Despite the market downturn The Ghazi Company appears to be pressing forward with their Catalyst project. Back in November they launched the project website CatalystMilwaukee.com and today they began advertising the project with a large banner on a neighboring parking garage. The project includes 150,000 square feet of retail space to be leased out and [...]

The nine-story Aloft Hotel and condominium project is now on track to break ground in April with a target completion date of May 2009. To facilitate pre-sales Ruvin Development has launched The Residences Above website which includes floor plans, pricing and contact information for potential buyers. According to the website the nine condominium units will [...]

The Sydney Hih Square development has gone through, many iterations, public debate of TIF financing, the shuffle of lead developers, but now has taken a small step forward. This sign of progress is seen in the launching of The Residences at Hotel Palomar website. The site’s launch is in part preparation for pre-sales and fully [...]

A sampling of projects in varying states of completion showed that over 200 recently completed or under construction condominium units have not been sold. A look at the data indicates that In many cases the high priced units have gone un-sold. Clearly the market downturn has slowed sales but this may also indicated a demand [...]

Although development within the Beerline corridor has slowed there is still ongoing construction. The Edge which is just now starting to rise out of the ground intends the first phase to be completed by November 2008. The Bluff Homes construction is nearing completion and more than half of the units have been sold. The completion [...]

Over the last year a debate raged over the question of “to TIF or not to TIF?” RSC & Associates not only requested city financing but demanded publicly that their Park East Square project required $9.5 million of TIF assistance to be economically feasible. $6.8 million of this city subsidy would of been to build [...]

In recent weeks Ghazi Co. has been building momentum for the Catalyst. They announced Big City Lanes as the first secured tenant. Afshin Ghazi spoke at the fifth annual Small Business Times Commercial Real Estate and Development Conference promoting both Catalyst and a return to the city. And today Catalyst took yet another positive step [...]

The Residences on Water is beginning to rise out of the ground. The building utilizes a new development method, called the ER Post Structural System, that should allow for the pace of work to dramatically pickup in the coming weeks. This acceleration is possible because this method allows for all-weather erection, has fewer pieces and [...]

The controversial Sidney Hih project , that last summer was turned down for city financing of a TIF, appears to moving forward again. The first indications were the signing of multiple tenants to the project as recently reported in the Bizjournal article “Ruvin recruits Park East tenants”. The second significant step forward occurred this morning [...]

For a quite sometime it appeared this project may not ever get built as no progress had been taken place on the site but finally progress can been seen at the site as work has begun on the foundation. This is great news as The Edge includes one of the missing Riverwalk pieces needed to [...]