The East side of STH 36 will soon look a lot different in the Village of Waterford. The Village Board approved a contract for $3.2 million from Reeseman’s Excavating & Grading LLC of Burlington for grading and infrastructure improvements of the Mercury Business Park. The Fifty-Four acres site was purchased in 2019 for $1.3 million with funds from TID 3. Work to be done includes tree removal, mass grading for the entire site, constructing all site storm water management facilities, water main, sanitary sewer, internal roadways, and DOTrequired improvements to Highway 36.
The development on this site is another milestone in fulfilling the Vision Water 2018 Master Plan. In the plan, a need was called out for more sites for current and future business in the Village to grow and expand. With the existing industrial park on CTY W at capacity, a need for another site was evident. The vacant land outside of the Village right along the main highway seemed like a perfect spot.
Three projects are already slated for the site. The Overland Group is developing a Dollar General, which will provide Village residents and those from surrounding communities another convenient option for shopping for household, pantry and other items.
Tezlaff Storage LLC will fill the need for more self-storage units in the area. Rounding out the first of the 3 development projects is Performance Marine of Burlington who is looking to have showroom and retail space, as well as shop space. These projects are valued at $900,000, $1,500,000 and $1,400,000 respectively.
Groundbreaking for Reeseman’s Excavating & Grading LLC on the site improvement is scheduled for September 22nd at 2:00 pm.
