Posted Filed under News.

Northwestern Mutual’s corporate headquarters in downtown Milwaukee was named Project of the Year Thursday as part of Milwaukee Business Journal’s 2018 Real Estate Awards.

City of Milwaukee officials have praised the new Northwestern Mutual building as a vote of confidence in the downtown real estate market. Northwestern Mutual is major owner and investor in real estate nationwide, so its decision to put this level of investment in Milwaukee sends a meaningful message to other companies.

Construction of the building also created work for hundreds of Milwaukee residents and several local small businesses. Northwestern Mutual and its lead contractors, Gilbane Building Co. and C.G. Schmidt Inc., strongly enforced local hiring and small-business contracting goals during the project.

Northwestern Mutual built the 32-story tower to house 1,100 existing employees, plus another 1,900 employees who could be added by 2030.

“We needed residents of the city of Milwaukee to have the opportunity to be part of this once-in-a-lifetime construction project that Northwestern Mutual was undertaking,” Milwaukee Mayor Tom Barrett said.

The Wangard Partners projects and the category that they were honored in are listed below:

• Best New Development – Industrial

Milwaukee Tool – Phase I Expansion

• Best New Development — Retail

Freshwater Plaza

• Best Renovation – Office

Bader Rutter & Associates

View the entire article as published by Mark Kass – Editor-in-Chief, Milwaukee Business Journal here.