MILWAUKEE | Moderne | 316' | 31 fl | Completed

qwerty44 · November 4th, 2009, 12:27 AM

The City of Milwaukee will lend $9.3 million to help finance development of the $55.2 million Moderne apartment high-rise under a 13-2 vote this morning by the Common Council.

That decision came after the council's Zoning, Neighborhoods and Development Committee earlier today unanimously recommended approval. With the full council vote, site preparation work on the Moderne, which will take around two years to build, will begin within a month or so, developer Rick Barrett said.

Thought it finally deserved its own thread

Jschmuck · November 4th, 2009, 01:15 AM

ITS ALIVE!! AHH!

MilwaukeeMark · November 4th, 2009, 01:50 AM

And a few larger images for kicks:

Paule · November 4th, 2009, 05:43 AM

Whooo!! I never gave up hope on this building. And qwerty44, now that it will be under construction it should have it's own thread. Somebody needs to post that picture with the Moderne superimpossed in the skyline. I still have the pic but I don't remember who originally posted it.

EastSider · November 4th, 2009, 09:00 AM

From Rinka Chung (Architect)

Interior:

Skyline

Paule · November 4th, 2009, 04:50 PM

Thanks EastSider, those last two pics were the ones I was talking about.

EastSider · November 5th, 2009, 12:17 AM

Quote:

Originally Posted by Paule

Thanks EastSider, those last two pics were the ones I was talking about.

Thanks for reminding me about them, huge fan of the shot where the Moderne anchors the skyline. It's sort of weird they haven't updated their rendering of it in two years though, hopefully we don't see a design change.

Milwaukee, WY · November 5th, 2009, 04:06 PM

Oh, how I long for Skyking2 to come in here and complain that this project will only further exacerbate the "problem" of Milwaukee's rambling, spread out, gapped skyline. (Not really

)

Personally, I love this building, and think this is great news. I am still cautious though, and need to see some construction work.

eMatt543 · November 6th, 2009, 05:12 AM

It'll be an awesome addition to our skyline, but knowing it took $9,000,000 of the city's money to get it done kinda' puts a damper on my excitement

qwerty44 · November 6th, 2009, 06:34 AM

Quote:

Originally Posted by eMatt543

It'll be an awesome addition to our skyline, but knowing it took $9,000,000 of the city's money to get it done kinda' puts a damper on my excitement

Fox 6 had a little segment on this on the news tonight, which I thought was pretty well done. It said that 2,000 jobs will be created during construction and 50 full time jobs once its built.

In regards to your excitment being dampered, they also interviewed Barrett (developer, not mayor) who said they currently pay $20,000 in taxes on the property. Once its built however, they will pay $1,000,000 in taxes annually. So assuming this doesnt get bombed or destroyed somehow in the next 12 years, the city will get way more in return than the $9,000,000 it spent to help finance it. And one last thing... this was a loan, not a stimulus or assistance package, which means unless this project is a complete failure, the city will not lose any of the money,actually gain interest on it, and get the $880,000 in additional taxes per year to boot.

Paule · November 6th, 2009, 07:23 AM

Quote:

Originally Posted by eMatt543

It'll be an awesome addition to our skyline, but knowing it took $9,000,000 of the city's money to get it done kinda' puts a damper on my excitement

Normally I would agree with him if he did show up but I'm just happy the Moderne will get built. In my book, if there is anything Milwaukee does well it's that they know how to build real fine and nice looking condos, both big and small.

EastSider · November 6th, 2009, 06:40 AM

^Good points. I had no idea it generated that much revenue in a year.

El Mariachi · November 6th, 2009, 08:00 AM

this is such an awesome building. The only downside is thinking how cool it would be next to that original rendering of the Palomar.

But seriously, this is going to be a godsend to the skyline.

EastSider · November 20th, 2009, 03:57 AM

The website now says groundbreaking end of 2009, so hopefully they weren't lying about starting construction this month.

Paule · November 20th, 2009, 03:26 PM

Quote:

Originally Posted by EastSider

The website now says groundbreaking end of 2009, so hopefully they weren't lying about starting construction this month.

That could also mean that construction wont start until the end of December though. At least we know it's going to start!

perilouspete · November 20th, 2009, 08:11 PM

Quote:

Originally Posted by EastSider

The website now says groundbreaking end of 2009, so hopefully they weren't lying about starting construction this month.

I thought they originally said December when it got approved.

Paule · November 20th, 2009, 09:55 PM

Quote:

Originally Posted by perilouspete

I thought they originally said December when it got approved.

No, when the city council voted to ok the loan they then said that construction would begin within the month, which would mean end of November.

qwerty44 · November 29th, 2009, 07:56 AM

I saw the site tonight after going to the Bucks game and the orange trailer was still up... no construction yet, and its been 4 weeks since it got loan approval. But honestly after waiting 2 years waiting 2 or 3 more weeks doesn't really bother me.

stavo · August 19th, 2010, 12:59 AM

i work at 6th in mckinley AVE. not sure if u guys seen tht building thts been getting restored but yea its gona be a college! and i can see the site where the moderne is gona be built ! they have the contractor trailer which is findorf there and a yellow bull dozer !!! so tht means there going to start it soon!!

