MILWAUKEE | Moderne | 316' | 31 fl | Completed - Page 5

3rd_Coast · December 3rd, 2010, 07:07 PM

Moderne high-rise project seeks city street work permit

By Tom Daykin of the Journal Sentinel

http://www.jsonline.com/newswatch/111270454.html

Dec. 3, 2010 11:24 am

The Common Council's Public Works Committee, at its Wednesday meeting, will consider a request for a permit allowing Moderne construction manager J.H. Findorff and Son to use a portion of an alley and Old World 3rd St. when it begins work on the upcoming project.

But it's another sign for the skeptics that the project, planned for the southwest corner of W. Juneau Ave. and N. Old World 3rd St., is moving forward.

The $55 million Moderne, which will have 203 apartments and 14 condos, won final approval in August for a federal guarantee on developer Rick Barrett's $41.4 million loan from the AFL-CIO Housing Investment Trust.

That loan is expected to close this month, according to a spokeswoman at the Milwaukee office of the U.S. Department of Housing and Urban Development. If Barrett defaults on the AFL-CIO loan, the money to cover any loss would come from a fund generated by mortgage insurance premiums that borrowers pay as part of the HUD program

Boatnurd · December 12th, 2010, 05:11 PM

How long has that Findorf trailer been sitting on the lot? It may have just don't recall it being that big. Went to the Harbor House for dinner last night and drove around to see the Christmas lights.

***i_am_hydrogen*** · December 21st, 2010, 09:17 PM

Moderne high-rise loan finalized, work to begin in early 2011
By Tom Daykin of the Journal Sentinel
Dec. 21, 2010 1:53 p.m.

I reported in November that the federal loan guarantee for downtown Milwaukee's Moderne high-rise was expected to be finalized in December.

I just got off the phone with a spokeswoman for the U.S. Department of Housing and Urban Development's local office. She told me Moderne developer Rick Barrett and HUD officials are signing the loan guarantee documents "as we speak."

I haven't had a chance to call Barrett yet. But I assume this means the groundbreaking will be scheduled soon, perhaps for after the holidays. The work on the Moderne, which will take about two years to complete, will begin in 2011.

The HUD guarantee backs the Moderne's main financing: a $41.4 million loan from the AFL-CIO Housing Investment Trust...

http://www.jsonline.com/blogs/business/112265454.html

Steely Dan · December 21st, 2010, 09:20 PM

^ an early christmas present. awesome!

neqquah · December 21st, 2010, 10:01 PM

it's about time!

***i_am_hydrogen*** · December 22nd, 2010, 05:29 PM

Downtown project gains loan guarantee
Moderne will be built in former freeway corridor
By Tom Daykin of the Journal Sentinel

Dec. 21, 2010

The federal loan guarantee for downtown Milwaukee's Moderne high-rise was signed Tuesday, paving the way for work to begin in early 2011 on the $55 million project.

http://www.jsonline.com/business/112292494.html

Paule · December 24th, 2010, 09:40 PM

Quote:

Originally Posted by i_am_hydrogen

Downtown project gains loan guarantee
Moderne will be built in former freeway corridor
By Tom Daykin of the Journal Sentinel

Dec. 21, 2010

The federal loan guarantee for downtown Milwaukee's Moderne high-rise was signed Tuesday, paving the way for work to begin in early 2011 on the $55 million project.

http://www.jsonline.com/business/112292494.html

Yeah!! but I still wish they would give a date for ground breaking though.

***i_am_hydrogen*** · December 29th, 2010, 04:20 PM

Site preparation work underway for The Moderne
Published December 29, 2010 - Real Estate Weekly

The day after developer Rick Barrett closed on the financing package for the $55 million Moderne development last week, workers with J.H. Findorff & Son Inc. began preparation work at the site, located southwest of Old World Third Street and Juneau Avenue in downtown Milwaukee...

