BUILDING BLOCKS: Belle City Square dailyreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyreporter.com Daily Mail and Mail on Sunday newspapers.
Adaptive reuse, the redevelopment of older buildings for a new purpose, will be the subject of the next BizTimes Milwaukee webcast, presented by BT360 Content Solutions.
Kinn MKE filling vacant building on Broadway and Michigan. By Jeramey Jannene - Apr 23rd, 2021 05:50 pm //end headline wrapper ?>Kinn MKE Guesthouse Construction. Photo by Jeramey Jannene.
The Milwaukee downtown hotel boom continues, even with a pandemic cutting revenue and canceling events.
Construction is underway on Kinn MKE Guesthouse, a 32-room hotel being created in the four-story office building at 602-606 N. Broadway.
Charles Bailey is developing the hotel, a scaled-up version of his successful Kinn Guesthouse in Bay View. That eight-room hotel, with restaurant Sorella on the first floor, is located at 2535 S. Kinnickinnic Ave.
Bailey, who operates Joca Properties, is adding a fifth floor to the building that will contain a bar and rooftop deck that will function as an event venue. He previously proposed adding five floors, and then just three, but failed to persuade members of the Historic Preservation Commission. The first floor will
Audit: Wisconsin economic agency’s performance improving
Wisconsin’s troubled economic development agency improved its performance over the past fiscal year but it still must sharpen its oversight of tax credit contracts, policies on closing contracts and the accuracy of online data, according to an audit released Wednesday.
The Legislative Audit Bureau’s biennial review found the quasi-public Wisconsin Economic Development Corporation largely complied with state law and its contracts when administering tax credits, loans and grants to businesses in fiscal year 2019-20. By December, the agency had awarded about $250 million to businesses to help them through the pandemic.
The amount of past-due loans decreased from $7.6 million to $6.6 million in 2019 and 2020. The audit attributed the decline to WEDC’s writing off loans and amending contracts to defer repayments.