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DOWNTOWN OCONOMOWOC 60-UNIT APARTMENT PLAN SHARED
Officials are hailing the downtown Worthington Apartments as a precedent in today's economy and development in the area,maybe even the state. Officials shared specifics of the project Tuesday. They include a six-level building with five levels above ground. The building will stand 60 feet tall at its peak on Wisconsin Avenue.
-Living Lake County
WYNDHAM HOTEL TO BE SOLD, REDEVELOPED INTO NEW USE
The Wyndham Milwaukee Airport Hotel, scheduled to close around Dec. 22, is being sold to an investor with redevelopment plans. That's according to Crescent Hotels & Resorts, the Fairfax, Va.-based firm appointed by a judge to manage the Wyndham. The hote, 4747 S. Howell Ave.,l was acquired in September by its lender, Wachovia Bank Commercial Mortgage Trust, following a foreclosure auction.
-Milwaukee Journal Sentinel
ISB BANK TAKES OVER BOB LANG PROPERTY AT HIGHWAY C AND I-94
Representatives of ISB Community Bank have told city officials that they have some ideas about how to develop nearly 50 acres on the southeast corner of Highway C and I-94 that the bank has acquired from developer Bob Lang.
-Living Lake County
A Walker's Point building that once housed a Milwaukee clothing maker is being converted into 50 apartments. An investment group led by developers Kyle Strigenz and Tyler Hawley is developing Junior House Lofts within the three-story building, at 710 S. 3rd St. -Milwaukee Journal Sentinel MAYFAIR COLLECTION FINANCING PLAN HAS FIRST HEARING ON THURSDAY A proposal for the city of Wauwatosa to help finance The Mayfair Collection shopping center will have its first public hearing on Thursday. The plan will be reviewed the Community Development Authority, with the meeting to begin at noon. The plan will also need Common Council approval, with the council to review the proposal later in November. -Milwaukee Journal Sentinel APARTMENTS PROPOSED FOR FORMER DELAFIELD MOTEL SITE A former Delafield motel, now used as a 10-unit apartment building, would be razed and replaced with eight four-unit apartment buildings under a proposal to be considered by city officials. Jeff Stoll is proposing the project for the property at 940-1050 Indian Spring Drive, just south of I-94 and east of Highway C. Stoll's conceptual proposal will have its initial review at the Wednesday Plan Commission meeting. WISCONSIN HOUSING MARKET SEEMS ON RIGHT COURSE Sales of existing homes have increased for 15 consecutive months, according to the Wisconsin Realtors Association. And the median sale price of existing homes in the state has increased slightly for seven straight months. -Milwaukee Journal Sentinel VIDEO TOUR OF THE MODERNE
The Moderne, a 30-story tower at the southwest corner of Juneau Avenue and Old World Third Street, is the latest addition to the downtown Milwaukee skyline. -BizTimes MILWAUKEE AREA IS AMONG NATION'S STRONGEST INDUSTRIAL MARKETS
Based on an examination of the latest real estate market data, the metro Milwaukee area is arguably one of the strongest industrial markets in the nation.
-BizTimes WISCONSIN ENERGY LAUNCHES $3.5 BILLION INVESTMENT IN STATE Wisconsin Energy Corp., the state's largest electricity and natural gas provider, plans to invest $3.5 billion in infrastructure upgrades and renewable energy projects across the state by 2016.
-BizTimes
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