Tag: buildings

UWM’s plan for Wauwatosa research buildings is being replaced by a proposed business park — with county approval

A plan to develop University of Wisconsin-Milwaukee research buildings in Wauwatosa would be replaced by a privately developed business park under a proposal endorsed Monday by county officials.



a sign in front of a building: The UWM Accelerator on Monday, April 6, 2020 in Wauwatosa. University of Wisconsin-Milwaukee's initial plan to develop several research buildings at it's Innovation Campus in Wauwatosa, is dead. A developer now plans to build some office buildings here instead.


© Angela Peterson, Milwaukee Journal Sentinel
The UWM Accelerator on Monday, April 6, 2020 in Wauwatosa. University of Wisconsin-Milwaukee’s initial plan to develop several research buildings at it’s Innovation Campus in Wauwatosa, is dead. A developer now plans to build some office buildings here instead.

Development firm Irgens Partners LLC wants to buy from a UWM affiliate about 29 acres at the Innovation Campus site, east of I-41 and north of West Watertown Plank Road. The firm would pay $5.25 million for the land.

Irgens Partners has conceptual plans to develop a pair of four-story, 140,000-square foot buildings, a two-story, 50,000-square-foot building, a single-level parking structure and a possible future building.

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Two Little Rock buildings in online auction

Two prominent downtown Little Rock properties — the Hotel Frederica and the AT&T building, both on Capitol Avenue — will be up for online auction Sept. 21-23.

A starting bid of $600,000 has been set for the 107-year-old Frederica, formerly known as the Legacy Hotel and Hotel Sam Peck.

A starting bid of $500,000 has been set for the 47-year-old AT&T building, formerly known as the headquarters for Southwestern Bell Telephone Co.

Both auctions are being run by Ten-X Commercial, based in Irvine, Calif.

“All liens will be removed,” Eric Nelson with Newmark Knight Frank realty advisory company said of some $125,000 in taxes owed by the hotel’s previous owner, SHG Management. There also is a reserve price, or minimum, that he can’t disclose, Nelson said.

SHG, based in Sherwood, lost possession of the hotel last fall, after a $4.8 million foreclosure lawsuit filed in October by ReadyCap Lending LLC

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Two LR buildings in online auction

Two prominent downtown Little Rock properties — the Hotel Frederica and the AT&T building, both on Capitol Avenue — will be up for online auction Sept. 21-23.

A starting bid of $600,000 has been set for the 107-year-old Frederica, formerly known as the Legacy Hotel and Hotel Sam Peck.

A starting bid of $500,000 has been set for the 47-year-old AT&T building, formerly known as the headquarters for Southwestern Bell Telephone Co.

Both auctions are being run by Ten-X Commercial, based in Irvine, Calif.

“All liens will be removed,” Eric Nelson with Newmark Knight Frank realty advisory company said of some $125,000 in taxes owed by the hotel’s previous owner, SHG Management. There also is a reserve price, or minimum, that he can’t disclose, Nelson said.

SHG, based in Sherwood, lost possession of the hotel last fall, after a $4.8 million foreclosure lawsuit filed in October by ReadyCap Lending LLC

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