HKS Holdings, a real estate development company based in Milwaukee, and Concord Hospitality Enterprises, a hotel development and management company based in Raleigh, N.C., began construction on the Renaissance Hotel in Wauwatosa, Wis., which will be the first full-service, Marriott-branded hotel in the area.
The 198-room hotel will include amenities such as a concierge lounge, a fitness room and event spaces located on the 12th floor. The property also will include a 4,500-square-foot grand ballroom, additional meeting space and a destination restaurant.
“Concord is excited to partner with HKS Holdings for the first time to develop the Renaissance Hotel in Wauwatosa, and we look forward to working together on future ventures as part of a long and fruitful alliance,” Mark Laport, president and CEO of Concord, said in a statement. “Concord is especially eager to begin work on this adaptive-reuse project to offer guests visiting Wauwatosa and the greater Milwaukee area a place to stay that will allow them to explore and experience this growing and flourishing market.”
Wauwatosa is the largest area submarket outside of downtown Milwaukee. In recent years, it has been host to more than $300 million in new developments at the Milwaukee Regional Medical Center and UWM Innovation Campus, new projects at The Milwaukee County Research Park, Mayfair Collection, the opening of the first Nordstrom’s store in the state and a new SpringHill Suites by Marriott, which will open this April and is also being developed by HKS Holdings.
“For many years, Wauwatosa has been the place that businesses who want to expand into Wisconsin have placed their ‘first in the state’ operations,” said Wauwatosa Mayor Kathy Ehley. “We are thrilled that the Renaissance Hotels by Marriott is choosing to have their ‘first in state’ here with us. This addition will further enhance Mayfair Mall as the top lifestyle shopping destination and Wauwatosa as a foremost tourism destination in Wisconsin.”
The project team consists of HKS Holdings and Concord as developer, Kahler Slater as architect, Simeone Deary Design Group as interior architect, 50/Fifty Group as food-and-beverage consultant and restaurant concept, CD Smith as contractor, Graef as structural engineer and Pinnacle Engineering as civil consultant.
The project is expected to be completed by spring/summer 2020. Once open, Concord will manage the hotel and restaurant.