Developer could get loan extension for hotel project at former Sears building on Milwaukee’s near northwest side

LLC run by Kalan Haywood, Sr., had been set to begin paying back $4 million loan in September

Ikon Hotel rendering
Ikon Hotel (Rendering: Engberg Anderson Architects)

The developer still pursuing plans to transform a former Sears building on Milwaukee’s near northwest side into a boutique hotel could get another year to begin paying back a $4 million loan city loan for the project as part of a tax incremental financing district for the site. Kalan Haywood, president of Milwaukee-based Haywood Group

Already a subscriber? Log in

To continue reading this article ...

Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more.

Learn More and Become an Insider

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

No posts to display