CATALYTIC PROJECTS TRANSFORMING DOWNTOWN MILWAUKEE 67,000+ higher education students 50,000+ NORTHWESTERN MUTUAL HEADQUARTERS FISERV FORUM & DEER DISTRICT THE COUTURE THE HOP PRESENTED BY POTAWATOMI HOTEL & CASINO Anchoring the lakefront redevelopment boom, The $524 million Bucks arena anchors a new The Couture, a $122 million, 44-story mixed-use The $128.1 million investment in the Phase 1 and VISITORS FOR 2020 the $450 million, 32-story Northwestern neighborhood coined the Deer District. Phase 1 tower, will feature 300 apartments, 50,000 SF Lakefront Lines connects the Intermodal Station Mutual headquarters is the largest office included a 1,200-stall parking structure, Bucks of retail space, and an intermodal transit stop with the Historic Third Ward, central business DEMOCRATIC NATIONAL building in the state. The new tower and training facility, Froedtert Medical Center, the for The Hop streetcar and East-West bus rapid district, Lower East Side and, eventually, CONVENTION commons area now host community events, Five Fifty Ultra Lofts, and a new entertainment transit line. The development will be the tallest Milwaukee’s lakefront with its 2.5-mile long 90,700+ including an annual Sculpture Milwaukee block featuring several local and national bar/ residential tower in Wisconsin and will also route. The service began in November 2018 and installation. restaurant concepts. provide greater connections to the lakefront. is outperforming ridership projections. Route expansions are being planned. 1,995 JOBS HELD DOWNTOWN housing units completed in 2019 Q2 2019 OFFICE or currently under construction 10.5% vacancy rate Downtown THE HURON BUILDING WESTIN HOTEL CONVENTION CENTER EXPANSION 833 EAST MICHIGAN The $60 million, 11-story Huron Building is The $50 million, 10-story Westin features 220 The Wisconsin Center District is engaging This 18-story, 358,000-SF Class A building workers strengthening the connection between the rooms, 9,000 SF of meeting space, 5,000 SF of with design and construction firms to explore is anchored by Godfrey & Kahn, and is now Historic Third Ward and central business ballroom space, and is connected via skywalk to a potential $300 million renovation and over 90% leased. The building, constructed living within district. Located along The Hop streetcar route the U.S. Bank Center and 833 East Michigan. The expansion. A 2017 study suggested the by Irgens, is connected via skywalk to the U.S. and anchored by law firm Husch Blackwell, the Westin opened in June 2017 and was the first convention center’s exhibit hall space be Bank Center and will be serviced by the future 1,222 one mile of Huron Building also features prime first-floor flag of its kind in Wisconsin. expanded to 300,000 SF, meeting space lakefront streetcar extension. HOTEL ROOMS COMPLETED IN 2019 retail or restaurant space. The building is set to doubled and ballroom space increased by or currently under construction while Downtown open in early 2020. 15,000 to 20,000 SF. occupancy & rates continue to rise $3.5+ BILLION 32,000+ DEVELOPMENT SINCE 2010 31% Downtown Residents HAMMES CO. HEADQUARTERS 7SEVENTY7 MSOE DWIGHT AND DIAN DIERCKS MILWAUKEE SYMPHONY ORCHESTRA and Growing With a $30 million investment into its new West of its new headquarters, Northwestern COMPUTATIONAL SCIENCE HALL The Milwaukee Symphony Orchestra purchased five-story, 94,000-SF Downtown headquarters, Mutual completed a $100 million, 34-story MSOE’s $34 million, 64,000-SF facility the former Warner Grand Theater and embarked $3.7+ Hammes Co. completed the first of its tower featuring 300 apartments, 1,400 parking on an $89 million redevelopment that will create DOWNTOWN features a state-of-the-art datacenter with two-phase project moving 100 employees stalls and approximately 10,000 SF of ground a GPU-accelerated supercomputer along a new performance and rehearsal center, as well Bublr Bikes Downtown. The colonial-style building floor commercial space, which includes with innovative laboratories, an auditorium, as administrative offices. The project will fill a activates a parcel along North Water Street that Maurer’s Urban Market. and space for collaborating companies. This void on West Wisconsin Avenue in a building that Stations BILLION has been vacant since the removal of the Park addition positions MSOE as a national leader in has been underutilized since 1995. tourism sales in East freeway in the early 2000s. MILWAUKEE artificial intelligence education. Milwaukee County AREA INVESTMENT MAP with88 26 more planned in 2020 www.milwaukeedowntown.com Downtown Walk Score of MILWAUKEE ATHLETIC CLUB REHAB BMO HARRIS FINANCIAL CENTRE THE NORTH END THE AVENUE The $70 million redevelopment of the 100-year- This new $137 million, 25-story high-rise The $190 million, five-phase project on a former The $90 million investment in The Shops of old Milwaukee Athletic Club (MAC) building by Irgens will create new HQ space for BMO tannery site is now completely redeveloped Grand Avenue will reposition the property as a $212+ 92 is underway. The new MAC announced Sage Harris Bank. Michael Best & Friedrich will with 649 apartments and 43,800 SF of mixed-use hub featuring 120,000 SF of office Hospitality Group will manage the 96 new guest also be a major tenant. Retail opportunities retail space. The development incorporates space, the 3rd Street Market Hall, specialty 2.5 rooms. All-new food and beverage offerings, and 647 parking stalls are included in Milwaukee’s first Fresh Thyme Farmers retail and 50 housing units known as Plankinton improved fitness facilities, a new rooftop development plans. Completion is slated Market, Denim Park and a significant Clover apartments. Anchor tenant GRAEF is lounge and reimagined event spaces are also for late 2019. RiverWalk extension. expected to take occupancy in early 2020. MILLION MILES planned. sales generated by nighttime economy 22.6 City’s property jobs extremely value within This ongoing list represents active and publicly announced projects in Downtown Milwaukee. This list is compiled and Length of the Phase 1 maintained by Milwaukee Downtown through a variety of independent sources. Please contact Milwaukee Downtown, Downtown’s per high job & Lakefront Hop 414.220.4700 or [email protected], with additions, deletions or corrections. Updated Fall 2019. 2.7 square miles Milwaukee Downtown, BID #21 l 301 W. Wisconsin Avenue l Milwaukee, WI 53203 l MilwaukeeDowntown.com 112 acre = density Streetcar Routes 19 UNPRECEDENTED INVESTMENT SPURRING COMMERCIAL RESIDENTIAL 20 GROWTH & BUILDING MOMENTUM HOSPITALITY 2 KANE With more than $3.5 billion in completed public and private projects since 2010, Downtown Milwaukee is experiencing record growth. COMMERCE 6 This is further supported by an additional $2 billion invested in projects from 2005 to 2010. While these figures are unprecedented, we EDUCATION/CIVIC 43 remain poised for additional growth. Across all industry sectors, over $2.5 billion in a varied list of public and private projects is currently 9 48 under construction or slated to start soon. It’s no wonder why Downtown Milwaukee has captured the national and international spotlight. 52 INFRASTRUCTURE 24 54 19 12 6 28 BRADY 36 LOWER 20 16 4 57 6 Total Downtown Investment Percentage of 15 42 COMPLETED (2005 – 2010) Total DowntownTotal DowntownInvestment Investment Percentage2 Perc of entage of 23 EAST 10 31 45 L D 2005 to Present: Total Projects by H H D SCHLITZ SIDE 45 46 6T 5T 2005 to Present:2005 to Present: Total ProjectsTotal by Projects by 3R 10 2N 52 $8.1+ Billion Industry Sector 1 10 PARK 1 PLEASANT 48 51 9 3 L $2,039,600,000 $8.1+ Billion$8.1+ Billion Industry6 SectoIndustryr Sector 32 N 61 24 13 CHERRY 24 11 LYON CASS ASTOR 33 14 TER 51 JAMES LOVEL 8.4%8.4% VEL R. PHILLIPS 19 COMPLETED (2010 – PRESENT) 15 WA 14 N BURE 8.4% FRANKLIN 58 8.4%8.4% 8.419% MARSHAL 35 $1,685,300,000 HUMBOLDT $1$1,685,300,00$1,6 0 $2,039,600,000$2,039,600,00000 9 VLIET 53 VA OGDEN 28 $1,685,300,000$1$1,685,300,00$1,6 011.2%11.2$1,685,300,000$1$1,685,300,00$1,6% 0 13 22 $2,039,600,000$2,039,600,00000$2,039,600,000$2,039,600,00000 JEFFERSON 34.1% 11.2%11.2% 11.2%11.2% 3 49 60 THE HOP: PHASE 1 ROUTE 25 15 1 53 37 34.1% 34.1% THE BREWERY 32 28 2 51 $889,900,000$8899,,900,000$3,556,877,000 12.8%12.8% 56 UKEE 59 15 59 $889,900,000 $889,900,000$8899,,900,000 33 MCKINLEY 4 KNAPP $8899,,900,000 12.8%12.8% 12.8%12.8% 5 WA 12 1 35 8 7 20 21 39 4 UNDER CONSTRUCTION MIL $3,556,877,000 5 10 19 PROSPECT $3,556,877,000 18 13 45 11 JACKSON $3,556,877,000$3,556,877,033.5%00$3,556,877,000$3,556,877,000 JUNEAU 2 42 23 33.5% 33.5% 14 44 6 5 3 20 EAST TOWN 14 11 17 6 31 9 7 44 $889,900,000 AY HIGHLAND 15 38 16 31 COMPLETED (2005 2010) COMMERCIAL ATE • COMPLETED (2005• COMPLETED 2010) (2005 2010) COMMERCIAL COMMERCIAL 5 39 13 ST 46 COMPLETED PROPOSED(2010 PRESENT) RESIDENTIAL TER 10 • • • 11 • LINCOLN MEMORIAL • UNDER CONSTRUCTION COMPLETED (2010• HOSPIT COMPLETED PRESENT)ALITY (2010 PRESENT) RESIDENTIAL RESIDENTIAL9 16 BROADW 55 • • • • STATE VEL R. PHILLIPS WA 21 • PROPOSED UNDER CONSTRUCTIO• EDUCA UNDERN TION/CIVIC CONSTRUCTION HOSPITALITY HOSPITALITY 29 KILBOURN 1 • • PROPOSED •• PROPOSED • EDUCATION/CIVIC• EDUCA3 TION/CIVIC12 7 TOTTOTAL: $8,171,677,00$8,171,677,000 • •INFRASTRUCTURE • • 23 17 9 $1,685,300,000 • INFRASTRUCTURE INFRASTRUCTURE H H 13 TOTTOTAL: $8,171,677,00$8,171,677,00TOTTOTAL:0 $8,171,677,00$8,171,677,000 13 WESTOWN 49 • • 9T 47 PLANKINTON WELLS 2 10T 56 53 16 D 58 19 35 43 18 3R 29 11 7 18 34 39 33 MASON N 26 JEFFERSO 3 WELLS 54 57