News Summary
Milwaukee is experiencing transformative changes in its business environment with the sale of Colder’s furniture stores, a new hotel development, major airport expansions, and workforce growth at local companies. These developments are set to enhance community facilities and promote economic growth in southeastern Wisconsin, positioning the area for a promising future.
Milwaukee is witnessing significant developments that are set to impact the business landscape and community facilities in southeastern Wisconsin. Among the notable events are the sale of Colder’s furniture stores, plans for a new hotel, a major construction project at Milwaukee Mitchell International Airport, and expansions by local companies.
Colder’s Furniture Stores for Sale
Colder’s, a well-known chain of furniture stores in Wisconsin, has been put up for sale. This decision has raised concerns and speculation about the future of the longstanding business. While details about potential buyers remain undisclosed, the sale is expected to attract significant interest due to the brand’s history and presence in the region.
New Hotel Development in Downtown Milwaukee
A new 175-room limited service hotel is planned for downtown Milwaukee, which will be part of the Hilton hotel structure. The addition is aimed at boosting local tourism and providing more accommodation options for visitors to the city. This development is seen as a critical step for enhancing the city’s hospitality industry.
Milwaukee Mitchell International Airport Expansion
Milwaukee Mitchell International Airport is set to undergo a $95 million project focused on demolishing Concourse E. This aging structure will be replaced with a new two-gate concourse to support enhanced facilities for international flights. The project is anticipated to improve the overall travel experience and expand the airport’s capacity for hosting international travelers.
Modine Manufacturing Facility Expands Workforce
In a positive move for the local economy, Modine, a Racine-based manufacturing company, has announced it will hire an additional 300 employees for its new facility located at 3303 W. Oakwood Road in Franklin. This figure marks an increase of 100 more positions than previously expected, demonstrating the company’s growth trajectory and commitment to the region.
Future 50 Companies Recognition
BizTimes Media, in collaboration with the Metropolitan Milwaukee Association of Commerce, is set to recognize the 2023 Future 50 companies, which represent the fastest-growing privately held companies in southeastern Wisconsin. A total of 50 companies will be honored, collectively projected to employ 8,253 employees. This recognition aims to celebrate entrepreneurship and innovation in the area.
Danceworks Nonprofit Relocation
Danceworks, a nonprofit organization based in Milwaukee, is relocating from its 25-year home at 1661 N. Water St. to the Milwaukee Youth Arts Center at 325 W. Walnut St. This move is geared towards enhancing sustainability and expanding its community impact, allowing the organization to serve more individuals and groups interested in the arts.
Conclusion
The developments in Milwaukee reflect a dynamic business environment and community-focused initiatives aimed at fostering growth and improvement in southeastern Wisconsin. With significant investments in infrastructure, job creation, and organizational relocations, the area is poised for a brighter future aligned with its economic goals.
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Lombardi Brewing Co. Opens Flagship Taproom in Milwaukee
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Additional Resources
- BizTimes: Colder’s Sale and New Hotel Plans
- Wikipedia: Milwaukee
- BizTimes: Modine Hiring Expansion
- Google Search: Milwaukee business news
- BizTimes: Future 50 Companies
- Google Scholar: Milwaukee economic development
- BizTimes: Danceworks Nonprofit Relocation
- Encyclopedia Britannica: Milwaukee
- WTMJ: Milwaukee Business News
- Google News: Milwaukee development
Author: STAFF HERE MILWAUKEE WRITER
MILWAUKEE STAFF WRITER The MILWAUKEE STAFF WRITER represents the experienced team at HEREMilwaukee.com, your go-to source for actionable local news and information in Milwaukee, Milwaukee County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Summerfest, Milwaukee Film Festival, and the Milwaukee Boat Show. Our coverage extends to key organizations like the Metropolitan Milwaukee Association of Commerce and Visit Milwaukee, plus leading businesses in manufacturing and brewing that power the local economy such as Harley-Davidson and MillerCoors. As part of the broader HERE network, we provide comprehensive, credible insights into Wisconsin's dynamic landscape.
