City Council Approves TIF Money for Redevelopment of Building

By: Jacki Ochoa Email
By: Jacki Ochoa Email

It's supposed to be something special, something to be treasured, but a historic building in Downtown Omaha sits in neglect. Now, the City Council is making moves to help save the building.

The building is located at 100 South 19th Street; it was the former Northwestern Bell Telephone Company building. The building has been vacant for nearly 20 years.

On Tuesday, the City Council approved $6.4 Million in TIF money for the project. When the redevelopment of the building is complete, developers expect to have about 300 apartments, parking, and commercial space on the ground floor.

"That was kind of the master plan for this area," said Todd Heistand of NuStyle Development. "This building was going to be a lot more of the one bedrooms, which that seems to be where the demand is downtown that we've been missing. So, this will be almost two-thirds one bedrooms."

Councilman Chris Jerram said during the meeting that they want people to stay downtown. They are hoping this building can help the city reach that goal.

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