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Wausau council approves Waterside Place development agreement after parking dispute
Summary
On March 24, 2026, the Wausau Common Council approved a joint resolution authorizing a development agreement and an amended and restated parking agreement with Lehi Scott Street LLC for the Waterside Place project at 11 Scott Street, after debate about a reduced parking commitment and long-term TID timing. Vote: 6–3.
The Wausau Common Council on March 24 approved a development agreement and an amended and restated parking agreement with Lehi Scott Street LLC for the Waterside Place project at 11 Scott Street, moving forward a plan to rehabilitate a vacant 100,000-square-foot building into market-rate residential units.
Alder Rasmussen told colleagues the project would return the property to taxable status, reclaim parking spaces in the Jefferson Ramp for public use and add “missing-middle” housing downtown, saying it will “add some vibrancy to downtown” and help replace lost daytime office workers with residents. The council moved the item up on the agenda and voted to approve the measure 6–3.
Developers and staff described the scale and fiscal effects of…
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