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City officials working with developer interested in VK land PDF Print E-mail
Written by KRISTYN HALBIG ZIEHM   
Wednesday, 17 December 2014 19:25

Port mayor says prospective buyer is serious but fate of south-side land hinges on TIF assistance for utilities

    Port Washington Mayor Tom Mlada said this week that the city is working with one developer who is seriously eyeing the former VK Development land on the city’s south side.

    “We have received interest from and had dialogue with a number of people over the last year, but there has been significant interest from one developer,” Mlada said. “This level of interest is without doubt the strongest level of interest we’ve heard.

    “There’s nothing definitive. We’re still in conversation. But I’m cautiously optimistic.”

    The city will likely know in the next six to nine months whether the developer will take the project to its next steps, Mlada said.

    City officials didn’t seek out the developer, Mlada added, but they are working with him.

    “What we’ve tried to do is to actively partner with interested parties,” he said. “I wouldn’t say we’re actively courting him. He approached us.”

    Although he would not identify the developer, Mlada said he is from out of state but familiar with the area and has the background and experience to make a project work.

Last Updated on Wednesday, 17 December 2014 19:39
 
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