The Square at 48: Schafer Richardson’s First Project in Lincoln, NE
Posted Under: Uncategorized
In Fall of 2016, in partnership with Greenleaf Properties, a Lincoln-based commercial real-estate firm, Schafer Richardson began construction on The Square at 48, a mixed-use development in Lincoln, Nebraska. The site is located on the east side of Lincoln, near the University of Nebraska-Lincoln’s East Campus and Wesleyan University. We believe this area of Lincoln is ripe for new development and we are excited to be building a Class A project on the site! We are hopeful this will continue to spur quality developments on the east side. The project includes over 20,000 SF of first floor commercial/retail space and 98 units of market rate multifamily housing on the four floors above. Residential units are a mix of studios, one-bedrooms, and two-bedrooms. On-site amenities will include a 24-hour fitness facility, secured bike storage, and an indoor/outdoor community club room on the fifth floor. The construction schedule is approximately 12 months with move-ins beginning in late summer/early fall of 2017.
The project team includes Sampson Construction (General Contractor), Studio951 (Architect), Clark Enersen Partners (Landscape Architect), i.e. Design (Interior Designer), Lund Company (Residential Leasing and Property Manager), and Greenleaf Properties (Commercial Leasing and Property Manager). The project is also receiving TIF financing from the City of Lincoln.