A Verona investor bought an industrial site near Miller Park Way in West Milwaukee, and is expected to submit plans to build a hotel on the site.
Decisions on whether to proceed with expanding Milwaukee’s downtown convention center and build a new convention hotel will come into sharper focus by March when the convention hall’s governing board assesses the need for the possible $200 million convention project and potential funding sources.
A 14-story glass tower could be built atop the Humphrey Scottish Rite Masonic Center in downtown Milwaukee to create a 220-room hotel under plans developers submitted to the city. The project would add restaurants and meeting venues.
If Bill Katter succeeds, United Properties could alter the Minneapolis skyline, revitalize the North Minneapolis riverfront and add $1 billion to the city’s tax base.
AmericInn has signed the AmericInn Hotel Redwood Falls at 410 West Park Rd. The hotel will undergo extensive renovations, including guestrooms, bathrooms and public areas. Once completed, it will have the brand’s signature hospitality concept and services, including an indoor pool and meeting room. Other amenities will include its signature AmericInn Perk breakfast and a 24-hour coffee bar.
Marcus Hotels & Resorts is hard at work being more visible. That’s not to say the Milwaukee-based company, which currently owns and/or manages 18 hotels, has been an introvert; rather, it’s refocusing its efforts to be more open to potential partnerships with other investors, owners and asset-management companies.
North Liberty-based Kinseth Hospitality Companies announced its intent to build a roughly 100-room Residence Inn in Prairie Trail’s commercial area called The District. The first hotel in the Prairie Trail, the Residence Inn will feature street-level retail space — a rarity for Residence Inn properties.
The Commons Hotel on the University of Minnesota’s Minneapolis campus has a new owner that will trade its geek-chic vibe for a more college-focused theme. The 304-room hotel will soon be converted into a Graduate Hotel, a relatively new hotel brand that has establishments in Big Ten college towns like Madison and Ann Arbor.
M.A. Mortenson Co. in September 2015 won rights to develop a city-owned parcel near the Guthrie Theater at 800 Washington Avenue South in Minneapolis. The Golden Valley-based firm’s proposal was a nine-story building with eight floors for a Hyatt Centric hotel and a top floor for office. It also planned a restaurant and retail space on the first floor. Mortenson has since added a 10th floor which will increase the hotel room count from 202 to 235.
Mortenson is to pay $3.8 million for the property and had until August 2016 to sign a development contract. It has twice been given extensions and now the city will vote on giving the firm another six months to find an equity partner.
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