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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:  

Delafield Block Party: 5 p.m.-12 a.m. July 10, 11, Downtown Delafield. Festival features food and music plus specialty brews and wine. Friday entertainment is The Orphans and The Toys. Saturday hear Up All Night and Rhythm Method. www.chamber.visitdelafield.org

Lake Country Art Festival: 9 a.m. July 11, Naga-Waukee Park, 651 State Road 83, Delafield. The Lake Country Art Festival features more than 100 juried artists from jewelry, paintings, photography, fiber crafts and metal artists. Children’s activities tent, silent auction, entertainment and food services provided by Delafield Brewhaus. There is a $5 donation per carload for parking with all money raised going to local charities and scholarships to graduating seniors.

Sussex Lions Days: July 10-12, Sussex Village Park. Annual event features carnival rides, live music, sport tournaments, sheepshead tournament, bingo, food and beverage booths, pony and camel rides and tractor pull. Fireworks Friday night. Parade at 10:30 a.m. Sunday. www.sussexlions.org

Annual Oconomowoc Arts Center Open House: 6 p.m. July 11, Oconomowoc Arts Center, 641 E. Forest St., Oconomowoc. Tom Klubertanz and Andy Zietlow will entertain visitors. Free brats, burgers and hot dogs. Local dance and community service groups will be on hand in the lobby with informational tables. Check out the 2015-16 season line up and take advantage of discounts for early ticket purchases.

Updates to this calendar are made weekly Monday afternoon. 

All weekend happenings

 

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