City of Wauwatosa could help out with proposal for 236 high-end apartments on Mayfair Road

WAUWATOSA (WITI) -- A proposal to build 236 high-end apartments on Mayfair Road may get some help from Wauwatosa.

The city may provide nearly $5 million to the project.

The apartment community would replace the former Hall Automotive dealership near North Avenue and Mayfair Road.

The project is estimated to cost $27 million.

It is predicted to generate enough increased property taxes to pay off that amount within 10 years at the most.