Greenfield - Nationally known retailers Ross Dress for Less, ULTA Beauty and Oshkosh B’Gosh are among the new stores and businesses that were announced as coming to 84South, a complex of stores, restaurants, offices and apartments/condominiums under construction in Greenfield.

Community and business leaders gathered Monday at the 84South development site along Layton Avenue between 84th and 92nd streets to formally celebrate completion of more than $12 million in infrastructure improvements and the official announcement of several new stores and businesses coming to 84South.

Also announced was that the project is now expected to eventually add $165 million to the Greenfield tax base. That is tens of thousands more than the $115 million originally predicted.

Also new

Also among the retailers announced Monday are Total Wine, Kirklands home decor and gift store, Carter’s baby and children's apparel and Five Below, a store that sells items for no more than $5.

Retailers already announced as coming to the shopping center are Steinhafels, which will relocate later next year from its current location at 84th and Layton, the popular Portillo's Hot Dogs that sells much more than dogs, and the Fresh Thyme Farmers Market. These retailers are expected to open next summer.

Developer Cobalt Partners anticipates being able to announce several additional tenants within the next 60 days. One of them may be the health and fitness center Cobalt wants to add west of the future Steinhafels.

The development will include a mix of nationally branded anchors along with highly regarded local brands configured around green spaces and pedestrian connections meant to encourage a sense of community and vibrancy.

600 jobs

"When complete, we expect 84South to include more than 530,000 square feet of commercial space, add more than $165 million to the city’s tax base, and create more than 600 new jobs,” said Scott Yauck, Cobalt Partners president and CEO in a news release. “This project serves as an outstanding example of what a public-private approach to redevelopment can accomplish and stimulate through imagination, execution and teamwork.”

Construction of three new buildings totaling more than $35 million in development value has started and is expected to be completed by mid-2017.

Greenfield Mayor Michael Neitzke said in a news release, “We fully expect that 84South will become a preferred destination within the southwest suburban marketplace and serve as a catalyst for additional new development in the region.”

This is deemed to be the largest private development in Greenfield.

Preparation of the 48-acre site is nearly complete. Work included installing a massive underground storm water management system to handle such higher-density development.

84South will feature more than 530,000 square feet of commercial space, including more than 315,000 square feet of retail shops and restaurants, 150,000 square feet of class A office, state-of-the-art fitness facilities, and 360 high-end residential units. Whether those units will be apartments or condos has not been announced.

First phase

The project’s first phase will be the two retail buildings along Interstate 894. Steinhafels will be in one while the other building, known as mid box east, will be 114,000 square feet and be able to accommodate eight retailers.

The western part of the site will be for apartments or condominiums in buildings four stories tall. The common council two weeks ago gave its approval for the first two buildings to hold a total of 170 units. Eventually, two more apartment/condo buildings are planned, each with 95 units, bringing the total to 360 residential units.

84South will pay tribute to its roots in the names of the streets that go through it. The main east-west thoroughfare will be Sura Lane, named after the farm family who lived on a portion of the site. Also, the two main entrances off Layton Avenue will each to be named after sports teams from the two high schools within Greenfield's borders. One will be named for the Greenfield Hawks and the other for the Whitnall High School Falcons. Former Greenfield School Board president Bruce Bailey who is now a Greenfield alderman suggested that.

"They needed two names and we have two schools in the city," Bailey said.

Read or Share this story: http://www.greenfield-westallisnow.com/story/news/local/greenfield/2016/11/01/more-stores-announced-84south-bigger-tax-boost/93048860/