MILWAUKEE | Lake Pointe Tower | 42 fl | Pro

[Jschmuck]

Rinka Chung Architecture website has a new and different rendering of LPT;

http://http://www.rinkachung.com/RCA.htm

on the site click projects, then click on the right scroll arrow, the LPT is the third from right image.

[Badgers77]

Neat.

But it aint happenin

[exit_320]

This project is dead -- the site is being incorporated into a different development plan.

[hybridy]

IT'S BAAACK

http://milwaukee.bizjournals.com/milwaukee/stories/2009/04/06/story1.html?b=1238990400^1806001

Virchow Krause & Co. is negotiating with a Brookfield development firm to become the first tenant in a resurrected downtown Milwaukee office building proposed to replace the U.S. Bank parking structure at the intersection of North Cass and East Michigan streets.

[exit_320]

The new development will not be in the same place as the tower in this thread -- it will be one site to the west and directly south of the current tower.

[Paule]

Maybe we can start discussing which rendering we like best now that this project is alive again!

http://www.skyscrapercity.com/showpo...postcount=2167









.

[Badgers77]

Originally Posted by hybridy

IT'S BAAACK

http://milwaukee.bizjournals.com/milwaukee/stories/2009/04/06/story1.html?b=1238990400^1806001

Virchow Krause & Co. is negotiating with a Brookfield development firm to become the first tenant in a resurrected downtown Milwaukee office building proposed to replace the U.S. Bank parking structure at the intersection of North Cass and East Michigan streets.

Hopefully one large firm going in will "ignite" other firms to move in as well. Let's get this thing rolling! And for god's sake, just make it a story or two taller than the US Bank Tower!

[exit_320]

Originally Posted by Paule

Maybe we can start discussing which rendering we like best now that this project is alive again!

http://www.skyscrapercity.com/showpo...postcount=2167

That rendering and all others no longer apply, since the site has been moved.



U.S. Bank working on redevelopment plan for parking structure

Published January 28, 2009 - Real Estate Weekly

Minneapolis-based U.S. Bancorp is examining the possibility of redeveloping the 900-space parking structure located to the south of its 42-story office tower in downtown Milwaukee.

U.S. Bank hired Brookfield-based Hammes Co. to help create a redevelopment plan for the parking structure. U.S. Bank has been working on the project with Hammes since last fall.

"We are investigating the possibility of replacing our parking structure," said U.S. Bancorp vice president Joe Ullrich. "In doing so we are investigating how we might re-build it to allow for the best chance for a redevelopment, the highest and best use, rather than just a replacement. Hammes is helping us determine what we should be looking at."

Stuart Zadra, vice president of Hammes Co., declined to disclose details about the development that could be incorporated into the parking structure site.

"We are in the initial stages of establishing that plan," he said.

The property's location near Lake Michigan and next to the U.S. Bank building and near other major downtown firms, including Northwestern Mutual Life Insurance Co. and Johnson Controls, makes it very attractive for development, Zadra said. The recession makes a major redevelopment difficult, but the involvement of a major financial institution such as U.S. Bank is a major plus, he said.

A few years ago U.S. Bank partnered with JBK Properties on a proposed 40-story mixed use building for the site of the garage annex, located southeast of the U.S. Bank office tower and next to the tower's parking structure. That project, called Lake Pointe Tower, never moved forward because JBK could not obtain an anchor office tenant.

The garage annex would be incorporated into the master plan for the parking structure redevelopment, Ullrich said.

U.S. Bancorp hopes to begin work on the project this year, Ullrich said.

"We're looking at a plan to do significant repairs to the parking structure or to start a redevelopment project before the end of the year," he said.

[Paule]

Originally Posted by exit_320

That rendering and all others no longer apply, since the site has been moved.



U.S. Bank working on redevelopment plan for parking structure

Published January 28, 2009 - Real Estate Weekly

Minneapolis-based U.S. Bancorp is examining the possibility of redeveloping the 900-space parking structure located to the south of its 42-story office tower in downtown Milwaukee.

