Commonweal secures retailer that is interested in south side
Posted: February 24, 2017
Land that has been a sand mine for nine of the last 45 years could become the home of a new retail development off Interstate 94 on the far side of the City of Eau Claire. According to Commonweal Development President Stuart Schaefer, there is the possibility that a new retailer could adorn the south side of the city, however he cautions that it is still too early to validate the process.
"They have asked us that we not release the name of the company involved and since we do not have all of the permits, it is still premature to discuss the nature of the project. The main reason we are trying to move it at all is because that material is there and we would normally put in an application for site plan approval," said Schaefer, who added that one option would be to work with Eau Claire County to make the improvements necessary to Lowes Creek County Park.
"They did not reclaim the site properly and we're really excited about moving forward with this plan. We want to replace with we ll, but the possibility of making improvements to the park is pretty appealing as well," he said.
The retail business in question would pay $690,000 in annual property taxes and generate an estimated $210,000 in county sales taxes, according to Commonweal. The development site is currently owned by Mega Co-op, which had planned to put a new grocery store on the land. That plan did not materialize, and the Eau Claire-based company is exited the grocery business a year ago and shifted its focus entirely to convenience store activity.
About 800,000 yards of cubic sandy soil would first fill a clay pit at the park, which was dug in the 1980's and 1990's when the county needed the clay for an expansion of Seven Mile Creek Landfill in the Town of Seymour. Beyond filling that pit, Commonweal will replace the soil in accordance with plans the developer, park and user groups agree to. After that is done, Commonweal will add topsoil and plant trees. TBL