Owners of the Edgewater Hotel are giving layoff notices to 65 employees while the hotel in downtown Madison undergoes long-term renovations, according to a letter sent to the state.
The notice to the Department of Workforce Development states the employees’ positions will be eliminated over a two-week period beginning Nov. 19.
The hotel owners are offering employees job placement services.
Developer Robert Dunn is moving ahead with a major renovation of the Edgewater Hotel and recently found investors to fill a $16 million financing shortfall for the $98 million redevelopment project.
The controversial project faced opposition from some residents, who argued that the plan for the Edgewater, particularly the proposed nine-story tower, was a poor fit for the historic Mansion Hill neighborhood and violated building ordinances in the area.
According to the Wisconsin State Journal, Dunn said he will restore the Art Moderne style of the original hotel, cut the size of a 1970s addition, set a public terrace atop it overlooking Lake Mendota, create a staircase to the lake and erect a nine-story tower.
The new Edgewater will have 189 rooms, up to 10 luxury condos, banquet, meeting and retail space, restaurants, a pier and docks and underground parking, according to the Wisconsin State Journal.