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
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NACTO Releases Updated Urban Bikeway Guide
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UCLA Experts Offer Critical Support for LA Wildfire Response and Recovery
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Salt Lake City to Get Five New Bus Lines
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Fort Worth Relaunches Bike Share Network
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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.
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Chaddick Institute at DePaul University
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