New proposal preserves historic Wonder Bar

The latest proposal from McGrath Property Group includes plans for preserving the Wonder Bar, according to a report from the Wisconsin State Journal. The developer had originally planned to raze the Coliseum Bar & Banquet, 232 E. Olin Ave., and Wonder Bar steakhouse, 222 E. Olin Ave., to build an 18-story development that would offer 291 apartments, 16,000 square feet of commercial space, and parking for a price tag of $40 million. The current plan would relocate the bar closer to Olin Avenue.