Competition in the Midwest.
Unlike Chicago's, the Milwaukee skyline hasn't changed much in the past decade. The last building that captured national attention was the soaring, white-winged Quadracci Pavilion, designed for the Milwaukee Art Museum by Santiago Calatrava and named to Time magazine's “Best Design” list in 2001.
What you can't see, but soon will, is an entrepreneurial revival that funnels through the downtown corridor south to the trending Bay View neighborhood. This spirit is bolstered, in part, by a handful of Chicago business owners who have relocated here in search of cheaper cost of living, a collaborative entrepreneurial community and a highly educated workforce, not to mention fewer taxes and lower rents.
In terms of skyline-altering projects, construction will begin this year on a 275-unit, 37-story apartment building backed by Chicago developer Carroll Properties, the firm behind a luxury apartment in downtown Evanston and the McGill Mansion conversion on Chicago's North Side. Proposals are floating for a 44-story apartment building hugging Lake Michigan in the shadow of the $76 million tower.
Tuesday, January 13, 2015
Why Chicago businesses love Milwaukee now
Crain's Chicago Business reports: