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Park East Corridor
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Message from Mayor Tom Barrett: I invite you to learn more about the Park East Corridor, a stretch of development opportunity made possible through the removal of a freeway spur and significant public investment to prepare the area for redevelopment. The Park East plan outlines plenty of room for residential, office, retail and entertainment uses within this extension of our downtown. Each new development will enhance Milwaukee’s ongoing renaissance as well as contribute towards our local economy. Check our website often for the latest ‘buzz’ on this corridor of opportunity.
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The Park East Corridor consists of over 60 acres, 24 of which are prime sites for redevelopment. The properties are located within the Milwaukee Downtown, in close proximity to the Milwaukee River. Milwaukee County owns 16 acres and is currently selling their properties through a Request for Proposal (RFP) process.
For more information on available land, please contact Craig Dillman, Milwaukee County Economic Development.
The Moderne Breaks Ground
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On Thursday, February 24, 2011, ground was broken on The Moderne at 3rd/Juneau in the Park East Corridor. The $54 million 30-story tower will contain 203 apartments and 14 condominiums, serving as an anchor to the Park East west of the Milwaukee River. For more information, visit: www.themoderne.net.
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Riverfront Hotel Opens
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The new Aloft Hotel opened on
December 17th,
2009.
The $27 million
project in the Park
East Corridor was developed by Waveland Development and Horizon Construction.
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The project included the development of a Riverwalk segment, dock wall, public plaza and street improvements, using approximately $1 million in tax incremental financing.
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The project was also assisted by US Bank, the Wisconsin Department of Commerce, and the Wisconsin Housing and Economic Development Authority.
Park East’s Northern Gateway Taking Shape
The Park East’s gateway to the north is visibly transformed with the completion of the Flatiron, the ongoing construction of The North End development, the placement of the North End Water Tower and a new public plaza currently under construction at the intersection of Water and Pleasant Streets. The historic water tower structure once served the former Pfister & Vogel tannery, which stood on a 7-acre site along N. Water Street. The 44,000 pound structure was preserved and painted to mark the new development rising from the tannery site.
 The North End, a $175 million 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 began in 2008 on phase one: a 5-story apartment building featuring 83 apartments and 12,000 square feet of first floor neighborhood retail (Block 24 on the Park East map). Grand opening for the new apartment building, the One, was held in June 2009. Phase two consists of two 5-story apartment buildings with 130-160 apartments, a new RiverWalk segment, public plaza, and new road.
Temporary Art
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A Milwaukee based arts group named IN:SITE worked with the City of Milwaukee, Milwaukee County and private property owners to transform the Park East Corridor in summer, 2009.
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Mary Osmundsen and Maria Bolivar image of their installation for the Knapp Street Bridge House, focusing on the value of water
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The temporary art project included in 11 installations on sixteen blocks of the corridor. View a printable map of the installations. The City of Milwaukee Arts Board initiated the project by providing over $11,000 for artist stipends. The project invited pedestrians, bikers, people who ride the bus and drivers to explore the Park East Corridor. Thirteen local artists came forward with bold, diverse projects. Sponsors and hosts for the art included, but were not limited to, the following: the City of Milwaukee, Milwaukee, Ruvin Development Inc., Mandel Group, Laacke & Joys, Big Bend Development, The Flatiron, M&I Bank, Time Warner Cable, The Moderne LLC, RSC Developers, Grace Lutheran Church, Riverfront Plaza and Village Church. For more information about the project, visit http://insitemilwaukee.org/
Explore recent and proposed developments
Click on the Park East map; Flash required; updated Sept 08
Interested in Park East development?
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