68°

Lake Country Weather

  • Log-in Edit profile
  • Register Logout

Advertisement

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.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Weekend Happenings

Featured this week:  

First Saturday Delafield Contra Dance: 7 p.m. April 4, Prairie Hill Waldorf School, N14 W29143 Silvernail Road, Pewaukee. Lessons are from 7 to 8 p.m. and dance with caller and band from 8 to 11 p.m. Visit www.delafieldcontra.com or call (262) 490-0769. $8, $5 students.

Easter Egg Hunt: 11 a.m. April 4, Okauchee Lions Park, N49 W34400 E. Wisconsin Ave., Okauchee. Welcome the Easter Bunny at the Okauchee Lions Annual Easter Egg Hunt. Free.

Live Music: 6 p.m. April 4, Seven Seas, 1807 Nagawicka Road, Hartland. Live Music at Seven Seas in the lounge & bar area. Enjoy drinks and dancing while listening to Johanna & Georgia sing and play saxophone. Includes songs by Earth, Wind & Fire, John Legend, Donna Summer, LeAnn Rimes, Stevie Wonder, Maroon 5 and more.  www.sevenseaswi.com

 

Cat Show: 9 a.m. April 4, Waukesha County Expo Center, 1000 Northview Road, Waukesha. Six judges will choose their favorites from the kittens, championship and premiership classes, the latter for neutered and spayed purebreds. Household pets, for those beloved home companions, will have a special class for competition as well. Admission is $6 general, $4 for children and senior citizens.

Updates to this calendar are made weekly Monday afternoon. 

 

All weekend happenings.