A residential developer plans to build a subdivision of about 365 housing units on 228 acres at the Silver Spring Golf Club in Menomonee Falls.
Pewaukee-based residential real estate developer Neumann Developments Inc. is under contract to buy the golf course and banquet facility at N56 W21318 Silver Spring Drive. The purchase should close by November.
Neumann Developments President Steve DeCleene said that while the developer builds on the southern end of the area, the Silver Spring Golf Club and banquet facility will remain operational, run by the development company. This part will take about three to four years, he said.
He said that when the northern area starts to develop, the golf course will close permanently, but the banquet facility will remain open.
“I expect the banquet facility to be open forever,” he said. “We want to keep it open. Many people are looking for a nice spot. We want it to have a more active use.” One option might be running it more as a restaurant, in addition to hosting special events, he said.
On Aug. 15, the developer proposed two lot sizes, but Village Board members rejected the idea and recommended all lots be the same size, at about 11,700 square feet.
The development company is expected to present a plan with those lot sizes at the Sept. 13 Plan Commission meeting.
DeCleene said there will be about 127 housing units on the southern end of the development, 95 of them two-story townhomes. The northern end has been approved for 240 homes, none of them townhomes.
Prices are expected to be $600,000 a home, and $450,000 for townhomes.
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He also said that all the homes will be in the Hamilton School District. “It is a great district, and they do a great job in handling the growth, and they own land (to build on). They do a great job,” he said.
Hamilton School District Superintendent Paul Mielke said a community advisory committee analyzes the growth of the district. “We respond to the needs of the community. We are good, space wise, and we have land available (to expand),” he said. “We are in the position to handle it.”
Cathy Kozlowicz can be reached at 262-361-9132 or [email protected]. Follow her on Twitter at @kozlowicz_cathy.