North Platte seeks $3.3M bond to revitalize mall with new apartments and retail space

The North Platte City Council meeting on January 21, 2025, spotlighted a significant proposal to enhance the local mall, with plans for a $3.3 million bond increase aimed at revitalizing the underutilized backside of the facility. Mike Wirks, representing the redevelopment initiative, outlined a vision that includes the construction of a mixed-use building featuring 71 new apartments, addressing a pressing need for housing in the community.

Wirks emphasized the success of previous investments, noting that over $70 million in new projects have already transformed the mall's west side. However, he acknowledged the challenges in attracting retailers to the less developed areas, particularly behind the JCPenney store. Currently, there are negotiations with a regional discount retailer, and interest from various other businesses, including a hardware store and a pet store.

The proposed bond increase is not merely a request for funds; it is tied to specific improvements and compliance with existing agreements. Wirks clarified that the funds would not be immediately accessible but would be drawn upon as projects are completed and expenses certified. This ensures accountability and a structured approach to redevelopment.

In addition to the mixed-use project, the plan includes immediate infrastructure improvements, such as filling potholes and enhancing the stormwater system, which is crucial for effective drainage around the mall. A portion of the bond would also be allocated to the city for these stormwater improvements.

Council members expressed strong support for the initiative, with one member highlighting the importance of ensuring that the redevelopment contract includes clear timelines and commitments for the various projects outlined. The council's approval of the bond increase is seen as a critical step toward revitalizing the mall and preventing it from falling into disrepair.

As discussions continue, the council is poised to make decisions that could significantly impact the future of North Platte's retail landscape, with the potential for new jobs and improved community amenities on the horizon.