Lincoln, Neb. — 585 beds downtown will use TIF.
Lincoln, Neb. — The JournalStar in Lincoln is reporting that CA Ventures, formerly Campus Acquisitions, and the Argent Group have formed an LLC to develop a 585-bed community in downtown Lincoln, next to an historic building that used to house the Gold and Company department store. The city council has approved an agreement, which requires tax increment financing to ensure strict guidelines on the exterior of the building as well as landscaping and energy usage. The development will include ground-floor retail, a pool and a parking garage.