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MLG has developed cheaper plan for Sussex farm land

Oct. 23, 2012

Village of Sussex - A new proposal by NAI/MLG Commercial will be submitted to village officials within the "two to three months" for the development of a commercial park on a portion of the Meissner Farm at Highway 164 and Silver Spring Road, according to J. Michael Mooney, chairman of the Brookfield- and Milwaukee-based development firm.

Mooney said the sales contract between MLG and Johnson Bank for the purchase of 120 acres of the farm land has been extended by the bank.

In addition, Mooney said MLG is serving as the listing agent marketing the sale of the remaining approximately 270 acres of farm land that the Meissner family sold to the Bielinski Brothers Builders who later had to return the land to Johnson Bank which had financed the transaction.

Mooney on Monday declined to describe the details of the new proposal in progress by company architects and engineers.

However, he said it will be more financially viable than the plan MLG introduced earlier this year, but later had abandon because of unanticipated development costs.

The plan called for the Village of Sussex to purchase the 120 acres for about $2.3 million and then spend another $4.1 million building the streets, utilities and other public improvements needed for the park that would be developed by NAI/MLG.

The plan called for the village to use revenues from a tax increment financing district to pay for the improvements.

The plan was receiving a lukewarm reception from the Village Board, with three trustees prepared to vote against it, when it was discovered the cost of installing sewer lines and constructing a main entrance to the park had been underestimated.

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Weekend Happenings

Featured this week:  

The Art of the Bicycle: 11 a.m. Nov. 21, 26, Delafield Arts Center, 719 Genesee St., Delafield. Diane Lehman, Peter Kudlata and Wheel & Sprocket. Gallery hours are 11 a.m.-4 p.m. Wednesday through Friday and 11 a.m.-3 p.m. first and third Saturdays and by appointment, Free www.delafieldartscenter.org.

Organ Concert: 1:30 p.m. Nov. 21, St. Jerome Catholic Church, 995 S. Silver Lake St., Oconomowoc. Oconomowoc Music Club is hosting a concert by renowned organist Dr. Simone Gheller. Refreshments will be served after the concert. Free.

Yuletide Faire: 5-9 p.m. Nov. 21; 9 a.m.-3 p.m. Nov. 22, Prairie Hill Waldorf School, N14-W29143 Silvernail Road, Pewaukee. $4 in advance or $5 at the door for adults and $1 in advance or $2 at the door for children under 15. Features strolling minstrels and costumed characters, puppet shows, storytelling, candle dipping, face painting, children’s craft workshops, children’s holiday shopping, live music, silent auction, children’s book sale, natural toys, 35 vendors, warm food, homemade desserts, candies, nuts and other treats. 

Fashionable Tidings Gala Luncheon: 11 a.m.-2 p.m. Nov. 22, Country Springs Hotel, 2810 Golf Road, Pewaukee. Holiday fashions of local clothiers Paul Bruce Goodman and Liebling Leather. Music by Brusubardis String Ensemble. Lunch includes shrimp scamp and angel hair pasta with vegetables provencale. Wine tasting  and auction. Benefits Waukesha Choral Union. $35. Call (414) 297-9310 for tickets. www.choralunion.org.

Updates to this calendar are made weekly Monday afternoon. 

 

All weekend happenings.