Activity at the Aloft Site
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A new development team, the Milwaukee River Hotel LLC which includes Ed Carow
of Wave Development, has taken over development of the $27 million Aloft hotel. This change in the development team has visibly jump started the project. Although it hasn’t officially broken ground, in recent days the site has seen the construction fence go up, the surface parking lot removed, and prep work begin. The construction of the five-story building is planned to take about a year, and once complete will include a new Riverwalk section, 160 hotel rooms and 3,200 of square feet of retail. During construction it should create 125 jobs and once completed it should create about 75 jobs permanent jobs within the hotel and facilities.