- Lockwood Development wants to redevelop a mall at 42nd and Center into apartments and offices
- Mall tenants fear displacement and a struggle to find affordable alternative spaces
- The project needs Planning Board and City Council approval to qualify for tax increment funding
BROADCAST TRANSCRIPT:
OMAHA, Neb. (KMTV) – Developers are planning to redevelop a mall at 42nd and Center in Omaha, converting it into apartments and office spaces, but tenants and neighbors are raising concerns about displacement and affordability.
Lockwood Development is behind the project. A lawyer representing the company says the area would need to be designated a community revitalization area before the project can move forward…