The parcel just south of Beech
Street and west of Wisconsin Avenue is slated for a
major development, potentially beginning as early as
Photo by Mark Justesen
GRAFTON — Grafton’s downtown redevelopment efforts took
a major step forward with the formal announcement of
plans for the former lumberyard property.
This “downtown redevelopment project will bring new
residents and businesses into the heart of the
community,” said Grafton Village President Jim
Brunnquell in a statement.
Mequon-based Shaffer Development is proposing a
$17million mixed-use project for the 4-acre property at
1505 Wisconsin Ave. The proposed development will be
completed in two phases. The first phase will include a
41unit residential building along the northern edge of
the property on Beech Street and a mixed-used building
on Wisconsin Avenue with 10,000 square feet of retail
space and 18 residential units. The second phase of the
project is projected to include an additional 72
residential units and between 10,000 and 15,000 square
feet of commercial space.
“The size of the parcel and the number of related
parking stalls for both retail/hospitality customers and
renters will ultimately dictate the number of
residential units,” said Grafton Village Administrator
The targeted property is
located just west of Wisconsin Avenue and Beech
Photo by Mark Justesen
The village of
Grafton has established a target ratio of single family,
two-family and multi-family housing. During the past
decade, the village has limited new multi-family
developments to bring the mix closer to this target
ratio. However, projects in two redevelopment areas,
downtown Grafton and the south commercial district, are
exempt from this limitation.
Shaffer Development has met with
several potential retail clients, but has not made a
formal announcement regarding development tenants.
Potential tenants include a coffee shop/restaurant, a
financial institution, a hair salon and a dental
practice. Shaffer Development’s most recent project is
the Mequon Town Center, currently under development on
the corner of Mequon and Cedarburg roads.
The village of Grafton has focused
on this parcel for redevelopment during the past few
years, and the village’s Community Development Authority
voted unanimously to sell the property to Shaffer
Development for $1.
The village of Grafton and Shaffer
Development are working with the Wisconsin Department of
Natural Resources and the Wisconsin Economic Development
Corporation to secure brownfields grants for the site.
During the due diligence process in acquiring the final
2.2 acres, the village discovered soil contamination
issues, which will need to be remediated prior to the
start of development.
development is scheduled to break ground in summer 2015,
with site occupancy expected in summer 2016.