WAUSAU, WI (WSAU-WAOW) The group of non-profits that now own the Wausau Center Mall presented their early plans to redevelop the property. Wausau Economic Development and Finance committees will meet Tuesday evening to take possible action on the plans for the Wausau Center Mall. "The redevelopment of the mall property is critical to the success of Wausau… Wausau Opportunity Zone, Inc., or WOZ, in February purchased the financially troubled Wausau Center mall from Rialto Capital Management. WAUSAU, WI (WSAU) — After a lengthy closed session, the Wausau City Council has approved/denied the redevelopment plan and non-binding term sheet for Wausau Opportunity Zone’s proposed takeover of the Center Mall. The move is another step towards allowing WOZ to take over the declining property. The Wausau City Council on Tuesday will discuss in closed session a proposal to spend $4.7 million to help fund demolition and redevelopment of the Wausau Center mall. The Wausau Opportunity Zone, Inc (WOZ) is launching a webpage about the project, including background on the organization, plans, videos and images related to the development. The plan was presented by WOZ Managing Director Chuck Ghidorzi, who laid out the framework of the 4-5 year redevelopment plan at Wausau Economic and Development … The Wausau City Council in October 2019 approved a proposal by Wausau Opportunity Zone, Inc. to purchase the mall with $1.6 million … For more information on WOZ Inc or the Wausau Center Mall Redevelopment Project, please contact Chuck Ghidorzi, Managing Director, at 715-845-7282. Website launched detailing Wausau Center Mall redevelopment plans . October 30, 2020 9:37 am Sierra Rehm Top Stories, Wisconsin News. Stay Connected If you are ready to begin a new adventure in the Greater Wausau Region, subscribe to an e-newsletter that will highlight new career opportunities, events, … WAUSAU, WI (WSAU) — A revised development agreement for the Wausau Center Mall has passed one city committee. A plan by Wausau Opportunity Zone to redevelop the mall could see the mall close in 2021, with the first redevelopment to follow. City officials this week will consider a proposal to increase taxpayer investment in the Wausau Center mall demolition and redevelopment by about $2 million. Wednesday evening Wausau’s Economic Development Committee discussed some amendments to the Development Agreement with Wausau Opportunity Zone (WOZ) for the redevelopment of the Wausau Center Mall. Wednesday evening Wausau’s Economic Development Committee discussed some amendments to the Development Agreement with Wausau Opportunity Zone (WOZ) for the redevelopment of the Wausau Center Mall. WAUSAU, WI (WSAU-WAOW) – A new web site provides details and pictures of the plans to redevelop the Wausau Center Mall property. WAUSAU, Wis. (WAOW) -- The Wausau Opportunity Zone (WOZ) presented the early plans for the Wausau Center Mall redevelopment project to the Finance and Economic Development committees on Tuesday.