LINCOLN, Neb. (AP) — Plans are in the works to redevelop Lincoln’s Veterans Affairs campus into a mix of apartments, townhomes and medical offices.
The Lincoln City Council endorsed the proposal on Monday, indicating that the council likely will approve a redevelopment agreement expected later this summer.
Under the first planned phase of the project, developers want to build a three-story apartment building for low-income veterans who qualify for veteran housing vouchers, along with a private medical office building.
The developer expects to spend around $20 million on Phase 1 and intends to use around $2 million in tax increment financing for street, water and sewer improvements.
While plans move forward, the Department of Veterans Affairs is soliciting bids for a new VA clinic in Lincoln.