OCONOMOWOC — The
construction of the proposed Eagle’s Landing at Lac La
Belle project on the site of the old Spinnaker’s
restaurant became more likely Tuesday when the Common
Council approved the certified survey map for the
The map combines
the American Legion-owned Spinnaker’s property, 128 W.
Wisconsin Ave., with the former Peeble’s property at 116
W. Wisconsin Ave. and the city municipal parking lot
into one lot to be used for the Eagle’s Landing at Lac
The Oconomowoc Plan
Commission approved March 8 the major design review
plans for the proposed project that could result in the
construction of Eagles Landing at Lac La Belle, a
21-unit condominium building.
Mark and Sue
Neumann, who own Ten Point Properties, Inc., reached an
understanding with American Legion Post 91 this past
summer that the building would be sold to the Neumanns
should the Common Council approve the various measures
allowing for the build.
In addition to the
condominiums, Mark Neumann previously told the
Enterprise the building would feature a new restaurant
and would also provide a space for the American Legion
Post 91. He said the building could be as high as five
to six stories at some points.
In the public
comment period prior to the council’s vote on the map
Tuesday, American Legion Post 91 Commander Bill Winkels
said he and the Legion fully support the transfer of the
property to Ten Points.
Winkels said the
tax revenue from the complex could be 30 times greater
than what the Legion is currently paying. He said the
project would also add vitality to the downtown area
while adding a needed restaurant on the lake. Finally,
Winkels said Ten Points would take complete care of the
public parking lot.
According to city
documents, the municipal parking lot would be
transferred to Ten Points Properties upon approval of
the Common Council. The city would then maintain the
right to park vehicles on the surface portion of the lot
through a 100-year lease agreement valued at $1.
The project wasn’t
without opposition. Some of the public comment suggested
too many people are getting carried away with the
construction of condominiums in Oconomowoc’s downtown,
preventing those who cannot afford to live in the
properties from being able to fully enjoy the lake.