Lawrence T. Butler, Professional Engineering, LLC: Grand Theater North Building Renovation

ID

10

OrgName

Lawrence T. Butler, Professional Engineering, LLC

PhysicalAddress

4809 NW Radial Highway Omaha, NE 68104

MailingAddress

Website

www.LTButler.com

SocialMediaAccounts

Restore North Omaha - Facebook, LT Butler Engineers - Facebook

Name

Lawrence T Butler

Title

Owner/ Managing Member

EmailAddress

lawrence@ltbutler.com

Phone

+1 (402) 960-8557

Team

Yes

TeamExplanation

Lawrence Butler Engineer/Historian, Spark – Funder American National Bank – Funder MCL or Davis Construction – Proposed G.C,. Woods Aiken (Mike Matcheka) – Legal, Brad Gross, Gross LLP – Project Accountant

OrganizationalChart

LT Butler Engineers is a one man engineering firm that subcontracts necessary team members to get projects done on time and on budget.

OtherCompletedProjects

Hinky Dinky #3 Building, 4801-4811 NW Radial Highway Total Cost - 2.83 Million Renovation of a Commercial Strip Mall On National Register of Historic Places Completed October 2021 (See Photos) The Historic Allas Apartments 16th & Binney, 1609 Binney Street, Omaha, NE Total Cost 1.2 Million Historic Renovation of a 6-Plex Apartments On National Register of Historic Places Completed October 2022(See Photos)

ProposalTitle

Grand Theater North Building Renovation

TotalBudget

538450.0

LB1024GrantFundingRequest

260450.0

ProposalType

Capital project

BriefProposalSummary

The Grand Theater consists of 2 buildings located at 2920 N 16th St which is owned by Mount Vernon Church and 2922 N 16th Street which is owned by an entity controlled by Lawrence Butler. The current building being considered for LB1024 funds is 2922, N 16th Street is a single story brick building storefront that is approximately 2300SF. It is a shell and interior demolition has been partially done. The building is a Local Landmark per Omaha Ordinance. The goal is to continue to build a sustainable community along 16th street and maintain its commercial building stock and allow this being to be used as office space for below market rent. All zoning variances have been applied for and approved and the building permit was issued on 4-6-2022 by the City of Omaha and last for 30 months after issuance. If funding is considered for this landmark project, the projected schedule is 6 months.

Timeline

Once funds are awarded, the project is scheduled for a 6 month completion. All building permits and zoning waivers have been applied for and approved.

PercentageCompletedByJuly2025

1.0

FundingGoals

Fundamental Change (i.e., a proposal that will continue to elevate North or South Omaha's presence and perception within the region, significantly improving the lives of area residents through physical development) Long-Lasting Economic Growth (i.e., a proposal that will foster gainful employment opportunities and financial investment in the area, leading to the creation of generational wealth and widespread economic vitality in North and South Omaha) Transformational (i.e., a proposal that will help energize, recharge, or spur significant and favorable advancements in North or South Omaha's function or appearance)

Community Needs

Policy (i.e., develop or improve context-sensitive education, finance, health, training, zoning, etc.) Quality of Life (i.e., create or enhance natural spaces, mixed uses, parks, safety, etc.) Sustainable Community (i.e., create or enhance housing, services, education, civic uses, recreation, etc.)

OtherExplanation

ProposalDescriptionAndNeedsAlignment

The renovation of the Grand Theater North building at 2922, N 16th St supports a sustainable community by recognizing the importance of keeping historic buildings and districts intact rather then demolishing them. The 16th and Locust is one of Omaha’s oldest commercial districts and should be a strong candidate for the National Register of Historic Places as a commercial district based on the North Omaha Reconnaissance Survey done in 2016. We believe what is remaining of the 16th and Locust Commercial District which is located on 16th street between approximately Binney Street to the north and Corby street to the south should be recognized as a Historic District. Renovating the building and using it as office space for businesses in the North Omaha area will hopefully draw attention to this area and continue the work of restoring 16th Street builidings.

VisioningWorkshopFindingsAlignment

We believe the renovation of the Grand Theater North Building aligns with the following: Land Use. - Restoring Vacant Building that also has historic significance Strategic Development of vacant building along 16th Street to connect downtown Corridor Creates innovative opportunities by providing Solar Panels on Rooftop with batteries of older buildings and making them energy independent. Creates beautiful landscaping and exterior lighting areas to promote walking areas.

