Couture project developer ‘excited to go vertical’ – Milwaukee, Wisconsin

Milwaukee, Wisconsin 2021-05-04 11:56:38 –

The Couture, a downtown Milwaukee development project that has been underway since 2012, will host a groundbreaking event on Wednesday.

“I’m very excited to move this project forward,” developer Rick Barrett told WTMJ Steve Scaffidi on Tuesday. “I’m excited to go vertically in downtown Milwaukee.”

$ 188 Million Development on the Lakeside of Milwalky Ends with $ 104.7 Million Construction Loan on April 30, Report the Milwalky Business Journal.

Couture is located on 909 E. Michigan Street, with approximately 320 apartments on a tower standing on a wider base along the shores of Milwaukee’s lake. ..

“Obviously, the place is second to none in Wisconsin,” Barrett said. “It connects to the buildings that surround it.”

It’s been a while, but things went awry when he took over the property’s site management in August 2016, Barrett said.

“It takes four years to launch an average $ 50 million project,” he explained. “This was a $ 200 million project and there was a pandemic in the meantime. I’m proud of everyone involved. City, county, FDA, HUD, etc. We were able to get it done.”

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