|Base Value (1994)||$18,524,000|
|Current Value (2016)||$41,354,200|
|Original Property Taxes||$516,600|
|Current Property Taxes (2016)||$1,137,737|
|Property Tax Increment||$621,137|
TID Expiration Date: 2027
Tax Incremental District Number Five consists of approximately 44 acres of land located in a four block long by two block wide corridor in the northeastern portion of West Allis commonly referred to as the "Six Point/Farmers Market" Neighborhood. The creation of the District was necessary to eliminate and prevent the spread of blight experienced in the years following the closing of the Allis-Chalmers manufacturing plant. Currently, Mandel Group is building its multi-phase The West and SoNa (South of National) mixed-use projects in this area.