- Commercial Property Associates is exploring the idea of
building a commercial building near the intersection of
Saylesville Road and Highway 59, also known as the Les
Paul Parkway, in Waukesha.
Jon Thoresen, president of Commercial Property Associates,
said plans are very preliminary at this point. First, the
company needs to work with the Department of Natural
Resources to delineate where the wetlands are on the
26-acre site. The wetlands on the property have grown
during the years because the land has been sitting
there unused, he said.
Thoresen said public financing totaling about $1.2 million
will be sought for the project. The tax incremental
financing money would be put toward creating a street that
links the development to Highway 59, he said. The project,
named Les Paul Parkway Town Center, may not come to
fruition for three to four years, Thoresen said.
As of Friday, there are no preliminary site plans or