MILWAUKEE — The future of a 31-story apartment building in a prime downtown Milwaukee location is in doubt after construction was put on pause.
On Tuesday, the Department of City Development Commissioner Lafayette Crump told common council members that the developer is working through financial challenges to determine if they can complete the project.
A groundbreaking in June celebrated the private project. It was slated to bring a mass-timber apartment building, including nearly 400 units and retail space.
According to Crump, the Madison-based developer, Neutral, is navigating higher-than-expected costs related to materials and tariffs for some products. The Edison project is reportedly $25 million over budget.
Alderman Bob Bauman raised concerns surrounding financing and the develope