44% 31% - Milwaukee Downtown
Transcription
44% 31% - Milwaukee Downtown
CATALYTIC PROJECTS RESHAPING DOWNTOWN MILWAUKEE 67,000+ higher education students NORTHWESTERN MUTUAL HEADQUARTERS Anchoring the lakefront redevelopment boom, the $450 million, 32-story Northwestern Mutual headquarters will be the largest office building in the state when complete in 2017. The new tower preserves 1,100 jobs and will create 1,900 new jobs. MILWAUKEE BUCKS ARENA The $524 million Bucks arena will anchor a new entertainment district and neighborhood in the Park East corridor. Phase one will also include a 1,200+ stall parking structure, 55,000 SF training facility and 50,000 SF live block. THE COUTURE Redefining Milwaukee’s lakefront skyline, The Couture, a $122 million, 44-story mixed-use tower, will feature 300 apartments, 50,000 SF of retail space, and an intermodal transit hub for the streetcar and proposed bus rapid transit. 5.4% 83,490 THE MILWAUKEE STREETCAR The $123.9 million investment in Phase 1 will connect downtown neighborhoods with a 2.1-mile starter route. The $28 million 0.77-mile-long Lakefront Line will extend the system through the base of The Couture and connect with the lakefront. 2,200+ JOBS HELD DOWNTOWN 17% housing units under construction or completed since start of 2016 GERMANIA BUILDING A $22 million conversion is underway to turn Class C office space into a multifamily building for mixed incomes in the blossoming Westown neighborhood. The building will feature 46 market-rate and 44 affordable rental units. WESTIN HOTEL The $50 million, 10-story Westin will feature 220 rooms, 9,000 SF of meeting space, 5,000 SF of ballroom space, and will be connected via skyways to the U.S. Bank Center and 833 East Michigan. The Westin will open in 2017. TWO-FIFTY EAST New owners are investing $8.5 million to reposition the 20-story office tower with premier, top-of-the-industry amenities and building systems. Two-Fifty East also offers proximity to The Milwaukee Streetcar. LAKEFRONT GATEWAY PLAZA The $25 million Lakefront Gateway Plaza will create stronger connectivity between the lakefront and central business district. Led by GRAEF, design elements include a new public plaza, water features and pedestrian bridges. 44% LAACKE & JOYS REDEVELOPMENT Formerly the site of Laacke & Joys, this $33 million project boasts 113,000 SF of office space, anchored by the relocation of Brookfield-based Bader Rutter, an underground parking structure, and early plans for a 12-story hotel. ELEVEN25 AT PABST The $45 million Eleven25 at Pabst will feature 151 apartments, housing 440 international students at The Brewery redevelopment. Additional amenities will include a coffee shop, convenience store, food vendors and retail space. NORTHWESTERN MUTUAL MIXED-USE TOWER West of the new headquarters, Northwestern Mutual has begun construction on a $100 million, 34-story tower featuring 308 apartments, 1,400 parking stalls and approximately 10,000 SF of ground-floor commercial space. HOMEWOOD SUITES The $17 million adaptive reuse of the seven-story historic Button Block Building will feature 94 extendedstay hotel rooms and serve as a key connection between downtown and the Historic Third Ward. Homewood Suites will open in 2017. MARQUETTE UNIVERSITY ATHLETIC PERFORMANCE RESEARCH CENTER Collaboration between Marquette University and Aurora Health Care will deliver a $120 million state-of-the-art athletic performance and research facility, and serve as a catalyst for Westown’s continued revitalization. THE NORTH