The Wisconsin Center’s board said Friday it needed to borrow an additional $20 million to cover a budget shortfall, and officials said inflation and supply chain problems have driven up costs as the center expands, according to a report.
Wisconsin Center District officials marked the start of construction on a $420 million project of the downtown Milwaukee convention center on Thursday.
The downtown Milwaukee Wisconsin Center convention center expansion is proceeding with a $420 million taxpayer-financed project even as the COVID-19 pandemic has devastated the travel industry.
The long-planned $420 million expansion of Milwaukee's downtown convention center is moving ahead again after officials approved a plan allowing money to be borrowed for the project once markets recover following the COVID-19 outbreak.
Wisconsin Center District officials are weighing their option for advancing a $400 million expansion of their organization's downtown Milwaukee event center in April, amid fears that COVID-19 could derail the project.
The Wisconsin Center District announced this week that it has picked five subcontractors for preconstruction work on a long-planned $300 million expansion of the downtown Milwaukee convention center.