On Monday, July 18, the Pleasant Prairie Plan Commission gave favorable recommendations to the Village Board for a Master Conceptual Plan and Certified Survey Map (CSM) to redevelop a portion of the former We Energies Power Plant site. Neal Driscoll made the requests with DPML 95th Street, LLC (Dermody Properties). The CSM will subdivide the property at 8000 95th Street into three lots. The Master Conceptual Plan proposes redeveloping Lot 2 of the CSM into a 198-acre industrial park known as LogistiCenter.
Out of the three lots in the CSM, Wisconsin Electric Power Co. plans to retain Lot 1 and Lot 3. Lot 1 consists of 102 acres and over 1,700 feet of frontage on 95th Street. Lot 3 has around 100 acres and over 1,800 feet of frontage on Bain Station Road. Lot 2, with approximately 198 acres and over 600 feet of frontage on 95th Street, will be sold to Dermody Properties for industrial development. The existing utility substations will remain on Lots 1 and 3; in the future, there could be further industrial development planned for Lot 1.
The Master Conceptual Plan proposes constructing three industrial buildings on Lot 2, generally located north of 95th Street, between the Canadian Pacific Railway and Union Pacific Railway. The first facility will be approximately 550,000 square feet, the second around 620,000 square feet, and the final building about 1,116,000 square feet. Dermody Properties and its partners intend to own the real estate long-term, leasing the buildings to future tenants. Vertical building development will likely occur in two or three phases, dependent on market conditions.
In addition, Dermody Properties will be required to extend 80th Avenue from 95th Street into Lot 2, ending in a cul-de-sac. The extension will include public sanitary sewer, storm sewer, and water main. Other stormwater management facilities, including four stormwater basins will be constructed. Municipal water will be looped in from the north, along with a private road extending south from Bain Station Road, through Lot 3, and surrounding site developments to ensure alternative access for emergency services.
“The development of Lot 2 will provide opportunity for Class A industrial buildings similar to the adjacent structures in LakeView Corporate Park,” said Jean Werbie-Harris, Community Development Director. “The Master Conceptual Plan also proposes dedicating a 2-acre park to the Village at the northwest corner of 80th Avenue and 95th Street that the Village would use to illustrate the history and economic impact of We Energies on Pleasant Prairie.”