END – PHASE 4 The $60 million, six-story North End – Phase 4 project will feature 155 apartments, a Milwaukee RiverWalk segment, and amenities such as an outdoor pool for tenants. MACKIE BUILDING The $12.4 million historic restoration is underway to convert former office space in the 137-year-old Mackie Building into 25 luxury apartments, while maintaining the Grain Exchange event space and ground-floor commercial opportunities. Downtown Residents and Growing Bublr Bikes Stations 40 THE SHOPS OF GRAND AVENUE Under new ownership, The Shops of Grand Avenue’s next chapter entails a revitalization that includes up to 120,000 SF of office space, a grocery store, brew pubs, restaurants and a retail marketplace. This ongoing list represents active and publicly announced projects in Downtown Milwaukee. This list is compiled and maintained by Milwaukee Downtown through a variety of independent sources. Please contact Milwaukee Downtown, 414.220.4700 or [email protected], with additions, deletions or corrections. Milwaukee Downtown, BID #21 l 600 East Wells Street l Milwaukee, WI 53202 l MilwaukeeDowntown.com $240 revenue generated by nighttime economy = down from 21.9% in 2012 Downtown workers living within one mile of downtown BILLION 31% $3.3 BILLION MILLION 112 vacancy rate, DEVELOPMENT SINCE 2005 tourism sales for Milwaukee County jobs per acre OFFICE SPACE $3.3+ GROWTH IN HOTEL ROOMS SINCE 2008 (4,500 Rooms) 26,000 RETAIL SPACE vacancy rate extremely high job density 2016 DOWNTOWN MILWAUKEE AREA INVESTMENT MAP 2.87 MILES Length of the Phase 1 & Lakefront Line Streetcar Routes Walk Score of 86 City’s property value within downtown’s 2.7 square miles 46 E RC E MM CO 33 64 26 31 12 51 $358,900,000 0 COMMERCIAL RESIDENTIAL • COMPLETE • 0 UNDER CONSTRUCTION • PROPOSED COMMERCIAL COMMERCIAL RESIDENTIAL • COMPLETE •• downtown visitors HOSPITALITY venueEDUCATION/CIVIC RESIDENTIAL HOSPITALITY • EDUCATION/CIVIC • INFRASTRUCTURE 67,000+ higher COMPLETE UNDER CONSTRUCTION PROPOSED UNDER CONSTRUCTION education PROPOSED students • • VISIT WWW.MILWAUKEEDOWNTOWN.COM/DOING-BUSINESS FOR MORE INFORMATION. • • 2,200+ housing units under construction or completed since 2016 627 hotel rooms under construction or completed since 2016 INFRASTRUCTURE 9 7 PROPOSED BUS RAPID TRANSIT 3 40 MICHIGAN 16 44 3 ST. PAUL 59 13 4 41 42 15 29 CLYBOURN 14 STREETCAR PHASE 1 ROUTE 32 10 14 16 52 8 FRANKLIN CT PE OS L RIA MO LN STATE JEFFERSON 20 6 5 57 13 ME 2 LIN 71 KILBOURN WELLS 3 15 48 17 8 14 19 MASON 13 16 7 62 PR 10 6 67 11 ASTOR STREETCAR PHASE 1 ROUTE EAST TOWN 22 6 MARSHALL CASS VAN BUREN 6 OGDEN JACKSON JEFFERSON PLEASANT 21 14 19 FRONT LINE STREETCAR LAKE 61 12 9 13 17 28 5 15 45 33 HISTORIC 25 BUFFALO THIRD 58 47 21 29 11 12 WARD 56 CHICAGO 23 22 12 EE ON OM 25 ERIE 30 MEN 21 CORCORAN 24 54 POLK 26 11 27 18 3 OR 20 WISCONSIN MILWAUKEE 2ND 3RD 4TH 5TH 6TH 10 9 18 KANE HARB $157,000,000 $$157,000,000 $367,400,000 $206,000,000 $ $367,400,000 , , $206,000,000 $ $1,000,000,000 ,$524,000,000 , $1,000,000,000 $1,289,800,000 0 0 $67,000,000 $67 000 000 $579,500,000 0 0 $1,289,800,0000 $579,500,000 $1,289,800,000 $524,000,000 • 83,490+ 0 $524,000,000 $500,000,000 $957,000,000 downtown employees $378,000,000 $67,000,000 $67 000 000 $500,000,000 $362,700,000 $957,000,000 $67,000,000 $67 000 000 •26,000+ downtown residents $378,000,000 $358,900,000 $378,000,000 $358,900,000 $362,700,000 $362,700,000 HOSPITALITY EDUCATION/CIVIC INFRASTRUCTURE •6+ million annual 0 WELLS 66 7 N $957,000,000 $1,500,000,000 Downtown Milwaukee’s $$110,200,000 development momentum $110,200,000 $$110,200,000 $110,200,000 $163,800,000 is complemented $163,800,000 by market indicators, which $$157central ,000,000 project a healthy $157,000,000 $$157,000 ,000 $157,000,000 business district. 