The City Council on Monday approved a $5.3 million deal to buy and demolish the former John Wooden School of Basketball building in downtown Omaha, and the building will be used as a residential building.
The city is working with the private developer, the New Castle County Property Owners Association, on the demolition project.
Councilwoman Rebecca DeGraffenreid, who represents the area around the building, said she hopes to bring the building back to life.
“It’s a real gem of an area, and we’re looking to bring it back to its former glory,” she said.
“This is not a one-time project.
This is a long-term project.”
The building was once home to a local basketball team.
The NBA has had several buildings converted into apartment complexes.
In January, the city demolished the building to make way for a new building at a nearby shopping center.
The demolition of the basketball arena also prompted the demolition of another former basketball arena in Omaha, the B.W. Murphy Arena.
That building, which was converted to condos, is now home to the Omaha-based Westside Community Center.