OMAHA, Neb. (AP) - Developers have announced plans to transform a former lumberyard in the Millard area of Omaha into a $55 million commercial and housing strip that has been dubbed the “Lumberyard District.”
The Omaha World-Herald (https://bit.ly/1O9TzEx ) reports that the walkable district is expected to have apartments, a new Omaha police precinct, a 35,000-square-foot office and a retail anchor by the time construction is expected to be completed in 2018.
The 15-acre district will also feature newly planted, mature trees.
Millard Lumber operated in the area for decades before moving to a new location in 2008. Structures from the lumberyard remained unoccupied and deteriorated over the following years.
Developer Jason Lanoha said he is negotiating with potential business tenants and expects to announce key contracts in early 2016.
The two-story southwest police precinct office is slated to open by next fall, and the first of the apartments are expected to be completed in late fall of 2016. The office and retail building are expected to be finished by fall 2016.
Lanoha’s said that he opted to develop the area in one phase to “create instant impact and density.”
The entrances to the Lumberyard District structures are designed to be close to the curb to promote street activity.
“Our goal is that walkable district,” he said. “If we set the tone here, we think other folks will come.”
City leaders tagged the site last year as a community redevelopment area to allow public tax-increment financing, hoping to spark development in the area.
Information from: Omaha World-Herald, https://www.omaha.com
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