20 6 5 11 7 11 2 TO $579,500,000 $500,000,000 $1,500,000,000 $110,200,000 $$110,200,000 $163,800,000 $463,400,000 $463,400,000 Soaring Investment WESTOWN KIN $206,000,000 $ , , $367,400,000 $2,000,000,000 1 AN $463,400,000 $2,000,000,000 1 5 STATE Investment Totals by Industry Sector & Development Phase Market Trends Totals bySector Industry Sector & Development Complement InvestmentInvestment Totals by Industry & Development Phase Phase $1,500,000,000 $1,000,000,000 •• •• • 17 16 7 PL $2,000,000,000 •• • •• •• • HIGHLAND COMMERCIAL COMMERCIAL RESIDENTIAL RESIDENTIAL HOSPITALITY HOSPITALITY EDUCATION/CIVIC EDUCATION/CIVIC INFRASTRUCTURE INFRASTRUCTURE 15 1 KNAPP BROADWAY $936,600,000+ •• ••• ••• 7 24 18 8 34 27 WATER COMPLETE UNDER CONSTRUCTION PROPOSED 21.9% 21.9% COMMERCIAL RESIDENTIAL HOSPITALITY COMPLETE EDUCATION/CIVIC COMPLETE UNDER CONSTRUCTION INFRASTRUCTURE UNDER CONSTRUCTION PROPOSED PROPOSED 44.4% 28 38 68 65 2ND •• • PROPOSED 9.4% 2 THE BREWERY 1 2 MCKINLEY 9 10 3 37 JUNEAU23 4 8 2 69 13 18 49 14 35 3RD $1,701,700,000+ $1,701,700,000 11.2% 44.4% 9.4% 11.2% 4TH $3,346,400,000 12 LYON R E AT W 19 70 PROPOSED STREETCAR WESTOWN LINE UNDER CONSTRUCTION 13.1% 13.1% 55 4 4 5TH 11.2%$936,600,000 0 $936,600,000 $9 0 $9 44.4% 9.4% $3,346,400,000 $3,346,400,000 21.9% $1,701,700,000 $1,701,700,000 17 5 31 VLIET 50 63 8 43 SCHLITZ PARK CHERRY 6TH 13.1% PUBLIC AND DOWNTOWN l 2005 TO PRESENT $936,600,000 $9 PRIVATE INVESTMENT 0 JAMES LOVELL of PercentagePercentage of Total Projects Total Projects Industry Sector by IndustrybySector 9TH $3,346,400,000+ 1 39 LOWER EAST SIDE BRADY 10TH Total Downtown Investment COMPLETE 2005 to Present: $5.9+ Billion 32 30 60 Percentage of Total ProjectsInvestment Total Downtown Total Downtown Investment by Industry 2005 toSector Present: 2005 to Present: $5.9+ Billion $5.9+ Billion 10 53 CO Downtown Milwaukee is the economic engine of the region. Since 2005, over $3.3 billion has been invested in completed private and public projects, and more than $2.6 billion is currently under construction or proposed to start soon. This record investment traverses all industry sectors to create a balanced portfolio, which underscores the strength of the downtown real estate market. 36 35 34 HUMBOLDT UNPRECEDENTED INVESTMENT SPURRING ADDITIONAL GROWTH COMMERCIAL RESIDENTIAL HOSPITALITY EDUCATION/CIVIC INFRASTRUCTURE 4 15 9 DOWNTOWN PROPERTY LISTINGS BY CATEGORY commercial | residential | hospitality | education/civic | infrastructure COMMERCIAL COMPLETED PROJECTS 1. Bartolotta Headquarters . . . . . . . . . . . . . . $1,100,000 2. Boiler House . . . . . . . . . . . . . . . . . . . . . . $6,800,000 3. Cathedral Place . . . . . . . . . . . . . . . . . . . $57,000,000 4. Manpower World Headquarters . . . . . . $78,000,000 5. Schlitz Park . . . . . . . . . . . . . . . . . . . . . . $40,000,000 6.Iron Block Building/Dental Associates . . $9,000,000 7. Associated Bank - Haymarket Square . . . . . . . . . N/A 8. Pabst Business Center . . . . . . . . . . . . . $12,000,000 9. U.S. Bank Parking Garage . . . . . . . . . . . $19,000,000 10. Riovivo River Place* . . . . . . . . . . . . . . . . $1,900,000 11. Summerfest Office . . . . . . . . . . . . . . . . . . $5,100,000 12. Dohmen Co. Headquarters . . . . . . . . . . $10,000,000 13. 