By Julie Lawrence Special to OnMilwaukee.com Published Sep 08, 2010 at 1:02 PM

According to Virgil Maldonado, his new Walker's Point lounge is a great place to either start or end your evening. Magnolia, which recently resurrected the beautiful space at 626 S. 5th St. previously inhabited by Hemingway's Cuban restaurant, specializes in pre- and post-dinner decadence.

In about a week Virgil and his wife Lucia will introduce appetizers -- hummus platters, seafood shish kabobs, gourmet pizzas, among others -- but what Magnolia is most known for at the moment is its selection of desserts.

From 5 until 10 p.m. it offers a dessert menu highlighted by red velvet cake, chocolate explosion cake, pumpkin praline cheesecake and tiramisu.

Lucia, whose uncle owns La Fuente across the street, grew up in the Mexican restaurant business and has the baking skills to prove it. The menu includes a few of her specialties, including chocolate and vanilla flan and various tres leches -- sponge cakes soaked in three different types of milk.

Of course, being a lounge, you always have the option of drinking your dessert. Virgil says he's gone for a throwback theme, celebrating the post-prohibition era with classic cocktails and classic crooners to complement them. You'll find martinis, old fashioneds and brandy Alexanders, as well as a few new signature drinks. The cream magnolia is a rich mixture of Bailey's, Kahlua, amaretto and cream. The refreshing cucumber melon combines Madori, Patron tequila and cucumber juice.

The interior is impressive -- If you'd ever dined at Hemingway's, you'll recognize the building's retained elegance, with ornate hard woodwork and chandeliers glowing over comfortable seating. Virgil calls his cocktail lounge formal, but says its comfortable enough for the jeans-and-a-T-shirt crowd, as well.

Magnolia is only open on weekends (from 5 p.m.) and features live entertainment -- DJs after 10 p.m. on Friday and Sunday and a jazz band on Saturday nights.

Julie Lawrence Special to OnMilwaukee.com

OnMilwaukee.com staff writer Julie Lawrence grew up in Wauwatosa and has lived her whole life in the Milwaukee area.

As any “word nerd” can attest, you never know when inspiration will strike, so from a very early age Julie has rarely been seen sans pen and little notebook. At the University of Wisconsin-Milwaukee it seemed only natural that she major in journalism. When OnMilwaukee.com offered her an avenue to combine her writing and the city she knows and loves in late 2004, she knew it was meant to be. Around the office, she answers to a plethora of nicknames, including “Lar,” (short for “Larry,” which is short for “Lawrence”) as well as the mysteriously-sourced “Bill Murray.”