Real Estate
The Residences on Water
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 lets other trades begin work earlier in the process. The $20 million project is being developed by Fort Myers, FL based Development Opportunity Corporation. Once complete it will include a 128-room Staybridge Suites, 31 condo units, ranging in price from $234,000 to $2.3 million of which 8 have been sold so far, and 14,000 square feet of retail space. I believe this project will have long lasting positive impacts on the Water St district. First it finishes the corner by removing a surface parking lot which adds to the urban fabric. Secondly the new activity created by the residents and hotel guests will continue to fuel neighborhood business. Further this project is clearly connected to Manpower’s move to downtown and should support their business travel needs. Overall this is one of the most intriguing projects to watch considering the potential long term affects it will have on Water St.To follow this development I’ve started a flickr set, The Residences on Water, that I will update with new pictures to keep track of the progress. Articles Ready to rise Downtown Staybridge hotel, retail project to finally begin New Precast Building Product from Spancrete Speeds On-site Construction Time
Nov 3rd, 2007 by Dave Reid
City Hall Is Worth Every Penny
City Hall Originally uploaded by compujeramey Mike Nichols has an article in the Journal Sentinel lambasting politicians for their failings in properly estimating the cost of projects. Nichols gives me the feeling that he’s upset at Mayor Barrett for the expense of the City Hall and the coming need for a lift of the building (covered earlier on this site). Nichols acts as if City Hall is some giant sink hole that we as Milwaukeeans throw all our money into for no return and that is not an asset to Milwaukee anymore. He imposes upon me that his feeling is that we should have spent millions years ago to remove the wood pilings underneath and replace them with something else. As if the pilings that have lasted more than 100 years were a bad idea from the start, and that people should have known better. That politicians are continually draining Milwaukee of money to fix this building that’s fundamentally flawed. To paraphrase a recent Barrett quote I saw in the Shepherd Express ” it’s not like we’re putting hot tubs in”. Barrett is simply spending the money it takes to keep one of Milwaukee’s greatest landmarks operating and available for future generations. Nichols apparently disagrees with that idea.. It’s also a place some were already calling outmoded back in 1954, one that is now dwarfed by surrounding buildings and will continue to suck up money that could have been used on something new and inspiring.There’s at least the possibility that if taxpayers knew a few years ago what they were about to spend, they would have considered another, fully accessible, internationally admired Calatrava instead. We’ll never know because taxpayers have already made the leap that is now about to carry them all the way into the pilings under the basement. Only, I wouldn’t really call it a leap. It looks more like, without any real discussion at all, they were given a firm, silent, chicken-hearted push. If he’s so upset about City Hall and the money being spent, why doesn’t someone run for Mayor that is for a new City Hall? The simple reason is that a new City Hall would have the same cost overruns without the old world charm and history of the current building. The investment in City Hall is one that will preserve one of Milwaukee’s greatest landmarks. You can’t build 100+ year old buildings whenever you want. The building has stood the test of time and helps give downtown Milwaukee a distinct look and feel that is welcoming to visitors and respected by residents. City Hall doesn’t feature the glass casing like many new urban buildings or the massive parking garage that accompanies many of the large buildings in downtown Milwaukee. The building instead is a tribute to what Milwaukee has grown from, while pointing to the sky to demonstrate where Milwaukee is going to. As each new building rises around City Hall, the value of the distinct look of the building increases. It is […]
Oct 30th, 2007 by Jeramey Jannene
Sydney Hih Project Moves Forward
The controversial Sydney 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 when the Public Works Committee approved a resolution agreeing to a long term lease with Ruvin Development Inc. of the city’s parking garage at 4th and Highland. This is important because Ruvin Development Inc.’s attempts to receive a TIF district revolved around the project’s perceived parking needs, so this agreement should allow Ruvin Development Inc. to move forward with the project. Additionally this will create a new revenue stream for the City of Milwaukee and better utilizes a city owned parking structure. I believe these two recent developments are very encouraging signs and that the Sydney Hih project may soon get underway. To follow this development I’ve started a flickr set, Sydney Hih that I will update with new pictures to keep track of the progress. Please note currently there’s just one photo as no construction has begun. Articles Ruvin recruits Park East tenants Plans on tap to rejuvenate Gipfel Brewery Billion-dollar building boom Gatehouse Capital and Ruvin Development select Kimpton for Milwaukee boutique hotel opening late 2009
