The City of Omaha has extended a deadline for a major downtown development project.
White Lotus Group was on a tight timeline to show substantial progress in redeveloping the former site of the Civic Auditorium or the city will attempt to buy back the property, a move allowed under the contract with the developer.
Under a contract signed in 2022, White Lotus was required, through its best efforts, to complete installation of at least 50% of the project’s public infrastructure within 18 months of closing on the property in the fall of 2023…