TID Number 15
| Statistic | Amount |
|---|---|
| Base Value (2016) | $0 |
| Projected Value | $33,000,000 |
| Original Property Taxes | $0 |
| Projected Property Taxes | $951,651 |
Projected TID Expiration: 2044 (27 years)
Tax Incremental District No. 15 was created in 2016 by the City of
West Allis as a blighted area district. The site consists of a 2 block area of just over 16 acres, which includes the West Allis Farmers Market. The site, which has a long history of industrial use, was acquired by the CDA after it had become vacant and obsolete. The plan for this area calls for a mixed use redevelopment consisting of approximately 208 residential apartment units and town homes, a potential commercial office building of approximately 30,000 square feet, and various commercial and restaurant uses totaling approximately 48,700 square feet.