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UWM's Innovation Campus seeks to build hotel (Milwaukee Journal Sentinel)

By Tom Daykin, Milwaukee Journal SentinelMcClatchy-Tribune Regional News

May 07--An extended stay hotel is being proposed for the University of Wisconsin-Milwaukee's Innovation Campus development in Wauwatosa.

The hotel, with up to 128 rooms, would be developed on 3.5 acres at Innovation Campus, which is north of W. Watertown Plank Road and east of Highway 45, according to a report filed with the County Board by Teig Whaley-Smith, county economic development director.

Innovation Park LLC, an affiliate of UWM Real Estate Foundation -- which is developing Innovation Campus -- wants the board to change its development agreement with Milwaukee County to allow the hotel to be built, according to the report.

That request will likely be reviewed by the board's Committee on Economic and Community Development at its May 13 meeting. Whaley-Smith, who was appointed in April by County Executive Chris Abele, is recommending that request be approved.

The report doesn't mention the name of the hotel's prospective operator or its franchise name. Nor does it provide information about the project's financing and design.

The hotel presumably would target people visiting Innovation Campus, and perhaps the nearby Medical College of Wisconsin and other medical institutions.

Innovation Campus projects so far include ABB Inc.'s new regional offices, with construction to begin this summer, and a business accelerator being built by UWM.

Business parks often have hotels, including the nearby Milwaukee County Research Park, which has a Crowne Plaza Hotel.

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(c)2013 the Milwaukee Journal Sentinel

Visit the Milwaukee Journal Sentinel at www.jsonline.com

Distributed by MCT Information Services



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