For the third consecutive year, Principal and Housing & Hospitality Team Leader Tom Miller is featured in Urban Land Institute’s special “Midwest” section. See Tom’s contributions to the article below, including a link to the complete text.
Housing starts in the Milwaukee area have more than doubled in the past year, notes Thomas Miller, principal, housing and hospitality team leader at local design firm Kahler Slater. “We have many clients who are bullish on this sector,” he adds. “Even if the market this year isn’t as robust as 2017, it will still remain very strong. Retirees and those new to the urban workforce continue to create demand in walkable urban neighborhoods throughout the city.”
Among the residential projects under construction are the 192-unit 1550 N. Prospect apartment tower overlooking Lake Michigan and the adaptive use of the obsolete Park East Hotel into Vantage on the Park, a 96-unit luxury multifamily building. Both are designed by Kahler Slater.
Wisconsin’s hospitality market also remains healthy. “We have literally thousands of guest rooms on the drawing boards and have had over a dozen hotels in some state of construction over the course of the last year,” Miller says.