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Corporate Park

Wednesday, July 25, 2012

Sussex Business Park Officially Over, Village President Weighs In

After cancelling the public hearing, the village board officially voted to end discussion on the business park behind Shopko and Kohl’s.

The plan to begin development on a new business park in Sussex is officially dead after Village Board members voted to end the project during Tuesday night’s board meeting. This comes after Village Administrator Jeremy Smith announced the cancellation of Wednesday’s public hearing pertaining the project, as well as his professional recommendation to kill the development plan. The swift end to the potential corporate park comes after preliminary costs came in more than $1 million more than anticipated. Sussex Village President Greg Goetz spoke about the project during the meeting, explaining that while TIF districts run by the village have meant hundreds of millions of dollars in tax base, jobs and economic diversity, this project fell …

Will Silvers

6:18 am on Thursday, July 26, 2012

They will continue to look for future development opportunities? Really? Then they should form a partnership and invest/risk their own money. Stay out of private development!   more ›

Monday, June 18, 2012

Sussex Answers Questions on New Corporate Park

Village officials are answering some key questions they received during the last Village Board meeting regarding the new corporate park behind Kohls.

Although the Sussex Village Board gave the green light to begin the process of purchasing 120 acres of land for a new corporate park, some Sussex and Lisbon residents were left with questions.  During the June 12 Village Board meeting, local citizens stood at the podium and asked board members a list of questions about the possible development near Highway 164 and County Road VV behind Kohl’s. However, for legal reasons, the board wasn't allowed to answer them during the meeting.  In an official statement released by the village, Sussex officials answer some of the questions that came to light during the meeting. Why is the Village considering a new corporate center? Another corporate center will add to the property tax base, will add jobs…

Will Silvers

8:40 am on Tuesday, June 19, 2012

Keep private business private. If it is to be developed, that property is for sale now and any developer could purchase it. If there was a need for more corporate centers, they would be built already. What happened to that one on 164 and K - is it filled up already? Seems like there is some real estate avaialable where blockbuster was... Maybe the board should save the funds and to support the …   more ›

Wednesday, June 13, 2012

Sussex Gives Green Light to Next Step in Corporate Park Process

A $60,000 grant has been approved to start the purchasing process of 120 acres of farmland to be developed into Sussex’s newest corporate park.

Both the Community Development Authority and the Sussex Village Board voted unanimously Tuesday night to begin the process of purchasing 120 acres of farmland on the west end of Sussex, turning it into a new corporate park. A community development grant totaling $60,000 will be paid to Brookfield developer MLG to begin surveying the land behind Kohl’s and Shopko, doing environmental studies and possibly completing the sale of the farmland with Johnson Bank, the current owner of the land. Sussex officials stress they have the right to stop the process at any time, and the grant money is revenue from a former tax incremental financing district, not tax money from Sussex homeowners. When filled with businesses, MLG estimates the business park…

harvey

5:39 pm on Friday, June 22, 2012

arnold the village did not spend any money for the silver spring industrial park and it was still built   more ›

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