333 North Water

333 North Water is an under-construction high-rise apartment building in the Third Ward neighborhood of Milwaukee, Wisconsin. The 342-foot, 31-story high-rise will become the state of Wisconsin's sixth tallest residential building when it is completed, and will feature 295 high-end apartments, 10,000 square feet of restaurant and retail space, and an adjoining 7-story parking structure with hundreds of parking spaces.[1]

333 North Water
Rendering of 333 N Water St
General information
StatusUnder construction
TypeResidential
Location333 N. Water Street
Milwaukee, Wisconsin
United States
Coordinates43°02′04″N 87°54′33″W
Construction started2022
Estimated completion2024
Technical details
Floor count31
Design and construction
Architect(s)Solomon Cordwell Buenz
DeveloperHines Interests Limited Partnership
Other information
Public transit accessBus interchange MCTS
Tram interchange The Hop
Website
www.scb.com/project/333-north-water-street/

History

On May 19, 2021, the developer, Hines Interests Limited Partnership, announced its intention to develop a residential apartment tower in the Historic Third Ward that would rise 32 stories (365 feet) and contain 295 units, becoming the tallest building in the neighborhood.[2] On June 16, 2021, the project was approved by the Historic Third Ward Architectural Review Board.[3] The developer spent 2021 and most of 2022 securing permits and finalizing design before completing the site purchase for $6 million in June 2022.[4]

Construction

Construction on the tower began in September 2022 with expected completion in 2024.[5] Chicago based Solomon Cordwell Buenz is serving as the lead architect for the project with Chicago-based W.E. O'Neil Construction serving as the General Contractor. As part of the project, the city of Milwaukee created a $903,000 in tax incremental finance assistance for a 210-linear foot connection to the Milwaukee Riverwalk system.[6]

References

  1. "333 North Water Street". SCB. Retrieved November 30, 2022.
  2. Jannene, Jeramey. "Eyes on Milwaukee: $140 Million, 32-Story Third Ward Tower Revealed". Urban Milwaukee. Retrieved November 30, 2022.
  3. Jannene, Jeramey. "Eyes on Milwaukee: Third Ward Tower's Design Approved". Urban Milwaukee. Retrieved November 30, 2022.
  4. Jannene, Jeramey. "Eyes on Milwaukee: Third Ward Tower Site Sells For $6 Million". Urban Milwaukee. Retrieved November 30, 2022.
  5. Daykin, Tom. "A future downtown Milwaukee apartment high-rise site has been sold for $6 million. Site work has started at Water St. and St. Paul Ave". Journal Sentinel. Retrieved November 30, 2022.
  6. Spoto, Cara (July 7, 2022). "Hines' Third Ward tower project slated to receive $903,000 in TIF for RiverWalk connection". BizTimes – Milwaukee Business News. Retrieved November 30, 2022.
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