By Kevin Boneske
Staff Writer
ASHWAUBENON – The village board approved an agreement Tuesday, Sept. 24, with Radue Homes to develop the former Schneider trucking site located east of the intersection of South Broadway and Hansen Road for residential use.
The development agreement is subject to legal or technical changes by the village attorney.
The Village of Ashwaubenon, which owns the two parcels that total 23.64 acres after purchasing the property for $1.25 million, put together an agreement in which Radue Homes will purchase the lots in the development from 2020-25.
The lots Radue Realty will pay for vary in cost under the agreement, ranging from $20,000 for the lowest-priced duplex and townhome lot to $450,000 for a waterfront condominium lot.
The remaining Lot 1 is listed for approximately $1.35 million. The agreement states the price is to be determined.
The agreement provides for the purchase of owner-occupied residential units that include 38 duplex units, 16 townhome units and five four-story condominium apartment buildings with 15-20 units each.
Village Manager Allison Swanson said the village will be responsible for road construction, utilities and mitigation of environmental issues in the development area, which will be known as Aldon Station, with the village’s costs being recovered from the sale of property.
“Once the lots are buildable, Ryan (Radue) will come through and buy lots from us at the schedule that’s outlined in the development agreement,” Swanson said.
The village has been working with the company to redevelop the site from a vacant semi-truck trailer yard into owner-occupied housing units that include duplexes, townhomes and apartment-style condominiums.
A planned unit development was previously approved for the site, which has also been rezoned from I-2 heavy industrial to R-2 two-family residential and R-3 multi-family residential.