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LT Butler Engineers
4809 NW Radial Highway Omaha, NE 68104
www.LTButler.com
Restore North Omaha - Facebook, LT Butler Engineers - Facebook
Lawrence Butler
Owner/ Managing Member
Lawrence@LTButler.com
+1 (402) 960-8557
Yes
Spark – Funder American National Bank – Funder MCL – Proposed G.C. Woods Aiken – Legal Brad Gross, Gross LLP – Project Accountant Natasha Partridge-Butler, Pear Tree Performing Arts - Theater Advisor
LT Butler Engineers is a one man engineering firm that has experience in developments associated with 16th Street. We put the right team members to make developments an asset to the community where no one sees any value in existing buildings or land.
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 Engineer, Developer & Owner on this project (See interior Photo) 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 Architect, Engineer, Owner and Developer on this project.
The Renovation of the Historic Corby Theater and Upper Apartments addition
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20000000.0
Capital project
The Corby theater is located at 2801 N. 16th Street. Currently the building is abandoned and in need of repair. The renovation of the Historic Corby Theater will consist of renovation of 10000SF of Theater which includes 3 separate storefronts along historic 16th street. This also includes a 4 story upper level addition that is approximately 28,000SF. This will include approximately 40 affordable units. (see Corby Theater Rendering). Site control is being worked on at time of submission is should be obtained within 2 months. After site control is obtained, it is anticipated that remaining funding and design will be complete in March 2024. Building Permits will be scheduled for May 2024. Construction will be done in 2 phases. Phase 1 will be the renovation of the theater which is anticipated to take approximately 10 million dollars. Phase 2 will be the upper addition of the apartments which will be another 10 million
After site control is obtained, it is anticipated that remaining funding and design will be complete in March 2024. Building Permits will be scheduled for May 2024. Construction will be done in 2 phases. Phase 1 will be the renovation of the theater which is anticipated to take approximately 10 million dollars. Phase 2 will be the upper addition of the apartments which will be another 10 million
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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)
Multimodal Transportation (i.e., enable connectivity through driving, biking, taking transit, walking, and rolling) Other Infrastructure (i.e., develop or improve broadband, business districts, roadways, sewer, 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.)
We believe the renovation of this historic building be an anchor to spur development along 16th street and cement this area as a viable development area. The outside space will be lighted to create a beautiful atmosphere to promote a safe area.
– Land Use. - Restoring Vacant Building, Strategic Development of vacant building along 16th Street to connect downtown Corridor, Historic Building, Creating opportunities by providing Solar on Rooftop of older buildings and making them energy independent. Create beautiful landscaping areas to promote walking areas. Creates 30+ affordable units in an area that needs it.
The renovation of the Historic Corby Theater and Apartment building at 2801 N. 16th Street is in census tract 12.00, which is a qualified census tract. This development will be a beacon and an anchor for development for 16th street which is a main corridor. This development will have 3 retail spaces that will be offered to businesses that cater to the north Omaha area. It will also provide affordable housing to an area that needs it.
It is estimated that a part time general labor position will be needed and 150 construction jobs will be created. The anticipated renovation payroll is between $12,000,000 and $15,000,000. It is estimated that the running of the theater along with adding affordable housing above will create 30 full time positions and 12 part time positions will result from this renovation at an estimated wage of $20.00/hour.
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We have contacts with minority owned construction contractors such as Blair - Freeman, Davis Construction located on 20th and Florence Boulevard. Also we will give preference to business that service North Omaha.
The Renovation of the Corby Theater would be another historic commercial that will be saved and redeveloped to and adaptive use along 16th street to be an anchor in this area. This is in conjunction with developments along 16th and Binney streets to connect these areas to make beautiful, walkable, safe areas where the community can feel proud to walk and gather in these areas. This promotes community sustainability by not demolishing old and dilapidated buildings but promoting adaptive reuse to rebuild trust between communities and community leaders.
Instead of demolishing old buildings, not only will this be redeveloped but will use 50% of electrical energy from rooftop solar power with 300 panels and a 16 hour battery. It can be a beacon that the Solar tax Credit can bring great value to older buildings in need of new roof.
Outcome Measurement would be Continued development in this area. Improves Commercial building stock in this area as an opportunity rather than needs to be torn down.
This measurement can be seen from the community and from City of Omaha to make bigger developments in this area.
Yes. This would be a huge visibility project that would stamp this area as viable.
Yes
Spark – Jamie Berglund, American National Bank – Brian Anderson, Blair – Freeman Maranda Adams, Davis Construction – Julius Davis, Gross LLP, Brad Gross CPA, Woods Aiken – Mike Matcheka – Real Estate Attorney, Natasha Partridge-Butler, Pear Tree Performing Arts, Artistic & Theater Consultant
We do not have an official MOU, but have close working relationships with these business and have work with these business in the past sucessfully.
No
2801 N 16th Street which is located in Census Tract 12.00.
Within one or more QCTs
Yes
No
Yes
No
No
Costs were determined based on price per unit to develop affordable housing last year and cost per square foot price based on previous developments done.
No
The dollar amount represents the development costs associated with the project
Grant funds will be used for acquisition, design and construction for this project.
Yes
Other expected funding sources are: TIF Historic Tax Credit New Market Tax Credit City of Omaha Housing and Community Development Grant LIHTC
Once Site control is obtained. We will push forward with obtaining these funding request
The project can be completed in Phases, Site Acquisition, Phase 1 and Phase 2
LT Butler Engineers will provide financial support to help acquire the building and any additional financial support as needed.
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Additional Location Documents (see application for list) Plans and detailed descriptions, including pictures and a map of the site location/surrounding area Pro Forma Proposal Budget/Sources and Uses