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Common Council approves sale, development-finance agreement for Makers Row site
Summary
Council approved agreements to sell roughly 1.2 acres west of the farmers market to Makers Row QOZB LLC, authorizing a development-finance agreement and related documents; council recorded a 10-0 vote.
The West Allis Common Council voted 10-0 to approve a purchase-and-sale agreement, a development agreement and a development-finance agreement to sell and redevelop approximately 1.2 acres immediately west of the city's farmers market to Makers Row QOZB LLC.
City staff member Patrick told the council the parcel is identified as lot 1 of the Makers Row development area. He said negotiations reduced developer clawback provisions and that the developer may receive tax increment financing…
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