Senator Blunt to make an announcement on Friday. City Manger's comments on the project in a recent interview.
“We’re making some good progress on it. We’re just trying to formalize some commitments that have been made verbally to us and that announcement might be coming soon.
“We’re working on funding the first sections of it and hope we can secure that soon, in the next few weeks maybe. Don’t want to say anything more just in case, not everything is in place yet.”
(Editor’s note: The Downtown Council says a special announcement about the South Loop Link is expected to be made this Friday by U.S. Sen. Roy Blunt and U.S. Rep. Emanuel Cleaver II at the organization’s annual luncheon.)
State just gave $28.9 million to this project. $116 million raised towards the $135 million needed by January to kick-off construction. $200 million to complete all blocks.
Now being referred to as City Loop Park. Possibly bringing in over $600 million in investments and another 1,200 apartments (including another high rise):
Greg S wrote: Tue Oct 03, 2023 11:09 am
Now being referred to as City Loop Park. Possibly bringing in over $600 million in investments and another 1,200 apartments (including another high rise):
Greg S wrote: Tue Oct 03, 2023 11:09 am
Now being referred to as City Loop Park. Possibly bringing in over $600 million in investments and another 1,200 apartments (including another high rise):
Yep, two highrises from Copaken and 2 from JE Dunn Cordish in addition to the Cordish Power & Light master plan
I wish Omaha had a bigger national developer more in the market. Noddle does great work but just not to the scale of a Cordish. Hines could maybe turn into something down the road but right now its pretty limited in comparison to what Cordish does in KC.
We walked over that strip of interstate to check out some bars in the crossroads area this summer and this park would be a massive improvement in the walkability of the area.
thenewguy wrote: Wed Oct 04, 2023 9:01 am
goddamn I'm jealous of KC right now. They are doing great things down there
Maybe if Omaha had a spiderweb of interstates snaking through the core, would we have to spend on projects like this but we don't. We only have two in the future, the capping of i480 and the conversion of i480 to a boulevard. Omaha downtown will be even more lite on unsightly interstate and car noise pollution in its core and already is.
I'm putting this because Omaha has a high credit rating because it doesn't go on a spending spree.
What I'll say is that this project is brilliant, especially with the eatery amenities and an improvement to pedestrian connectivity, more caps will most likely be needed.
If citizens are more prone to spend, then as citizens in positions, they wil be more prone to spend on urban projects. Spending habits do tend to transpose.
Why are you crossing the streams between personal finance and city credit ratings? They have nothing to do with each other. This whole post is a...
I don't think any of these matter since it looks like the plan is to finance with donations/grants and maintain with a special taxing district. About $100 million is raised and iirc $120 million needed to start construction. It would be a special assessment credit rating and not based on the city's GO.
Renovator2559 wrote: Wed Oct 04, 2023 10:06 am
We only have two in the future, the capping of i480 and the conversion of i480 to a boulevard.
Are you projecting your dreams or something? Where have you ever seen planning docs for turning 480 into a boulevard?
These are not dreams, these projects are documented on the Omaha Strategic Plan.
Your posts can be quite misleading. You don't differentiate between possible/proposed projects, and those much further along, that have proposed funding and such for Omaha based ones.
These both may eventually come to fruition, and I really hope the cap on 480 does, as it would do a great job integrating Midtown to downtown. I think lowering 480 to street level downtown faces longer odds, though it does help that Creighton is on board (they don't get near enough credit for their continuing investments on the north side of DT-next up new baseball stadium). These two proposals came to light from the Chamber I believe in 2022, and were referenced in a 20 year plan. Proposals as such (even those that include drawings) don't always see the light of day. They may or may not happen and when discussing them, I think that needs to be acknowledged.
Renovator2559 wrote: Wed Oct 04, 2023 10:06 am
We only have two in the future, the capping of i480 and the conversion of i480 to a boulevard.
Are you projecting your dreams or something? Where have you ever seen planning docs for turning 480 into a boulevard?
These are not dreams, these projects are documented on the Omaha Strategic Plan.
Your posts can be quite misleading. You don't differentiate between possible/proposed projects, and those much further along, that have proposed funding and such for Omaha based ones.
These both may eventually come to fruition, and I really hope the cap on 480 does, as it would do a great job integrating Midtown to downtown. I think lowering 480 to street level downtown faces longer odds, though it does help that Creighton is on board (they don't get near enough credit for their continuing investments on the north side of DT-next up new baseball stadium). These two proposals came to light from the Chamber I believe in 2022, and were referenced in a 20 year plan. Proposals as such (even those that include drawings) don't always see the light of day. They may or may not happen and when discussing them, I think that needs to be acknowledged.
Greg
Correct, these aren't formal city plans so much as proposals by the Urban Core Committee's plan. They're a private pitch for a public project that needs a lot of people on board and a good deal of funding that is yet to exist.
I was too brief and used the wrong wording, my bad. Even then the renders are not detailed and no dates or project names were given and no links to official announcements were linked.
Seeing how these highway cap projects have been a success in other cities, will only serve for the necessary stakeholders to willingly want these projects to be a reality.
The the success of the streetcar will be one of the determinators if the city chooses to fulfill this trajectory or even create a better version of it, which happened with the conceptusalization of the riverfront.
