Article: Park East plan wins approval; County Board votes to sell land for 20- story, mixed-use development

A $104 million proposal for a luxury hotel, condominiums, offices and retail space in downtown Milwaukee's Park East area won approval Thursday from the County Board, which voted to sell a county-owned site for the development.

The board voted 16-3 to sell the parcel, bordered by N. Old World 3rd and N. 4th streets and W. Juneau and W. McKinley avenues, to a group led by Ruvin Development Inc. and Dallas-based Gatehouse Capital Corp. Their plan calls for a 175-room hotel, 70 condos, 55,000 square feet of offices, 31,000 square feet of retail space and a 330-car parking structure.

In making that decision, the board rejected a rival proposal from Rana Enterprises. Rana proposed a 202-room ...

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