833 East Michigan . . . . . . . . . . . . . . . $101,500,000 14. 411 East Wisconsin Center . . . . . . . . . . . $17,500,000 15. Mayer Building Redevelopment . . . . . . . . . . . . . . . N/A UNDER CONSTRUCTION 16.Northwestern Mutual Headquarters . . $450,000,000 17. Wells Building . . . . . . . . . . . . . . . . . . . . . $17,000,000 18. Pabst Microbrewery . . . . . . . . . . . . . . . . $3,000,000 19. Former Laacke & Joys . . . . . . . . . . . . . $33,000,000 2 0. Two-Fifty East . . . . . . . . . . . . . . . . . . . . $8,500,000 21. Red Arrow Labs . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 2 2. MGIC Renovations . . . . . . . . . . . . . . . . . . . . . . . . N/A 23. Bucks Practice Facility . . . . . . . . . . . . . $23,000,000 24.Arena District Parking Structure . . . . . $45,000,000 25.Mercantile Building Expansion . . . . . . . . . . . . . . . N/A $579,500,000 PROPOSED PROJECTS 26. Lakefront Brewery Expansion . . . . . . . . . . $7,000,000 27. Hammes Office Development . . . . . . . . $80,000,000 28. Hardware Headquarters . . . . . . . . . . . . . . . . . . . . N/A 2 9. The Shops of Grand Avenue . . . . . . . . . . . . . . . . . N/A 3 0. One Catalano Square . . . . . . . . . . . . . . $43,000,000 31. Schlitz Park Expansion . . . . . . . . . . . . . $76,000,000 32. Post Office Redevelopment . . . . . . . . . . . . . . . . . N/A 3 3. Jennaro Brothers Building . . . . . . . . . . . . . . . . . . N/A 3 4. Marcus-Edison Place . . . . . . . . . . . . . . . . . . . . . . . N/A 35. Milwaukee Brewing Company . . . . . . . . . . . . . . . N/A $206,000,000 $358,900,000 RESIDENTIAL COMPLETED PROJECTS 1. Beerline B Apartments . . . . . . . . . . . . . . . $7,500,000 2.City Green Apartments & Condos . . . . . $65,000,000 3. Brewery Point Apartments . . . . . . . . . . . $8,400,000 4. Park East Enterprise Lofts . . . . . . . . . . $12,000,000 5. The Blatz Condominiums . . . . . . . . . . . . . . . . . . . . N/A 6. 601 Lofts . . . . . . . . . . . . . . . . . . . . . . . $30,000,000 7. East Terrace** . . . . . . . . . . . . . . . . . . . . $1,820,000 8. Avante Apartments** . . . . . . . . . . . . . . . $4,680,000 9. Blue Ribbon Lofts . . . . . . . . . . . . . . . . . $19,000,000 10. The Breakwater . . . . . . . . . . . . . . . . . . $70,000,000 11. Convent Hill . . . . . . . . . . . . . . . . . . . . . . $55,000,000 12. Flatiron . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000 13.The Grand Wisconsin Apartments . . . . $23,000,000 14. Kilbourn Tower . . . . . . . . . . . . . . . . . . . $55,000,000 15. Majestic Lofts . . . . . . . . . . . . . . . . . . . . $16,800,000 16. The Moderne . . . . . . . . . . . . . . . . . . . . . $55,000,000 17. The North End, Phase 1 & 2 . . . . . . . . . $37,000,000 18. Sage on Jackson** . . . . . . . . . . . . . . . . . $2,600,000 19. University Club Tower . . . . . . . . . . . . . . $88,000,000 2 0. The Wisconsin Tower . . . . . . . . . . . . . . $14,000,000 21. Corcoran Lofts . . . . . . . . . . . . . . . . . . . $12,000,000 2 2. Jackson Square . . . . . . . . . . . . . . . . . . . . $5,600,000 23. CitySide Plaza* . . . . . . . . . . . . . . . . . . . $20,000,000 24. Marine Terminal Lofts . . . . . . . . . . . . . . $30,000,000 25. River Renaissance . . . . . . . . . . . . . . . . . $32,000,000 26. Hansen’s Landing . . . . . . . . . . . . . . . . . . $8,500,000 27. The Harbor Front . . . . . . . . . . . . . . . . . . . $8,500,000 28. Commission House . . . . . . . . . . . . . . . . . $6,000,000 2 9. Chicago Street Lofts** . . . . . . . . . . . . . . $3,900,000 3 0. 