A $50 million combination hotel and housing project at 233 Lake Ave. in downtown Racine Wisconsin. The project is being developed by Hovde Properties of Madison. The project would be a mid-level-service hotel with 100 guest rooms. The Hovde hotel would be run by a separate owner/operator. It will be a three-star hotel, fronting Lake Avenue, that would include a small restaurant with bar. On the same acreage parcel, Hovde also plans to build two multistory apartment buildings totaling about 190 units. Hovde would own and manage those apartments with onsite management. Kahler Slater Architects is designing the project. For more information on this and other upcoming hotel construction and renovation projects in the planning, design, pre-construction and construction phase including who is involved and their contact information and Preferred Vendor Directory please visit: HotelProjectLeads.com and subscribe today.