Developer wants $1.3M in public financing for apartment complex
Funeral home wants to build a crematory on Moreland


Sept. 24, 2016

WAUKESHA Less than two weeks after a downtown apartment project was approved by the Waukesha Plan Commission, the developer is seeking $1.3 million in public funding, which the Finance Committee will take up during its 6:30 p.m. meeting Tuesday.

According to documents filed with the city, Sterling Investments is seeking an incentive of $1.3 million to redevelop 220 W. Main Street from an empty lot into the Clearpoint Apartments, which would include four levels of housing and two levels of parking, as well as an improved green space at the corner of Riverfront Street and Barstow Street. According to the documents, $1 million would be in the form of a grant at the time the building is completed and $300,000 would be in the form of a PAYGO that would be paid annually in the amount of $100,000 in 2021, 2022 and 2023.

The guaranteed final assessed value of this project would be $13 million and the addition of the tax increment this project would generate would allow the tax incremental district No. 11 to close one year earlier than projected. The project would not require any additional investments in road or utility infrastructure, according to the documents.

The executive recommendation is to approve the TIF incentive to Sterling Investments for the development.

Plan Commission to meet

On Wednesday, the Plan Commission will meet at 6:30 p.m. to discuss a request from Cesarz, Charapata, & Zinnecker Funeral Home, 237 N. Moreland Blvd., to build a crematory. The proposed 1,000-squarefoot addition would have stucco to match the existing building.

Also during the meeting, the commission will discuss a site plan and architectural review for the conversion of the Expo Citgo, 1700 Pewaukee Road, into a Kwik Trip Express. New signage, a fuel canopy and repaving the area are being proposed for the site.

A new business, Doggy Paradise, has been proposed for 2510 W. Sunset Drive. The Plan Commission will discuss a conditional use permit for the business, which would offer doggy day care and grooming.

Both meetings will be held in the City Hall Council Chambers, 201 Delafield St.