GRAFTON — Grafton’s downtown redevelopment efforts took a major step forward with the formal announcement of plans for the former lumberyard property.
This “downtown redevelopment project will bring new residents and businesses into the heart of the community,” said Grafton Village President Jim Brunnquell in a statement.
Mequon-based Shaffer Development is proposing a $17million mixed-use project for the 4-acre property at 1505 Wisconsin Ave. The proposed development will be completed in two phases. The first phase will include a 41 unit residential building along the northern edge of the property on Beech Street and a mixed-used building on Wisconsin Avenue with 10,000 square feet of retail space and 18 residential units. The second phase of the project is projected to include an additional 72 residential units and between 10,000 and 15,000 square feet of commercial space.
“The size of the parcel and the number of related parking stalls for both retail/hospitality customers and renters will ultimately dictate the number of residential units,” said Grafton Village Administrator Darrell Hofland.”
By Laurie Arendt - News Graphic Correspondent
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