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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:  

Spring Seedling Sale & Greenhouse Open House: 10 a.m. May 23, NuGenesis Farm, N68 W33208 County Road K, Oconomowoc. A variety of organic veggie and herb seedlings to plant in your home or community garden this spring will be for sale. All plant sale profits will benefit the Giving Garden initiative.

Memorial Honor Celebration: 8 a.m. May 23, Wisconsin Harley-Davidson, 1280 Blue Ribbon Drive, Oconomowoc. Daylong event begins with reveille and breakfast at 8 a.m. followed by color guard and the national anthem. The event also includes military and veterans organizations, interactive displays and vehicles, food and beverages and entertainment. Evening showing of “Honor Flight: One Last Mission.” on a big, outdoor screen.

"Small Space Container Gardens" Seminar: 11 a.m. May 23, Ebert’s Greenhouse Village, W1795 Fox Road, Ixonia. Free educational seminar by gardening expert Melinda Myers. Melinda, who will also be available to answer gardening questions. Enter to win a $500 Ebert’s shopping spree with Melinda.

Tyke Hike: 10 a.m. May 23, Lapham Peak State Park, W329 N846, Delafield. Children and their families will hike with a guide and a representative of the Delafield Library will share books, songs and a craft to enhance the experience. Meet at the Lapham Peak Tower. State park sticker is required.

Updates to this calendar are made weekly Monday afternoon. 

 

All weekend happenings

 

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