Momentum is Building
Here is an overview of recent projects completed in or near the Park East.
The City of Milwaukee launched the RiverWalk Initiative in 1988, to connect the natural current of the Milwaukee River with a current of business and leisure activities. The primary goal was to put a renewed focus on the river as a destination for residents, employees, and visitors alike. RiverWalk development requires a partnership between the City and riverfront property owners. A Master Plan, Design Guidelines, and an Overlay Zone guide its creation and implementation. In exchange for permanent public access, the City provides financial assistance for the construction of individual RiverWalk improvements. There are 3.1 miles of RiverWalk required along each side of the Milwaukee River. At the beginning of 2010, approximately 70% of the RiverWalk segments had been constructed, representing over $85 million in private and public investment.
Manpower Corporate Headquarters
Construction of the new world headquarters for Manpower Inc. was completed in fall 2007. The development employs 1,200 people and includes a parking structure, public plaza, and extension of the Milwaukee RiverWalk. The building is the recipient of the 2007 Midwest Construction Award and the 2007 Real Estate and Construction Review Building of America Award.
The North End
This project will develop in phases over the next 5-7 years and is expected to become a neighborhood within itself with a variety of housing options and supportive retail services. Construction of Phase I, called ONE at the North End, was completed in 2009 and included a 5-story apartment building featuring 83 apartments and 15,000 sq. ft. of first floor neighborhood retail, as well as new streets and a public plaza, Denim Park. Construction of Phase II, a $37 million project, was completed in 2013 and consists of two apartment buildings offering a total of 155 apartments including 31 affordable units (available to families earning less than 60% of Milwaukee’s median income). In addition, Phase II provides a newly constructed RiverWalk and riverfront road accessible to the public.
A $10 million mixed-use project with ground level retail, a corner public plaza, and 38 condominiums, at the eastern entrance to the Park East corridor. Completed in 2007, this distinctive triangular building at the corner of Water and Pleasant was the first residential development in the Park East.
Senior housing owned and operated by the Housing Authority of the City of Milwaukee. Phase 1 of the transformation of a former 120-unit high-rise building into 182 on-site and 20 off-site housing units occurred in 2006. The new high-rise is a green, LEED certified building with mixed income units and a garden rooftop. This development won a Mayor’s Design Award in 2007.
MSOE Soccer Stadium & Parking Structure
Viets Field, located at 1305 N. Broadway, features an athletic field constructed on top of an in-ground, 780-car parking facility. The field is used for collegiate soccer, lacrosse, rugby and youth sports. As an extension of the Kern Center, it further supports MSOE’s commitment to student wellness and development as a whole person. In addition, there is 12,000 sq. ft. of retail space and a small ground-level public park on the northern end of the site. The $30 million project is the first major development of its kind in the Park East Corridor.
A $24 million, five-story 160-room hotel development along the Milwaukee River. Opened in 2009, it was the first hotel in the Park East. It includes a key segment of the RiverWalk system between the Juneau Avenue and Knapp Street bridges.