Old Papillion hotel morphs into affordable apartments
Cindy Gonzalez
An aging Papillion motel is being converted to apartments, offering an affordable housing option to residents of the growing Sarpy County suburb.
Omaha-based Collective Development bought the Liberty Lodge at 1409 East Gold Coast Road for about $1.37 million and plans to invest another $400,000 in renovations, said partner Max Honaker.
The plan is to produce 38 one-bedroom and studio apartments that will rent for about $695 monthly, plus a $125 utility reimbursement.
With the recent projects up for consideration with the planning board regarding hotel conversions, this seems to be a growing trend in the Metro. Are there any other hotels/motels that might be good candidates for residential conversion?
