Northwestern Mutual kicks off construction phase of downtown north office building modernization project
Wisconsin Eagle/10247299

MILWAUKEE, Oct. 3, 2023 ~ Today, Northwestern Mutual held a kickoff celebration with the Milwaukee community for its $500 million North Office Building Modernization project. The event included elected officials, business and community leaders, and company leadership to mark this major milestone in the company's investment to create a connected, world-class campus.

John Schlifske, Northwestern Mutual Chairman, President and Chief Executive Officer said: "Today marks a major milestone in our investment to create a connected, world-class campus for Northwestern Mutual, bringing our workforce and community together as we build lasting financial security for clients, policyowners and future generations. We extend our sincere gratitude to all of our employees, project partners and community leaders for their respective roles in achieving this vision and for making the Milwaukee community a great place to call home."

The North Office Building is located at 818 East Mason Street in downtown Milwaukee and will be transformed over the next three-to-five years to expand the company's world-class workplace and employee experience. Nearly 2,000 employees will transition from the Franklin campus to the reimagined downtown campus.

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Milwaukee Mayor Cavalier Johnson commented: "Northwestern Mutual's North Office Building Modernization project demonstrates the company's commitment to investing in its employees and in Milwaukee. Our community is a great place to live and work and this investment will visually enhance our city's skyline, while adding value to the city for generations to come by bringing talent and furthering economic impact."

Gilbane Building Company has partnered with CG Schmidt as general contractor and construction manager of the project which will transform Milwaukee's skyline. Alicia Dupies of Gilbane Building Company said: "We are thrilled to be working with a diverse and talented group of trade partners who have great expertise, and this project brings even more opportunity for these partners to build their capacity and skill sets for future projects." She added that they are committed "to strengthening the construction industry – both small businesses and craftworkers – while we deliver on Northwestern Mutual's vision for a world-class campus."

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Northwestern Mutual has committed 25 percent of construction costs towards small business enterprises (SBEs) as well as 18 percent of professional services costs on construction of the project. The company is also committed to utilizing unemployed or underemployed residents pursuant to the City's Residents Preference Program (RPP) for no less than 40 percent of total onsite construction "worker hours" expended on construction of the project.

Bryce Unger from CG Schmidt commented: "We are thankful to be part of a project like this one that has such significant impact." He added that they look forward "to sharing stories about the many suppliers, construction partners and tradesmen who will be part of this historic effort."

Nonprofit organizations such as Marquette University also joined in celebrating Northwestern Mutual's local impact. Dr Michael R Lovell from Marquette University said: "We are grateful for Northwestern Mutual's steady commitment to Milwaukee's talent pipeline...Milwaukee is a growing city full of opportunities...and today we celebrate [the company's] efforts...so that Milwaukee students can thrive for generations."

Potential occupancy of the North Office Building could occur as early as 2027.

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