U.S. wooden skyscraper project paused due to tariffs and inflation

The construction of a 31-story wooden skyscraper in downtown Milwaukee, known as the Edison Hotel, has been put on hold. The developer cited the dual impact of new tariffs and persistent high inflation as the primary reasons for the pause. The Edison Hotel project was initially planned with an eight-story post-tensioned concrete base and over 100,000 cubic feet of timber, including significant amounts of cross-laminated timber (CLT) and glued-laminated timber (glulam). Neutral, the developer, had previously completed the world’s first large-scale timber component three-hour fire-resistance test, and the project ...