The view of Parc at Lac La Belle from Wisconsin Avenue.
The condo development will have 18 units ranging in
price from $999,000 to $1.5 million.
Another luxury residential development in downtown
Oconomowoc is set to move forward with 18 units ranging
in price from $999,000 to $1.5 million — and the two at
the highest price are already reserved.
The project was
put on hold for about the past year when developer Jon
Spheeris waited for cost estimates from the builder.
“The planning and
design phase has been completed and we will soon be
ready to begin work on the project,” said Spheeris, a
Lake Country developer and real estate broker for
Coldwell Banker Elite, in a statement.
The project “was
delayed more or less” because he didn’t have final costs
for the project and Spheeris said he wanted hard numbers
so he knew what to ask for the units.
Of the 18 units,
four have been reserved.
As seen from the lake, the Parc at Lac La Belle units
will have covered balconies with unobstructed panoramic
views of Lac La Belle and the development will have its
own marina with direct lake access.
The Parc will offer
16 residences and two penthouses in the 100 block of
West Wisconsin Avenue. All of the units will have
covered balconies with unobstructed panoramic views of
Lac La Belle. Each unit features three bedrooms, two
baths and a powder room, kitchen, dining area, great
room and library/den, both with fireplaces, and in-unit
According to the
Friday announcement, people who secure their units now
can customize their residences from the selection
offered by The Parc or with assistance from The Parc’s
team of decorators.
Spheeris said he
hopes to break ground on the development late this
summer and anticipates it will take about a year to
Next door to The
Parc is Eagle’s Landing at Lac La Belle, for which the
Oconomowoc Common Council approved tax incremental
financing during a special meeting Thursday night.
Eagles Landing is a
21-unit condominium development that will be constructed
where the former Spinnakers restaurant stood. Plans for
the project include space for a restaurant.
Spheeris said The
Parc was approved by city staff and he thinks the
developer’s agreement is still in effect. A public
sidewalk that the city wanted to install next to The
Parc, but which Spheeris was hesitant to agree to, will
now be installed, he said.
Working on the
project is designer and architect Kent Johnson, the
creative interior design team of Dream House – Dream
Kitchens, Inc. and landscape designer Dennis Buettner,
whose portfolio includes the Wisconsin Governor’s
Mansion and the Villa Terrace Decorative Arts Museum on
the units are divided equally between two mid-rise
towers surrounded by custom landscaping. Each tower has
semi-private elevators with fob entry to individual
units. In addition, The Parc will have its own marina
with direct lake access and several boats on hand for
residents to reserve for a day on the lake.
can be found at
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