Bill advanced to finance development of ‘Good Life’ retail districts with little debate
LINCOLN — State lawmakers gave first-round approval Thursday to a measure that would allow communities, by a public vote, to provide a generous tax benefit for unique retail developments. There was very little mention, however, of the “Good Life District Economic Development Act” during the debate over Legislative Bill 1317, a combination of several bills advanced from the Revenue Committee. Instead, most of the discussion focused on one of the aspects of LB 1317 that dealt with installing electric-vehicle charging stations. It has generated a fight between service stations and public power over fair competition and who should be allowed to build the stations.
Nebraska Crossing has big plans
Rod Yates, the developer of the Nebraska Crossing shopping complex, has said that he is planning a $5 billion development spanning 3,000 acres along Interstate 80. It would combine unique retailers and restaurants, a massive youth sports complex, high-rise apartments and high-tech businesses that will lure out-of-state visitors and help retain youth in the state. Yates has often touted his plans as rivaling The Legends district in Kansas City, the largest tourist attraction in Kansas, which includes a NASCAR track, pro soccer stadium, and 100 shops, including a massive Nebraska Furniture Mart. Yates has also said he wants to attract a National Hockey League franchise to Nebraska Crossing, though the Omaha World-Herald recently reported that the league is not seeking new franchises. Nebraska volleyball coach John Cook joined Yates at a recent legislative hearing touting the possibility of relocating USA Volleyball’s Olympic training facility from Anaheim, California, to Gretna. But repeated calls by the Examiner to USA Volleyball in hopes of confirming their interest have not been returned. During a public hearing on the Good Life District concept, rival developers complained that the bill gave Yates too much power, which von Gillern said has been resolved in the new version of LB 1317.