CONTRACTPENDING

Elkhorn OKs $15.9M Development Incentive for Neumann Group

Disclosed value: $15,914,704; From agenda
Document date: May 19, 2025
Term: 20 years

What it covers

Development Incentive term sheet for the Sugar Creek Ridge Homes Subdivision. It consists of $15,914,704 development incentive which is close to the projected incentive from the approved Project Plan when Council approved creating Tax Incremental District No. 5. Developer would receive 75% of the increment created. Increment will be allocated across 6 phases.

Who holds it

Neumann Development holds this development agreement contract with Town of Elkhorn. Its other public contracts on record include work for Union Grove village and City of Elkhorn.

What happens next

Term as filed: 20 years.

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Contract details

Contract type: Development Agreement
Amount: $15,914,704
Document date: May 19, 2025
Term: 20 years
Vendor: Neumann Development
Agency: Town of Elkhorn
Source document: city-of-elkhorn-common-council-agenda-new-business-major-development-may-19-2025_bc0.pdf (Agenda)

Neumann Development's other public contracts

Union Grove village, WisconsinNeumann Development Listed in Union Grove TID Report · Oct 5, 2026$936 City of Elkhorn, WisconsinElkhorn Approves $15.9 Million Neumann Development Incentive · Sep 17, 2026 Cottage Grove village, WisconsinNeumann Development Seeks Final Plat Approval · Jul 20, 2026Undisclosed Cottage Grove village, WisconsinJuniper Fields Annexation And Development Actions · Jul 20, 2026Undisclosed City of Oconomowoc, WisconsinStormwater Basins Transferred to PFJSD · Jun 24, 2026Undisclosed All Neumann Development contractsVendor profile

More Town of Elkhorn contracts

Scr ElkhornSCR ELKHORN LLC approved for Phase 1 Final Plat of Sugar Creek Ridge · Dec 15, 2025Undisclosed NAExtraterritorial platting Certified Survey Map approved for parcel division · Dec 15, 2025Undisclosed Kimberton Healthcare ConsultingKimberton Healthcare Consulting approved for dialysis consulting services · Dec 15, 2025Undisclosed Prairie States EnterprisesPrairie States Enterprises, Inc. Business Associate Agreement approved · Dec 15, 2025Undisclosed Quarles & BradyQuarles & Brady LLP proposed bond counsel engagement · Dec 15, 2025$41.3K All Town of Elkhorn activityAgency profile

Questions about this contract

Who was awarded the development agreement contract by Town of Elkhorn?

Neumann Development was awarded this development agreement contract by Town of Elkhorn, as recorded on May 19, 2025. The contract value is $15,914,704.

How much is the Neumann Development contract with Town of Elkhorn worth?

The Neumann Development contract with Town of Elkhorn is valued at $15,914,704, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-elkhorn-common-council-agenda-new-business-major-development-may-19-2025_bc0.pdf (Agenda), dated May 19, 2025 from Town of Elkhorn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Neumann Development hold?

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

What is Town of Elkhorn currently buying?

Explore Town of Elkhorn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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