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Developers present Paps Farms master plan; council asks for more detail on housing mix and TIF
Summary
Developers presented a master plan for the Pabst/Paffs Farms mixed‑use development in Oconomowoc, proposing roughly 700+ housing units across jurisdictions, a 10,000 sq ft senior center, and ~440,000 sq ft of retail. Council members pressed for ownership options, limits tied to the city’s housing‑type ratio, and clarity on potential TIF requests.
Developers with Cobalt Partners and representatives of the Pabst/Paffs Farms project presented a conceptual master plan to the City of Oconomowoc Committee of the Whole on Dec. 2, describing a mixed‑use village with retail frontage, multiple housing types and a proposed community campus that would include a roughly 10,000‑square‑foot senior center. Scott Yauch of Cobalt Partners said the team has delivered market analysis and will submit a master plan, then a financial model and implementation timeline if the council provides direction.
Why it matters: the plan would add roughly 700 housing units across Oconomowoc and the neighboring Village of Summit (staff counted about 372 units inside Oconomowoc). That addition would change the city’s housing mix enough to push multifamily above…
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