1910 N Water . . . . . . . . . . . . . . . . . . . . . $11,500,000 31. Gallun Tannery Row* . . . . . . . . . . . . . . . $8,400,000 32. Kane Place Lofts* . . . . . . . . . . . . . . . . . . $3,300,000 3 3. The Edge . . . . . . . . . . . . . . . . . . . . . . . . $14,000,000 3 4. Park Terrace Row Houses . . . . . . . . . . . $14,000,000 35. Union Point Lofts . . . . . . . . . . . . . . . . . $10,000,000 36. RiverCrest Townhome . . . . . . . . . . . . . . $18,000,000 37. Frederick Lofts . . . . . . . . . . . . . . . . . . . $20,000,000 3 8. Avenir, Phase 1 . . . . . . . . . . . . . . . . . . $20,700,000 3 9. Kane Commons . . . . . . . . . . . . . . . . . . . . $5,000,000 4 0. 700 Lofts . . . . . . . . . . . . . . . . . . . . . . . . $6,700,000 41. MKE Lofts . . . . . . . . . . . . . . . . . . . . . . . $23,500,000 COMPLETED PROJECTS (continued) 42. 4 3. 4 4. 4 5. 4 6. 47. Plankinton Building . . . . . . . . . . . . . . . . . $6,000,000 The North End, Phase 3 . . . . . . . . . . . . $53,000,000 The Buckler . . . . . . . . . . . . . . . . . . . . . . $30,600,000 Mayer Building Redevelopment . . . . . . . . . . . . . . . N/A Belay Apartments . . . . . . . . . . . . . . . . . . $11,000,000 Martin Building Redevelopment . . . . . . . . . . . . . . N/A $957,000,000 UNDER CONSTRUCTION 4 8.Northwestern Mutual Apt. Tower . . . . $100,000,000 4 9. The Brewery Lofts . . . . . . . . . . . . . . . . $29,000,000 5 0. The Rhythm . . . . . . . . . . . . . . . . . . . . . . $10,000,000 51.River House Apartments, Phase 1 . . . . $40,000,000 52. Pritzlaff . . . . . . . . . . . . . . . . . . . . . . . . $36,000,000 53. Walker’s Landing . . . . . . . . . . . . . . . . . . $19,500,000 5 4. Domus Apartments . . . . . . . . . . . . . . . $30,000,000 55. The North End, Phase 4 . . . . . . . . . . . . $60,000,000 56. Broadway Mixed Use Lofts . . . . . . . . . . . . . . . . . . N/A 57. Mackie Building Redevelopment . . . . . . $12,400,000 5 8. Mitchell Leather Building . . . . . . . . . . . . $8,500,000 59. Germania Building . . . . . . . . . . . . . . . . . $22,000,000 $367,400,000 PROPOSED PROJECTS 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. Water & Brady Site . . . . . . . . . . . . . . . . $24,000,000 The Couture . . . . . . . . . . . . . . . . . . . . $122,000,000 The Portfolio . . . . . . . . . . . . . . . . . . . . $100,000,000 Jackson Street Apartments . . . . . . . . . . . . . . . . . N/A River House Apartments, Phase 2 . . . . . . . . . . . . N/A Wangard PERC Block #22 . . . . . . . . . . . $52,000,000 Century Building . . . . . . . . . . . . . . . . . . . . . . . . . . N/A The River at Wells . . . . . . . . . . . . . . . . . . $17,000,000 Avenir, Phase 2 & 3 . . . . . . . . . . . . . . . . $31,100,000 Milhaus Brewery Apartments . . . . . . . . $40,000,000 Haymarket Lofts . . . . . . . . . . . . . . . . . . . $17,300,000 Bookends North . . . . . . . . . . . . . . . . . . $60,000,000 $463,400,000 HOSPITALITY COMPLETED PROJECTS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Aloft Milwaukee Downtown . . . . . . . . . $24,000,000 Brewhouse Inn & Suites . . . . . . . . . . . . $19,000,000 DoubleTree Hotel . . . . . . . . . . . . . . . . . . . $6,000,000 Hampton Inn & Suites . . . . . . . . . . . . . . . . $7,000,000 Hilton Garden Inn . . . . . . . . . . . . . . . . . $18,000,000 Hyatt Regency Milwaukee . . . . . . . . . . $19,000,000 InterContinental Hotel . . . . . . . . . . . . . . . . . . . . . N/A Marriott Hotel . . . . . . . . . . . . . . . . . . . . $54,000,000 Potawatomi Casino Hotel . . . . . . . . . . $150,000,000 SpringHill Suites . . . . . . . . . . . . . . . . . . $30,000,000 Kimpton Hotel . . . . . . . . . . . . . . . . . . . . $51,000,000 UNDER CONSTRUCTION 12. Westin Hotel . . . . . . . . . . . . . . . . . . . . . $50,000,000 13. Homewood Suites . . . . . . . . . . . . . . . . . . $17,000,000 $67,000,000 PROPOSED PROJECTS 14. Cambria Hotel . