City of Lincoln
2006 Media Releases
Public invited to open house tonight on street project for the area
Mayor Coleen J. Seng and Brandt Excavating today began the demolition of the former Misle building at 48th and “O” streets, which will clear the way for a $10 million redevelopment project for the south side of “O” Street between 48th and 50th streets. The redevelopment includes the construction of a West Gate Bank, a Runza Restaurant and Braeda® Fresh Express Café and a Walgreen’s store. The businesses will employ about 100 people.
“This is a great day for our community, as we prepare this important site in the center our community for a new retail center,” said Mayor Seng. “This private investment means new jobs and increased sales tax revenue and will help spur additional redevelopment in the area.”
The demolition is expected to be done in early April when construction will begin. A 14,000-square-foot Walgreen’s will be built on the southeast corner of 48th and “O” and will employ about 35 people. A Runza Restaurant and Braeda® Fresh Express Café will be built east of the Walgreen’s and will employ about 50 people. A 6,000-square-foot West Gate Bank and office building will be built on the southwest corner of 50th and “O” and will employ about 12 people. The redevelopment agreement includes green space to buffer the new commercial activity from the adjoining neighborhood.
To minimize inconvenience to the public and area businesses, the new development will be under construction at the same time the City is improving the 48th and “O” area. “O” Street will be widened to six lanes from 45th to 52nd Street, and that stretch of “O” is scheduled to close early next month. The project also includes safety and capacity improvements on 48th from “M” to “R” streets, and lane closures along 48th Street are scheduled to begin in late March. The improvements in the 48th and “O” area also include the installation of water mains on “O” and 48th streets. “O” Street and 48th Street are scheduled to be open to traffic in late fall 2006. The new development is scheduled to open in early 2007.
The public is invited to an open house on the road and water main project from 5 to 7 p.m. tonight at the Lincoln Ballroom at the Villager, 5200 “O” Street. More information is available on the City Web site, lincoln.ne.gov (keyword: ostreet).
Negotiations continue on a redevelopment agreement for the area north of “O” Street.
The City has received a $128,200 assessment grant from the U.S. Environmental Protection Agency (EPA) for environmental testing, site planning and development of a clean-up plan if hazardous substances are found.