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Downtown Milwaukee Office Proposals Raise Questions Over Feasibility

Local Officials Concerned as Record Levels of Available Space Linger on the Market
A $700 million proposal by The Neutral Project was selected by the city of Milwaukee to replace an aging parking garage in Downtown. (Michael Green Architecture)
A $700 million proposal by The Neutral Project was selected by the city of Milwaukee to replace an aging parking garage in Downtown. (Michael Green Architecture)
CoStar Analytics
August 29, 2024 | 3:42 P.M.

A request for proposals (RFP) to redevelop a city-owned parking garage into a mix of apartments, offices, retail and hotels has drawn multiple bids, which have city leaders questioning the demand for the project's scope and scale, particularly for the proposed office space.

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