Wednesday, December 5, 2007

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?

No comments:

Post a Comment