City Council Gives Go Ahead For Tax Increase In Blackstone District

Blackstone patrons will see an increase in their restaurant and bar bills. 

On Tuesday, the Omaha City Council approved a tax plan that will provide money to a renovation project at the Blackstone Hotel. The enhanced employment area raises occupation taxes in the neighborhood along Farnam Street. 

The plan raises the taxes nearly 2% on all food, drinks and retail sales in the neighborhood. In addition to the food and drink tax, a $120 per apartment per year fee will be added, plus a tax of 25 cents per square foot of commercial office space and 3% of hotel revenues in the district.

The tax increase will help pay for about $22 million worth of renovations on the historic Blackstone Hotel at 36th and Farnam, a project that could take up to 30 years, although developers hope to have it done in 15. The council also approved $7.8 million in tax-increment financing for the hotel project.

The tax proposal is similar to ones being utilized to help pay for the Capitol District downtown and Topgolf project near Westroads Mall.


Content Goes Here