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2827 N. 16th Street Omaha, NE 68111
7417 S. 48th Street Lincoln, NE 68516
Elton & Connie Edmond
Owners
EdmondEC88@gmail.con
+1 (402) 430-6045
No
16th Street Building Rennovation
1667500.0
1617500.0
Capital project
We propose to completely renovate the commercial building located at 2827 N. 16th street for business use. The renovation will update the building and attract retail businesses, offices, or housing in the area and help promote a healthy and thriving community in the area. The building is a staple in the Neighborhood and is located on the corner of 16th and Locust in a high traffic area. It's in close proximity to the airport, downtown, Creighton Univeristy etc.
November 2022 - Approval of Grant November 2022 - Obtain Assessment and Design Nov/Dec 2022 Create preliminary budget Dec2022/Jan 2023 Hire a Contractor Feb/March 2023 Start renovation March 2024 Project Complete
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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) 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)
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.)
The proposal to renovate the building on the corner of 16th & locust and resurface the parking lot to have it available for commercial and retail use. It will address community needs as follows: 1. There is a gap in investment in existing buildings and infrastructure. This proposal will be an investment in an existing building and help close that gap. 2.There is a lack of commerical and retail businesses in the community. The renovation of this building will provide an opportunity for retail businesses in the community. 3. There is a lack of thriving businesses. The renovation of this building will provide a space for thrving businesses in the community. 4. There is a lack of updated and safe buildings. The renovation of this building will provide and updated and safe business for consumer and cleint safety experience. In summary, thriving businesses provide services to the community and creates a positive impact as an investment in the people of the community. It also allows businesses to partner with the community and assist with financial support. This will help energize, recharge the community and greatly impact the quality of life.
The proposal to renovate the building on the corner of 16th & locust to have it available for commercial and retail use will address community needs as follows: 1. There is a gap in investment in existing buildings and infrastructure. This proposal will be an investment in an existing building and help close that gap. 2.There is a lack of commerical and retail businesses in the community. The renovation of this building will provide an opportunity for retail businesses in the community. 3. There is a lack of thriving businesses. The renovation of this building will provide a space for thrving businesses in the community. 4. There is a lack of updated and safe buildings. The renovation of this building will provide and updated and safe business for consumer and cleint safety experience. In summary, thriving businesses provide services to the community and creates a positive impact as an investment in the people of the community. It also allows businesses to partner with the community and assist with financial support. This will help energize, recharge the community and greatly impact the quality of life.
LB 1024 Economic Development has a strategy to stimulate economic recovery and development in census tracking areas that were disproportionately impacted by Covid 19. Renovating this building will greatly increase economic viability and be a catalyst to attract more businesses to the area.
Approximately 60 jobs with average wages of $24-$65 per hour.
~20-50
~75-120
$25-$50 per hour
Advertise and recruit talent from within the area. Request contractors hire and partner with sub contractors within the area.
1. Greater Community Involvement of Business Owners Volunteer work, charitable donations, or participating in community festivals and events are all common for small business owners. 2. Increase Community Economic Health Local businesses tend to support other local businesses. An area eatery may need cleaning services, legal assistance, or an accountant to reconcile bills and process payroll. Many times, a localized company will deliberately patronize other local businesses to create a thriving local economy. Bolstering sales of their friends and neighbors creates strong community bonds and keeps money in the community, instead of sending it to corporate shareholders. Shopping local also means creating more jobs in the community. These local workers will spend their money in town, promoting the economic cycle. Additionally, employees of small businesses tend to be happier ―70% of small business employees reported their happiness level to be a 5 or higher on a scale of 1 to 10. 3.Promote Environmental Friendly Many locally owned businesses are part of an overall downtown revitalization process. Older downtown buildings have been remodeled and repurposed for different businesses, and the structures themselves don’t typically lend themselves to a big box retailer occupant. These smart growth places also reduce environmental damage from the new building projects, especially multi-acre corporate warehouse stores with enormous parking lots. A compact building can also help protect ecologically sensitive areas of the community and reduce urban blight common in downtown areas where shopping malls have taken over. The Environmental Protection Agency (EPA) has reported that clusters of small businesses in a walkable area, or near residential areas, may reduce car usage and encourage biking and walking for shoppers. Areas of the city designed for walking and outdoor shopping help reduce emissions from vehicles, improving the air quality. Traffic congestion is lessened, making the streets safer and a better experience for those driving in the community. Small business owners looking for a storefront can take advantage of older, historic buildings that give a sense of charm and uniqueness to their shop. Additionally, 66.3% of small business owners use recycled materials. Protecting the environmental health of your community is an indirect way that small businesses can improve their towns. 4. Encourage Entrepreneurship A community with successful small businesses inspires others to take that leap and develop their own passion. Starting a small business means that the owner is taking charge of their future through innovation and prosperity. Other like-minded individuals may follow suit, seeing the success of small businesses. In towns where business regulations and tax credits are beneficial to small businesses, it’s easier for those with drive and perseverance to succeed. 5. Create Local Jobs According to the U.S. Small Business Administration’s August 2017 Small Business Quarterly Bulletin, small businesses have created two out of every three net new jobs since 2014. This is more than most people would think, but every local job that’s created means that more people are able to stay in their community. An overwhelming majority of people leave small towns and mid-sized cities for better job opportunities. A city with a thriving small business environment encourages people to stay, making it economically feasible to do so. Local workers may shop locally, as well, maintaining the cash flow throughout a town. Rather than commuting to a neighboring city, people are able to work closer to home, improving the quality of life for many. Many people choose to shop and dine near their workplace; for those working in their own town, this may mean running errands in local shops, grabbing lunch or after-work drinks at a local pub or eatery, and patronizing local shops for clothing or hobby supplies. Money stays local and the community vibes.
