A group led by developer and restaurant operator John Vassallo has bought a large site near Milwaukee`s Mitchell International Airport for $2.1 million.The 15.7-acre site, 4747 S. Howell Ave., was an airport parking lot operated by Los Angeles-based WallyPark before closing in 2021 during the pandemic.
It was sold by two Denver-based groups to Vassallo`s Kosmos Merit LLC, according to a deed posted online by the Wisconsin Department of Revenue on Sept. 16...
Leo’s notes: John Vassallo’s $2.1 million purchase of the former WallyPark site near Mitchell International Airport signals new potential for south-side Milwaukee redevelopment. While the project’s direction is still open, Vassallo’s track record—including 75 workforce housing units in the 100 East tower conversion—suggests housing could be part of the mix. Sites like this, close to transit and jobs, are prime opportunities to address Milwaukee’s housing shortage while reactivating underused land.
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- - Volume: 25 - WEEK: 39 Date: 9/22/2025 10:42:31 AM -