95
2406 Ames Avenue & 4514 N. 24th Omaha, NE
7417 S. 48th Street Lincoln, NE 68516
Elton Edmond
Owner
EdmondEC88@gmail.com
+1 (402) 430-6045
No
24th & Ames Economic Development
6750000.0
6750000.0
Combination of capital project and service/program
We propose to develop the corner of 24th & ames with as follows: Build a building with retail shops on the main floor and apartments, offices on the upper floors.
We anticipate complete by December 2025 upon approval of grant funds.
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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)
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 is in its initial stage; however with this property located on the corner of 24th & Ames, it can be utilize to address the community needs of sustaining the community with housing and retail businesses.
This proposal aligns with the visioning workshop as follows: Leverage existing land for construction to attract other investments in the community. Have thriving businesses in the community. Address affordable housing needs.
This proposal aligns with LB1024 as it will address developing, attracting, and maintaining businesses in North Omaha and in QCT areas.
This development will have the potential of creating 75 - 250 temporary and permanent jobs.
Estimating 75 - 100
Estimating 100 -250
Hourly $20 -$50. Salaried $55,000 - $100,000
We would be initially about hiring contractors and workers within the area. We would encourage contractors outside of the area to hire sub contractors within the QCT.
Create a unique community identity Create community involvement of business owners Increase community Economic Health Increase local tax base Create local jobs
This proposal contributes to community sustainability by: Creating local jobs which encourages people to stay and move to the area. Increase local tax base which will circulate back into the community. Provide affordable housing to allow people to work and live in the community.
This would encourage others to utilize existing vacant lots for commercial and housing needs.
Create new jobs, opportunities for employers to offer educational benefits.
The would be measured by the number of new businesses in the QCT, the number of new jobs, and the number of housing units developed.
Yes, as the plan for completing the project is still under development and we would be open to investors.
Yes
We would be open to partnering with other organizations.
No
2406 Ames Avenue & 4514 N. 24th Street are both empty lots which at one time had large buildings that housed long standing businesses that served the community.
Within one or more QCTs
Yes
No
Yes
No
No
Just ball parked
No
The dollar amount is an ball park as we are just exploring the idea and will be working with contractors, designers, and architects once grant funds are approved. The proposal timeline did not allow for us to obtain any defined numbers.
It will be used for the architect, design, management, and construction of this project.
Yes
Following the initial investment the building would be sustainable with tenants and potentially outside investors.
None at this time. Would appreciate any other recommendations for resources.
Not anticipating other funding sources
No
Yes
Anticipating that the design and architect personnel can address the components.
To maintain the lots and contribute to the initial cost for the design and architect.
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1.0
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