OMAHA- The University of Nebraska Medical Center has selected a team of developers to lead the $45 million renovation and redevelopment for the west side of Saddle Creek Road. The project will become an “innovation hub” with space for offices and community amenities. Koelbel and Co., a Denver developer ad Omaha's GreenSlate Development will lead the project. There will be a food hall and market with an event center and office space as well.

The Lund Company will handle the property management efforts for the project after being selected through a competitive bidding process.

“We will create a space that both advances UNMC’s mission and revitalizes (the) area in a way that will benefit our neighbors and the city of Omaha,” Dr. Jeffrey Gold, UNMC’s chancellor, said in a statement.

The hope is to break ground on the project by the end of 2021. Historic preservation will be at the forefront of the developers mind.

"The innovation hub will house a number of existing operations, including UNeMed, UNMC’s tech transfer office, and UNeTech, which coordinates the creation of business startups from UNMC and University of Nebraska at Omaha research. Also on the tenant list are UNeHealth, UNMC’s contracting and fiscal arm for industry-funded clinical trials, and UNO’s Nebraska Business Development Center."

Another part of the project will be the administrative tower which will be closely tied to the university's proposed Project NExT, the project that will create a new academic medical center and federal disaster response capability. The project will cost around $2.6 billion including public and private donors and grants from the federal government.

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