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Article: Park East plan wins approval; County Board votes to sell land for 20- story, mixed-use development
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- September 29, 2006
- Author:
CopyrightCopyright 2006 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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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 ...