Wildwood approves tax break for $50M project
ST. LOUIS COUNTY, Mo. - Officials have approved $3.3 million in tax breaks for the construction of a new $50 million apartment and retail complex in Wildwood.
The project, set to be built on vacant land at the southwest corner of Main Street and Taylor Road, will include 188 apartments, pickleball courts, and space for stores and restaurants.
Supporters of the project believe it will stimulate growth in Wildwood's Town Center. Critics argue that the development should proceed without incentives, as it will divert $2.4 million in tax revenue away from public services.
The new complex is expected to bring significant changes to Wildwood's Town Center, though the financial impact on public services remains a point of contention among local residents and officials.
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