North Omaha getting $124 million in state grants for development

(The Center Square) – Nebraska Governor Jim Pillen and Omaha Mayor Jean Stothert announced two state investments in North Omaha this week.

The state gave a $89.2 million grant to the Omaha Economic Development Corporation to create a business park near Eppley Airfield. Nebraska also gave $35 million to the City of Omaha to build a multipurpose community center at Levi Carter Park.

“Omaha has developed into a dynamic hub of industry here in the Heartland, and today’s investments are going to accelerate its growth, especially in the North Omaha community,” Nebraska Governor Jim Pillen said. “The amazing success of our state’s largest city is attracting entrepreneurs, professional talent, and young families to Nebraska. As people and businesses flock to Omaha, we’re investing in first-rate community amenities and industrial sites to continue the metro’s strong momentum.”

Pillen offered praise for civic, business and economic leaders for their partnership and collaboration with state agencies. He also said he supports Omaha creating an Inland Port Authority near the airport to, “coordinate public and private investments,” according to a release.

Mayor Stothert also praised the cooperative approach.

“These are important investments in North Omaha,” Mayor Stothert said. “Together with our state and local partners, we will provide impactful and long-term opportunities for employment, development, and youth services.”

The Nebraska Department of Economic Development (DED) gave a $89.2 million grant to the Omaha Economic Development Corporation via the Airport Business Park Program. The grant will fund site preparation of the land for the proposed business park.

“The two-part project will consist of a site west of Carter Lake with land primarily devoted to industrial use and a site north of Carter Lake—connected to Levi Carter Park—with a mix of commercial and industrial uses,” a release said. “The project’s proximity to Eppley Airfield will make it highly attractive to aviation-related businesses, warehouse/logistics companies, and manufacturers looking for greater supply chain efficiencies.”

DED also gave the City of Omaha a $35 million grant through the Multipurpose Community Facilities Program. Omaha will use it to build a 90,000-square-foot community facility to serve Omaha residents, especially those in the northeastern part of the city. The city will own it and operate it as a non-profit facility.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Some call new commission to explore Illinois’ property tax system a waste of time

(The Center Square) – Despite being criticized for being...

Op-Ed: New banking hurdles mean most Americans finish last

In any relay race, when the first leg stumbles...

American Airlines resumes flights after ‘technical issue’ halts flights nationwide

American Airlines briefly grounded all flights across the United...

Op-Ed: Montana Supreme Court oversteps and makes a mess

Typically, courts provide clarity. They do not exist to...

VIDEO: Illinois legislators return Jan. 4 for ‘lame duck’ session

(The Center Square) – After the new year, Illinois...

Which state is the most taxpayer-friendly?

The Cowboy State has once again won the tax...

More like this
Related

Everyday Economics: Without major policy shifts, U.S. economy likely to slow further in 2025

The Federal Reserve lowered the target for the federal...

Some call new commission to explore Illinois’ property tax system a waste of time

(The Center Square) – Despite being criticized for being...

Op-Ed: New banking hurdles mean most Americans finish last

In any relay race, when the first leg stumbles...

American Airlines resumes flights after ‘technical issue’ halts flights nationwide

American Airlines briefly grounded all flights across the United...