NEW COMMERCIAL CORRIDOR NEAR NFM EXPECTED TO BRING $43 MILLION IN INVESTMENT

OMAHA- The new retail and apartment corridor proposed area will remain around the 72nd to 78th and Dodge area and is expected to cost almost $44 million. 

A plan recently submitted to the cart includes a request for $2 million in tax-increment financing. The apartments that are supposed to pop up will cost $30 million alone. The first couple phases will redevelop 11 acres of the 26-acre plot. Developers hope to see new businesses starting to open in spring of 2022. 

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