City Center

Potential City Acquisition

The City of Oshkosh is considering the acquisition and redevelopment of the City Center, the former downtown mall constructed in 1967 along the riverfront. Negotiations are in progress, and no decisions* have been made regarding the redevelopment plans for the site.

The City Center represents a once-in-a-generation opportunity to shape Oshkosh’s riverfront — a key City asset — and advance the goals of the Downtown Redevelopment Plan.

City Center Render - For Visualization Only

There are several reasons why the City of Oshkosh is considering acquiring this property:

*See possible meeting schedule in the Next Steps - Upcoming Meetings section below.

Click the sections below to learn more about the potential project, and find answers to some frequently asked questions.

Why Is the City Considering Acquiring This Property?

The City Center was identified as a major potential catalyst site in the Downtown Redevelopment Plan, based on its size (17 acres), location along the river, and the potential for mixed-use developments. Acquiring these properties would create an opportunity to advance key goals the community set as part of the downtown planning process.

There are many reasons why the City of Oshkosh is considering acquiring these properties:

While the businesses currently operating at City Center properties are valued and add to the vibrancy of our downtown, filling the vacant parcels on our riverfront will help the area reach its full potential. We anticipate that City acquisition, followed by creative deliberation and redevelopment, will position the City Center riverfront parcels as a major regional draw for downtown Oshkosh.

Potential uses of the City Center could include retail, housing, restaurants, office or civic spaces, public gathering spaces, and recreational amenities. Final uses will be shaped by community input, market demand, and planning studies.

This potential acquisition would build on other strategic investments the City has made in the downtown to help realize the goals of the Downtown Redevelopment Plan, such as:

Next Steps - Upcoming Meetings

We are anticipating that this potential project will be discussed at the following upcoming meetings. These discussions will likely be focused primarily on the potential acquisition, as that would be the first step, but the public is welcome to comment on the acquisition and any potential future use.

Timeline

Our community has been planning for how to more fully activate our downtown for more than 25 years, and public input has been sought throughout this planning process. Here is a brief timeline of some of that activity of the past, as well as planned activity going forward:

Opportunities for Public Input

The City is collecting feedback from the public on this potential project in a variety of ways. If Council approves the purchase of the property, the public will have additional opportunities to participate through future meetings and other engagement opportunities related to any proposed plans or redevelopment. Most, though not necessarily all, of those meetings would include an opportunity for public comment.

FAQs

Is this a done deal?

No. Over the last several months, Council has directed staff to continue working on evaluating the property and its potential. At the April 21, 2026 meeting, Council considered a resolution to direct staff to proceed with the acquisition of the City Center properties. Council amended the resolution to provide an upper limit to the purchase price - $12.5 million - and then laid the resolution over to the May 12th meeting so that the public would have an opportunity to weigh in on the resolution before final action.

The next step is that the resolution will be considered at the May 12th agenda. If approved, staff would draft a purchase agreement with the owners, which would then go to the Plan Commission for their review and recommendation. Staff anticipates that this would happen at their May 19th meeting.

Following the Plan Commission's recommendation, the purchase agreement would appear on the May 26th Council agenda for their final consideration. If approved, it would authorize the City Manager to submit the offer to purchase City Center.

If acquired, what would happen with the current tenants?

Current leases are in place and would be honored for the immediate future. If the City proceeds, any changes affecting tenants would include transparent communication and transition planning over time if necessary.

What due diligence has the City completed?

City staff has already completed some initial due diligence on the property. This includes completed appraisals, a Phase I environmental review, and a structural report. If the property is purchased, staff would move forward with a more detailed analysis to evaluate any additional issues or needs. This added review would help the City better understand the property and plan for next steps.

If acquired, what is planned for the site, and what will be the City's role?

Future uses for the site have not yet been determined. The redevelopment of the site will most likely take many steps over time, including an analysis of what needs in the community could be addressed by the development, the timing of the development in coordination with the Jackson Street Bridge, and what the total development could bring as a connection to the central downtown. City staff would be a part of the process and seek public input at multiple key points in the redevelopment process.

The city is exploring the purchase as a way to guide future redevelopment of a key downtown riverfront site. Public ownership would allow the community to shape the property’s long-term use, support economic growth and ensure the site aligns with planning goals. The vision is to create a mixed use, vibrant and publicly accessible riverfront district that strengthens downtown activity in partnership with private developers. Exact uses will be determined through public engagement, market feasibility, and planning.

The City and our partners, such as Greater Oshkosh Economic Development Corporation (GO-EDC), plan to work toward redevelopment that:

  • Creates a distinctive downtown destination that rivals, but does not replicate, nearby cities.
  • Connects Oshkosh's downtown with the riverfront through improved access, walkability, and visual cohesion.
  • Increases property value, to expand the tax base and catalyze reinvestment in adjacent opportunity sites.
  • Increases traffic to the site and surrounding area through a mix of uses and year-round activity.
  • Develops a mix of housing, commercial, and public spaces that attract residents and new business, supports existing businesses, and stimulates continued development throughout the downtown area.
  • Generates new employment opportunities by attracting a diverse range of employers, supporting small business growth, and creating jobs within the redeveloped space.

What would be the long term financial impact for taxpayers?

By purchasing the site, taxpayers have a unique opportunity to guide the redevelopment that happens in their own downtown. Downtown investment is good for taxpayers because it helps the City get more value from infrastructure it already has, located in the heart of the community (as opposed to developments on our community edges); it strengthens the tax base in a compact area; it promotes increased foot traffic downtown, particularly for visitors; and it supports local business activity. A strengthened tax base means the financial impact of City services are spread across a bigger pie. Increased local business activity means more jobs. Added housing means more people living and spending in our community.

There will be additional costs associated with the redevelopment of the site, however, additional due diligence and analysis will need to be completed before staff will be able to outline what and how much those costs might be.

How could this be paid for?

There are a number of potential financing options to assist with the redevelopment of the site including, but not limited to the following:

Grant Opportunities
  • Brownfield Grant (WEDC)
  • Idle Site Loan (WEDC)
  • Community Development Investment Grant (WEDC)
  • Nonstate Grant (WI DOA)
  • Potential support from state officials
  • Community Project Funding - US Federal Appropriations
  • Private fundraising
Other Funding Sources
  • Tax incremental financing (TIF)
  • State Trust Fund loans
  • Resale of property

As this project develops, staff would continue to look for additional financial options.

How would this benefit our community?

Downtowns are often the emotional and economic center of a city. While Oshkosh benefits from a diverse economic landscape, spread throughout the community, our downtown houses historic landmarks and architecture, entertainment venues, and public gathering spaces. Strategic investment in our downtown can increase job opportunities, expand the tax base, encourage tourism, attract private investment, and support walkable, inclusive neighborhoods. When downtowns flourish, they often stimulate growth in other areas, generating a wave of positive change for a community.

Would City Hall move there?

Future uses for the site have not yet been determined. However, City staff do not believe that locating municipal offices on prime riverfront property is the highest and best use of the site and, therefore, are recommending against the idea of moving City Hall to the site.