Milwaukee could have a new tallest residential tower in the pipeline — but it’s a long way out. The chief executive officer of Madison-based development firm The Neutral Project teased plans for a “50-story-plus mass timber building” in an article published Thursday in the Madison publication “Isthmus”. The tower would be built on the site
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Rendering of The Edison. Rendering from The Neutral Project[/caption]
The city’s new downtown plan calls for the Marcus Performing Arts Center parking structure to be replaced with a new high-density, mixed-use development.
“An aggressive mixed-use development” with ground floor public activation, which includes a mix of uses, is ideal at this site, the RFP for the site states. Ground floor uses for the site could include restaurants, art galleries or cultural/civic uses. Upper floors could be used for residential, hotel, office or cultural/civic uses, the RFP states.
In January, the City of Milwaukee Department of City Development (DCD) told BizTimes that it had received three proposals by the RFP deadline and that there would not be public updates until March or April. Representatives from DCD declined to comment Friday.
If the city chooses to move forward with The Neutral Project's concept and the "50-story-plus" tower is kept in the plans, the building would be the new tallest residential tower in Milwaukee.
The 46-story Couture apartment tower, which will be completed this summer, is set to become the city's tallest residential tower at 516 feet.