Sheboygan school district may sell land to Froedtert for $3 million

SHEBOYGAN – In January, three developers submitted proposals to buy land owned by the Sheboygan Area School District.

This month, the SASD board authorized school administrators to pursue the $3 million sales offer from Froedtert Health and Medical College of Wisconsin, a nonprofit organization.

The 25-acre property between Saemann Avenue, Geele Avenue and North Taylor Drive, across from the Field of Dreams sports fields, is currently vacant.

Froedtert proposed building a comprehensive hospital and senior housing on the land.

Froedtert’s development would include memory care and create an estimated 300 jobs

The purchase price and clarity of the proposal made Froedtert’s offer stand out, said school board President David Gallianetti.

North Taylor Development, LLC, offered to buy the school district property for $1.6 million to build senior living facilities, and Continental Properties Company, Inc., offered to buy it for $500,000 to build multifamily apartments.

Froedtert and the Medical College of Wisconsin offered the highest price for the land, which had been appraised at $3 million, Gallianetti said.

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