WiRED Properties is planning more retail building development in the Main Street portion of Drexel Town Square in Oak Creek.
WiRED Properties, has the land between Sixth Street and the PetSmart property on Drexel Avenue under contract, and will submit plans to the city of Oak Creek within 60 days to construct three new buildings.
The buildings will be constructed on the west side of Main Street and used for retail, said Blair Williams, president of WiRED.
Williams would not say who the tenants would be, but said he is working with Mid-America Real Estate on leasing and Rinka Chung Architecture on design.
The 20,000 square feet of additional space would front Drexel Avenue and would be able to accommodate restaurants with patio seating, and other food uses, said Dan Rosenfeld, of Mid-America Real Estate Group.
Williams is the developer of the Main Street portion of Drexel Town Square. So far, that includes 62 luxury apartments and more than 33,000 square feet of retail space.
Two buildings are currently under construction, a 36-unit apartment building and a 26-unit apartment building, which each have about 18,000 square feet of retail below including Bel Air Cantina and Pizza Man restaurants.
There is also still an opportunity for a unique corner restaurant adjacent to Bell Air Cantina, across from the town square park in about 2,400 square feet of space, Rosenfeld said.
On Tuesday night, the Oak Creek plan commission approved site and building plans submitted by Los Ranchos, N.M.-based Drexel Square Hotel Group, LLC for a 112-room hotel at Drexel Town Square. The hotel was originally going to be a 108-room Four Points by Sheraton but the flag has changed to TownePlace Suites by Marriott.
TownePlace Suites is considered an upper midscale Marriott brand. This will be the second TownePlace Suites in the state. The other one is in Brookfield.
Jerry Franke, president of Wispark LLC, which is the lead development firm for Drexel Town Square, said he was pleased with the hotel brand change.
“We’re really excited about the chain,” Franke said. “We think it fits in with the design better and with the buildings (developers) Rick Barrett and Blair Williams are doing (at Drexel Town Square) better.”
