Bishop Heights redevelopment

[Coyote]

Nearly $10M in TIF planned for Bishop Heights redevelopment,
northeast Lincoln apartments

Two redevelopment agreements would use a total of nearly $10 million in tax-increment financing — one for apartments where the Bishop Heights shopping center is and another for an apartment building near 48th and Holdrege streets.

Plans for redeveloping the Bishop Heights shopping center include three phases — and three different developers — that will ultimately include building about 230 luxury apartments, turning the old Shopko that anchored the shopping center for years into new commercial space, possibly with a 150-room hotel, adding new office space and making significant trail enhancements along bike trails that run along the east and north portions of the property.

On Monday, the Lincoln City Council considered a redevelopment agreement for the first phase — the apartments and some of the trail improvements, which will cost about $48 million and would use $6.5 million in tax-increment financing.

[F0R_L1F3]

Some photos I stumbled across of this project.

[Garrett]

Some photos I stumbled across of this project.

The WHAT House?