LINCOLN, Neb. (AP) — Lincoln’s mayor and developers have announced a project that will include a 15- to 17-story hotel and condominium complex linking downtown to the Haymarket that will have 40 to 50 upscale condominiums and penthouses.

Officials announced plans for the Block 54 project Thursday, which also includes another hotel, event space, parking, a restaurant and bar. It is expected to cost $65 million to $70 million.

Construction is scheduled to start next spring and officials hope to open the building in early 2019.

Developers expect to use tax increment financing for the project.