The Marcus Performing Arts Center redevelopment project aims to set a new global benchmark for mass timber construction, potentially featuring the tallest mass timber structure in the world and the tallest building in Wisconsin at up to 55 storeys and 1.2 million square feet across the site.
Details
The proposed project represents a significant investment of over $700 million, encompassing multiple mixed-use buildings. The project, planned in several phases, could include up to 750 residential units, 190,000 square feet of office space, 40,000 square feet of retail space, 300 hotel rooms, parking spaces, and vibrant public plazas and walkways.
MGA will spearhead the design efforts, supported by an experienced team including HGA, Gehl People, C.D. Smith, and Thornton Tomasetti.
The City is proposing a one-year exclusive right to negotiate with possible extensions, subject to Common Council approval. This period will allow the development team to secure financing and finalize project plans, ensuring a seamless progression toward realizing this visionary project.
Quote
"As Mayor, I have not been shy about my goal to grow our city's population to one million Milwaukeeans...To do that we need to be aggressive and reach for new heights. This project will help us do just that, literally aiming to set local and global records, but ust as importantly add density and activity to an underutilized City-controlled parcel in downtown Milwaukee. It also represents a forward thinking Milwaukee, open to outside investments and ideas."
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