Greater Wausau > Downtown Wausau Refresh

Check Out the Refreshing Changes to Downtown Wausau

Check Out the Refreshing Changes to Downtown Wausau

Stylish City Living Coming Soon

FOUNDRY ON 3RD | A MODERN FIVE STORY COMPLEX WITH ONE-, TWO- AND THREE-BEDROOM APARTMENTS AND RETAIL SHOPS LOCATED IN VIBRANT DOWNTOWN WAUSAU.

The highly anticipated Foundry on 3rd is on track to open in late 2025. This modern mixed-use development includes 152 apartments and ten commercial spaces on the ground floor. A convenient skywalk will connect the building to the parking ramp at Forest and Fifth Streets.

Designed for residents who prioritize urban living, the Foundry on 3rd will offer quality amenities. Residents can unwind in the courtyard with neighbors, gathering around fire pits, grills and cozy cabanas. As evening falls, the bar pavilion will come alive with camaraderie. The development will also feature game and club rooms, coworking offices, a state-of-the-art fitness center and electric vehicle charging stations, ensuring a vibrant and accommodating living experience.

The Foundry on 3rd is now accepting applications for leasing commercial space. For more information, contact Nick Patterson of T. Wall Enterprises at 608-220-8940 or Nick@twallenterprises.com.

The Neighborhood

Downtown Wausau offers a captivating blend of history and culture with a theater, art galleries and museums. Specialty shops and inviting restaurants line the charming pedestrian-friendly streets in a lively atmosphere that inspires exploration. Scenic views of Rib Mountain and nearby waterfront parks are all within walking distance of the Foundry on 3rd.

The Key Initiatives

Wausau Opportunity Zone (WOZ) collaborates with local governments, businesses and community organizations to enhance the quality of life in the greater Wausau region. Their current focus is on Foundry on 3rd with developer T. Wall Enterprises and general contractor Stevens Construction Corp., both headquartered in Wisconsin.

Other exciting developments in downtown Wausau include the opening of Children’s Imaginarium in 2023, Aspirus Family Physicians in 2022 and Woodson YMCA with major renovations in 2019. Meanwhile, the award-winning Wausau River District has evolved as a popular destination for entertainment, arts, business and residential.

Development Updates

  • Three floors are framed on the south half of the Foundry on 3rd as the fourth floor is underway. It takes approximately two weeks to construct a floor so the fifth floor on the south half should start mid-November.
  • The first floor is framed on the north half of the building. The second floor started the last week of October followed by the third floor in mid-November.
  • The concrete columns and footings supporting the skywalk bridge have been installed. They await structural steel components, which will arrive in November, to start connecting the Foundry building and the parking ramp.
  • Windows and doors will start arriving in early November.
  • For updates on the construction progress, check out the posts under Latest News & Developments.
  • Two Minute Drill video on the development updates - Watch this video series in which Dave Eckmann, President/CEO of the Greater Wausau Chamber of Commerce, shares a brief update on the redevelopment of the Wausau Center Mall property in downtown Wausau.

Latest News & Developments

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Partners

We want to thank our community partners and Downtown Wausau businesses for coming together to refresh the downtown. Click below to learn more about our partners and any upcoming event schedules from Wausau Events, Wausau River District and The Grand Theater.