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Poised for growth: Prairie Lakes developers still dreaming big in Sun Prairie

(page 3 of 3)

“We’re seeing a lot more activity than we have previously,” said Fedler. “I don’t think it will ever be the same level of activity or growth that we saw in ’05, ’06, ’07, however if it can maintain like this, I would say we’re looking at four to six years [before completion], and maybe it will happen. It just depends. If we can get another great anchor and the movie theater builds, wow, that all of a sudden changes the Shoppes at Prairie Lakes really quickly.”

Fedler says that interest in the development has picked up in particular in the last half-year, coinciding with a slate of economic indicators that show real estate may have finally bottomed out.

“We’ve seen a lot of improvement really in the last six months as far as level of interest in people looking to do deals,” said Fedler. “I think that’s going to continue simply because I believe there’s so much money that’s been parked over the years and not allocated or not deployed because people are waiting to see what’s going to happen, and who knows what’s going to happen and when? However, I think you have a time now where they’re not going to wait anymore, where they’re saying, ‘We have some capital and we need to deploy it. Otherwise it’s going to sit in the bank at a quarter percent, so let’s do some things.’” 

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Old to new | New to old
Apr 2, 2013 11:41 am
 Posted by  Anonymous

Perhaps we should focus on raising the much needed funds to be able to build the Sun Prairie Ice Rink for the Sun Prairie Hockey players and Figure Skating instead of a shopping center. This has been in the works for years and are still $700,000 short of the goal!
If you have money to invest, the ICE RINK would be a great place to start!

Jun 18, 2013 07:15 am
 Posted by  Anonymous

I would love to see a Cost Plus World Market move into this area!

Jun 25, 2013 06:21 am
 Posted by  Anonymous

Anything besides a bank, credit union, dentist, eye care would be highly beneficial to this new area. How about a decent restaurant in Sun Prairie? Or a nice bar with great food..aka much like Alchemy. Draw the foot traffic!

Jul 2, 2013 01:04 pm
 Posted by  Anonymous

Still waiting for the new Marcus Theatre to get build after 3+ years of waiting. But overall love the direction this area is going. Hoping a really nice resturant comes to the area along with a Fleet Feet or something along those lines. Tons of running and biking trails in Sun Prairie so would love to see Fleet Feet expand to the east side.

Aug 26, 2013 12:59 pm
 Posted by  Anonymous

We need upscale dining options, not fast food. Although I'm excited about which wich.....Something Madison doesn't have like Cheesecake Factory, Buca, or a steakhouse perhaps which is hard to find on the east side.

Oct 3, 2014 09:16 am
 Posted by  Anonymous

The Cheesecake Factory would actually bring people to Sun Prairie-I live there and that is the only reason I go to Sun Prairie. We have 1 nice restaurant with quality food - Buck & Honeys - give people a reason to go there. The Cheesecake Factory is a great restaurant-not just the deserts - the food is execellent. Filling Prairie Lakes with fast food isn't going to get shoppers from the south and west side of Madison over here. Put 1 thing in Sun Prairie that you can't get anywhere else in Madison and they will show up.

Oct 2, 2017 10:52 pm
 Posted by  TreeHugger

Totally agree with the comments about getting better restaurants in Sun Prairie! Too many junk and fast food restaurants. If I want a nice meal, I drive into Madison. Buck and Honey's is good, but getting too expensive for me. I still can't believe I have lived here in SP for 11 years and there still is no where to shop for professional clothes (Chico's or another one) or cool bars with outdoor seating and quality restaurants. Buca di Beppo should move here. They would do GREAT business as it is family oriented, same with Cheesecake Factory or what about a local, Italian or Greek restaurant that had healthy food choices. NO more chain fast food. Sun Prairie is really for families and not for single, middle-aged professionals wanting to meet other people. If you have young kids, this city is for you, if not, move to Middleton or Madison. I am seriously considering it as SP property taxes are outrageous! So is Madison and Middleton, but at least there are more things to do than in boring SP.

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