After extensive community engagement and working through a design validation process, on August 16, the Wayzata City Council approved the design of Panoway Phase 2A (Boardwalk & Docks) and Phase 2B (Section Foreman House). This approval completes the design development phase for these elements of the Panoway project and moves them into the construction document phase!
Phase 2A will include a 1,500 foot-long boardwalk that will stretch along restored shoreline of Lake Minnetonka from the Section Foreman House to the Depot. There will be two lakeside overlook terraces or “step downs” and a replacement of community docks. The design work is funded by State of Minnesota Bond Funds and construction will be funded through bond funds and Tax Increment Financing (an economic development tool for a targeted area where additional property taxes paid as a result of a new development are captured locally to pay for restricted private and public improvements).
Phase 2B includes the restoration of the Section Foreman House into a new lakefront learning center. The design work for this has been fully funded by the Wayzata Conservancy.
This exciting step gets the City one step closer to our core objective of improving the lakeside ecosystem, providing greater public access to Lake Minnetonka, preserving Wayzata’s history and keeping downtown commerce vibrant.