Author: mindspike

Milwaukee developers of what would become the tallest timber-structured building in the world say they have secured the equity investors needed for the project, and have started work on foundations.

The heavy timber pieces are being assembled in downtown Milwaukee for what is expected to become the world’s tallest building with a manufactured wood structure.

A high school level educational program launched this week for 20 students to be taught by Milwaukee-area real estate executives from some of the region’s most active firms.

The construction of Ascent, a 25-story apartment tower, looks like no other project in the city.

A fitness studio that uses heat and infrared energy is moving into the retail space at the Rhythm apartment building.

When completed the 284-foot residential complex will be the tallest wood tower in the world, rising 4 feet higher than a mix-used structure built in Brumunddal, Norway in 2019.

With three high-end downtown apartment towers under development, we’re taking a closer look at their similarities — as well as some big differences.

The Covid-19 pandemic has forced people to think about the world in new ways, analyzing whether that door handle is contaminated, handshakes are harmless or the air they breathe can be trusted.

Financing multi-family projects in Milwaukee with a price tag in excess of $100 million – and without government assistance – is like trying to assemble an enormous jigsaw puzzle, every piece of which is the same solitary color.

This weekend, Hoffman will install a mural with that positive message at the former site of the Renaissance Bookshop at 834 N. Plankinton Ave., currently vacant and awaiting a new development from New Land.

Remember when downtowns across the Midwest were booming or when renters flocked to apartment towers in the middle of cities?

New Land Enterprises 251-unit Nova apartment development in Milwaukee advanced with a Tuesday approval from a Common Council committee after a hearing where no neighbors spoke in opposition.

In all, 18 projects in southeastern Wisconsin were chosen to be honored.

A time will come when COVID-19 is behind us in Milwaukee. Whether that’s sooner or later, the psychological scars of more than a year of restricted social behaviors will remain.

The impact of COVID-19 will ripple through asset categories well into 2021 and possibly beyond, as the pandemic accelerated a variety of trends that were already in the works.

Risk is no stranger to the Ukraine-born developers of the 284-ft-tall Ascent residential project—on deck to take mass-timber construction to record heights.

Tim Gokhman and the team at New Land Enterprises at the end of 2020 delivered a gift to Jim Wiechmann, their development partner on the Ascent apartment high-rise: two titanium balls.

Bank OZK of Little Rock, Arkansas, provided the main lending for Ascent in Milwaukee, an apartment tower under construction that is set to become the world’s tallest timber-structured building.

Milwaukee-based developer New Land Enterprises is planning to construct an eight-story apartment building at the former Buca di Beppo restaurant site near downtown Milwaukee.

The $35 million apartment project would include 2,500 square feet of street-level commercial space and a 300-space parking structure, according to a new filing with the Department of City Development.

Milwaukee will become home to the world’s tallest tower made of wood. Advocates say the technology, called mass timber, could create more sustainable housing for an increasingly urbanized world.

Crossroads Collective food hall is holding a benefit for its east side neighbors, the workers at Hooligan’s, who are out of work because of a fire at the popular east side bar last week.

Area developers find investors for luxury apartment towers, but it’s not easy. The U.S. is full of investors who don’t shy from $120-million-plus real estate ventures, but most see Milwaukee as fly-over country.

Construction has begun on Ascent, a 259-unit apartment tower at 700 E. Kilbourn Ave. in downtown Milwaukee. At 284 feet tall, Ascent is poised to become the tallest hybrid timber structure in the world.

Construction of Ascent, a 25-story mass timber building, is underway in downtown Milwaukee. When completed the 284-foot residential complex will be the tallest wood tower in the world.

With environmental benefits and lower labor costs, mass timber has grown into a market that could rival steel and concrete in the construction industry.

It’s difficult to predict the next six months — the last six months have been unprecedented, with many lives and major economic opportunities lost. This pandemic, and the resulting recession, have brought devastation to many good businesses and…

Much of my tour of KinetiK, the new 140-unit apartment building at the north end of Bay View, took place in the lobby. A couple years ago that would have been a warning sign of someone trying to hide something. Now it represents the continued…

The design team for Ascent—a 284-ft-tall apartment building just getting under way in Milwaukee that is on deck to be the world’s tallest hybrid mass timber tower—leaned on the approvals experience for a 148-ft-tall timber building that was…

The 25-story Ascent apartment development in Milwaukee is poised to claim the world record for tallest timber-structured building upon its completion in summer 2022, and Tim Gokhman of the development team recognizes that title will not be…

Construction equipment had begun appearing on the site and piles were being driven. Now New Land Enterprises has made it official: construction is underway on what will be the tallest mass timber building in the world.

Milwaukee-based New Land Enterprises is planning another multi-family project in the city’s Walker’s Point neighborhood, not far from the firm’s newest apartment building that just opened this spring.

New Land Enterprises plans a new Walker’s Point development with up to 70 apartments after its nearby Quartet building rapidly hit 100% occupancy.

Milwaukee development firm New Land Enterprises LLP is adjusting plans for a location on North Farwell Avenue after it intended to use the space as an extension of its east side food hall.

New Land Enterprises’ second Walker’s Point project, Quartet, has opened to its first residents. The 48-unit building contains a mix of one-, two- and three-bedroom apartments at the southwest corner of S. 2nd St. and W. Mineral St.

There have been a lot of environmental stories coming out of the coronavirus pandemic — but one environmental win that has little to do with the pandemic is flying under the radar right here in Milwaukee.

Milwaukee real estate developer Tim Gokhman and his firm New Land Enterprises certainly have their hands full these days, with new apartment buildings coming online, a food hall on Milwaukee’s East Side to manage and construction of a new…

Tim Gokhman of New Land Enterprises invoked creativity several times as he works to open two new Milwaukee apartment buildings at the start of May.

A former office on Milwaukee’s east side would be converted into a neighborhood-oriented events venue under a new proposal pending before city officials.

A planned downtown Milwaukee apartment high-rise will be taller, with more units, under a revised proposal. The Plan Commission in September approved the design of Ascent, a 23-story, 231-unit apartment tower planned for 700 E. Kilbourn Ave.

So why is mass timber construction all the rage? And why are there two mass timber buildings in the heart of Downtown being planned, including one of the tallest in North America? We asked Tim Gokhman, managing director of New Land…

Walking through the Kinetik apartment building under construction in Bay View, developer Tim Gokhman seems to stop every few feet to point out another planned detail intended to make it a bustling new destination.

New Land Enterprises is adding height to its timber-framed Ascent tower in Milwaukee to create more parking and apartments, and expects it could be the second-tallest wood-framed building in the world.