The line, scheduled for completion in 2027, is bringing billions in new investment to the city’s urban core.
Tax increment financing (TIF) revenue for projects along a future streetcar line in Omaha, Nebraska is outpacing projections, with $1.5 billion committed to four projects so far this year, reports Molly Hudson for KMTV 3 News Now. “Some of those include ‘The Beam’ - an apartment building next to the new Children’s Museum at the Riverfront and the Millwork Hotel.”
“But with just a few weeks left in the year, six projects remain on the 2024 list with investment but no name,” Hudson adds.
The Omaha Streetcar project broke ground in September 2023 and is scheduled for completion in 2027.
FULL STORY: Streetcar: 'Revenue that we projected is running far above what Municap projected'
Omaha Streetcar Predicted To Cover Project Costs
A third party analysis predicts that the revenue brought in by development along the proposed streetcar line would bring in sufficient revenue to cover initial costs.
Omaha Streetcar Breaks Ground
The city aims to bring back its once-extensive streetcar network.
Warren Buffett, Streetcar Skeptic
Warren Buffett, bus service supporter?
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
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Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service