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.
value of the purchase is not yet being disclosed by
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
of two subdivisions
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
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
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.
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.
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