Omaha's streetcar project set to surpass $1.5 billion with new developments

The City of Council Bluffs, Iowa, held a study session on January 13, 2025, focusing on the ongoing development of the streetcar project and its financial implications. The meeting highlighted a projected investment exceeding $1.5 billion, with several additional projects anticipated to be announced soon.

City officials clarified that funding for the streetcar will not require a citywide property tax increase. Instead, the project will be financed solely through revenue generated from income-producing commercial and multifamily properties within a designated 6 to 7 block corridor. This approach ensures that only those directly benefiting from the streetcar will contribute to its costs.

The proposed streetcar route was discussed in detail, which currently extends to 30th Street, just short of 40th Street in the Blackstone area. The route includes a two-way operation on Farnham Street, with plans to connect various key locations. Officials noted that the initial plan to extend the route further was paused to avoid unnecessary infrastructure work, as the future direction of the streetcar is still under consideration.

The design of the streetcars was also presented, featuring vehicles manufactured by CAF, a Spanish company. Unlike similar systems in Kansas City that rely solely on overhead wires, the Council Bluffs streetcars will incorporate battery options, allowing them to operate both on and off wire.

Stop designs were showcased, emphasizing accessibility with low-floor boarding to accommodate all passengers. The meeting also addressed the aesthetic improvements planned for bridges along the route, with the Harney Street Bridge set to be the first to undergo reconstruction.

Additionally, the vehicle maintenance facility is being established in a surface parking lot south of the CHI Health Center, with preparations underway to finalize its entrance and layout.

Overall, the meeting underscored the city's commitment to advancing the streetcar project while ensuring financial responsibility and community benefit. Further updates and developments are expected as the project progresses.