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Fayette property: What is it?

September 13, 2021 Comments Off on Fayette property: What is it? By admin

A Fayette County real estate developer is planning to put a parking lot on a private property in downtown Fayette and sell the land for an additional $1 million.

The property is at 6201 Broadway, which is a short walk from the Fayette Police Department.

Fayette Property Group plans to sell the property to developers who would turn it into a mixed-use project that includes office, retail and apartments, said Jim Gattis, owner of Fayette Property and Associates.

He said he expects to sell it in late summer, when the real estate market is booming.

Gattis said his company, which has a partnership with the Foothills District Development Corporation, is working with the city to develop the project.

He said the Fond du Lac area is very active in the downtown, and the property is within walking distance of Fond Du Lac University, a community college in Fond-Du-Lac, and another community college, he said.

The developers plan to build two large parking lots on the property, which Gatti said would be connected by an underground tunnel to the city’s parking garage.

He described the property as being in an area where people walk to the movies, to restaurants and to get a quick meal.

He plans to have the lot surrounded by landscaping, and he expects it will include a lot of green space.

The project has been in the works for about a year, and Gattias said he hopes to open it by the end of the year.

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