New high rise building planned for Milwaukee skyline

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by Laura Matovina

Story Created: Dec 6, 2012 at 6:41 AM CDT

Story Updated: Dec 6, 2012

MILWAUKEE -- Milwaukee's skyline will be changing in a couple of years. Northwestern Mutual will unveil plans for a new high rise to replace an ailing 16-story building.

The company will reveal the plan Thursday.

The new Northwestern Mutual building would be 30-stories tall and one of the largest office buildings downtown.

The Milwaukee Journal Sentinel reports this is a $300 million project that will seek about $48 million from city financing.

The developer who unveiled plans last summer to build a 44-story apartment and hotel complex 2-blocks south of the site tells CBS 58 he is thrilled with the prospect of another tower nearby.

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