Wednesday, February 16, 2011

Stonewood plans $15 million makeover - The Business Journal of Milwaukee:

boyanebyboqasavo.blogspot.com
Brookfield’s Plan Commission has approved the first phaseof Schutte’s plansw to add a 4,500-square-foot retail building and retain the originalo stone farmhouse. Schutte had proposed moving the farmhouse toanother location, freeing up more land for new but Brookfield officials nixed the proposal. Mayor Jeff Speaket and other city officials support granting Schuttwe building code variances to add up to six new buildinges onthe 8-acre site that would create an additionalk 80,000 square feet to the current 30,000-square-foo development.
Schutte is self-financing the firs building and will complete the overall redevelopment in three He is lining up financing for the next two but declined to identify the The project will be one of the largest commercial redevelopment effortsd undertaken in southeast Wisconsin during the currentfeconomic downturn, which has forced developers to put many projects on hold.

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