Civic IQ
CONSTRUCTIONPENDING

Shorewood Advances Talks on Spoerl Affordable Housing Deal

The Village of Shorewood Board authorized staff to negotiate a development agreement with Spoerl Commercial LLC for an affordable housing project at 4448-4450 N. Oakland Avenue, based on a Phase II application requesting $1.6 million in public assistance. The agreement will be contingent on WHEDA and other financing awards and will require the developer to construct the project for public benefit, replacing an existing public parking lot with a 19‑unit affordable building.

Document date · March 16, 2026

Issuing agencyShorewood villageVendorSpoerl Commercial Llc

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1.6 million
Contract type
CONSTRUCTION
Contract term
Minimum 30-year affordability commitment referenced for project units (WHEDA financing term)
Renewal
Initial development agreement to be negotiated; public assistance contingent upon WHEDA and other financing awards and execution of the agreement. Affordability period anticipated at a minimum of 30 years under WHEDA requirements.
Document type
Minutes
Source document
Village of Shorewood Meeting Minutes March 16, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Shorewood village?

Spoerl Commercial Llc was awarded this construction contract by Shorewood village, as recorded on March 16, 2026. The contract value is $1.6 million.

How much is the Spoerl Commercial Llc contract with Shorewood village worth?

The Spoerl Commercial Llc contract with Shorewood village is valued at $1.6 million, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Village of Shorewood Meeting Minutes March 16, 2026 (Minutes), dated March 16, 2026 from Shorewood village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spoerl Commercial Llc hold?

Spoerl Commercial Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Spoerl Commercial Llc's profile

What is Shorewood village currently buying?

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