[April 23, 2026] Firm Moving Within Third Ward Building, with Restaurant Replacing Office (BizTimes)
- Apr 24
- 2 min read
Updated: 6 days ago
Milwaukee-based development firm Cobalt Partners has changed its plans to move its office to a different floor of a Historic Third Ward building along I-794. The firm has now purchased two commercial condominium units on the fourth floor of the Commission House building at 400 N. Broadway. The firm paid $1.5 million for the condos, which total 5,600 square feet of space, according to state records.
Cobalt Partners’ office is currently located on the ground floor of the Commission House building. Last year, the company announced plans to transform the ground floor of the building — located at the northeast corner of North Broadway and East St. Paul Avenue — into a restaurant and acquired the tenth floor for $1.1 million. At the time Scott Yauck, founder and CEO of Cobalt, said the firm planned to move its office to the tenth floor, which is around 2,100 square feet.
But now the firm plans to move its office to the building’s fourth floor instead. The larger space there will enable the firm to provide adequate space for its 10 employees, including two new hires.
While plans for the first floor restaurant are not finalized, Yauck said he hopes to move the firm into its new office space on the fourth floor by the end of the year.
The firm’s new office space will feature a boutique café zone, social space with outdoor connection and interactive features, a podcast studio and wellness and fitness space. Yauck said the company has enlisted Milwaukee architecture firm RINKA to lead the design efforts but has not settled on a construction firm.
“We’re going to gut the floor and totally redesign it as kind of a ‘state of the art office,’” Yauck said.
As 2026 approaches, local businesses are navigating a marketing landscape defined by smarter data, shifting consumer expectations, and campaigns...
Cobalt has led some of the region’s largest development projects in recent years, including 84South in Greenfield, Whitestone Station in Menomonee Falls and a several-block project in downtown Kenosha.
The company has listed the tenth floor of the Commission House building for sale at just under $1.1 million.
Similar Articles:
Comments