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Germantown board directs staff to buy village‑center parcels, move ahead on TID process
Summary
After months of study and public workshops, the Germantown Village Board voted Feb. 17 to proceed with purchasing three parcels in the Mequon‑Pilgrim Road gateway and to pursue a tax‑increment financing district to support a Village Center master plan.
The Germantown Village Board on Feb. 17 voted to direct staff to close on three parcels at the southeast corner of Mequon and Pilgrim roads and to pursue steps toward creating a tax increment financing district to support a proposed Village Center redevelopment.
The decision follows months of public workshops and a series of consultant presentations. Community Development Director Jeff Ratzlaff told the board the project is intended to “guide and kick‑start redevelopment of an outdated area within the Village Center district” and to implement the recommendations of Germantown’s 2050 comprehensive plan.
Consultants described a phased master plan that centers a market‑style public plaza at the Mequon‑Pilgrim gateway, with higher‑density multifamily housing to generate a customer base for ground‑floor retail and restaurants. Bailey Copeland of Copeland Companies said the plan aims to “create a welcoming gateway to Germantown” and Rinca planner Eric summarized planning principles emphasizing an “amenity‑rich public realm,” a mix of uses and economic viability.
Phil Kossen of municipal financial advisor Ehlers explained tax‑increment financing…
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