Another step forward for Eagle’s Landing project

By Jake Meister - Enterprise Staff

March 23, 2017

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 project.

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 La Belle.

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.


Special Series