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Omaha council approves Saddle Creek mixed-use redevelopment with $9M TIF amid neighborhood objections
Summary
After extended public testimony, the City Council approved rezoning and a tax-increment financing request for the Saddle Creek Market redevelopment—a five‑phase, market‑rate project that includes 223 residential units—while neighbors and council members pressed developers on affordable housing, parking and community engagement.
Council President Brinker opened a lengthy public hearing before the council approved rezoning and a redevelopment plan that includes a $9,005,590 TIF request for the Saddle Creek Market project.
Bob Griffith, the applicant’s attorney, told the council the proposal is a five‑phase mixed‑use redevelopment with about 223 market‑rate apartments, roughly 60,000 square feet of large‑format retail space and up to $1,000,000 in public improvements such as sidewalks and landscaping. "The ROI inclusive of TIF and EEA is only about 3 and a half percent," Griffith said, arguing that the project would not move forward "but for" TIF and EEA support.
Developer Mitch Holen described plans for two levels of buried parking, new storefronts and a phased…
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