Housing developments move to council for approval - WAOW - Newsline 9, Wausau News, Weather, Sports

Housing developments move to council for approval

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STEVENS POINT, Wis. (WAOW) -

Stevens Point is moving forward with a major development project on the cities north side.

Quickly after the announcement of Kmart's closing, a developer contacted the city with a proposal to construct new housing developments for both college students and community members.

The developers presented a rendering of the project that showed two buildings that are four stories high and include 133 units. 

Stevens Point mayor Mike Wiza said the project will help the process of revamping the north side of Division Street along with the new Sentry building that is in the works.

"It was very fortunate that the property owner had the foresight to have this tee-up as an idea which allows us to move ahead rather quickly," Wiza said.

Wiza and Alderperson Meleesa Johnson both said they're optimistic the plan will be fully approved by the common council.

The price of the project is not set, but Mayor Mike Wiza said the city is looking at around $20 million.

The project developers have also constructed buildings for UW-Milwaukee and in the Fox Valley.

Common Council members will meet next week to vote on the project.

If approved construction could begin this summer and by fall of 2019 it could start taking in tenants.

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