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Milwaukee Couture high-rise construction starts


Milwaukee Couture high-rise construction starts
Construction officially started on the 44-story Couture apartment building in downtown Milwaukee on Tuesday, May 11.
MILWAUKEE - Construction officially started on the 44-story Couture apartment building in downtown Milwaukee on Tuesday, May 11.
The project will create not just apartments, but also retail and transportation.
As trucks drive into the lot near Michigan and Lincoln Memorial, they mark the start to construction that has been a long time coming for developer Rick Barrett.
Good things take time and from my perspective, this has been a very good thing, said Barrett.
Barrett explained one of the hiccups that kept construction from happening sooner. ....

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Wisconsin tallest residential tower groundbreaking Milwaukee


Updated: 5:18 PM CDT May 11, 2021
Crews ceremoniously began construction work Tuesday morning on what will become the tallest residential tower in Wisconsin.The Couture will be built at East Michigan Street and North Lincoln Memorial Drive in Milwaukee.The 44-story building will be home to 322 luxury apartments when completed, as well as retail space and a transit system connection. It s going to be a very dynamic building because it also has a transit hub, which includes a street car and the bus rapid transit line, developer Rick Barrett said.The project has been in the works for nearly a decade.Barrett bought the site four years ago, but setbacks and the pandemic slowed the process. We had a full team of investors set up right when the pandemic hit and basically once that hit, we threw all the cards up on the table and had to find new investors, he said.The federal government stepped in with a $104.7 million loan to get the project going. This is a big project. I ....

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Construction begins on Milwaukee skyscraper


Construction begins on Milwaukee skyscraper
WDJT
    MILWAUKEE (WDJT) A new skyscraper and transit plaza will soon be near Milwaukee’s lakefront. After nine years, construction began on “The Couture” Tuesday, May 11, right across from the Summerfest grounds.
It’ll be about three years before all of the high-rise is complete. One of the developers called it a monumental day.
“It’s a project that says “Milwaukee is on the rise,” said Rick Barrett, Barrett Lo Visionary Development. “Skyscrapers, by their very nature, are the ultimate sign of progress in any given city. A 44-story high rise in Milwaukee, at this location is meaningful.” ....

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Harley-Davidson's LiveWire: A new electric motorcycle brand, showroom


Harley-Davidson, best known for its heavyweight motorcycles, is launching its own all-electric motorcycle brand LiveWire. 
The company said it plans to redefine electric, delivering the best experience for the urban rider, with personality and soul. LiveWire creates a unique connection between rider and vehicle.
By launching LiveWire as an all-electric brand, Harley is seizing the opportunity to lead and define the market in EV, said Jochen Zeitz, chairman, president and CEO in a news release.
With the mission to be the most desirable electric motorcycle brand in the world, LiveWire will pioneer the future of motorcycling, for the pursuit of urban adventure and beyond, Zeitz said. LiveWire also plans to innovate and develop technology that will be applicable to Harley-Davidson electric motorcycles in the future. ....

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MidHudson Provides $24.5 Million in Preferred Equity for Trophy 322-Unit Couture Tower in Milwaukee


MidHudson LLC has invested $24.5 million in preferred equity for the development of
The Couture, a $191 million, 44-story, 322-unit apartment tower that connects the Milwaukee lakefront with downtown through public plazas and pedestrian bridges. The Couture is being developed by Barrett Lo Visionary Development (BLVD). It will include 42,000 square feet of restaurant and retail space and will be a hub for the Milwaukee Streetcar.  JLL is the MAP lender on the transaction and the equity placement assignment was arranged by Baird.
MidHudson LLC has invested $24.5 million in preferred equity for the development of The Couture, a $191 million, 44-story, 322-unit apartment tower that connects the Milwaukee lakefront with downtown through public plazas and pedestrian bridges. ....

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