The Community Development Authority will be discussing a proposed taxing district and its boundaries Thursday.
Residents of Sussex will have a chance to share their thoughts on the major Mammoth Springs redevelopment project Thursday at Village Hall. The Community Development Authority will be reviewing a proposal to create a taxing district that would help fund a $21 million residential and retail development near Main Street and Waukesha Avenue. The CDA will met at 5:30 p.m. at Village Hall. Site owner Arthur Sawall purchased the property in January 2010, and has plans to construct a seven-building complex with a mix of retail and residential spaces. The construction would occur in phases with two "high-end housing" buildings coming first. According to the proposal, new multifamily or commercial buildings would arise annually from 2014 through …
Sussex leaders are putting together a proposal to create a taxing district in order to spark development on the Mammoth Springs site. The village is poised to invest some $4.7 million through the life of the project to see it to fruition.
Village leaders in Sussex are hoping to take a second stab at sparking development at the former Mammoth Springs Canning Company site near Main Street and Waukesha Avenue. The village will once again enter the taxing district market, and is poised to make a significant investment in the site with the hopes that increased tax revenues will turn a profit for residents. Site owner Arthur Sawall purchased the property in January 2010, and has plans to construct a seven-building complex with a mix of retail and residential spaces. The construction would occur in phases with two "high-end housing" buildings coming first. According to the proposal, new multifamily or commercial buildings would arise annually from 2014 through 2019. In order to …
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Main St & Waukesha Ave, Sussex, WI
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