April 24, 2013

Northwestern Mutual's 33-story tower gains first city endorsement

A $54 million Milwaukee incentive for Northwestern Mutualâ;€™s planned 33-story, 1.1 million-square-foot downtown office tower gained its first city approval Tuesday.

The building will be the largest, although not the tallest, in the state, and the city incentive is the biggest ever considered for a development. The building at 800 E. Wisconsin Ave. will cost more than $400 million and will have space for 1,100 current Northwestern Mutual employees and 1,900 more that are to be added by 2030.

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