Charting a New Path for the Region's Economic Future
The Greater Wausau Prosperity Partnership Ltd. (GWPP) is an example of a collective group of business and community leaders committed to developing a stronger, more competitive economic development platform for our community. The GWPP’s purpose is to assist in an inclusive manner in the implementation and execution of the Greater Wausau Region Economic Development Strategic Plan, a framework developed to address the region’s declining population trends and workforce challenges, and centers around three strategic goals:
GOAL 1): TALENT - Attract Skilled Workers and Talented Individuals.
GOAL 2): INNOVATIVE COMPANIES - Nurture, Grow, & Attract / Retain Technology-Enabled Companies.
GOAL 3): PLACEMAKING - Develop Quality Places and Amenities to Attract the Best and Brightest.
The Key Initiatives of 2024
GWPP believes that placemaking efforts are key aspects of the Greater Wausau Region Economic Development Strategic Plan and approach for economic vitality. Placemaking strategies consider the role of amenities both for residents and tourists. Creating quality places are an essential ingredient for attracting and retaining talent and companies. Maximizing the opportunities associated with the region’s multitude of natural outdoor recreational assets and accelerating the pace of urban development along the Wisconsin River and throughout the downtown are important aspects of this goal.
Addressing workforce challenges and opportunities are an integral part of any talent attraction strategy. Accordingly, GWPP plans to continue to support local efforts to address talent issues holistically and will work with area employers and education partners to encourage supply chain innovation and upstream technology development driven by the region’s existing industries.
Wausau Center Development Plan Updates
- Second Street extension in downtown Wausau from Forest and Second Streets was completed in time for the opening of the Children's Imaginarium.
- Children's Imaginarium, Wausau's largest children's STEM museum, now open to the public.
Latest News & Developments
Downtown Wausau Is Awakening to a New Era of Community-Driven Commerce and Culture
With the sounds of construction rumbling at Foundry on 3rd, downtown Wausau is awakening to a new era of community-driven commerce, where local businesses unite …Continue ReadingBuilding Community: Local Contractors Dig into the New Development
Local contractors are playing a vital role in developing the Foundry on 3rd. This modern apartment building is a cornerstone of a comprehensive, multi-phase plan …Continue ReadingWausau Opportunity Zone Donates Artwork to Enhance City Landscape
Amid a busy construction zone, two towering steel sculptures emerged in downtown Wausau on Tuesday. Created by the visionary artist David Hummer, these artistic works …Continue ReadingBuilding Momentum: Project Managers Guide Progress and Assist Contractors as Foundry on 3rd Sets Foundation
Downtown Wausau’s upcoming Foundry on 3rd housing and commercial building is taking shape with foundational work planned for the upcoming months. If the schedule holds, …Continue ReadingTraffic Update: Parking Changes on Washington Street Pave the Way for a More Accessible Downtown
The transformation of Washington Street is underway. Starting the week of August 5, the angled parking spots on Washington Street, between Third and Fourth Streets, …Continue ReadingFoundry on 3rd Construction Begins
Foundry on 3rd Construction Bringing New Housing and Retail Opportunities to Downtown Wausau After nearly five years of meticulous planning and overcoming challenges, including a …Continue Reading
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