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City reports year‑to‑date valuations of $218 million; permits and development activity continue

City of Stevens Point Plan Commission · August 4, 2026
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Summary

City staff reported year‑to‑date property valuations of $218 million for 2026, continuing permit activity at single‑family and commercial sites and ongoing violation issues; commissioners accepted the monthly report.

City staff told the Plan Commission that year‑to‑date property valuation for 2026 stands at about $218 million, driven in part by a large north‑side remodel project, and that permits continue for single‑family and commercial work.

The planning director presented details of the community’s development activity: Forest Creek single‑family build‑out is continuing, several commercial permits (including 7 Brew and Bushman Storage) were issued, and typical seasonal violations such as bulk waste and tall grass were being handled. The director recounted prior annual valuations as context — roughly $47 million in 2023, $27 million in 2024 and about $38 million in 2025 — and said the city could be on track for a record year.

A commissioner asked whether the Century project sits in a tax increment financing (TIF) district; the director clarified that the Century building is not in a TIF, so its taxes would go to the general fund rather than to TIF district improvements. The commission voted to accept the monthly report and place it on file.