Issue link: http://www.insightdigital.biz/i/468967
I N D E V E L O P M E N T 2 0 1 5 13 HAMPTON INN Green Bay O n the Fox River adjacent to the KI Convention Center, the former Clarion Inn (and Holiday Inn before that) was recently purchased by Michigan-based American Hospitality Management Inc. and is being completely gutted for renovation, according to Kimberly Flom, community development director for the city of Green Bay. (The city of Green Bay acquired the hotel in 2013 and entered into a land contract with American Hospitality for $2.7 million as a bridge loan. As a result of the purchase from the city in mid-February, the land contract was replaced with a conventional loan.) The 135-unit Hampton Inn is expected to reopen late summer, concurrent with the completion of the 30,000-square-foot addition to the KI Center. Another 6,000 square feet of space is available, connected to the KI and Hampton Inn. Don Schappacher, owner American Hospitality Management, Inc. (231) 627-4873 | don@ahm-hotels.com www.ahm-hotels.com BACKSTAGE AT THE MEYER Green Bay Projected cost: $3.5 million G round broke last August for the expansion of the Meyer Theatre at the corner of Washington and Walnut streets in downtown Green Bay, encompassing the former Daily Planet building. The project will include additional performance space, a banquet hall which will seat up to 175, and a full kitchen. On the second floor, Breakthrough Fuel (currently headquartered downtown) will be expanding and leasing 6,200 square feet of Backstage at the Meyer. Breakthrough announced a large rooftop patio will be included in the development. According to Jeff Mirkes, president of the Meyer Theatre board, the Meyer is wrapping up a $4.5 million campaign, including $3 million for construction, $1 million to double the Meyer endowment and $500,000 to maintain the existing 85-year-old theater. On the National and State Historic Registers, the Meyer hosts more than 160 shows and brings more than 70,000 people to downtown Green Bay each year. When the 30,000-square-foot expansion to Green Bay's KI Convention Center is complete by late summer (pictured), the adjacent, fully renovated 135-unit Hampton Inn on the Fox River is also expected to open. METREAU APARTMENT DEVELOPMENT The Redevelopment Authority approved the development agreement with Dermond Holdings LLC to build a $15 million, 95-unit apartment development on the CityDeck at the corner of Washington and Walnut streets. Catalyst Construction, Epstein Uhein Architects and Dermond will be working on the project. Commercial retail space will also be available. www. metreauapartments.com JEFFERSON HEIGHTS Recently announced, Alliance Management will be working with the YMCA in turning floors four, five and six of this historic structure into approximately 15 upscale, one- and two-bedroom apartments. In the planning stages, amenities would include a membership to the YMCA and urban design elements. Contact Erik Goerke at Erik.Goerke@alliancewi.com.