700 Grand Avenue Development Agreement With Commonwealth Development
City of WausauCity · Wausau, WI- Disclosed value
- Up to $1,900,000; $1,710,000 payable upon Project Completion and $190,000 following Permanent Financing Closing
- From agendapacket
- Document date
- Sep 22, 2026
- Renews
- Free account
The 30-second brief
The City of Wausau entered into a Development Agreement with Commonwealth Development Corporation for the redevelopment of 700 Grand Avenue. The agreement provides up to $1.9 million in tax increment grant funding, with project completion achieved ahead of the December 31, 2026 deadline.
Commonwealth Development Corporation holds this contract with City of Wausau. Its other public contracts on record include work for City of Philomath and City of Stevens Point.
The renewal date is on record. A free account shows it, with the renewals for every City of Wausau contract.
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Contract details
- Amount
- Up to $1,900,000; $1,710,000 payable upon Project Completion and $190,000 following Permanent Financing Closing
- Document date
- September 22, 2026
- Term
- Entered March 26, 2025; Project Completion deadline December 31, 2026
- Renews
- Free account
- Agency
- City of Wausau
- Source document
- City of Wausau AgendaPacket Finance Committee Meeting 2026-09-22 (AgendaPacket)
Commonwealth Development Corporation's other public contracts
More City of Wausau contracts
Questions about this contract
Who was awarded the government contract by City of Wausau?
Commonwealth Development Corporation was awarded this government contract by City of Wausau, as recorded on September 22, 2026. The contract value is Up to $1,900,000; $1,710,000 payable upon Project Completion and $190,000 following Permanent Financing Closing.
How much is the Commonwealth Development Corporation contract with City of Wausau worth?
The Commonwealth Development Corporation contract with City of Wausau is valued at Up to $1,900,000; $1,710,000 payable upon Project Completion and $190,000 following Permanent Financing Closing.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Wausau AgendaPacket Finance Committee Meeting 2026-09-22 (AgendaPacket), dated September 22, 2026 from City of Wausau. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Commonwealth Development Corporation hold?
Commonwealth Development Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Wausau currently buying?
Explore City of Wausau's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.