CEDARBURG — The
question over what to do about Cedarburg’s last remaining
undeveloped business parcel was reviewed by the city’s Community
Development Authority last Wednesday.
On one hand, if
the 5-acre parcel located off of Evergreen Boulevard is rezoned, it
leaves no available land until the city establishes its expected
industrial park on Highway 60, a project that is still a few years
in the making.
On the other
hand, it’s a parcel that’s not particularly suited to business
development, and it has sat vacant for years with no serious
interest from anyone to purchase or develop it.
“This parcel has
sat for 15 years,” said CDA member Jack Arnett. “Just because it has
M-3 (zoning), doesn’t mean anyone is going to develop it.”
The matter was
being reviewed by the CDA at the request of the Plan Commission,
which had met earlier in the month to review a proposal by Greg
James to develop a 24- to 28-unit condominium project on the site.
To do so would require the parcel to be rezoned from M-3 Industrial
to RD-1 Two-Family Residential.
members asked for the review due to the fact that developable
business land was at a premium in the city, at least for the time
being. They also asked the CDA to consider the viability of
purchasing the parcel, reselling it or just keeping the zoning as it
were also dealt an additional wrinkle, according to City Planner Jon
Censky, who had done some research since the Plan Commission
“This parcel is
part of Business Park No. 1, and it is subject to certain covenants,
which would preclude any zoning and are in effect in perpetuity,” he
explained. “To change this zoning would be quite an undertaking.”
It would also
require the approval of all the existing landowners in the business
landowner could have veto rights and that’s it?” asked CDA member
and Mayor Kip Kinzel, to which Censky confirmed.
James noted that
he had postponed reaching out to the other neighbors until he knew
what the Plan Commission’s decision was on the project, as well as
the fact that he had also just learned of the covenant issue earlier
in the day.
He also noted
that should he pursue this project, he would not be seeking any
assistance or financing via a tax incremental finance district,
though this parcel is part of the city’s original TIF which has
discussion, the CDA voted to recommend that the Plan Commission
approve the rezoning of the parcel. Should all the necessary steps
be completed to rezone the parcel, James’s project would include a
private road and two-bedroom, two-bath condos with a selling price
of about $300,000.