$3.5 million in incentives proposed for Woodman's in Waukesha

Sept. 19, 2011

Waukesha - Woodman's Food Market, which has announced plans to build a grocery store on the vacant Spancrete Industries Inc. site at Highway 164 and E. Main St., will get up to $3.5 million in financial incentives from the city under a package unanimously recommended Monday by the city's Redevelopment Authority.

A proposed tax incremental financing plan states that Woodman's would develop a 243,753-square-foot grocery store and create 219 full- and part-time jobs, adding $15 million to the city's tax base when finished.

A public hearing will be held at 6:30 p.m. Oct. 12 at City Hall before the Plan Commission to seek approval of the proposed tax increment district and project plans. Approval of a Joint Review Board of other government representatives must also be obtained.

The Common Council is expected to act on a rezoning request for the project, changing the land use from industrial to commercial, at its Oct. 4 meeting.

In a letter to Common Council members, Community Development Director Steven Crandell said the tax incremental financing plan will provide incentives for redevelopment of a blighted area.

In justifying the incentives, the plan says that commercial growth in Waukesha has come to a near standstill. In addition, it says that redevelopment of the no-longer used industrial site is much more costly than development on virgin land.

Spancrete Industries, which manufactures large concrete panels, closed its facility on Main St. last November.

Woodman's, a Janesville-based employee-owned retail grocer, would occupy about 19 acres of the 34-acre site, along with a gas station. About a half-dozen out lots of about an acre or two would be developed separately.

The property is adjacent to a Pick 'n Save grocery store.

The tax incremental financing plan lists some extraordinary costs that, if left to Woodman's to pay entirely, would make it unfeasible.

Those include $1 million to $1.2 million for demolition of an existing shuttered Spancrete concrete plane casting facility, $200,000 to $250,000 in city-required architectural upgrade to the Woodman's building, $150,000 to $200,000 in site preparation, $125,000 to $150,000 in environmental testing, $400,000 to $600,000 for off-site infrastructure improvements and $3 million to $4 million in land acquisition costs.

Tax incremental financing allows municipalities to use property taxes generated by new or improved property to pay for the public improvements that attracted the new development. Until the project costs are paid off, up to a maximum of nearly 30 years, the added tax base from the development is not shared with overlying taxing districts, such as the county, school and technical school districts.

Community Watch

» Initial Reaction Podcast: Menomonee Falls baseball virtuoso Ty Weber and Big Ten Media Day Updated:  7/29

» Plans for new Mad Rooster Cafe net final approval from Waukesha Plan Commission Updated:  7/29

» Unfavorable weather crimps attendance at Waukesha County Fair 7/28

» Judge: Prison for Waukesha man who led police on naked, drug-fueled pursuit Updated:  7/28

» Waukesha man accused of spitting on, trying to bite police officers Updated:  7/28

» Ex-Kmart site in Waukesha to grow with new freestanding retail building 7/28

» Court of Appeals: Slender Man stabbing defendants stay in adult court Updated:  7/27

» Power outage temporarily closes Waukesha County Courthouse, administrative buildings 7/27

» Assembly District 83 candidates agree on taxes, differ on opiate issue 7/26

» Waukesha planning staff mulling another downtown apartment project Updated:  7/26

» GOP vice presidential candidate Mike Pence to hold rally at Waukesha County Expo Center 7/26

» Waukesha panel OKs La Casa de Esperanza's charter school expansion 7/25

» New Latin American restaurant Arepanitas opens near downtown Waukesha Updated:  7/25

» Complaint: Waukesha woman, drunk, grabbed gun following phone dispute Updated:  7/25

» Waukesha police report: July 28, 2016 issue 7/25

» Crest owner brings Irish flavor to new venture in downtown Waukesha Updated:  7/25

» 2016 Waukesha County Fair coverage 7/22

» Video: Animal races, 4-H and a geese champion at the Waukesha County Fair 7/22

» Unpaid fees could keep Waukesha students from graduation ceremonies 7/22

» Waukesha South open art studio gives students opportunity to create 7/22

» Social media story on the storms rolling through Milwaukee area 7/21

» Resources available to Waukesha County residents during extreme heat 7/21

» Stay cool at Hebron House and Jeremy Safe Haven 7/21

» Waukesha Salvation Army offering cool place to stay in light of impending heat wave 7/20

» Woman killed in Waukesha County crash is identified Updated:  7/20

View All Posts Got a tip? Welcome rss

Waukesha County Fair


The 2016 Waukesha County Fair saw rain, scorching temps and tropical humidity throughout its five-day run. Check out our stories, photos and video from the fair, including coverage of the new pig, duck and goat races, the 50th annual Fairest of the Fair contest, as well as a ranking of the top food items.

Best Summer Ever


We've made it easy for you to get out and go this summer. From hitting the trails for a bike ride or walk, to where to find beer gardens in the area, to the best places to swim in Waukesha County to the best summer drinks and summer reads, check out our 2016 summer guide.





Most Popular