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Hines has launched construction on 333 North Water Street, a Class A multifamily development in Milwaukee’s Historic Third Ward

Hines Launches Class A Multifamily Build in Milwaukee’s Historic Third Ward

Hines has launched construction on 333 N. Water St. in Milwaukee’s Historic Third Ward, a Class A multifamily development. The project was financed through the Hines U.S. Direct Investments platform and a construction loan provided by the Union Labor Life Insurance Company. 

Located at the epicenter of local and regional transit in Milwaukee, the project includes a 31-story tower featuring 333 luxury rental units with ground-level retail and 22,700 square feet of indoor and outdoor amenity space.   

“The Historic Third Ward is the preeminent urban dining, shopping, and entertainment district in Milwaukee, and 333 N. Water S. will be at the center of this dynamic live-work-play neighborhood,” said Tom D’Arcy, senior managing director at Hines. “This site is a prominent gateway to the neighborhood, and we are delivering a highly anticipated, market-leading rental product that will further enhance the area. 

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Hines' D'Arcy

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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