The line, scheduled for completion in 2027, is bringing billions in new investment to the city’s urban core.
Tax increment financing (TIF) revenue for projects along a future streetcar line in Omaha, Nebraska is outpacing projections, with $1.5 billion committed to four projects so far this year, reports Molly Hudson for KMTV 3 News Now. “Some of those include ‘The Beam’ - an apartment building next to the new Children’s Museum at the Riverfront and the Millwork Hotel.”
“But with just a few weeks left in the year, six projects remain on the 2024 list with investment but no name,” Hudson adds.
The Omaha Streetcar project broke ground in September 2023 and is scheduled for completion in 2027.
FULL STORY: Streetcar: 'Revenue that we projected is running far above what Municap projected'
Omaha Streetcar Predicted To Cover Project Costs
A third party analysis predicts that the revenue brought in by development along the proposed streetcar line would bring in sufficient revenue to cover initial costs.
Omaha Streetcar Breaks Ground
The city aims to bring back its once-extensive streetcar network.
Warren Buffett, Streetcar Skeptic
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Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
Understanding Road Diets
An explainer from Momentum highlights the advantages of reducing vehicle lanes in favor of more bike, transit, and pedestrian infrastructure.
New California Law Regulates Warehouse Pollution
A new law tightens building and emissions regulations for large distribution warehouses to mitigate air pollution and traffic in surrounding communities.
Phoenix Announces Opening Date for Light Rail Extension
The South Central extension will connect South Phoenix to downtown and other major hubs starting on June 7.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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