ROD YATES' $5B GOOD LIFE DISTRICT PLAN HITS NOT-SO-GOOD PATCH

OMAHA- Businessman Rod Yates’ plan to create a multibillion-dollar sports-centric tourist magnet between Omaha and Lincoln appears to have hit some headwinds, despite an apparent endorsement by Gov. Jim Pillen. Advisers to the City of Gretna, where the sprawling Good Life District project is proposed to surround Yates’ existing Nebraska Crossing outlets, have recommended against moving forward under terms laid out by Yates’ team.

The advisers cited concerns about the lack of detail, a call for the city to reduce its own sales tax rate in the Good Life District, and a call for Gretna to use city resources for land acquisition or possibly exercise its power of eminent domain. City administrator Paula Dennison, in a report to the Gretna City Council, said the staff was excited to continue to work on ways “to bring transformational development to Gretna” via the Good Life District legislation, but she said the current demands by Yates are not in the best interests of Gretna taxpayers.

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