Investors take over stalled Kenosha County subdivision development

Woodhaven Meadows LLC, a group of Kenosha area investors, recently acquired the stalled Woodhaven Meadows subdivision development in the Kenosha County Town of Salem and plan to put 43 single family home sites on the market next year.

The project was started several years ago by Harvest Homes but then stalled and was taken back by Libertyville Bank & Trust Company after the owner of Harvest Homes died, said Kevin Deaton, a member of Woodhaven Meadows LLC.

Woodhaven Meadows LLC recently acquired the 225-acre site from Libertyville Bank & Trust for $965,000, according to state records. The site is located north of Wilmot Road, roughtly half-way between U.S. Highway 45 and state Highway 83.

Much of the infrastructure for the site has been installed including streets, sewers, curbs and gutters, Deaton said. But no homes have been built there yet.

Woodhaven Meadows LLC recently added some landscaping and next year will complete work on a park and walking trials, Deaton said. The property will have a large, heavily wooded nature preserve with three miles of walking trails, he said. The nature preserve will be owned by a homeowners association.

Next spring or summer Woodhaven Meadows LLC will put 43 lots, each about one acre, up for sale. There will be no master builder for the project, so the buyer of each lot will need to have their own builder.

Single family home development has picked up recently in Kenosha County, Deaton said.

“We’re seeing a lot of new construction activity,” he said. “There was an over supply of lots for a long time and a lot of troubled subdivisions. But there is now kind of a shortage of lots for people that want to come with their own builder.”

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