Jeramey Jannene

County Board Approves Negotiations for The Couture

Proposed 44-floor building for lakefront stays on track

By - Jul 26th, 2012 03:56 pm
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The Couture Rendering

A rendering of The Couture

The proposed 44-story The Couture lakefront hotel and apartment tower remains on track today following a vote by the Milwaukee County Board of Supervisors to allow negotiations with Barrett Visionary Development. Brian Taffora, Director of Economic Development and controversial Cedarburg resident, is now authorized to negotiate a sale price for the Downtown Transit Center.

The move by the board in no way ends their involvement in the project, but does allow the project to move forward. If the ability to negotiate was not approved today, the next scheduled opportunity for approval would have come in mid-September following the August recess. The board will still need to approve the final sale of the land, as well as a relocation plan for the Milwaukee County Transit System buses that start and end their routes at the center.

The board approved the negotiations as part of a group of items recommended for approval by the Economic and Community Development Committee. There was no floor debate on the topic.

In a related move that did draw debate, the board approved a change to the real estate sale process by a veto-safe 15-3 margin that would grant the board substantially more control in future land sale processes. The change would put the board in control over whether to use a more formal request-for-proposal (RFP) process or a request-for-information (RFI) process on proposed land sales. Supervisors Sanfelippo, Taylor, and Weishan voted in opposition to the change.

The Couture Approval Process

The process to approve the proposed 44-story The Couture hotel and apartment tower is predicted to be as follows.

  1. Milwaukee County Board’s Committee on Economic and Community Development will need to approve negotiations with Barrett Visionary Development. Recommended for approval at a special meeting on July 23rd, 2012
  2. The full Milwaukee County Board will either confirm the decision of the Economic and Community Development committee, or overrule the committees action. Approved by the Milwaukee County Board of Supervisors on July 26th, 2012.
  3. An agreement will need to be negotiated between the County and Barrett Visionary Development. This negotiations will be led by Director of Economic Development Brian Taffora who reports to Milwaukee County Executive Chris Abele.
  4. An agreement between the County and Barrett Visionary Development would need to be approved by the County Board.
  5. The site is expected to take 10 to 16 months to prepare. This includes relocating MCTS operations to an area near the Milwaukee Intermodal Station.
  6. Once Barrett Visionary Development has legal control of the site, the City of Milwaukee City Plan Commission (CPC) would likely see the proposal to recommend a zoning change.
  7. The City of Milwaukee Common Council Zoning, Neighborhoods & Development Committee (ZND) would see the proposal after CPC to approve a Detailed Planned Development (DPD). The Public Works Committee may also need to review any public infrastructure changes to the area.
  8. The full Milwaukee Common Council would get to take up the proposed DPD after ZND. The Mayor would need then to sign off on the Council’s decision.
  9. Following all approvals, construction is estimated to take up to 28 months.

Rendering Gallery

Past The Couture Coverage

Categories: Real Estate

2 thoughts on “County Board Approves Negotiations for The Couture”

  1. Todd says:

    For the love of God, please get that name changed.

  2. austin says:

    look’s awesome! the name and the color are a little wierd though.

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