er product. Sometimes you’re sitting on
it for several months before you actually
sell it or transfer it to a customer. A foreign
trade zone allows the company to defer the
payment of those duties until such time
as they essentially have an order for their
product. … This building where Precision
will be is only part of the area that can be
used as a foreign trade zone.
So what’s going on downtown?
Downtown Lincoln has been the heart of
the community for 150 years, and we’re
very fortunate to have historic buildings
that have stood the test of time. One of the
more prominent ones is the Odd Fellows
building. The building on Fifth Street
was recently purchased for Double Bar-
rel Smokehouse, a very popular barbeque
in Lincoln, which relocated [there]. They
just opened. Another historic building
on Lincoln Boulevard and Sixth Street
— the former Lincoln Hotel — is being
completely renovated and will be the new
home for Old Town Pizza, a very success-
ful locally owned pizza restaurant. Down
Lincoln Boulevard, the long brick building
called Lincoln Brand Feeds, that build-
ing is in the process of being acquired.
Each of these properties had been owned
by their previous owners for decades. …
When new owners come in, they come in
with new investment, new ideas about
what to do with the properties and, quite
frankly, a lot of motivation. With those
three properties changing hands, all
within the last year, that’s a great signal
for investors’ confidence in Lincoln and
the downtown.
Is Lincoln dealing with a lack of afford-
able housing?
ple impacted by the fires, especially the
Camp Fire. But we’re definitely seeing
former Bay Area residents relocating out
here. The housing product being built in
Lincoln, or that’s on the books right now,
most of it is single-family. But our general
plan requires higher densities, and part of
the reason is so housing affordability can
be maintained — higher density usually
results in relatively lower costs. So that’s
a priority for the city to make sure we’re
achieving higher density in development
to help with affordability. n
Sena Christian is the managing editor of
Comstock’s. On Twitter @SenaCChristian
or senachristian.com.
There’s a tremendous lack of affordable
housing. It’s the same in Lincoln as it is
everywhere else in the region. Interest-
ingly, we’re seeing a large influx of peo-
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April 2019 | comstocksmag.com
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