City of Lincoln
2006 Media Releases
Mayor Coleen J. Seng announced today that an agreement has been reached with Hy-Vee Inc. for development of a new Hy-Vee supermarket project on the northwest corner of North 84th and Holdrege streets. The seven-acre development project will include an 84,500-square-foot grocery store; an attached wine and spirit store; and a Hy-Vee gas station. The store will employ about 400 workers.
“This $15 million project is great news for residents of northeast Lincoln and the entire community,” said Mayor Seng. “I want to thank Hy-Vee for its continued investment in our City. This new store will serve as an important anchor to draw even more development to this area.”
The Hy-Vee development will not require City Council action because it is already zoned properly and is within the City limits. The Comprehensive Plan designates the site for a “community center” development of 300,000 to a million square feet of retail and service businesses. Hy-Vee will serve as an anchor store for the shopping center. Hy-Vee is purchasing private property for the project. Site preparation and construction are expected to begin in spring 2007.
Construction of another new Hy-Vee was announced in June. A $15 million, 78,000-square-foot supermarket will be built on the north side of “O” Street between 50th and 52nd streets. Work at that site is expected to begin in late fall.
“It gives me great pleasure to announce Hy-Vee’s intention to build another state-of-the-art supermarket in Lincoln,” said Hy-Vee Executive Vice President Charlie Bell. “The fact that we will construct two projects of such magnitude simultaneously underscores our commitment to this community. Lincoln residents have supported us since we opened our first store in 1982, and we are excited to show our gratitude with two new stores that will feature the latest innovations in retailing.”
Both new stores will feature photo processing services; drive-up pharmacies; a variety of dining opportunities; expanded departments for fresh-cut meat, organic produce, gourmet salads and desserts; Hy-Vee Club rooms for classes and meetings; and baby departments that include organic and natural products, equipment and toys.
Hy-Vee, Inc. is an employee-owned corporation operating 224 retail stores in seven Midwestern states. For 2005, the company recorded total sales of $4.9 billion, ranking it among the top 20 supermarket chains and the top 35 private companies in the U.S.