Aldermen pass redevelopment agreement for Fowler Lake Village

By Jake Meister - Enterprise Staff

Oct. 5, 2017

OCONOMOWOC — One of the city’s more interesting ongoing stories reached its climax Tuesday when the Common Council approved the redevelopment agreement for Fowler Lake Village.

Fowler Lake LLC announced this spring its intentions of building the five-story, 180,000-square-foot mixed use condominium development on vacant land located at the corner of St. Paul Street and East Pleasant Avenue, across from City Hall.

The amount of condominiums involved has changed several times. According to a Wednesday examination of the project’s website, Fowler Lake Village is now slated to feature 28 residential condominium units priced from $349,000 each. Fowler Lake Village will also feature commercial units starting from 515 square feet to 3,525 square feet.

The Oconomowoc Common Council voted in February to settle a lawsuit against the city for the previously proposed Fowler Lake Village, which its developers had hoped to build behind City Hall by Fowler Lake, an area the city is currently upgrading via its own Fowler Lake Waterfront Project.

The redeveloper’s agreement outlines the responsibilities of both the city and Fowler Lake LLC for the project. Before the build can start, the certified survey map and condominium plat will have to be approved by the Plan Commission and council. A vote on those items will likely occur in the coming weeks.

In other council news, the aldermen approved ordinances to amend the city’s comprehensive land use plan for a more than a 30-acre portion of Pabst Farms Development and to rezone lands in that development to business park.

Pabst Farms Development wants to build a high-density residential structure on the parcel of land, which is located on the northeast corner of Old School House Road and Valley Road.

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