Through a joint venture called Capitol Crossings LLC, Phillip Katz Project Development and Williams Development teamed up to restore a significant building to its former glory. The former Chicago Crane Equipment Co. located at 225 West Capitol Drive was designed by architect Herbert Tulgren (who designed the Shorecrest, Astor Hotel, George Watts – all told, seven national historic landmark structures). The $5M development was won by Capitol Crossings in a competitive RFP process from the city of Milwaukee.
The project was awarded a $400,000 grant from the Dept. of Commerce for the environmental remediation of the site. The project is an example of public-private collaboration that will ultimately benefit the entire city. Because while the story of the restoration of this landmark building is good news in and of itself, its long-lasting positive impact is the result of its tenant, Lad Lake.
For more than a century, Lad Lake provided positive living and learning environments for at-risk youth and families in southeastern Wisconsin. It has operated from a 100-year-old school in Dousman. Lad Lake Synergy North will be in a completely restored and modernized 39,000-sq-ft building with a new 6,000-sq-ft gymnasium, allowing the school to bring its programs closer to the city of Milwaukee and the youth they are working with to reverse the trend of violence and crime and restore hope and dignity in the community.