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City issues RFP for property near airport

Published June 4, 2008 - Real Estate Weekly

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The City of Milwaukee recently issued a request for proposals (RFP) for a vacant lot at the northeast corner of West College Avenue and South 13th Street, near General Mitchell International Airport. The 23,000-square-foot lot is located just off I-94 and is next to a McDonalds restaurant and a Hampton Inn hotel. About 34,000 vehicles a day drive by the highly visible corner. The city's asking price for the property is $450,000.

City officials are seeking developers that want to build a commercial development on the site that will complement the airport business community and serve area residents. "Strong preference will be given to restaurant proposals," the city's RFP says. Proposals for the property are due on July 1.

In recent months several developers have proposed hotel developments near the airport, but none of those projects has broken ground yet. A little further away, a Staybridge Suites hotel is under construction in Franklin near the intersection of Ryan Road and South 27th Street.

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