U.S. Bank hired Brookfield-based Hammes Co. to help create a redevelopment plan for the parking structure. U.S. Bank has been working on the project with Hammes since last fall.

"We are investigating the possibility of replacing our parking structure," said U.S. Bancorp vice president Joe Ullrich. "In doing so we are investigating how we might re-build it to allow for the best chance for a redevelopment, the highest and best use, rather than just a replacement. Hammes is helping us determine what we should be looking at."

Stuart Zadra, vice president of Hammes Co., declined to disclose details about the development that could be incorporated into the parking structure site.

"We are in the initial stages of establishing that plan," he said.

The property's location near Lake Michigan and next to the U.S. Bank building and near other major downtown firms, including Northwestern Mutual Life Insurance Co. and Johnson Controls, makes it very attractive for development, Zadra said. The recession makes a major redevelopment difficult, but the involvement of a major financial institution such as U.S. Bank is a major plus, he said.

A few years ago U.S. Bank partnered with JBK Properties on a proposed 40-story mixed use building for the site of the garage annex, located southeast of the U.S. Bank office tower and next to the tower's parking structure. That project, called Lake Pointe Tower, never moved forward because JBK could not obtain an anchor office tenant.

The garage annex would be incorporated into the master plan for the parking structure redevelopment, Ullrich said.

U.S. Bancorp hopes to begin work on the project this year, Ullrich said.

"We're looking at a plan to do significant repairs to the parking structure or to start a redevelopment project before the end of the year," he said.

Yeah you're right, I was wondering about whether they would now have to come up with a brand new design. I thought the first one was good and making a bold statement, while that new one that came out not to long ago seemed a bit uninspired. If there is going to be a new one coming out lets hope it's better than the other first two. That will depend if they can land 1 or 2 more tenents to the deal. Otherwise I hope someone is working out a design right now.

[bjkeys321]

I actually loved the old rendering, it was classy.

[Paule]

Originally Posted by bjkeys321

I actually loved the old rendering, it was classy.

Not bad, like I said, I thought it was good and bold. Hopefully the same architects that designed it will work on the new design! That newer rendering was too much of a box in my opinion.

[perilouspete]

I think this is the most exciting potential project in Milwaukee. I really hope they can get enough support for this, and it would be awesome if it was at least 40 stories and doesn't get scaled down.

[perilouspete]

Oh, and I know they're apparently obsolete but I really liked the second renderings a lot. That building looked really cool. *Please let something like this happen*

[exit_320]

U.S. Bank to replace parking structure

Minneapolis-based U.S. Bancorp is seeking tax exempt bonds through the city of Milwaukee's Redevelopment Authority to replace the parking structure for the U.S. Bank Center at 777 E. Wisconsin Ave. in downtown Milwaukee.

The three-story parking structure, located immediately south of the 42-story U.S. Bank Center, will be demolished and replaced with a 7.5-level structure with 896 parking spaces. One level of the parking structure will be under ground. The cost of the project is $19 million.

The Redevelopment Authority will consider the request for tax exempt bonds for the project during its meeting on Thursday.

The parking structure needs to be replaced because it is deteriorating, according to U.S. Bancorp. Vehicles are no longer permitted to park on top of the structure, because of the deterioration.

The new parking structure will be taller and narrower than the existing structure, so its footprint will be considerably smaller than the existing structure. That will open up some land on the block that could be used for a future development.

U.S. Bank hired Brookfield-based Hammes Co. to help create a redevelopment plan for the parking structure property.

Representatives for U.S. Bank and Hammes could not be reached for comment.

[exit_320]

So when do they announce the project for the other part of the property?

[EastSider]

Originally Posted by exit_320

U.S. Bank to replace parking structure

The three-story parking structure, located immediately south of the 42-story U.S. Bank Center, will be demolished and replaced with a 7.5-level structure with 896 parking spaces.

The new parking structure will be taller and narrower than the existing structure.

Freeing up space for another development, I'll take it!