1. Greater Community Involvement of Business Owners Volunteer work, charitable donations, or participating in community festivals and events are all common for small business owners. 2. Increase Community Economic Health Local businesses tend to support other local businesses. An area eatery may need cleaning services, legal assistance, or an accountant to reconcile bills and process payroll. Many times, a localized company will deliberately patronize other local businesses to create a thriving local economy. Bolstering sales of their friends and neighbors creates strong community bonds and keeps money in the community, instead of sending it to corporate shareholders. Shopping local also means creating more jobs in the community. These local workers will spend their money in town, promoting the economic cycle. Additionally, employees of small businesses tend to be happier ―70% of small business employees reported their happiness level to be a 5 or higher on a scale of 1 to 10. 3.Promote Environmental Friendly Many locally owned businesses are part of an overall downtown revitalization process. Older downtown buildings have been remodeled and repurposed for different businesses, and the structures themselves don’t typically lend themselves to a big box retailer occupant. These smart growth places also reduce environmental damage from the new building projects, especially multi-acre corporate warehouse stores with enormous parking lots. A compact building can also help protect ecologically sensitive areas of the community and reduce urban blight common in downtown areas where shopping malls have taken over. The Environmental Protection Agency (EPA) has reported that clusters of small businesses in a walkable area, or near residential areas, may reduce car usage and encourage biking and walking for shoppers. Areas of the city designed for walking and outdoor shopping help reduce emissions from vehicles, improving the air quality. Traffic congestion is lessened, making the streets safer and a better experience for those driving in the community. Small business owners looking for a storefront can take advantage of older, historic buildings that give a sense of charm and uniqueness to their shop. Additionally, 66.3% of small business owners use recycled materials. Protecting the environmental health of your community is an indirect way that small businesses can improve their towns. 4. Encourage Entrepreneurship A community with successful small businesses inspires others to take that leap and develop their own passion. Starting a small business means that the owner is taking charge of their future through innovation and prosperity. Other like-minded individuals may follow suit, seeing the success of small businesses. In towns where business regulations and tax credits are beneficial to small businesses, it’s easier for those with drive and perseverance to succeed. 5. Create Local Jobs According to the U.S. Small Business Administration’s August 2017 Small Business Quarterly Bulletin, small businesses have created two out of every three net new jobs since 2014. This is more than most people would think, but every local job that’s created means that more people are able to stay in their community. An overwhelming majority of people leave small towns and mid-sized cities for better job opportunities. A city with a thriving small business environment encourages people to stay, making it economically feasible to do so. Local workers may shop locally, as well, maintaining the cash flow throughout a town. Rather than commuting to a neighboring city, people are able to work closer to home, improving the quality of life for many. Many people choose to shop and dine near their workplace; for those working in their own town, this may mean running errands in local shops, grabbing lunch or after-work drinks at a local pub or eatery, and patronizing local shops for clothing or hobby supplies. Money stays local and the community vibes.
Revitalizing this area will encourage others to be innovative in participating in building up and developing this area.
HOPE! For better opportunities to become educated, obtain better paying jobs that are career oriented, and improving the quality of life for residents and their families.
They will be measured by the people in the community whoms standard of living has improved by the investment in life and activity in their community. It can be measured by people and business moving in, not out. New jobs for people within their community and a catalyst for continue change.
Yes, always looking for ways to unite a community through partnership.
Yes
Con Eddy Corp
No
2827 N. 16th Street Omaha, NE. Two story commercial building with parking lot, that was previous used as a business on the main level and rental space on the upper level.
Within one or more QCTs
Not available at this time.
Yes
Yes
Yes
No
No
By the meeting with Olson Consulting team estimating renovations cost per square foot and then a cushion for overages.
Yes
$400 per square feet for renovations and a 25% allowance for overage.
The funds will be used to invest in the building to do a complete renovation.
Yes
The building will be able to sustain itself with positive cash flow from rental and lease activites.
No other funding sources.
No other funding sources.
Yes
Can provide with consultatin of engineers, designers and contractors.
We commit to general maintenance and repairs while proposal pending and cost to obtain an engineer, architect and design consultants. $50,000.
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