As first reported by JSOnline and BizTimes, the Marcus Corporation is looking into plans for a mixed-use Downtown development project, highlighted by a new movie theater.
According to site plans posted on the firm InPlace Design's website, the potential 20-story, 780,000-square-foot development would be located along the Riverwalk at 1301-1357 N. Edison St., boxed in by Water, Knapp and Cherry Streets.
The first level of the development would feature several restaurant and retail spaces, with parking taking up the next six floors (as well as the basement level). Above the parking structure would be five floors of office space, topped by eight floors of residential space. Between the parking and office levels, the plans also show an outdoor green space and terrace.
The new Downtown Marcus Theatres cinema, featuring eight screens, would then be located on the south end of the new project.
"Edison Place promises to become the kind of unique destination that will immediately achieve landmark status as Milwaukee’s new urban experience," says the InPlace Design's description of the development. "It presents sleek lines and contemporary forms, and eye-catching exteriors incorporating billboard and media elements, angular asymmetries, expansive glass frontage and pedestrian avenues.
"That Downtown connection, along with the planned streetcar line, makes Edison Street an integral part of an energized and developing Downtown Milwaukee community."
Stay tuned to OnMilwaukee for more details about Edison Place as they become available.