. . . . . . . . . . . . . . . . $101,500,000 10. 411 East Wisconsin Center . . . . . . . . . . $17,500,000 11. Life Storage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 12. Red Arrow Labs . . . . . . . . . . . . . . . . . . . . . . . . . . .N/A 13. Layer One Media . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 14. Pabst Milwaukee Brewery. . . . . . . . . . . . $6,000,000 15. Bader Rutter Headquarters . . . . . . . . . .$33,000,000 16. MGIC Renovations . . . . . . . . . . . . . . . . . . . . . . . . . N/A 17. Aloria Health Facility . . . . . . . . . . . . . . . . $2,000,000 18. Northwestern Mutual Headquarters . .$450,000,000 19. Bucks Training Center . . . . . . . . . . . . . .$30,000,000 20. Froedtert &

MCW McKinley Health Center . . . . . . . . $10,000,000 21. WESC Parking Deck . . . . . . . . . . . . . . . .$43,000,000 22. Two-Fifty . . . . . . . . . . . . . . . . . . . . . . . . $8,500,000 23. Mercantile Building Expansion. . . . . . . . . . . . . . . .N/A 24. Schlitz Park (Badger Liquor) . . . . . . . . .$20,000,000 25. Mitchell Building . . . . . . . . . . . . . . . . . . . $6,800,000

$829,000,000+

UNDER CONSTRUCTION 26. Wells Building. . . . . . . . . . . . . . . . . . . . . $17,000,000 27. Hammes Co. Headquarters . . . . . . . . . .$30,000,000 28. Plaza East Renovation . . . . . . . . . . . . . . . . . . . . . .N/A 29. Jennaro Brothers Building . . . . . . . . . . . . . . . . . . .N/A 30. The 42 (Milwaukee Brewing Co.) . . . . . . $11,600,000 31. Leinenkugel Brewery Expansion . . . . . .$50,000,000 32. BMO Harris Financial Centre . . . . . . . . $137,000,000 33. The Shops of Grand Avenue

Redevelopment. . . . . . . . . . . . . . . . . . . .$66,000,000 34. 100 East Wisconsin Renovation. . . . . . . . . . . . . . .N/A 35. No Studios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A

$311,600,000+

PROPOSED PROJECTS 36. Lakefront Brewery Expansion . . . . . . . . . $7,000,000 37. Hammes Co. Phase 2 . . . . . . . . . . . . . . .$50,000,000 38. One Catalano Square . . . . . . . . . . . . . . .$43,000,000 39. Schlitz Park Expansion. . . . . . . . . . . . . . $76,000,000 40. Post Office Redevelopment . . . . . . . . . . . . . . . . . .N/A 41. Edison Place. . . . . . . . . . . . . . . . . . . . . $119,000,000 42. BMO Harris Tower Redevelopment . . . .$90,000,000 43. 875 South Tower 2 . . . . . . . . . . . . . . . . . . . . . . . . N/A 44. 310 W. Wisconsin Upgrades. . . . . . . . . . $10,000,000 45. Hardware Headquarters. . . . . . . . . . . . . $10,000,000 46. Milwaukee Athletic Club Rehab . . . . . . . $57,500,000 47. Milwaukee News Building Rehab. . . . . . . . . . . . . .N/A 48. 830 N. Plankinton Offices. . . . . . . . . . . . $7,000,000 49. Foxconn HQ/Wisconn Valley. . . . . . . . . . . . . . . . . .N/A 50. St. James Episcopal Events Venue . . . . . . . . . . . N/A 51. HUB640 . . . . . . . . . . . . . . . . . . . . . . . . . $11,000,000

$480,500,000+

RESIDENTIALCOMPLETED PROJECTS SINCE 2010 1. The North End (Five Phases) . . . . . . . . $190,000,000 2. Corcoran Lofts . . . . . . . . . . . . . . . . . . . . $12,000,000 3. Jackson Square . . . . . . . . . . . . . . . . . . . . $5,600,000 4. Beerline B Apartments. . . . . . . . . . . . . .$20,500,000 5. The Moderne . . . . . . . . . . . . . . . . . . . . .$55,000,000 6. 1910 N Water. . . . . . . . . . . . . . . . . . . . . $11,500,000 7. Plankinton Lofts. . . . . . . . . . . . . . . . . . . . $6,000,000 8. Brewery Point Apartments . . . . . . . . . . . $8,400,000 9. East Terrace**. . . . . . . . . . . . . . . . . . . . . $1,820,000 10. Avante Apartments** . . . . . . . . . . . . . . . $4,680,000 11. Sage on Jackson** . . . . . . . . . . . . . . . . . $2,600,000 12. Chicago Street Lofts** . . . . . . . . . . . . . . $3,900,000 13. Frederick Lofts. . . . . . . . . . . . . . . . . . . .$20,000,000 14. Avenir, Phase 1 . . . . . . . . . . . . . . . . . . . $20,700,000 15. MKE Lofts . . . . . . . . . . . . . . . . . . . . . . .$23,500,000 16. 700 Lofts . . . . . . . . . . . . . . . . . . . . . . . . . $6,700,000 17. The Buckler . . . . . . . . . . . . . . . . . . . . . .$30,600,000 18. Martin Building Redevelopment . . . . . . . . . . . . . . .N/A 19. Belay Apartments . . . . . . . . . . . . . . . . . $11,000,000 20. Walker’s Landing . . . . . . . . . . . . . . . . . . $19,500,000 21. Mackie Flats. . . . . . . . . . . . . . . . . . . . . . $12,400,000 22. Mitchell On Water . . . . . . . . . . . . . . . . . . $8,500,000 23. The Rhythm . . . . . . . . . . . . . . . . . . . . . . $10,000,000 24. River House Apartments, Phase 1 . . . . .$40,000,000 25. Germania Apartments . . . . . . . . . . . . . .$22,000,000

