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MegadealsSubsidy 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 (Archived)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.