Mequon officials offer 13 acres of land for $1 to attract residential, retail development

MEQUON -- More than 13 acres of land in Mequon could be yours for just $1.

But there's a catch.

City officials are hoping the low price could expedite the process of having shovels in the ground by spring for a new development that could be worth more than $25 million.

The low price for the land, near the intersection of Cedarburg Road and Mequon Road is intended to move the project along quickly.

Responses for the land will be vetted by the city and a developer with the ultimate goal of the area to be turned into a town center style location.

The deadline for buyers is September 18th.

CLICK HERE for more on this story via the Milwaukee Business Journal.