A football practice field and a cornfield will be transformed into a new University Village in Kearney over the next 10 to 20 years. The 104-acre development will be nearly as big as the main campus of the University of Nebraska at Kearney.
Long-term plans include several student housing options, public residential areas, restaurants, retailers, office spaces, a park, nature areas, softball fields and a recreation complex.
Construction on a new student housing complex could begin as soon as next year, replacing the aging University Heights off-campus apartment complex. UNK plans to sell University Heights and use the proceeds to help develop University Village.
The University Village project has been discussed since 2008. The estimated cost is between $400 million and $500 million.