Developer buys lakefront land in Somers for possible multifamily development

A multifamily developer has purchased 5 acres of vacant land in the 700 block of Sheridan Road (Highway 32), along Lake Michigan in Somers, and has already met with village officials to present ideas for a multifamily development on the site.

A pair of limited liability companies registered to David Wallach, chief executive officer of Blue Paint Development LLC and Kenosha-based manufacturer Wally Walls, recently purchased five neighboring lakefront parcels on Highway 32, also known as Sheridan Road, between Seventh and Eighth streets. The land was sold for $975,000, according to state records...

   ...more



- - Volume: 7 - WEEK: 5 Date: 1/31/2019 11:18:35 AM -