La Crosse County has a new offer for the long-vacant Park Plaza property.
Last month Water Place One LLC made a $600,000 offer with hopes to turn the property, which is just west of the Cass St. bridge, it into market-rate housing.
The county has struggled to sell the property after acquiring it through foreclosure in 2001.
The offer came before the county's Public Works and Infrastructure Committee on Monday.
The board approved the offer unanimously but it still has to go to the county's executive committee on Wednesday.
The county said they anticipate full approval of the purchase by January and expect development to begin next year