The Forest County Potawatomi Community expanded its Kenosha County development efforts by acquiring 128 acres in the LakeView Corporate Park.
The $12.2 million purchase closing this week gives the Potawatomi land to develop industrial or office buildings in the future. Counting that deal, the Potawatomi own about 391 acres for development in Kenosha County, representing about $30 million in investment already. That includes 240 acres at the former Dairyland Greyhound Park in Kenosha, where infrastructure construction is to start this year for a business park.
“The Potawatomi have called Kenosha home for hundreds of years,” said Forest County Potawatomi Chairman James Crawford. “This most recent property acquisition highlights our ongoing and long-term commitment to Kenosha.”
The Potawatomi worked with Milwaukee developer Zilber Property Group for the purchase at LakeView Corporate Park in Pleasant Prairie.
The two also partnered on the Dairyland site redevelopment. Called Greeneway, the mixed-use Greeneway plan also includes apartments, offices and commercial buildings between the highway and the planned business park.
The LakeView land is across five different sites, including the largest at 88th Avenue and 122nd Street.
Global real estate firm EQT Exeter sold the land to the Potawatomi. Exeter owns hundreds of acres and several buildings in the LakeView Corporate Park through acquisitions in 2022 and this year.
Beyond the sites in LakeView and the Greeneway project, the Potawatomi’s third Kenosha County property has 23 acres at Highway K and 128th Avenue. That is on the opposite side of Interstate 94 from Greeneway.
Read more at the Miwaukee Business Journal.