The World’s Tallest Timber Tower: The Business Case for Ascent, Milwaukee

October 25, 2022 2:00 PM – 2:30 PM (GMT-06:00) Central Time Kay Bailey Hutchison Convention Center, Lobby F, Presentation Area A Special Program
Open to All Attendees
Housing – Multifamily New and Disruptive Technology Sustainable Development
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At 284 feet tall, Ascent is the tallest timber tower in the world. Hear from developers at New Land Enterprises about their strategy for using mass timber as a differentiator for this 259-unit luxury residential building in Milwaukee. Boris and Tim Gokhman will discuss the challenges, lessons learned, and successes they experienced taking timber innovations to a new height in the United States. The 25-story tower consists of 19 stories of mass timber framing over a six-level podium. For the first time, these developers will reveal the costs and returns on Ascent in the release of a business case study.

WoodWorks’ mass timber business case studies focus on the financial performance of commercial and multifamily projects constructed with mass timber structural materials such as cross-laminated timber (CLT). Written for the developer/investor audience, the case studies analyze how mass timber might contribute to the success of a development.