...Site preparation work for The Moderne is continuing this week, and construction work is expected to begin next week, said Eric Wynn, Findorff senior project manager. “We are taking this week and doing a lot of the mobilization to the job site,” Wynn said. “The week of January 3 we hope to start actual, physical construction."...

http://www.biztimes.com/realestatewe...or-the-moderne

Boatnurd · January 29th, 2011, 10:34 PM

Photo taken on 1/29/2011 - Sorry for the lousy clarity. It was a window rolled down shot while the guy behind me was beeping his horn as I drove through the green light. They are driving pilings which is odd as I thought they would have removed some ground first. Do they drive them deep then remove the ground to create the foundation?

honest86 · February 5th, 2011, 02:20 AM

Any new updates? I don't get to mke very often anymore so this site is the only way I know what is happening in the city.

MarqKev · February 5th, 2011, 07:16 AM

Honest86, I'm also not in the city right now, but I noticed that the developers have construction pictures posted on the website for the Moderne. Seems like they are updating them every 2 weeks or so, although I haven't figured out how to get them any larger.

If you click here, they should show up after the intro graphics play.

I wouldn't be opposed to some larger pics though, if anyone has a chance to head over to the site!

Boatnurd · February 5th, 2011, 08:02 PM

Hot off the press! Saturday February 5, 2011. A 347' tower rising from the ground.

Foundation for the crane

They started digging!

This old building will be dwarfed by the 30 story tower.

mohammed wong · February 6th, 2011, 12:42 AM

nice pics boatnurd.

I always like that 3 story building next door too.

This is big news for MKE.
Its the just the beginning for the Park East and surrounding area.

D-res · February 11th, 2011, 03:30 AM

Sorry, too much work to resize on a cell phone. These from this afternoon. NOW there is a tower crane on the site.

MilwaukeeMax · February 12th, 2011, 12:55 AM

here you go... some video i shot on my bike ride to work today...

spectre000 · February 12th, 2011, 01:01 AM

A crane already. That was quick!

Boatnurd · February 12th, 2011, 02:14 PM

I believe the The Moderne will be the most influential structure built in the city of Milwaukee in many years.

It stretches the city north and west while raising the skyline in a whole new dimension. This may also create a catalyst of activity in an area that has been virtually dormant (in terms of height) in more than 30+ years. I think this will be the tallest building in Wisconsin west of the Milwaukee river. Correct?

From a top down view, The Moderne will frame the city center stretching it to four corners: The Breakwater, US Bank, Clark Building, and The Moderne. Now, lets get hope the middle gets filled in with other super-talls.

skylinedude · February 12th, 2011, 08:44 PM

Yes, this will be the tallest building west of the Milwaukee River. The building will be the 9th tallest in Milwaukee when completed. It will be just short of the flagpole height at Milwaukee City Hall and taller than 1000 Water. I agree that that the Moderne will be similar to BreakWater because it will be a towering hi-rise dominating the skyline in the neighborhood. I think in the future we will see more neighborhoods in Milwaukee near the downtown go along with this type of development and also preservation.

MilwaukeeMax · February 13th, 2011, 06:50 AM

just curious if anyone knows what used to be on this site where the Moderne is being built... yeah, yeah, I know it's been an 'empty lot' for years and years but I wondered what the last building on this site had been and when...

Boatnurd · February 13th, 2011, 02:22 PM

I am soliciting the answer to this quiz question. This may be a stumper to those in another forum.

December 3rd, 2010, 07:07 PM	#81
3rd_Coast Registered User Join Date: Oct 2008 Location: Milwaukee Posts: 44 Likes (Received): 0	Construction start is near on new 30-Story Tower Moderne high-rise project seeks city street work permit By Tom Daykin of the Journal Sentinel http://www.jsonline.com/newswatch/111270454.html Dec. 3, 2010 11:24 am The Common Council's Public Works Committee, at its Wednesday meeting, will consider a request for a permit allowing Moderne construction manager J.H. Findorff and Son to use a portion of an alley and Old World 3rd St. when it begins work on the upcoming project. But it's another sign for the skeptics that the project, planned for the southwest corner of W. Juneau Ave. and N. Old World 3rd St., is moving forward. The $55 million Moderne, which will have 203 apartments and 14 condos, won final approval in August for a federal guarantee on developer Rick Barrett's $41.4 million loan from the AFL-CIO Housing Investment Trust. That loan is expected to close this month, according to a spokeswoman at the Milwaukee office of the U.S. Department of Housing and Urban Development. If Barrett defaults on the AFL-CIO loan, the money to cover any loss would come from a fund generated by mortgage insurance premiums that borrowers pay as part of the HUD program

