Bucks eyeing 250,000-square-foot commercial building and hundreds of residential units as next Deer District projects

With a hotel that will break new ground this fall, the Milwaukee Bucks are planning their next two developments in the Deer District: a large commercial building and more apartments. Bucks President Peter Feigin said the team …

With a hotel that will break new ground this fall, the Milwaukee Bucks are planning their next two developments in the Deer District: a large commercial building and more apartments. Buck President Peter Feigin said the team will build a 250,000 square foot commercial building on the same block as one previously announced Boutique hotel with 205 rooms. These buildings are being developed north of the Fiserv Forum on the northwest corner of West Juneau and North Vel R. Phillips Avenues in downtown Milwaukee. Feigin said the team is also planning a few hundred units on the vacant lot next door, northwest of West Juneau Avenue and North Dr. Martin Luther King Jr. Drive. The Bucks are pursuing these projects on “parallel paths,” he said. In addition, a parking structure could be built between the hotel and the commercial building. The hotel project team revealed at a recent public hearing This structure is the long term plan for hotel guest parking. These projects represent the next steps in Bucks’ plans for the Deer District, which is to create a place where people can work, live and gather for events. “For us it’s literally the parts of living and working and how do we populate the neighborhood?” Said Feigin. His comments came Thursday morning during a virtual sports and real estate event hosted by Marquette University. Mike Belot, senior vice president of Bucks Ventures and Development, said the Bucks began looking for a development partner for the apartment project last fall. He said the team hope to share more details in a few months. “Now is a good time to build, now is a good time to differentiate (and) bring the latest and greatest product to Milwaukee,” he said The hotel is scheduled to break in September. He said it will be an integral part of the Deer District as it continues to expand its events and attractions. “We believe that building these events and building events will require real hotel nights,” he said. “And with this next phase of hotels, so to speak, it’s more than a hotel. … It’s a hotel as well as a restaurant, it’s a bar, it’s a cool place.” Belot said more announcements will be made. The largest remaining package in the Deer District is the former Bradley Center, which is located south of the Fiserv forum. Belot said this will likely be the last piece developed in the district, partly because it’s not in an opportunity zone like the other packages. Still, there was already interest from developers, he added.