Paule · August 19th, 2010, 03:05 AM

Quote:

Originally Posted by stavo

i work at 6th in mckinley AVE. not sure if u guys seen tht building thts been getting restored but yea its gona be a college! and i can see the site where the moderne is gona be built ! they have the contractor trailer which is findorf there and a yellow bull dozer !!! so tht means there going to start it soon!!

Cool but we're all still waiting on the government to ok their loan. Last I heard a decision will be made by the end of this month.

November 4th, 2009, 12:27 AM	#1
qwerty44 Registered User Join Date: Jan 2008 Location: Milwaukee Posts: 68 Likes (Received): 1	MILWAUKEE \| Moderne \| 316' \| 31 fl \| Completed The City of Milwaukee will lend $9.3 million to help finance development of the $55.2 million Moderne apartment high-rise under a 13-2 vote this morning by the Common Council. That decision came after the council's Zoning, Neighborhoods and Development Committee earlier today unanimously recommended approval. With the full council vote, site preparation work on the Moderne, which will take around two years to build, will begin within a month or so, developer Rick Barrett said. Thought it finally deserved its own thread Last edited by desertpunk; February 18th, 2013 at 04:42 AM.

November 4th, 2009, 01:15 AM	#2
Jschmuck Registered User Join Date: May 2008 Location: Green Bay Posts: 502 Likes (Received): 5	ITS ALIVE!! AHH! __________________ MilRockee/Green Bay

November 4th, 2009, 01:50 AM	#3
MilwaukeeMark I claim to be staff. Join Date: Nov 2005 Location: Portland, Oregon Posts: 2,313 Likes (Received): 32	And a few larger images for kicks: __________________ Check out my flickr page. Contact me for prints.

November 5th, 2009, 04:06 PM	#8
Milwaukee, WY Front Range expatriate Join Date: Apr 2006 Location: Milwaukee, Cheyenne, Fort Collins Posts: 542 Likes (Received): 5	Oh, how I long for Skyking2 to come in here and complain that this project will only further exacerbate the "problem" of Milwaukee's rambling, spread out, gapped skyline. (Not really ) Personally, I love this building, and think this is great news. I am still cautious though, and need to see some construction work. __________________ Here's to the crazy one

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November 4th, 2009, 05:43 AM	#4
Paule Registered User Join Date: Jul 2005 Location: Wausau Posts: 2,002 Likes (Received): 8	Whooo!! I never gave up hope on this building. And qwerty44, now that it will be under construction it should have it's own thread. Somebody needs to post that picture with the Moderne superimpossed in the skyline. I still have the pic but I don't remember who originally posted it.

November 4th, 2009, 09:00 AM	#5
EastSider Fresh Coast Join Date: Oct 2004 Posts: 1,703 Likes (Received): 0	From Rinka Chung (Architect) Interior: Skyline

November 4th, 2009, 04:50 PM	#6
Paule Registered User Join Date: Jul 2005 Location: Wausau Posts: 2,002 Likes (Received): 8	Thanks EastSider, those last two pics were the ones I was talking about.

November 6th, 2009, 05:12 AM	#9
eMatt543 Registered User Join Date: Nov 2007 Location: Milwaukee Posts: 94 Likes (Received): 0	It'll be an awesome addition to our skyline, but knowing it took $9,000,000 of the city's money to get it done kinda' puts a damper on my excitement

November 6th, 2009, 06:40 AM	#12
EastSider Fresh Coast Join Date: Oct 2004 Posts: 1,703 Likes (Received): 0	^Good points. I had no idea it generated that much revenue in a year.

November 6th, 2009, 08:00 AM	#13
El Mariachi Has Left the Building Join Date: Nov 2007 Location: Near Lake Michigan Posts: 5,974 Likes (Received): 97	this is such an awesome building. The only downside is thinking how cool it would be next to that original rendering of the Palomar. But seriously, this is going to be a godsend to the skyline.

November 20th, 2009, 03:57 AM	#14
EastSider Fresh Coast Join Date: Oct 2004 Posts: 1,703 Likes (Received): 0	The website now says groundbreaking end of 2009, so hopefully they weren't lying about starting construction this month.

November 29th, 2009, 07:56 AM	#18
qwerty44 Registered User Join Date: Jan 2008 Location: Milwaukee Posts: 68 Likes (Received): 1	I saw the site tonight after going to the Bucks game and the orange trailer was still up... no construction yet, and its been 4 weeks since it got loan approval. But honestly after waiting 2 years waiting 2 or 3 more weeks doesn't really bother me.

August 19th, 2010, 12:59 AM	#19
stavo Registered User Join Date: Aug 2010 Posts: 4 Likes (Received): 0	i work at 6th in mckinley AVE. not sure if u guys seen tht building thts been getting restored but yea its gona be a college! and i can see the site where the moderne is gona be built ! they have the contractor trailer which is findorf there and a yellow bull dozer !!! so tht means there going to start it soon!!