December 12th, 2010, 05:11 PM	#82
Boatnurd Registered User Join Date: Feb 2005 Location: Milwaukee Posts: 365 Likes (Received): 5	Ground breaking soon? How long has that Findorf trailer been sitting on the lot? It may have just don't recall it being that big. Went to the Harbor House for dinner last night and drove around to see the Christmas lights. __________________ Milwaukee Homegrown

December 21st, 2010, 09:17 PM	#83
*i_am_hydrogen* muted Join Date: Dec 2004 Location: Chicago Posts: 7,183 Likes (Received): 27	Merry Christmas Moderne high-rise loan finalized, work to begin in early 2011 By Tom Daykin of the Journal Sentinel Dec. 21, 2010 1:53 p.m. I reported in November that the federal loan guarantee for downtown Milwaukee's Moderne high-rise was expected to be finalized in December. I just got off the phone with a spokeswoman for the U.S. Department of Housing and Urban Development's local office. She told me Moderne developer Rick Barrett and HUD officials are signing the loan guarantee documents "as we speak." I haven't had a chance to call Barrett yet. But I assume this means the groundbreaking will be scheduled soon, perhaps for after the holidays. The work on the Moderne, which will take about two years to complete, will begin in 2011. The HUD guarantee backs the Moderne's main financing: a $41.4 million loan from the AFL-CIO Housing Investment Trust... http://www.jsonline.com/blogs/business/112265454.html __________________ flickrgallery

December 21st, 2010, 09:20 PM	#84
Steely Dan facist lord of the cosmos Join Date: Aug 2002 Location: old style city Posts: 2,601 Likes (Received): 10	^ an early christmas present. awesome! __________________ "I wish they'd hurry up and just destroy humanity already........... it's the waiting that I can't stand" - Philip J. Fry

December 22nd, 2010, 05:29 PM	#86
*i_am_hydrogen* muted Join Date: Dec 2004 Location: Chicago Posts: 7,183 Likes (Received): 27	Downtown project gains loan guarantee Moderne will be built in former freeway corridor By Tom Daykin of the Journal Sentinel Dec. 21, 2010 The federal loan guarantee for downtown Milwaukee's Moderne high-rise was signed Tuesday, paving the way for work to begin in early 2011 on the $55 million project. http://www.jsonline.com/business/112292494.html __________________ flickrgallery

December 21st, 2010, 10:01 PM	#85
neqquah Registered User Join Date: Oct 2002 Location: Milwaukee, WI Posts: 184 Likes (Received): 2	it's about time!

December 29th, 2010, 04:20 PM	#88
*i_am_hydrogen* muted Join Date: Dec 2004 Location: Chicago Posts: 7,183 Likes (Received): 27	Site preparation work underway for The Moderne Published December 29, 2010 - Real Estate Weekly The day after developer Rick Barrett closed on the financing package for the $55 million Moderne development last week, workers with J.H. Findorff & Son Inc. began preparation work at the site, located southwest of Old World Third Street and Juneau Avenue in downtown Milwaukee... ...Site preparation work for The Moderne is continuing this week, and construction work is expected to begin next week, said Eric Wynn, Findorff senior project manager. “We are taking this week and doing a lot of the mobilization to the job site,” Wynn said. “The week of January 3 we hope to start actual, physical construction."... http://www.biztimes.com/realestatewe...or-the-moderne __________________ flickrgallery

January 29th, 2011, 10:34 PM	#89
Boatnurd Registered User Join Date: Feb 2005 Location: Milwaukee Posts: 365 Likes (Received): 5	Photo taken on 1/29/2011 - Sorry for the lousy clarity. It was a window rolled down shot while the guy behind me was beeping his horn as I drove through the green light. They are driving pilings which is odd as I thought they would have removed some ground first. Do they drive them deep then remove the ground to create the foundation? __________________ Milwaukee Homegrown Last edited by Boatnurd; January 29th, 2011 at 10:40 PM.

February 5th, 2011, 02:20 AM	#90
honest86 Registered User Join Date: Feb 2006 Location: New York City Posts: 415 Likes (Received): 5	Any new updates? I don't get to mke very often anymore so this site is the only way I know what is happening in the city.