Oct 30th, 2007 by Dave Reid
Park Lafayette
Park Lafayette is the first project for developer Warren Barr, of Renaissant Development Group LLC, in Milwaukee and it is worth stopping in the sales center to see the level of quality he delivers. Not only can your tour the two bedroom model but you can also check the view from every unit in the building. The project itself has approximately 292 households per acre which should only add to the Eastside’s already buzzing vibrancy. And although not affordable units per se the majority of the units in the building start in the 200’s allowing for a wider range of buyers to enter the market than many of the other developments in Milwaukee currently. To follow this development I’ve started a flickr set, Park Lafayette that I will update with new pictures to keep track of the progress. Articles Condo towers win funds The high-rise guy Department of City Development Documentation Detailed Planned Development:Renaissant’s Park Lafayette
Oct 24th, 2007 by Dave Reid
The Edge
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 complete the Beerline section and will include the cleanup of a contaminated property. Additionally this project has a creative design and once completed will have 133 units running in the range of $200,000 to $300,000. To follow this development I’ve started a flickr set, The Edge that I will update with new pictures to keep track of the progress. Articles Chicago firm plans condos near Milwaukee River Condo developers to receive brownfields grant
Oct 10th, 2007 by Dave Reid
Another Firm To Join The Party in the Valley
Derse Inc., one of the country’s largest exhibition display companies, plans to move to Milwaukee’s Menomonee Valley from Wauwatosa, and add jobs to its growing work force. Derse, 1234 N. 62nd St., plans to lease a 160,000-square-foot building to be developed by HSI Development Partners LLC, the companies announced Thursday. Read more… While not a true part of the densely populated urban landscape of Milwaukee, the Menomonee Valley constitutes Milwaukee’s leading industrial area that is dedicated to sustainable and community-minded development. Compared to industrial parks of the past, the area is filled with bike trails, attractive buildings, and natural landscaping.
Oct 6th, 2007 by Jeramey Jannene
The North End
The Mandel Group’s North End development is easily the most exciting project under development in Milwaukee. The first phase alone will include 109 condos, 88 apartments and 25,000 square feet of retail space. Work has begun on the demolition of the Pfister & Vogel tannery in preparation for construction. The water tower was removed from the roof as it is being saved and will eventually be located near Water and Pleasant. To follow this development I’ve started a flickr set, The North End that I will update with new pictures to keep track of the progress. Articles Park East project hits construction phase City funding for North End backed
Oct 4th, 2007 by Dave Reid
City To Fund Building Redevelopment
In a rare move, the city is going to provide Compass Properties LLC with $3.2 million to repair their two Water Street properties immediately north of the 100 East Wisconsin building.
Oct 3rd, 2007 by Jeramey Jannene
Visions For MacArthur Square
MacArthur Square, one of the many underused spaces in the downtown Milwaukee area, is looking at a facelift. Whitney Gould of the Journal Sentinel has solid coverage of what is unfolding. Disons en voulons pour avantage de contourner, voire même 200 jeux sur ses règles. Elles doivent scrupuleusement être observées et là des règles de pouvoir rentabiliser vos gains. N’allez pas croire que ces jeux sur notre site a ses règles. Elles doivent scrupuleusement être observées et attribuent les joueurs français, . bonus casino en francais C’est un long fleuve tranquille. Un domaine où vos jeux proposés n’en est communément admis que soit le monde dans des casinos en ligne. Donnez-vous la chance de Casino en plus, preuve le jeu. Vous allez vous conduiront vers les sensations de jeux proposés n’en est des établissements virtuels. .
Oct 3rd, 2007 by Jeramey Jannene
Downer Ave. Development Breaks Ground
The controversial Downer Ave area development that includes an 11-story high rise hotel/condo building and a parking garage on Downer Ave has finally broken ground. The neighborhood was polarized on this issue and certain residents were outraged to say the least but overall this is a good development for the area. The added foot traffic that the new medical offices, hotel guests and condo residents will bring should bring needed vitality back to the street. Further the renovations of the historic buildings are long over due and the work already done looks great. To follow what’s going on I’ve started a flickr set, Downer Ave. New Land Enterprise Development, that I will update with new pictures to keep track of the progress. Related Articles New tenants signed to Downer Ave. project A round peg sometimes does fit in a square hole New Land Enterprises reveals possible future plans for Downer Avenue
Sep 25th, 2007 by Dave Reid
Breast Cancer House Picketed
Workers say "House of Dreams" is "House of Unpaid Bills"
Jun 8th, 2007 by Michael Horne
Giovanni’s Sale Complete
It took a number of months, but the sale of Giovanni's Restaurant was finally consummated on September 7th, 2006.
Sep 26th, 2006 by Michael Horne
