Supporters say new downtown convention center could boost Lincoln’s economy

LINCOLN, Neb. (KLKN) – Another big bill is in the works at the state Capitol, and this one includes funding for boosting tourism and economic development.

The main focus of the bill would be to fund the Nebraska Crossing shopping center in Gretna, just off Interstate 80 between Lincoln and Omaha.

But an amendment to the bill would appropriate funding for a new convention center here in Lincoln.

In a statement from Sen. Eliot Bostar, who worked on the amendment, said it would direct funding to the project through a turnback tax mechanism.

He said this wouldn’t create new taxes but would allocate existing money for the project.

“Lincoln is a growing and dynamic city that needs to keep pace with other growing cities — and amenities like a convention center are the type of projects that will continue to put Lincoln on the map,” Bostar said. “A project like this will spur economic growth, create more jobs, and bring visitors and energy to our city and state.”

How would this be different than the Pinnacle Bank Arena and why is it needed?

Supporters say it would be smaller and would be tailor-made for conventions, not sporting events or concerts.

Those working to get the center developed say studies have shown there’s a market opportunity for more midsize convention space.

Jason Ball, president of the Lincoln Chamber of Commerce, said it will be an important addition to the city to ensure we aren’t missing out on regional shows, events and conventions.

“It would bring groups and visitors from South Dakota, Iowa, Kansas, Colorado in some cases, I think even more southeast,” he said. “So, we know that groups that are located in these areas want to bring their groups here.”

SEE ALSO: Lincoln Chamber of Commerce outlines road map for boosting city economy

Advocates say the center would also benefit businesses in Lincoln, particularly downtown, as people come to visit conventions for multiple days throughout the week.

Todd Ogden, president and CEO of the Downtown Lincoln Association, said whenever visitors come to the city, it boosts the local bars, restaurants, hotels and the overall economy.

“We’ve seen downtown change over the years, and we’re in a really good spot where we’re definitely becoming a 24/7 urban neighborhood with people all around and it’s spread out so much,” he said.

Ogden said a convention center would bring in “a burst of people” to help downtown businesses continue growing.

Randy Bretz with the Rotary Club 14 in Lincoln said he hasn’t met anyone yet who wasn’t in support of the project.

“Me personally, I’m a connector, and a convention is a great way for people to connect with one another,” he said.

Bretz visited Lincoln for a convention almost 50 years ago.

“And I said, ‘This is a nice city,’ and I moved my family here from Indiana,” he said.

Right now, there are a number of places being looked into for a potential location for the center, including the post office next to Pinnacle Bank Arena.

SEE ALSO: Rep. Mike Flood wants downtown Lincoln post office to move

Other locations include the former Journal Star production facility at Ninth and Q streets, the current Midwest Steel site near Eighth and N streets, and a space to the southeast of the Cornhusker Hotel at 13th and L streets, which is currently a vacant lot.

The price tag won’t be determined until a location is determined, but those working on the project say it could cost as much as $130 million.

They say any funds they can secure now will be helpful in the long run, whether that’s from the city, state or private fundraising.