Foundry on 3rd development agreement completion extended

The Economic Development Committee approved a second amendment to the Development Agreement with Foundry on 3rd Ph 1, LLC, extending the project completion deadline from November 1, 2025 to December 31, 2025. The change recognizes construction delays while still aiming to meet the next tax assessment cycle.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Completion date extended from November 1, 2025 to December 31, 2025 (8.5-week extension)

Renewal date

2025-12-31

Renewal

Second amendment to the Development Agreement extends the completion deadline to December 31, 2025; future extensions were indicated as unlikely by at least one committee member.

Document type

Agenda

Source document

Economic Development Committee Meeting Agenda

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AMENDED

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AMENDED

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Wausau?

Foundry on 3rd Ph 1 Llc was awarded this government contract by City of Wausau, as recorded on August 5, 2025.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Economic Development Committee Meeting Agenda (Agenda), dated August 5, 2025 from City of Wausau. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Foundry on 3rd Ph 1 Llc hold?

Foundry on 3rd Ph 1 Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Foundry on 3rd Ph 1 Llc's profile

What is City of Wausau currently buying?

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Foundry on 3rd development agreement completion extended

Scope & details

Related contracts

Frequently asked questions

Who was awarded the government contract by City of Wausau?

What type of contract is this?

Where was this contract approved?

What other contracts does Foundry on 3rd Ph 1 Llc hold?

What is City of Wausau currently buying?

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