918-unit Wisconsin apartment gets funding help from M tax increment district

This rendering shows Barrett Lo Visionary Development's plan for 918 apartments in Wauwatosa, Wisconsin. Officials approved a nearly $60 million ta...

September 15, 2023
12:04 AM

This rendering shows Barrett Lo Visionary Development's plan for 918 apartments in Wauwatosa, Wisconsin. Officials approved a nearly $60 million tax increment district to help finance the project. (Submitted Rendering: KTGY) WAUWATOSA, Wis. — Wauwatosa officials on Tuesday approved a nearly $60 million tax increment district (TID) to help finance a $400 million project by Barrett Lo Visionary Development to build around 918 apartments around the former Boston Store at Mayfair Mall. The project is divided into three phases: Phase one with 463 units and 9,970 square feet of retail space, phase two with 220 units and phase three with 235 units and 2,739 square feet of retail space.

The Associated Press