Developers announced Thursday that a Hyatt Place Hotel is coming to Lincoln, just one block from the Pinnacle Bank Arena at P and Canopy Streets.
Construction is under way, and the project is expected to be completed by January 2014.
A Hyatt Place is also to open in Omaha’s Old Market in 2014.
In Lincoln, WRK Real Estate LLC, the lead developer, said the hotel lobby will be located on the first floor of the stand-alone, seven-story building, with 111 rooms occupying the second through fourth floors. Floors five through seven will be occupied by 29 luxury condominiums, named “Hobson Place.”
The project, designed by Lincoln’s Sinclair Hille and Encompass Architects, will be located on Canopy Street, Lincoln’s newest downtown development area and designed to be an arts and entertainment hot spot. The site of the hotel is adjacent to the Railyard, a planned entertainment district.
Launched in 2006, Hyatt Place caters to business travelers as well as leisure guests and families. The hotels also serve small meetings and events.
— Paige Yowell
Operations to shrink at Norfolk postal center
The U.S. Postal Service’s financial challenges are hitting home in Norfolk, Neb.
The service’s mail processing center at 1100 S. Pine St. was initially proposed to be closed as of May. Then it was pushed back to sometime in 2014.
But earlier this week, postal workers in Norfolk were informed that the center now is slated for a drastic scaleback in operations this summer, possibly by late July.
Brian Sperry, regional spokesman for the U.S. Postal Service in Denver, said the Postal Service’s “dire financial condition” prompted the decision to close 55 regional mail processing centers already this year instead of in 2014.
“Given the decline in mail volume, we must match our network with the demand,” Sperry said.
— World-Herald News Service
Wind farm’s expansion is still on
A bankruptcy filing by Edison Mission Energy will not keep Nebraska’s Broken Bow Wind Farm from expanding. Officials say they expect to have a new system of wind turbines up and running by the first part of 2014.
“We’re on target to break ground this summer — possibly as early as June,” said Mike Donahue, executive vice president of Midwest Wind Energy. “We are anxious to move the project forward so we can take advantage of federal tax credits.”
Midwest is the project developer. Edison built, owns and operates the wind farm.
Edison filed for Chapter 11 bankruptcy in December.
— World-Herald News Service
Nebraska Title faces penalty over pay
Federal officials say Nebraska Title Co. has agreed to pay $92,782 in overtime pay that was improperly denied to 24 workers.
The U.S. Department of Labor’s Wage and Hour Division announced the penalty Thursday. Regulators say Nebraska Title improperly classified its real estate closers as exempt from overtime.
The department’s Michael Staebell says workers aren’t exempt from overtime simply because they are paid a salary. These employees were working more than 40 hours a week in jobs that qualify for overtime.
Officials at Nebraska Title didn’t immediately respond to a message Thursday.
The company has offices in Beatrice, Lincoln, Omaha and Plattsmouth, and it is owned by Title Midwest of Topeka, Kan.