Milwaukee Asian Markets Phongsavan plans to establish an Asian market at 6300 N. 76th St. on the city’s northwest side.
The leaders of Milwaukee Asian Markets Phongsvan include owner member Pai Yang, president Tou Vang and operations manager Thai Vang.
“We hope to eventually become a tourist attraction as Asian town for the city of Milwaukee,” they say in documents submitted to the city. “Our markets will specialize in Asian goods, but carry everyday items as well. It will be open to everyone. It will be a bazaar of exotic goods, some that will only be sold here, nowhere else in Wisconsin.”
They plan to establish the Asian marketplace in an existing 13,940-square-foot building on the 3-acre site and with a proposed new two-story, 69,888-square-foot building.
The business will operate similar to a mini markets mall. Ten-foot by 10-foot stalls will be divided up in the buildings and will be leased to vendors, which will be charged a monthly fee. The existing building will have 65 stalls and the new building will have 375 stalls. The new building will also have a food court with 4 coffee houses and 8 restaurants.
In its plans submitted to the city, Milwaukee Asian Markets compares its operation to 7 Mile Fair in Racine County and International Hmong Markets in St. Paul, Minn.
“We want to emulate the International Hmong Market in St. Paul, Minn.,” Milwaukee Asian Markets Phongsavan say in documents submitted to the city. “They currently have around 370 dedicated entrepreneurs employing more than 500 employees. What is amazing about this market is that they also have a waiting list of roughly another 250 plus vendors who want to get in and start their own business.”
Milwaukee Asian Markets Phongsavan say their market will provide “around 300 new entrepreneur opportunites” and will create “350 to 500 new jobs.”
Milwaukee Asian Markets Phongsavan’s request for a zoning change will be reviewed by the City Plan Commission on Monday.
