City pulls incentives for Crossroads redevelopment

Posted at 7:44 AM, Aug 18, 2017
and last updated 2017-08-18 08:44:45-04

Thursday night, the future Crossroads redevelopment plan hit a wall after the City of Omaha pulled incentives to the developer. 

Mayor Jean Stothert said developer Rod Yates presented a deficient application for tax increment financing, for the project at 72nd and Dodge and missed a key deadline. 

In a letter to Yates, city attorney Paul Kratz said if Yates submits completed applications, the city might re-visit the incentives.