SUMMIT
Neumann Companies strikes deal with Pabst Farms for 250 acres
Agreement likely to result in construction of 330 homes

By Jake Meister - Freeman Staff

Jan. 6, 2017

Pewaukee-based Neumann Companies has purchased about 250 acres of land at Pabst Farms, a purchase that encompasses property in both the Village of Summit and the city of Oconomowoc.

The value of the purchase is not yet being disclosed by Neumann.

Neumann Companies’ Director of Sales and Marketing Cindy Wegner said the business hopes the multi-phased development will begin this spring with the goal of completing some of the home sites this year. Once complete, the development should feature at least 326 home sites.
 

A tale of two subdivisions

The development is divided into four neighborhoods. Three of the neighborhoods will be located west of Sawyer Road and south of Valley Road in an area to be named Lake Country Village. The lot sizes in the neighborhood will be approximately 1/2 acre, 1/3 acre and 1/4 acre, Wegner said. Those living in Lake Country Village will be residents of the Village of Summit.

Interlaken Village, the fourth neighborhood, will feature 26 lots and will be built east of Sawyer Road. The homes built in the village will be part of the city of Oconomowoc’s sewer and water system.

According to a statement released by Neumann Companies, the entire development will feature at least 110 acres of permanently preserved parks and open space. The neighborhoods will also boast five miles of bike and walking trails, playgrounds, outdoor swimming pools and fire pits.
 

A long time coming

Wegner said Neumann Companies has been attempting to strike a deal with Pabst Farms for some time. The deal, and as a result, the project, fizzled out after the first effort. Both sides began exploring a deal again in 2016.

Wegner said individuals looking to build a home on one of the lots will be provided a number of options. Neumann will offer a Preferred Builder Program in all four neighborhoods. This program will allow consumers to choose from models that have been built by a number of home builders, all of which are based in Lake Country.

Some lots will give homeowners the option to select any builder to create a home on the site.

Village of Summit Administrator Henry Elling said the construction drawing, utility plans and overall grading for the lots located in Summit must still be approved. The Summit Plan Commission will ultimately look at a landscaping plan for the open space areas of the project, he added.

Elling said it will be interesting to see the Summit-based portion of the project come together after it was once just a mass space of farm fields.

Email: jmeister@conleynet.com

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