County Committee Mollified on Couture
Delay on 44-floor lakefront tower had been issue, but key supervisors now happy.
What a difference a few months make.
It was all smiles yesterday when Rick Barrett of Barrett Lo Visionary Development appeared before the Milwaukee County Board’s Economic and Community Development Committee, the same committee that caused a media firestorm when its members openly mused about ways to take back land the county sold to Barrett for his massive 44-story lakefront tower, The Couture.
Barrett informed the committee that the project had jumped “a very important hurdle,” now that it secured preliminary approval from the federal Department of Housing and Urban Development for a loan guarantee for part of the $120 million financing package. Barrett is “moving towards” closing his financing deal for The Couture, a process that typically takes five to six months, he said.
Barrett said there is some work to be done at the site in the meantime. Specifically, relocating a sewer pipe to allow for construction to start.
That was a huge change from a meeting in September, when the committee received an update on the project from Aaron Hertzberg, the Economic Development Director for the county, who noted that progress on the project was stalled, In response, a dismayed Weishan and Nicholson began discussing the county taking back the property and soliciting new project proposals or the taking some other action.
These statements soon erupted in the local media. Barrett was quoted in BizTimes saying their words were “detrimental” to the project and invited the supervisors to his office for a briefing on the project. Weishan left that meeting and was also quoted in BizTimes saying, “After speaking with Mr. Barrett, I got what I thought an appropriate update on the project. I wasn’t given any real timeline, but I’m confident they are working on the project and doing everything they can on their end.”
Weishan told Urban Milwaukee the concerns that arose in September were in part to blame on the committee being out of the loop on the project. “Our economic development department needed to be more proactive in sharing information with the board,” he said.
Nicholson could not be reached for comment. In a press release she said, “As Chair of the Committee on Economic Development, I want to extend my appreciation to Mr. Barrett for taking the time to appear before our committee and update us publicly on his project. We are counting on The Couture to provide good jobs for county residents and to ensure important contracts for disadvantaged business. I’m confident that Mr. Barrett will deliver on those commitments and excited to see this project get underway,”
Barrett has agreed to come before the committee quarterly to brief the committee on the project. Weishan added that these briefings are also for the public and the media, who have a right to know what’s going on in county business.
Late 2017 Renderings and Site Plans
Renderings Released for Design Approval
If you think stories like this are important, become a member of Urban Milwaukee and help support real independent journalism. Plus you get some cool added benefits, all detailed here.
More about the Couture
- Eyes on Milwaukee: Still No Deal For The Couture. Yet - Jeramey Jannene - Dec 11th, 2019
- Plats and Parcels: NBA Player Plans Downtown Apartments - Jeramey Jannene - Oct 13th, 2019
- Transportation: Couture Streetcar Extension Decision Pushed to June 2020 - Jeramey Jannene - Oct 2nd, 2019
- Transportation: City Struggles on Couture Streetcar Extension - Jeramey Jannene - Sep 12th, 2019
- MKE County: Supervisors Question Couture Project - Graham Kilmer - Sep 11th, 2019
- Plats and Parcels: The Couture Getting New Signage - Jeramey Jannene - Aug 25th, 2019
- Plats and Parcels: The Couture Changes Financing Plan - Jeramey Jannene - Jul 28th, 2019
- Transportation: City Confident Couture Won’t Block Streetcar - Jeramey Jannene - Jun 5th, 2019
- Plats and Parcels: The Couture Gets Financing Extension - Graham Kilmer - May 27th, 2019
- Plats and Parcels: The Couture Gets Financing Extension - Graham Kilmer - Mar 10th, 2019
- MKE County: County Committee Mollified on Couture - Graham Kilmer - Dec 4th, 2018
- Eyes on Milwaukee: The Couture Cleared for Takeoff - Jeramey Jannene - Nov 2nd, 2018
- Plats and Parcels: The Couture Still in Limbo - Graham Kilmer - Oct 21st, 2018
- Plats and Parcels: County Officials Suggest Taking Back Couture Site - Graham Kilmer - Sep 16th, 2018
- Eyes on Milwaukee: Multiple Tower Groundbreakings in 2018 - Jeramey Jannene - Apr 11th, 2018
- Eyes on Milwaukee: Couture Seeks Commercial Tenants - Jeramey Jannene - Dec 4th, 2017
- Eyes on Milwaukee: Council Okays Couture Sewer Subsidy - Jeramey Jannene - May 31st, 2017
- Eyes on Milwaukee: Couture’s Surprise Sewer Being Moved - Jeramey Jannene - May 23rd, 2017
- Eyes on Milwaukee: City Approves The Couture - Jeramey Jannene - Apr 18th, 2017
- Changes Made to Couture’s Design - Graham Kilmer - Apr 10th, 2017
- Eyes on Milwaukee: Second Lakefront Tower Coming? - Jeramey Jannene - Mar 3rd, 2017
- Photo Gallery: Transit Center Tower Demolition - Jeramey Jannene - Jan 8th, 2017
- Friday Photos: Goodbye Downtown Transit Center - Jeramey Jannene - Dec 30th, 2016
- Eyes on Milwaukee: The Couture is Finally Happening - Jeramey Jannene - Aug 11th, 2016
- New Front Door for Lakefront - Jeramey Jannene - Mar 11th, 2013
- County Threatened With Lakefront Lawsuit - Dave Reid - Jul 24th, 2012
- Photo Gallery: The Couture Press Conference - Jeramey Jannene - Jul 16th, 2012
- The Chatter: Abele vs County Board — Again - Bruce Murphy - Jul 12th, 2012
- 44-Floor Tower Proposed for Lakefront - Jeramey Jannene - Jul 11th, 2012