Affordable housing and a new park are coming to the Haymarket.
Speedway and Nelnet propose a new development that includes 194 market rate-apartments and first-floor commercial retail and restaurant space.
Speedway Motors General Partner Clay Smith says it is another example of an effective public private partnership.
The 10-acre project area, Blocks 4 and 5, is south of O Street and west of Canopy Street.
Mayor Beutler says the new development will build on the economic success of the West Haymarket and extend it south.