On July 2, 2012, the City of Lincoln will release the Invitation for Redevelopment Proposals (IFRP) for the Downtown Lincoln, Pershing Center Site. Release of an IFRP is intended to give developers an opportunity to plan and collaborate. The IFRP was released nationally, and is open to public, private, and/or non-profit entities.
The City owns the Pershing Center Block located between Centennial Mall and 16th Street and M and N streets. Pershing Center was the City's main auditorium and hosted a variety of events from concerts to sporting events to trade shows for more than 50 years. However, the facility is now considered by many, particularly those in the entertainment industry, to be significantly functionally challenged. In 2010, residents of the City of Lincoln passed a bond issue in support of the construction of the West Haymarket Arena, a $340 million dollar investment in infrastructure, parking, and a 16,500 seat arena in Downtown Lincoln. The ground breaking for the Arena occurred in the summer of 2011. The Arena project was completed in September 2013.
The Arena project has created the opportunity for the redevelopment of the Pershing Center block. The site has many possibilities, from public to private uses, from one user to multiple users, from the reuse of the existing building to new construction. Whatever the project, Downtown Lincoln is a good investment to make.
The Urban Development Department of the City of Lincoln will be accepting redevelopment proposals to redevelop the Pershing Center Site beginning July 2, 2012. If you have questions about this opportunity, please check with our project contacts.