Friday, March 16, 2007

JSOnline: Downtown hotel proposal refined - Wisconsin Ave. plan includes 200 condos

Ghazi Company, a Charlotte, North Carolina-based development firm, has submitted a proposal to build a 31-story condominium tower on the southwest corner of North 4th Street and West Wisconsin Avenue. This development is expected to cost an estimated $120 million and will feature 200 condominium units, 175-room hotel, retail, entertainment, and office space. Ghazi is expecting to begin construction by spring 2008. Tom Daykin of The Milwaukee Journal Sentinel writes more about the latest hotel proposal. Click here to read more about this development>>>





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The Business Journal of Milwaukee: Plaza East buildings on sale block, may fetch $70 million

The fourteen-story twin towers of The Plaza East office buildings in downtown Milwaukee are for sale. Tishman Speyer Properties of New York City own the twin towers along with GIC RE, which is the real estate investment arm of the Government of Singapore Investment Corporation. The Park East office buildings include 474,000-square-foot of office space and 1,230 parking spaces. Plaza East will be the third downtown Milwaukee class-A office building to be sold in the last two years. For more information about this transaction, click here for The Business Journal of Milwaukee>>>







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JSOnline: Mayor talks up streetcars - Barrett tells Common Council committee that system would boost bus ridership

During the past month, Milwaukee Mayor Tom Barrett stated that streetcars would help the Milwaukee County Transit System. Barrett suggested that streetcars would "inject energy into the system" and that the operating costs would be too small to threaten bus funding. Under-used federal aid will help pay most of the bill. The proposed program would operate modern streetcars on a three-mile loop; linking downtown and express buses to major job centers. Opponents to this program include County Executive Scott Walker who says the streetcars would compete with the transit system. Larry Sandler, writer for The Milwaukee Journal Sentinel explains both sides to this controversial issue. Click here to read more about the future of Milwaukee's public transportation options>>>

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The Business Journal of Milwaukee: Mandel acquires North Avenue land for development

The Mandel Group of Milwaukee has purchased a parcel along East North Avenue from Hometown Inc. This would be the second transaction involving Mandel and Hometown. Mandel previously acquired Hometown's 18,500-square-foot corporate office building on East North Avenue. Mandel plans to build a high-rise residential hall for the University of Wisconsin-Milwaukee on the former Hometown gas station. Pete Millard, writer for The Business Journal of Milwaukee, writes more about Mandel's plans for the North Avenue corridor in Milwaukee's East Side neighborhood. Click here to read more about Mandel's plans>>>

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Spring Gallery Night - April 20 and 21, 2007

Gallery Night & Day turns 19 this year. This premier art event in Milwaukee is for both the experienced artist and the beginning admirer. Presented by the East Town and Historic Third Ward Associations, this quarterly event features over 60 venues throughout the downtown area. Once again, the Historic Third Ward parking structures are offering free parking during the event. In addition, guests may ride the Friday Gallery Night Xpress free. This shuttle will make frequent stops in the Third Ward, East Town, and at the Milwaukee Art Museum. Click here for more information about the first Gallery Night & Day of 2007>>>



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