Plans for One of Lincoln’s Largest Warehouse Projects Move Forward | local government
What could become one of the city’s biggest industrial projects received a first boost Monday from Lincoln City Council.
Omaha developer White Lotus, which is also renovating the Pershing Center block in downtown Lincoln, plans to build nearly 1 million square feet of warehouse space on 71 acres at 65th Street and Arbor Road, near from 56th Street and the Interstate 80 interchange.
The Lincoln Logistics Center would be built in three phases, starting with a 309,000 square foot warehouse that could be completed as early as spring 2023, followed by a 368,000 square foot building, then another 309,000 square feet. square feet, for a total of 986,000 square feet of space.
The project will cost approximately $89 million and leverage $13 million in tax increment funding, which allows increased property taxes generated by a development to pay for some upfront costs.
Councilman Tom Beckius said the project, which would be similar to a White Lotus being developed at 132nd Street and Cornhusker Road in Sarpy County, will benefit Lincoln.
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The Omaha project, which is about twice the size of the one proposed at Lincoln, counts among its tenants Amazon, Home Depot and Scooters Coffee.
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The council unanimously approved a resolution Monday that the project was in line with the overall plan. Council will still need to approve an annexation and rezoning, as well as the redevelopment plan.
The City and County Planning Commission approved both the rezoning and the annexation. This included annexing more land than the developer requested in order to comply with the city’s policy of only annexing land that is contiguous to existing city property. One of the owners objected to the inclusion of his land in the annexation.
White Lotus wants to annex 59 acres; the planning department approved the annexation of an additional 50 acres.
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