Milwaukee Business Journal readers know our publication puts a lot of emphasis on real estate news — and justifiably so as real estate dealings impact everybody in every business, in one way or another.
That’s what makes our annual Real Estate Awards so special. It’s a chance to recognize the projects — and the people behind them — that improve our region and continue making this a great community to live, work and visit.
This year we’re honoring 17 projects or deals that were completed in 2016. The 63 nominations received by far exceeded the 40-range submitted for the 2014-2016 awards — a clear sign that southeastern Wisconsin’s economy continues to recover from the Great Recession. By comparison, our awards program for 2010 and 2011 received 36 and 37 entries, respectively.
From retail to office, industrial and hospitality, the projects our judges selected for this year’s awards represent creative architectural design and first-class construction, and above all, have a positive impact on the community, the cornerstone for our Real Estate Awards.
Among the projects being recognized this year is the Uline Distribution Center, a 1.1-million-square-foot facility that supports Uline’s ongoing business growth and added workforce. In downtown Milwaukee, the 18-story 833 East Michigan office building not only adds to the city’s skyline, but it was built with a third of the project hours completed by workers participating in a workforce diversity program. Not far away in the 3rd Ward, the Kimpton Journeyman Hotel, a luxury boutique hotel with 158 rooms, offers a new addition to the increasing live-work-play environment to the downtown area.
Beyond new construction, it’s important to recognize the redevelopment and renovation projects that help maintain the Milwaukee area’s storied past. The Eleven25 at Pabst project just west of downtown converted a former bottling building at the Pabst Brewing Co. site into a mixed-use development offering residential, office, a food court and convenience store. Also, farther west at the former Concordia College campus near North 31st Street and West Kilbourn Avenue, the Forest County Potawatomi Community restored some buildings and continues to work on others for its Wgetthta renovation and Wgema campus projects, and a redevelopment brought back to life the historic Walter Schmidt Tavern in the 1800 block of West Fond du Lac Avenue.
We plan to honor all of our 17 winners, and name the Project of the Year, at an awards luncheon on April 13, followed by individual stories about these important projects in our April 14 issue. Below is a complete list of winners; first- and second-place designations won't be announced until the April 13 awards event — just a little added suspense. Which one is your Project of the Year?
2017 REAL ESTATE AWARD WINNERS
• Echelon Apartments at Innovation Campus, 9810 Echelon Lane, Wauwatosa
• 833 East Michigan, 833 E. Michigan St., Milwaukee
• Eleven25 at Pabst, 1125 N. Ninth St., Milwaukee
• Farmland Conservation Project, Town of Troy (Walworth County)
• Historic Walter Schmidt Tavern Redevelopment, 1848-50 W. Fond du Lac Ave., Milwaukee
• Kimpton Journeyman Hotel, 310 E. Chicago St., Milwaukee
• Make-A-Wish Wisconsin, 11020 W. Plank Court, Wauwatosa
• Milwaukee Intermodal Station (renovations), 433 W. St. Paul Ave., Milwaukee
• Milwaukee TechForce Training Center, 1916 N. Fourth St., Milwaukee
• MobCraft Brewery, 505 S. Fifth St., Milwaukee
• Orthopaedic Associates of Wisconsin, N15 W28300 Golf Road, Pewaukee
• Shorewood Metro Market / Mosaic on Oakland, 4075-4175 N. Oakland Ave., Shorewood
• Traction Factory (office conversion), 247 S. Water St., Milwaukee
• Uline Distribution Center, 13305 104th St., Pleasant Prairie
• Village Pointe Commons, 101 Walnut Circle, Grafton
• Wgetthta Renovation at Wgema Campus, 3136 W. Kilbourn Ave., Milwaukee
• Wisconsin Athletic Club, 20075 Water Tower Blvd., Brookfield
Todd Bragstad - Managing Editor of the Milwaukee Business Journal and also oversees special sections.
Milwaukee Business Journal