Redevelopment of former 14-acre Fox Run Shopping Center consisting of a new micro-hospital, financial institution, retail, and 72 multi-family unit apartments.
Site acquisition and research
Joint venture partnerships
Real estate brokerage
Project due diligence
Project team assembly
Entitlement and government approvals
TIF (Tax Incremental Financing)
Fox Run, a redevelopment site in Waukesha, was the former home of a dry cleaner. When the developer, VJS, and an environmental consultant started their site investigation, it was challenging to understand the full magnitude and spread of the environmental contaminant due to an existing basement foundation and limited ability to conduct testing until the current building was demolished. The VJS Team worked closely with the environmental consultant and their subcontractors to help budget the remediation costs and the remedial action plan with limited information. The team worked with the local municipality and Tax Increment Financing (TIF) to assist with the cleanup.