- Associated Press - Tuesday, October 11, 2016

HASTINGS, Neb. (AP) - Developers and investors have pulled out of the proposed $25 million City Block Project in downtown Hastings after nearly three years of planning and negotiations.

Mayor Vern Powers said at Monday’s City Council meeting that the two out-of-town developers and a local investor decided to invest their money elsewhere because of uncertainty about the project’s future. A public vote on the project was set for Nov. 8.

Plans included 42 apartments for Hastings College students, at least 75 hotel rooms, health care space, retail and office space and a publicly owned conference area adjacent to the existing Hastings City Auditorium.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide