The Oconomowoc Plan Commission will vote Wednesday night on proposed changes to the general development plan for the Pabst Farm Town Centre that will allow it to be built in phases.
The proposal also eliminates a pond that was to have been built on the 160-acre property and surrounded by five restaurants and reduces the nearly 2-million-square-feet of floor space by 40,294-square-feet, said City Planner Jason Gallo.
The number of lots that will be sold and developed separately was reduced from 11 to 10, he said.
Gallo said a public hearing on the changes will be held at 7:25 p.m. Wednesday and will be followed by a vote of the commission. The Common Council is scheduled to vote on the changes Oct. 19.
Pabst Farms Retail Inc. and Developer’s Diversified Realty are the developers of the project. Spokesman Thad Nation said the changes have been in the works for months.
“Our goal is to have all the city approvals in place so we will be ready to act when retailers are ready,” Nation said.
— Marie Rohde