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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