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The original item was published from 10/14/2011 2:11:00 PM to 10/21/2011 12:05:02 AM.

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City of Stevens Point News

Posted on: October 14, 2011

[ARCHIVED] City Takes Final Control of CenterPoint MarketPlace

Mayor Halverson has announced the finalization of City control of the CenterPoint MarketPlace via condemnation authority granted to the City under State Law.

On October 14, Mayor Halverson announced the finalization of City control of the CenterPoint MarketPlace. After years of good faith efforts to try and find financially appropriate redevelopment alternatives for the MarketPlace, today the City has taken control of the property via condemnation authority granted to the City under State Law. This will allow our community to finally move forward with the greatest redevelopment opportunity in the City’s history, moving Midstate Technical College downtown.

"As Chairperson of the City’s Community Development Authority, I feel this process of control now being past to us for the vast majority of the mall, over 186,000 square feet, means this community together can turn a chapter in the proverbial novel that is this building. This building has been one of the most controversial aspects of community conversation over the last 30 years and today a great deal of that concern can go away. That the voters of this City stood by us and our plans to bring Midstate Technical College downtown by passing a referendum for the funds to carry out this project. That the most difficult part of the process, was finished today," the Mayor said.

"I would like to thank the voters of Stevens Point for their support of this idea, as they, the voters, were the reason we were able to move so many steps forward towards revitalization today. We will still have to go to court to decide final values for compensation to the former owners, but that will be done objectively through a court of law, protecting the rights of the former property owner, as well as the rights of the citizens of Stevens Point."

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