Will New Pabst Farm Developer, Local Governments, Pay Fair Shares of Interchange Cost?
Pabst Farms has a new developer lined up to build a mall for the planned community in Oconomowoc: the question is - - will it, and its local government partners, be asked by the state to cover more of the projected $25 million price tag to construct an interchange off I-94 in exurban Western Waukesha County to service it?
And will the mall even meet the City of Oconomowoc's demand for the upscale project long-promised for the site, as The Journal Sentinel reports that the new developer is known as a strip mall builder.
The previous developer had pulled out, but along with Waukesha County and the City of Oconomowoc, the local shares of the cost were announced at about 15% total, even though Wisconsin Department of Transportation guidelines put the local share for this type of project at between 25-100%.
You can read about the WisDOT local share costs guidelines on this blog, here.
Maybe other media will publish the WisDOT information, which is readily available?
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