WAUSAU, Wis. (WSAU) - The City of Wausau is a little closer to a new riverfront development downtown. The Economic Development Committee approved purchasing the 1010 North First Street property for $750,000. That’s just one step in the process. The issue will next go to the Finance Committee this coming Tuesday before the City Council takes up the question in mid August.
Wausau has already received federal Brownfield grants totalling $400,000 to remove contamination from the 4.1 acre First Street site. City leaders are talking to prospective developers that may wish to build on the river front’s nearly 22 acres.