Mayor announces 20-story retail, office, and residential project proposed for downtown Lincoln
At a press conference Thursday morning, Mayor Chris Beutler announced that a local developer has plans to build a 20-story retail, office and residential project on the north side of the Que Place parking garage.
Dubbed the Lied Place Residences redevelopment project, the $30 million undertaking would include a restaurant on the ground floor, around 4,500 square feet of office space on the second, third and fourth floors, and around 40 condos on the upper 16 floors.
The location, which used to house Applebee’s and is across the street from the Lied Center, has been vacant for five years.
“The historic transformation of downtown Lincoln continues with another landmark building that will again change our skyline,” Beutler said.
Assistant Director of City Urban Development, Dallas McGee, said the spot was originally envisioned as a mixed-use building on the north face of the garage between 11th and 12th streets.
McGee says the project will meet a goal of the 2005 Downtown Lincoln Master Plan by bridging the area between downtown and the University of Nebraska-Lincoln campus.
The project includes $5 million in TIF financing.
The condos will be available in one, two and three bedroom units.
The project has to be reviewed by the City Urban Design Committee and the Lincoln-Lancaster County Planning Commission in November.
City Council is expected to consider the project and hold a public hearing in January.
Officials say construction could begin in the spring of 2019 and be finished in early 2021.