OnMilwaukee.com has the first look at a rendering for the Residences at Hotel Palomar, a new $160 million, high-design, mixed-use development that hopes to serve as the cornerstone for Milwaukee's in the works McKinley District neighborhood in the Park East corridor.
The project will border Old World 3rd Street, Juneau Avenue, 4th Street and McKinley Avenue. Construction is set to begin in the fall.
In addition to condominiums, the development includes Hotel Palomar Milwaukee -- a Kimpton hotel -- retail, a full-service day spa, a nightclub, business center, an art-filled public park that will use components of the Sydney HiH building -- that will be razed -- and public parking.
Here's the rundown of who's involved in the project: Gatehouse Capital of Dallas is the lead developer (project manager Ed Koh is a Milwaukee native) and Ruvin Development of Milwaukee is the co- developer; HKS Architects of Dallas is the architectural firm of record; Johnsen Schmaling Architects of Milwaukee is designing the condo interiors; Graham Downes Architects of San Diego is designing the hotel interiors; Kimpton Hotels of San Francisco will operate the hotel; and the Milwaukee office of Gilbane Building Company will serve as the general contractor. Mary Beth Gaspar-Waite, president of Metro Condo Connections LLC, will be head of condo sales for The Residences at Hotel Palomar.
A $1.5 million off-site sales center including a two bedroom, two-bath condo unit will open at 520 W. McKinley Ave. will open later this month.
A life-long and passionate community leader and Milwaukeean, Jeff Sherman is a co-founder of OnMilwaukee.
He grew up in Wauwatosa and graduated from Marquette University, as a Warrior. He holds an MBA from Cardinal Stritch University, and is the founding president of Young Professionals of Milwaukee (YPM)/Fuel Milwaukee.
Early in his career, Sherman was one of youngest members of the Greater Milwaukee Committee, and currently is involved in numerous civic and community groups - including board positions at The Wisconsin Center District, Wisconsin Club and Marcus Center for the Performing Arts. He's honored to have been named to The Business Journal's "30 under 30" and Milwaukee Magazine's "35 under 35" lists.
He owns a condo in Downtown and lives in greater Milwaukee with his wife Stephanie, his son, Jake, and daughter Pierce. He's a political, music, sports and news junkie and thinks, for what it's worth, that all new movies should be released in theaters, on demand, online and on DVD simultaneously.
He also thinks you should read OnMilwaukee each and every day.