Wednesday, January 12, 2011

Waukesha County Housing Updates

Some quick updates:

  • The YMCA housing proposal continues to have difficulties as the City of Waukesha Plan Commission's decision to delay will cause the developer to miss the deadline for applying for tax credits, with the delay being due to design questions and a question on the historical status of a gas station.
  • A developer, Keystone, would like to create senior housing downtown Waukesha
  • MSP Real Estate is taking another run at New Berlin, proposing "high-end condos" with 3 buildings of 34 condos each.  You may remember MSP Development and New Berlin butted heads previously on MSP's proposal for a development with both workforce housing and senior housing. (More on this soon!)
A note here.  With the YMCA housing proposal in Waukesha, and the original MSP proposal in New Berlin, every delay by the cities meant more expenses to the developers.  In the case of MSP, they had to scrap their entire plans (personally, I wish they fought more), may have concluded that this was the best they could do to recover the costs lost in their original proposal. 

In both cases, the developments were sidetracked after neighbors began protesting.  In YMCA's case, there was no concern about the historical status of the gas station until after they bought the land and the development plans were announced.  With MSP, the Planning Commission actually had given their approval, and reversed themselves after an outcry from New Berliners.   Is that any way to conduct business in a city?

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