Milwaukee Tower Receives Initial Approval

The Historic Third Ward Architectural Review Board recently approved a proposal for a 295-unit luxury apartment tower in Milwaukee’s Historic Third Ward that would rise 32 floors — a height roughly three to four times that of many of the neighborhood’s older buildings, the Milwaukee Journal Sentinel reported on May 19. The development team says the location at the northern entrance to the Third Ward is “an appropriate spot for a high-rise that will complement similarly tall downtown buildings.” Known as 333 North Water, the 365-ft-tall high-rise design proposal by Hines Acquisitions LLC includes street-level retail. The US$140-million project received conceptual approval, but another review must occur for final approval. Assuming final approvals, Hines plans to break ground in May 2022, and the building is expected to take 22 months to construct. The tower would be the tallest building in the Third Ward by far, easily eclipsing a 10-story Marriott hotel planned for 125 North Water Street and the nine-story Kimpton Journeyman Hotel, which opened in 2018 at 310 East Chicago Street.