Milwaukee Condo & Real Estate Scene

JSOnline: Holiday Inn plan converts downtown offices - City committee backs developer's parking lease for hotel guests

The Holiday Inn brand returns to downtown Milwaukee after a brief absence. Last year, Holiday Inn, located on the corner of Wisconsin Avenue and Sixth Street, was converted into a Doubletree Hotel.

Local developer Charles Gabaldon has submitted a proposal to the city to convert the seven-story Posner Building (corner of Wisconsin Avenue and Plankinton) into a Holiday Inn Hotel. Mo's Irish Tavern is located on the ground floor of The Posner Building.

Gabaldon’s $21 million proposal is one of many recently announced for additional hotel rooms for downtown Milwaukee. Gabaldon plans to have the Holiday Inn open by spring 2009.

In addition to hotel rooms, Gabaldon also plans to redevelop vacant parts of the building's first floor into stores and restaurants.


What does Holiday Inn and the other proposed hotels mean to downtown Milwaukee?

The City of Milwaukee has received several proposals in recent years regarding the construction of new hotels. Many of these new hotels are smaller, boutique hotels offering signature service. I am encouraged by the number of hotels entering the downtown market. Perhaps larger convention operators will take notice of what Milwaukee has to offer and bring even more business to our great city.


Tom Daykin of JSOnline describes Gabaldon’s proposal and its impact on the local economy. In addition, Daykin highlights other hotel proposals (Stayrbridge Suites, Iron Horse Hotel, Hyatt Place, and Hyatt Summerfield Suites) announced for downtown Milwaukee. Click here to read about this and other hotel developments>>>

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Labels: Economy

posted by David Ray @ 3:40 PM