Dollars are flooding the Deer District hotel
MILWAUKEE – The Bucks kicked off the next phase of Deer District’s expansion on Friday at a site familiar to fans. Right across from the Fiserv Forum, where the Bucks ended their parade route, the world champions have promised a world-class hotel.
On the gravel ground just north of the arena, members of the Bucks front office joined the developers to innovate on “The Trade,” a luxury hotel slated to open in early 2023.
The nine-story hotel will include 207 rooms, as well as first-floor and rooftop restaurants. Formal planning began in 2019, but the pandemic has frozen hotel developments across the world. The Trade is the first new project in the Deer District since the pandemic began, and the Bucks have more in the works.
“We are actively working on commercial and residential and additional retail businesses,” said Bucks senior vice president Michael Belot. “You’re going to see some consistent announcements and moves here in what we like to think of as truly Wisconsin’s most popular place to hang out.”
Friday’s grand opening sets the stage for the next phase for the Deer District. Thousands of fans, including Milwaukee Mayor Tom Barrett, will always associate The Trade’s location with the NBA Finals Game 6 Watch Party or the Championship Parade.
“The only caveat – and it’s a very small caveat – is that it was so great to see all these people standing here during the game,” Barrett said on Friday. “We’re going to find them another place to hang out. “
The Bucks title defense is about to begin, as is construction on the site of the two biggest parties in franchise history.