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Marcus Center Parking Lot Redevelopment

Sector: Residential • Location: Milwaukee, Wisconsin, United States

Source: Finance & Commerce

Project
Cancelled

A proposed $700 million mixed-use redevelopment project on the city-owned Marcus Center parking garage site in downtown Milwaukee. The project included 750 residential units, 190,000 square feet of office space, and 300 hotel rooms. The city selected Neutral as the developer in 2024 but dropped the plan due to funding gaps, unpaid construction work, and project delays. The city will seek new devel

Status
Closed
Sector
Residential, Car parking, Commercial, Education, Government, Hotel, Automotive
Location
Milwaukee, Wisconsin, United States of America
Updated
22 Jul 2026
Source
Finance & Commerce

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The project “Marcus Center Parking Lot Redevelopment” is an infrastructure initiative in the Residential sector, located in Milwaukee, Wisconsin, United States. Taiyo aggregates data on it from Finance & Commerce.

Participants

Sponsoring Agency

Company

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A proposed $700 million mixed-use redevelopment project on the city-owned Marcus Center parking garage site in downtown Milwaukee. The project included 750 residential units, 190,000 square feet of office space, and 300 hotel rooms. The city selected Neutral as the developer in 2024 but dropped the plan due to funding gaps, unpaid construction work, and project delays. The city will seek new development partners through a new RFP process.

Original sector

Real Estate Development

Budget

Location

Country

United States of America (USA)

State

Wisconsin

City

Milwaukee

Source

Source

Finance & Commerce

URL

More Details

Record type

Project

Sector

Residential, Car parking, Commercial, Education, Government, Hotel, Automotive

Article published date

2025-11-21

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