Originally Published By Urban Milwaukee.
“This is a project we are very excited about,” said Michael Klein, president of Klein Development. His firm is partnering with frequent collaborator Jeno Cataldo on the development, which would replace a two-story retail center from 1987 and long associated with former anchor tenant FedEx.
The new hotel, a brand for which has yet to be announced, would include a first-floor restaurant and a top-floor event space.
Klein said it would be the only hotel located between Downtown to the south and suburban Glendale to the north. He said a market study by the nation’s leading market study firm found an overwhelming demand for the hotel. The nearest hotel would be approximately a mile to the south.
Brostoff and Department of City Development (DCD) planning manager Sam Leichtling said the new hotel would add to the area’s vibrancy and boost daytime business traffic. Leichtling said it was a “tremendous new investment that would be a signature asset to this area of the East Side.” The planning manager said it complied with the area’s land use plan, which calls for a transition in density between the high rises of N. Prospect Ave. and the lower-rise development along E. Brady St.
Originally Published By Urban Milwaukee.
“This is a project we are very excited about,” said Michael Klein, president of Klein Development. His firm is partnering with frequent collaborator Jeno Cataldo on the development, which would replace a two-story retail center from 1987 and long associated with former anchor tenant FedEx.
The new hotel, a brand for which has yet to be announced, would include a first-floor restaurant and a top-floor event space.
Klein said it would be the only hotel located between Downtown to the south and suburban Glendale to the north. He said a market study by the nation’s leading market study firm found an overwhelming demand for the hotel. The nearest hotel would be approximately a mile to the south.
Brostoff and Department of City Development (DCD) planning manager Sam Leichtling said the new hotel would add to the area’s vibrancy and boost daytime business traffic. Leichtling said it was a “tremendous new investment that would be a signature asset to this area of the East Side.” The planning manager said it complied with the area’s land use plan, which calls for a transition in density between the high rises of N. Prospect Ave. and the lower-rise development along E. Brady St.