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Council to consider lease allowing LEED to run downtown incubator at 500 Broadway

City of Lincoln Committee of the Whole · September 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council will consider placing a draft lease on the regular agenda to let Lincoln Economic Advancement and Development Inc. (LEED) run an economic-incubator space at 500 Broadway with no monthly rent charged to LEED, staff said.

City leaders discussed a draft lease to locate Lincoln Economic Advancement and Development Inc. (LEED) at 500 Broadway as a downtown business incubator and one-stop resource for new and small businesses.

Mayor Tracy L. Welch said early discussions indicated LEED would be a good fit to staff and operate the incubator function. Staff proposed removing a $150-per-month rent charge so LEED…

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