Construction begins at The Parc on Lac La Belle

By Brandon Anderegg - Freeman Staff

Jan. 5, 2018

 Members of Corporate Contractors, Inc., Coldwell Banker Elite, Johnson Design Inc., and Oconomowoc officials including Mayor David Nold break ground with gold-plated shovels Thursday afternoon for the construction of The Parc, a two-towered condominium complex in Oconomowoc on 200 W. Wisconsin Ave.
Brandon Anderegg/Freeman Staff

OCONOMOWOC — Construction began on The Parc on Lac La Belle condominiums, 200 W. Wisconsin Ave., following a groundbreaking ceremony Thursday afternoon.

The Parc is a two-towered condominium complex with 16 regular units and two penthouses ranging in price from $999,000 to $1,499,000, according to Coldwell Banker Elite Administrative Coordinator Jeff Gramins. He said 12 of the 18 rooms have already been reserved.

The development was started by long-time area developer Jon Spheeris of Coldwell Banker Elite, a real estate firm located in downtown Oconomowoc, Gramins said. The condos will be constructed by Corporate Contractors, Inc., with the completion date slated for March of 2019, according to CCI Vice President Kevin Day. Oconomowoc Mayor David Nold, who attended the ceremony, said The Parc condominiums are an exciting opportunity for the Oconomowoc community.

“This whole area has been redeveloped to provide a much-needed tax base for the area,” said Nold.

Nold also said a nice perk of the project is that there will be a public walkway along the lake that anyone can access.

All 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 laundry. Each penthouse will have 4,200 square feet of space and the remaining 16 units will have 2,900 square feet.

Gramins said the structure will change the look of the area dramatically. He said the dual midrise-tower design should open the space between the street and the lake and with a generous setback, create a more welcoming feel to the area.

“It’s going to be really something when they’re done with it,” said Gramins.

<<EARLIER: Delayed luxury lake condo project ready to move forward

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