Office Tower to 220 Apartments | Milwaukee News

Downtown’s third-largest office building is getting a major facelift—73.6 million dollars to convert part of it into 220 apartments, while keeping the west tower for offices. The city’s Redevelopment Authority just approved a hefty 6.4 million tax incentive to help, shifting financial risk to the developer. This isn’t just about housing; it’s a strategic move to revitalize underused office space and bolster the city’s tax base. Fifty units will be restricted rent, making them more affordable. Built in 1983, the building reflects a broader trend along Wisconsin Avenue as downtown spaces pivot from work to living. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ed5d606ea042c46c