Wauwatosa has approved $3.3 million in city financing for the cleanup and redevelopment of the former Western Metals site, immediately north of the Grede Foundry, off State Street.
The funding includes almost $1.8 million for environmental cleanup at the site and another $1.5 million to repay the developer, Wangard Partners, for its planned investment in infrastructure.
Wangard has worked for months to win approval for 169 apartments in six buildings at the 9.4-acre site in the 1200 block of North 62nd Street.
Its first proposal, made in July, was rejected by the Plan Commission, and it came back in August with a more urban-looking design that increased the density and better matched its neighbors, such as The Enclave complex nearby.
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