PrioritiesAlignment

The Grand Theater North is in Census Tract 12.00, which is a qualified Census Tract. This will also offer below market rate office space to small businesses and give preference to business that provide service to North Omaha.

EconomicImpact

It is estimated that a part time general labor position will be needed and 60 construction jobs will be created. The anticipated renovation payroll is between $300,000 and $400,000. It is estimated that and office building with 12 part time positions will result from this renovation at an estimated wage of $20.00/hour.

EconomicImpactPermanentJobsCreated

12

EconomicImpactTemporaryJobsCreated

60

EconomicImpactWageLevels

20

EconomicImpactAlignProposedJobs

We will provide below market rents for office space

CommunityBenefit

The Grand Theater North is another Historic commercial building that will saved and redeveloped to an adaptive use along 16th Street. This is in conjunction with a National Register of Historic Places property building to west, The Allas Apartments, landscaping and exterior lighting will provide areas where people can walk and gather.

CommunityBenefitSustainability

This promotes community sustainability by not demolishing old and dilapidated buildings but promoting adaptive use of buildings like this to rebuilt trust among communities and leaders.

BestPracticesInnovation

Instead of demolishing old buildings, not only will this be redeveloped but will use 50% of electrical energy from solar power with 43 panels and an 8 hour battery. It can be a beacon that the Solar tax Credit can bring great value to older buildings in need of substancial renovation.

OutcomeMeasurement

Further development along N. 16th Street area. It is similar to midtown Farnam street where older buildings combined with newer buildings to make this desirable.

OutcomeMeasurementHow

The measurement can be seen 10 years from now by the City of Omaha and other developers is other buildings are being constructed and/or renovated.

OutcomeMeasurementCoinvestment

I believe this development along with the Allas Apartments next door would provide visual evidence to other developers that 16th street is ready

Partnerships

Yes

PartnershipsOrgs

Spark – Jamie Berglund, American National Bank – Brian Anderson, Blair – Freeman Moranda Adams, Davis Construction – Julius Davis, Gross LLP, Brad Gross CPA, Woods Aiken – Mike Matcheka – Real Estate Attorney.

PartnershipsMOU

We dont have a MOU, but we have worked with them on previous historic projects

Displacement

No

DisplacementExplanation

PhysicalLocation

2922 N. 16th street is located within Census Tract 12.00 according to

QualifiedCensusTract

Within one or more QCTs

AdditionalLocationDocuments

PropertyZoning

Yes

ConnectedToUtilities

ConnectedToUtilitiesConnected

No

ConnectedToUtilitiesUpgradesNeeded

Yes

DesignEstimatingBidding

Yes

DesignEstimatingBiddingPackageDeveloped

Yes

DesignEstimatingBiddingCostsDetermined

GeneralContractor

Yes

GeneralContractorPublicCompetitiveBid

Yes

GeneralContractorPublicCompetitiveBidWhyNot

RequestRationale

The dollar amount requested is the to help some of the project construction costs to get to project completion.

GrantFundsUsage

LB1024 will help support the construction costs to renovate this historic building

ProposalFinancialSustainability

Yes

ProposalFinancialSustainabilityOperations

FundingSources

TIF Nebraska Historic Tax Credit Owner Equity

FundingSourcesPendingDecisions

TIF funds have been allocated from the City of Omaha. Historic Status has been applied for and credits have been allocated.

FundingSourcesCannotContinue

Owner Equity

Scalability

This project is small to where it cannot be broken down into smaller components.

ScalabilityComponents

FinancialCommitment

LT Butler Engineers will continue to support this building until project completion

ARPAComplianceAcknowledgment

1.0

ARPAReportingMonitoringProcessAck

1.0

LB1024FundingSourcesAck

1.0

PublicInformation

1.0

FileUploads

Additional Location Documents (see application for list) Documentation of site control (proof of ownership, option, purchase contract, or long-term lease agreement) Plans and detailed descriptions, including pictures and a map of the site location/surrounding area Pro Forma Proposal Budget/Sources and Uses