The Village of Kewaskum has
entered into an agreement with Kilo Tango LLC to develop three
commercial parcels in TIF district No. 2.
Kilo Tango, managed by Kraig
Sadownikow of American Construction Services, purchased a sizeable
portion of the commercial area of the district Monday. The village
of Kewaskum will provide the remainder of its original improvements
valued at $230,000. In exchange, the developer is committed to
building $2 million worth of improvements by 2019 and another $2
million by 2021.
anticipated to be light industrial and bring much-needed economic
development and jobs to Kewaskum,” said Village President Kevin
Scheunemann. “This TIF district has been a challenge for the village
of Kewaskum for quite some time and I am very excited to see this
economic development plan move forward.”
district was created in 2005 but has stayed mostly dormant since
2008 due to the recession.
Kilo Tango LLC
is a long-standing commercial real estate developer, architectural
firm and construction management company based in West Bend.