THE COUTURE AT A GLANCE $122 MILLION TOTAL PROJECT COST 44 STORIES / 700,000 SQUARE FEET PUBLIC PLAZAS, PARK & PEDESTRIAN BRIDGES 302 MARKET RATE

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Baldric James
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1 MILWAUKEE

THE COUTURE AT A GLANCE $122 MILLION TOTAL PROJECT COST 44 STORIES / 700,000 SQUARE FEET PUBLIC PLAZAS, PARK & PEDESTRIAN BRIDGES 302 MARKET RATE APARTMENTS 54,893 SQUARE FEET OF DESTINATION

3 THE COUTURE AT A GLANCE $122 MILLION TOTAL PROJECT COST 44 STORIES / 700,000 SQUARE FEET PUBLIC PLAZAS, PARK & PEDESTRIAN BRIDGES 302 MARKET RATE APARTMENTS 54,893 SQUARE FEET OF DESTINATION RESTAURANT & RETAIL SPACE 570 PARKING SPACES (147 PUBLIC SPACES) 26% OF THE TOTAL SPACE IS FOR PUBLIC USE 2,074 JOBS (1,120 IN CONSTRUCTION) 150 PERMANENT JOBS CURRENT ANNUAL TAX REVENUE: $0 (CURRENT TRANSIT CENTER IS A COST TO TAX PAYERS TO MAINTAIN) $68,158,864 NEW TAX REVENUE OVER 30 YEARS FOR PUBLIC INFRASTRUCTURE AND OTHER PUBLIC INVESTMENTS CREATE A NEW DEMAND BY OFFERING A VITAL HOUSING OPTION FOR 600 NEW DOWNTOWN RESIDENTS 1 MILLION ANNUAL VISITORS

5 A Catalytic Part of the Lakefront Gateway Project Milwaukee County s Return on Investment 26% OF THE SITE WILL BE USED FOR NEW PUBLIC AMENITIES SUBSTANTIAL INVESTMENT IN NEW PUBLIC INFRASTRUCTURE ENHANCING PUBLIC TRANSIT, GREEN SPACE, PUBLIC ACCESS AND CONNECTIONS $3 MILLION IN DEVELOPER-FUNDED SITE DEMOLITION AND PREP COSTS $.5 MILLION IN DEVELOPER-FINANCED CONTINGENCY FUND FOR LEGAL COSTS $68,158,864 TOTAL NEW TAX REVENUE OVER 30 YEARS FOR PUBLIC INFRASTRUCTURE AND OTHER PUBLIC INVESTMENTS

6 PUBLIC AREAS: 26% OF TOTAL BUILDING AREA 17.5 MILLION IN NEW PUBLIC INFRASTRUCTURE ENHANCING PUBLIC TRANSIT, PUBLIC PARK, PUBLIC ACCESS & CONNECTIONS PEDESTRIAN VISITOR PLAZA 9,150sf PUBLIC TRANSIT CURB CUT

7 THE ONLY 24/7/365 VITALITY DESTINATION. A TRUE GATEWAY TO MILWAUKEE ROOFTOP PARK 29,385sf VISITOR WALKWAYS 12,940sf PUBLIC AREA CORE 7,394sf PUBLIC TRANSPORTATION CONCOURSE 20,855sf 08/21/2014

SUMMARY OF TIF FUNDING FOR PUBLIC AREAS 97 % OF THE SITE S GROUND LEVEL IS PUBLIC USE PUBLIC AREA CORE/COMMON SPACE 7,394sf PUBLIC TRANSPORTATION CONCOURSE 20,855sf ROOFTOP PUBLIC PARK

8 SUMMARY OF TIF FUNDING FOR PUBLIC AREAS 97 % OF THE SITE S GROUND LEVEL IS PUBLIC USE PUBLIC AREA CORE/COMMON SPACE 7,394sf PUBLIC TRANSPORTATION CONCOURSE 20,855sf ROOFTOP PUBLIC PARK 29,385sf PUBLIC ACCESS STAIRS TO WALKWAYS 1,715sf PUBLIC PEDESTRIAN VISITOR PLAZA 9,150sf VISITOR WALKWAYS 12,940sf TOTAL PUBLIC AREA: 81,561sf PUBLIC TRANSPORTATION CONCOURSE 20,855sf

9 VISITOR WALKWAYS 12,940sf PUBLIC ACCESS STAIRS AND WALKWAYS 1,715sf 26 % OF THE BUILDING AREAS ARE FOR PUBLIC USE

WISCONSIN AVENUE FUTURE DEVELOPMENT MICHIGAN STREET CONNECTION TO

OUTDOOR PEDESTRIAN WALKWAY RETAIL NEW CLYBOURN BOULEVARD BRIDGE

RETAIL RESTAURANT OUTDOOR WALKWAY ROOFTOP TERRACE LINCOLN

14 WISCONSIN AVENUE FUTURE DEVELOPMENT MICHIGAN STREET CONNECTION TO O DONNELL PARK GRAND STAIR/ ESCALATOR PARKING PEDESTRIAN BRIDGE OUTDOOR PEDESTRIAN WALKWAY RETAIL NEW CLYBOURN BOULEVARD BRIDGE CONNECTION TO FUTURE DEVELOPMENT RETAIL PEDESTRIAN BRIDGE LOBBY RETAIL RESTAURANT OUTDOOR WALKWAY ROOFTOP TERRACE LINCOLN MEMORIAL DRIVE PUBLIC LOBBY PARKING AMENITY LEVEL 2 CONCEPT STACKING DIAGRAM

ESCALATOR O D BIKE SHARE RETAIL ENTRY PLAZA LOBBY

STREET RETAIL OUTDOOR PLAZA (STORMWATER RETENTION)

DINING CONNECTION TO MUSEUM GROUNDS AND DISCOVERY

15 WISCONSIN AVENUE FUTURE DEVELOPMENT MICHIGAN STREET O DONNELL PARK PUBLIC LOBBY GRAND STAIR/ ESCALATOR O D BIKE SHARE RETAIL ENTRY PLAZA LOBBY MILWAUKEE ART MUSEUM BIKE SHARE PARKING PEDESTRIAN STREET RETAIL OUTDOOR PLAZA (STORMWATER RETENTION) DISCOVERY WORLD RETAIL RETAIL/ RESTAURANT OUTDOOR DINING CONNECTION TO MUSEUM GROUNDS AND DISCOVERY WORLD NEW RETAIL DESTINATION LINCOLN MEMORIAL DRIVE G DIAGRAM

19 Wow the Nation By David Holmes - Aug 27th, :43 pm U.S. Cities with 44-Story or Higher CITY #Buildings Completed * Max Floors #Buildings Completed * Max Floors #Buildings Under Construction* Max Floors NY City Chicago Miami Las Vegas Atlanta Philadelphia San Francisco Austin Los Angeles Charlotte Denver

20 Barrett Visionary Development 260 East Highland, Suite 401 Milwaukee, Wisconsin

TOWN COUNCIL / PLANNING COMMISSION

Workshop #3 TOWN COUNCIL / PLANNING COMMISSION January 20, 2011 Consultant Team In Attendance Tonight BMS Design Group Nevada City and San Francisco Michael Smiley, AICP, ASLA Partner-in-Charge Nancy L.