Subsidy Tracker Individual Entry

Company: 
Nebraska Crossing LLC
Parent Company: 
Nebraska Crossing Outlets
Subsidy Source: 
multiple
Location: 
Nebraska
City: 
Gretna
Project Description: 

redevelopment of shopping mall

Year: 
2013
Major Industry of Parent: 
real estate
Specific Industry of Parent: 
real estate
Subsidy Value: 
$57,400,000
Program Name: 
multiple
Awarding Agency: 
Gretna City Council
Type of Subsidy: 
MEGADEAL
Capital Investment: 
$112 million
Source of Data: 

The subsidy details and investment amount come from: "Cost analyis completed for Nebraska Crossing," Gretna Breeze, March 6, 2013.

Notes: 

Nebraska Crossing LLC, a vehicle for Omaha's Century Development and Arizona-based OTB Destination, got approval for public financing for the construction of a new and more modern mall to replace the 1990s-era Nebraska Crossing. The $57.4 million package approved by the city council included: $12.8 million in tax increment financing; up to $14.3 million in sales tax rebates; up to $26.2 million from an occupational tax on retail businesses in the development; and a $4.1 million direct investment in the project by the city. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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