COMPLETED PROJECTS SINCE 2010 (continued) 26. Broadway Market Lofts. . . . . . . . . . . . . . $1,200,000 27. Domus Apartments . . . . . . . . . . . . . . . .$30,000,000 28. Keystone on Brady . . . . . . . . . . . . . . . . . . . . . . . . . N/A 29. The Atelier . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 30. Pritzlaff Apartments . . . . . . . . . . . . . . .$25,000,000 31. Encore . . . . . . . . . . . . . . . . . . . . . . . . . . . $5,250,000 32. Haymarket Lofts . . . . . . . . . . . . . . . . . . $17,300,000

$625,650,000+

UNDER CONSTRUCTION 33. 7Seventy7 . . . . . . . . . . . . . . . . . . . . . . $100,000,000 34. The Brewery Lofts. . . . . . . . . . . . . . . . . $41,000,000 35. Century Building . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 36. Vim and Vigor . . . . . . . . . . . . . . . . . . . . .$40,000,000 37. Fortress Apartments . . . . . . . . . . . . . . .$43,000,000 38. Five Fifty Ultra Lofts . . . . . . . . . . . . . . . $17,500,000 39. 735 West . . . . . . . . . . . . . . . . . . . . . . . . $15,000,000 40. Vantage on the Park. . . . . . . . . . . . . . . . . . . . . . . .N/A 41. St. Anthony Apartments . . . . . . . . . . . . $13,800,000 42. Plankinton Clover . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 43. Paintball Dave’s Apartments . . . . . . . . . . . . . . . . .N/A 44. The Easton Apartments . . . . . . . . . . . . .$20,000,000 45. Nine10 at Land Place . . . . . . . . . . . . . . . . . . . . . . .N/A

$290,300,000+

PROPOSED PROJECTS 46. The Couture . . . . . . . . . . . . . . . . . . . . .$122,000,000 47. The Portfolio . . . . . . . . . . . . . . . . . . . . $100,000,000 48. River House Apartments, Phase 2 . . . . . . . . . . . . .N/A 49. Wangard PERC Block #22 . . . . . . . . . . .$52,000,000 50. Avenir, Phases 2 & 3 . . . . . . . . . . . . . . . $31,100,000 51. Wangard Condos . . . . . . . . . . . . . . . . . . $24,000,000 52. Bookends North . . . . . . . . . . . . . . . . . . .$60,000,000 53. St. Rita’s Square Senior Center . . . . . . .$20,000,000 54. Renner Townhomes . . . . . . . . . . . . . . . . . $3,000,000 55. Hansen Storage Apartments . . . . . . . . . . . . . . . . .N/A 56. Mackie South . . . . . . . . . . . . . . . . . . . . .$30,000,000 57. Third Ward Fire House . . . . . . . . . . . . . . . . . . . . . .N/A 58. Third Ward Apartments

& WE Substation . . . . . . . . . . . . . . . . . $101,800,000 59. Ogden’s Water/Jackson Project . . . . . . . . . . . . . . .N/A 60. Goll Mansion . . . . . . . . . . . . . . . . . . . . .$55,000,000 61. Streetcar Lofts . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A

$598,900,000+

DOWNTOWN PROPERTY LISTINGSBY CATEGORY commercial | residential | hospitality | education/civic | infrastructure

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HOSPITALITYCOMPLETED PROJECTS SINCE 2010 1. Brewhouse Inn & Suites . . . . . . . . . . . . $19,000,000 2. Hilton Garden Inn . . . . . . . . . . . . . . . . . . $18,000,000 3. Marriott Hotel . . . . . . . . . . . . . . . . . . . .$54,000,000 4. Potawatomi Casino Hotel . . . . . . . . . . $150,000,000 5. SpringHill Suites . . . . . . . . . . . . . . . . . .$30,000,000 6. Kimpton Hotel . . . . . . . . . . . . . . . . . . . . $51,000,000 7. Westin Hotel. . . . . . . . . . . . . . . . . . . . . .$50,000,000 8. Homewood Suites . . . . . . . . . . . . . . . . . $17,000,000 9. Double Tree Renovation . . . . . . . . . . . . . . $5,000,000 10. Hyatt Place at The Brewery . . . . . . . . . $27,000,000

