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Office Conversion Projects Face Headwinds in Milwaukee, Wisconsin

Construction and Financing Costs Hindering Once Active Segment of Downtown
The 100 East building, which is planned for conversion into 350 luxury apartments, recently was denied for historic preservation tax credits. (CoStar)
The 100 East building, which is planned for conversion into 350 luxury apartments, recently was denied for historic preservation tax credits. (CoStar)
CoStar Analytics
August 29, 2024 | 4:09 P.M.

With elevated construction and financing costs and early signs of saturation in the high-end apartment segment, office conversions, which have been prevalent Downtown over the past decade, may not be the obvious recourse they once were.

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