Construction is scheduled to begin in April 2013 on the Dundee Business District.
The $2.5 million renovation plan has been in the works for the past three years. Omaha City Councilman Pete Festersen says the plan is now in its final stages.
He says there will be a final public meeting on Tuesday, October 9th for merchants and residents to give input on the project. Festersen says attendees will have the opportunity to review the major elements of the plan.
The Omaha City Council is scheduled to vote Tuesday on a tax increment financing district in the area surrounding TD Ameritrade’s new headquarters.
The headquarters is in Omaha’s Old Mill area, south of 114th and Dodge Streets. TD Ameritrade officials say the TIF is needed for five-million dollars worth of infrastructure improvements. City Councilmen previously declared the area blighted.
Douglas County Commissioners oppose the TIF district, saying the revenue will only benefit the city of Omaha.