$421,000,000

UNDER CONSTRUCTION 11. Drury Plaza Hotel . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 12. Potawatomi Hotel Expansion . . . . . . . . .$80,000,000 13. Intercontinental ArtHouse Hotel . . . . . . . . . . . . . .N/A 14. Cambria Hotel . . . . . . . . . . . . . . . . . . . . $15,400,000

$95,400,000+

PROPOSED PROJECTS 15. Provenance Hotel . . . . . . . . . . . . . . . . . .$60,000,000 16. Former Laacke & Joys Hotel . . . . . . . . . . . . . . . . .N/A 17. St. Paul & Water Street Hotel . . . . . . . .$90,000,000 18. Marriott Autograph Renovation . . . . . . . . . . . . . . .N/A 19. Hyatt Regency Renovation . . . . . . . . . . . . . . . . . .N/A20. Tru & Home2Suites by Hilton and

Holiday Inn Express . . . . . . . . . . . . . . . . . . . . . . . .N/A

$150,000,000+

EDUCATION/CIVICCOMPLETED PROJECTS SINCE 2010 1. Summerfest Improvements . . . . . . . . . .$35,000,000 2. MSOE Parking Structure . . . . . . . . . . . .$30,000,000 3. MSOE Student/Faculty Housing . . . . . .$25,000,000 4. Two50Two MIAD Dorms . . . . . . . . . . . . . . . . . . . .N/A 5. Milwaukee Art Museum/War Memorial $31,300,000 6. Eleven25 at Pabst . . . . . . . . . . . . . . . . .$42,000,000 7. UWM Panther Arena Renovations . . . . . . $6,300,000 8. Summerfest North Gate/Plaza. . . . . . . . . . . . . . . .N/A 9. Firserv Forum. . . . . . . . . . . . . . . . . . . .$524,000,000 10. Discovery World Expansion . . . . . . . . . . $18,000,000

$711,600,000+

UNDER CONSTRUCTION 11. Entertainment Block . . . . . . . . . . . . . . . $12,000,000 12. Milwaukee Symphony Orchestra . . . . . .$89,000,000 13. Milwaukee Ballet Headquarters. . . . . . .$26,000,000 14. MSOE Computation Science Hall . . . . . .$34,000,000 15. MSOE Direct Supply

Tech Center Upgrades . . . . . . . . . . . . . . . $9,000,000

$170,000,000+

PROPOSED PROJECTS 16. Lakefront Gateway Plaza. . . . . . . . . . . .$25,000,000 17. Milwaukee Public Museum . . . . . . . . . $100,000,000 18. Summerfest Amphitheater Upgrades . .$30,000,000 19. Wisconsin Center Expansion . . . . . . . . $247,000,000

$402,000,000

INFRASTRUCTURECOMPLETED PROJECTS SINCE 2010 1. Clybourn Street Bridge . . . . . . . . . . . . . . $4,300,000 2. Juneau Avenue Bridge . . . . . . . . . . . . . . $12,500,000 3. Wisconsin Avenue Bridge. . . . . . . . . . . . $12,500,000 4. St. Paul Street Bridge . . . . . . . . . . . . . . . $8,700,000 5. Milwaukee Intermodal

Station Train Shed . . . . . . . . . . . . . . . . . $21,000,000 6. Park East Sewer Relocation . . . . . . . . . . $5,900,000 7. Hoan Bridge/I-794 Reconstruction . . . $193,000,000 8. I-794 Gateway Project. . . . . . . . . . . . . .$34,000,000 9. Riverwalk (Since 1988) . . . . . . . . . . . $85,000,000+

$376,900,000+

UNDER CONSTRUCTION 10. The Hop — Milwaukee Streetcar

Phase 1 & Lakefront Line . . . . . . . . . . $128,100,000 11. Wells Street Reconstruction . . . . . . . . . . $6,427,000

$134,527,000

PROPOSED PROJECTS 12. The Hop — Milwaukee Streetcar

Westown Extension . . . . . . . . . . . . . . . .$40,000,000 13. East-West Bus Rapid Transit . . . . . . . . .$53,500,000 14. North 2nd Street Reconstruction . . . . . . . . . . . . . N/A

$93,500,000+

VISIT WWW.MILWAUKEEDOWNTOWN.COM/DOING-BUSINESS TO LEARN MORE.

*Assessed property value from Map Milwaukee**Estimated value based on $130,000/unit x # of units

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