February 5th, 2011, 07:16 AM	#91
MarqKev Registered User Join Date: Jul 2007 Location: Milwaukee Posts: 99 Likes (Received): 0	Honest86, I'm also not in the city right now, but I noticed that the developers have construction pictures posted on the website for the Moderne. Seems like they are updating them every 2 weeks or so, although I haven't figured out how to get them any larger. If you click here, they should show up after the intro graphics play. I wouldn't be opposed to some larger pics though, if anyone has a chance to head over to the site!

February 5th, 2011, 08:02 PM	#92
Boatnurd Registered User Join Date: Feb 2005 Location: Milwaukee Posts: 365 Likes (Received): 5	Hot off the press! Saturday February 5, 2011. A 347' tower rising from the ground. Foundation for the crane They started digging! This old building will be dwarfed by the 30 story tower. __________________ Milwaukee Homegrown Last edited by Boatnurd; February 5th, 2011 at 10:44 PM.

February 6th, 2011, 12:42 AM	#93
mohammed wong Registered User Join Date: Oct 2005 Location: Chevanston, IL Posts: 1,895 Likes (Received): 0	nice pics boatnurd. I always like that 3 story building next door too. This is big news for MKE. Its the just the beginning for the Park East and surrounding area.

February 11th, 2011, 03:30 AM	#94
D-res BANNED Join Date: Apr 2005 Location: Milwaukee, WI Posts: 669 Likes (Received): 0	Sorry, too much work to resize on a cell phone. These from this afternoon. NOW there is a tower crane on the site.

February 12th, 2011, 12:55 AM	#95
MilwaukeeMax Registered User Join Date: Sep 2009 Location: Milwaukee Posts: 995 Likes (Received): 17	Moderne construction video here you go... some video i shot on my bike ride to work today... Last edited by MilwaukeeMax; February 12th, 2011 at 01:04 AM.

February 12th, 2011, 01:01 AM	#96
spectre000 Registered User Join Date: Jul 2008 Location: St. Paul Posts: 5,059 Likes (Received): 256	A crane already. That was quick!

February 12th, 2011, 02:14 PM	#97
Boatnurd Registered User Join Date: Feb 2005 Location: Milwaukee Posts: 365 Likes (Received): 5	I believe the The Moderne will be the most influential structure built in the city of Milwaukee in many years. It stretches the city north and west while raising the skyline in a whole new dimension. This may also create a catalyst of activity in an area that has been virtually dormant (in terms of height) in more than 30+ years. I think this will be the tallest building in Wisconsin west of the Milwaukee river. Correct? From a top down view, The Moderne will frame the city center stretching it to four corners: The Breakwater, US Bank, Clark Building, and The Moderne. Now, lets get hope the middle gets filled in with other super-talls. __________________ Milwaukee Homegrown Last edited by Boatnurd; February 12th, 2011 at 05:06 PM.

February 12th, 2011, 08:44 PM	#98
skylinedude Registered User Join Date: Jan 2009 Posts: 219 Likes (Received): 2	Yes, this will be the tallest building west of the Milwaukee River. The building will be the 9th tallest in Milwaukee when completed. It will be just short of the flagpole height at Milwaukee City Hall and taller than 1000 Water. I agree that that the Moderne will be similar to BreakWater because it will be a towering hi-rise dominating the skyline in the neighborhood. I think in the future we will see more neighborhoods in Milwaukee near the downtown go along with this type of development and also preservation.

February 13th, 2011, 06:50 AM	#99
MilwaukeeMax Registered User Join Date: Sep 2009 Location: Milwaukee Posts: 995 Likes (Received): 17	just curious if anyone knows what used to be on this site where the Moderne is being built... yeah, yeah, I know it's been an 'empty lot' for years and years but I wondered what the last building on this site had been and when...

February 13th, 2011, 02:22 PM	#100
Boatnurd Registered User Join Date: Feb 2005 Location: Milwaukee Posts: 365 Likes (Received): 5	I am soliciting the answer to this quiz question. This may be a stumper to those in another forum. __________________ Milwaukee Homegrown

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