Posted By: Kayla Bremer
The recent completion of the Antelope Valley Project will be brought to life with a development plan that's near 21st and N streets.
Mayor Beutler announced a plan that will bring a grocery store to the core of the city. It would be located at 19th and L St. One of the developers on the project says they've been working closely with Hy-Vee.
The $32 million project will develop an area to be known as "The Exchange at Antelope Valley." Basically it goes from 21st and N streets down to Capitol Parkway. It will also include a variety of housing options and retail space.
"Market rate home ownership and market rate apartments combined with low-income housing opportunities make the Exchange essentially open to Lincoln residents of all types," Mayor Beutler said.
This plan is one of four that were submitted for the project area.
Mayor Beutler says this proposal stood out for many reasons, including preserving the area's history and character.
The Exchange will include 64 three-story row houses for purchase and a retail/commercial space with apartments on the top floors.
The Windstream warehouse will be renovated into 66 apartments, including 20 supervised units for people with mental health challenges.
"A new building to the east of the Windstream warehouse known as the Lofts will be the location for 32 low-income apartments with geothermal heating and cooling," Beutler added.
The project name, the "Exchange", comes from the area's history as the site of the Lincoln Telephone and Telegraph Company.
The idea to create a large area for redevelopment was brought forth two years ago by City Council member Gene Carroll.
"It's a win for the city of Lincoln because we get property taxes from the development, we get development for our people living in the city," Carroll said.
The city and the developers will negotiate a redevelopment agreement. It has to be approved by the City Council but construction is expected to begin in about a year.
Posted By: KLKN Newsroom
The east downtown development will include retail and apartments.
Mayor Chris Beutler today announced that the Hoppe Brothers have been chosen to redevelop 6.5 acres of property in the area of 21st and "N" streets. The "Exchange at Antelope Valley" will include a variety of housing options, retail space and a 32-000 square foot grocery store. An official at a news conference says they've been in talks with Hy-Vee.
Four proposals were submitted for the project area, and Mayor Beutler said the Hoppe Brothers' proposed investment of up to $32 million stood out for several reasons.
"The diversity of housing options is an attractive component," Beutler said. "Market-rate home ownership and market-rate apartments combined with low-income housing make the Exchange open to virtually any Lincoln resident who wants to live in the area. Downtown residents have long needed grocery service, but have made little headway because finding the necessary parking for a large store is a challenge in an area of high density. A grocery store at 19th and ‘L' solves the parking problem and allows for convenient access for downtown residents."
The Mayor praised the Hoppe Brothers proposal for preserving the area's history and character. The historic municipal pool bathhouse will continue to house Parks and Recreation offices. The historic Windstream warehouse will be renovated into apartments. The "Exchange" takes its name from the area's history as the site of the Lincoln Telephone and Telegraph Company.
The Exchange will include 64 three-story row houses for purchase. Other proposed housing options include the following.
• The Windstream Lofts at the site of the current Windstream warehouse will include 66 affordable rental apartments. Twenty of the apartments will be available for those with mental health challenges and will include supervision and casework facilities.
• A new building east of the warehouse will be known as the Lofts and will include 32 low-income apartments with geothermal heating and cooling. The Lincoln Housing Authority and CenterPointe will provide voucher rental assistance and onsite case management.
• A three-story building at the site of the former Williamson Honda building will be known as the Suites and will include 24 apartments along with retail and commercial space on the ground floor and a proposed restaurant.
The idea to create a large area for the redevelopment project was raised about two years ago by City Council member Gene Carroll. He proposed moving the Parks and Recreation maintenance facility to the new Municipal Services Center. At the same time, Windstream was looking at the future of its warehouse building. The Lower Platte South Natural Resources District (LPSNRD), which owns the former Williamson building, was another partner in the project.
The Mayor thanked Carroll, Windstream and the LPSNRD for their roles in the project. "The partnership created an innovative and forward-looking plan that will greatly enhance the east downtown area while providing new living choices for your community," Beutler said.
The City and the Hoppe Brothers will negotiate a redevelopment agreement that will go to the City Council for approval. Construction is expected to begin in a year. Over that year, designs will be finalized, the construction work will be bid and the site will be prepared.