UPDATE: One injured after officer-involved shooting near 29th and Wisconsin

Updated: 3:15 p.m. August 31, 2017

MILWAUKEE (CBS 58) -- In a press conference Thursday afternoon Milwaukee Police say they were chasing an adult suspect around 12:45 p.m. who matched the description of an armed suspect. The man ran and a chase ensued. An officer fired his weapon and the suspect was wounded.

As of 3:00 p.m. the man who was shot was still alive but seriously wounded.

The two officers involved in the shooting were a 33-year-old with three and a half years of experience and a 28-year-old with a year and half of experience. The two officers are now on administrative duty.

The Milwaukee Police Department's Metropolitan Unit is investigating the shooting.

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Posted 1:53 p.m. August 31, 2017

MILWAUKEE (CBS 58) -- Milwaukee Police say they were involved in an officer-involved shooting at 29th and Wisconsin. The shooting scene is a few blocks away from Marquette University.

The officer was not injured.

The suspect was hospitalized with injuries.

Police are holding a press conference with more details at 3:00 p.m. CBS 58 will carry it live.

.@MilwaukeePolice on scene of officer-involved shooting at 29th/Wisconsin. Officers uninjured. Suspect hospitalized with injuries. — Milwaukee Police (@MilwaukeePolice) August 31, 2017