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 15. Humphrey Scottish Rite Masonic Hotel . . . . . . . . N/A N/A $378,000,000 EDUCATION/CIVIC COMPLETED PROJECTS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. MSOE Student/Faculty Housing . . . . . . $25,000,000 Cardinal Stritch University . . . . . . . . . . . . . . . . . . N/A Discovery World . . . . . . . . . . . . . . . . . . $63,000,000 Lakeshore State Park . . . . . . . . . . . . . . $20,000,000 Milwaukee Public Market . . . . . . . . . . . . . $7,500,000 MSOE Grohmann Museum . . . . . . . . . . . . . . . . . . N/A MSOE Kern Center . . . . . . . . . . . . . . . . $30,900,000 MSOE Parking Structure . . . . . . . . . . . . $30,000,000 Summerfest Improvements . . . . . . . . . . $35,000,000 UWM Zilber School of Public Health . . . . . . . . . . . N/A City Hall Restoration . . . . . . . . . . . . . . . $75,000,000 Two50Two MIAD Dorms . . . . . . . . . . . . . . . . . . . N/A Milwaukee Art Museum/War Memorial $31,300,000 Eleven25 at Pabst . . . . . . . . . . . . . . . . . $45,000,000 UNDER CONSTRUCTION 15. Milwaukee Bucks Arena . . . . . . . . . . . $524,000,000 $524,000,000 PROPOSED PROJECTS 16.Marquette Athletic Performance Research Center . . . . . . $120,000,000 17. Bucks Live Block . . . . . . . . . . . . . . . . . . $12,000,000 18. Lakefront Gateway Plaza . . . . . . . . . . . $25,000,000 $157,000,000 $362,700,000 INFRASTRUCTURE COMPLETED PROJECTS 1. Juneau Avenue Bridge . . . . . . . . . . . . . . $12,500,000 2. Kilbourn Avenue Bridge . . . . . . . . . . . . . $20,900,000 3. Marquette Interchange . . . . . . . . . . . . $810,000,000 4. Park East Corridor . . . . . . . . . . . . . . . . $45,000,000 5. State Street Bridge . . . . . . . . . . . . . . . . $14,700,000 6. Wisconsin Avenue Bridge . . . . . . . . . . . $12,500,000 7. Wisconsin Avenue Streetscaping . . . . . . $11,000,000 8. St. Paul Street Bridge . . . . . . . . . . . . . . . $8,700,000 9. RiverWalk (Since 1988) . . . . . . . . . . . $85,000,000+ 10. Milwaukee Intermodal Station . . . . . . . $15,000,000 11. Clybourn Street Bridge . . . . . . . . . . . . . . $4,300,000 12. Marsupial Bridge . . . . . . . . . . . . . . . . . . . . . . . . . . N/A 13.The Brewery Infrastructure & Parking Garage . . . . . . . . . . . . . . . . . . . $57,000,000 14. Intermodal Station Train Shed . . . . . . . $21,000,000 15. Hoan Bridge/I-794 Reconstruction . . . $172,200,000 UNDER CONSTRUCTION 16. The Milwaukee Streetcar, Phase 1 . . . $123,900,000 17. I-794 Gateway Project . . . . . . . . . . . . . $34,000,000 18. Park East Sewer Relocation . . . . . . . . . . $5,900,000 $163,800,000 PROPOSED PROJECTS 19.The Milwaukee Streetcar Lakefront Extension . . . . . . . . . . . . . . . $28,200,000 2 0.The Milwaukee Streetcar Westown Extension . . . . . . . . . . . . . . . $40,000,000 21. Bus Rapid Transit . . . . . . . . . . . . . . . . . $42,000,000 $1,289,800,000 *Assessed property value from Map Milwaukee **Estimated value based on $130,000/unit x # of units VISIT WWW.MILWAUKEEDOWNTOWN.COM/DOING-BUSINESS TO LEARN MORE. $110,200,000
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