News
May 6, 2025

Kearney Chamber Building Demolished to Make Way for New Development

Caroline Raffetto

The demolition of the former Kearney Area Chamber of Commerce building marks the end of an era for the city, making way for new opportunities and development in the heart of Kearney. Located on 2nd Ave. East, the building had been a prominent landmark for many years before the Chamber of Commerce moved to its new location on the south side of town.

In 2023, the Kearney Chamber sold the property to Western Nebraska Bank for $1.3 million, and since then, the area has seen a significant increase in property valuation. The building’s valuation rose by nearly $560,000 from 2024 to 2025, reflecting the growing demand for real estate in the area. The entire parcel, including the land, is now taxed at over $1.2 million, with the property spanning over 30,000 square feet.

As the building comes down, the community is left wondering what the future holds for this prime piece of real estate. The highly visible location on 2nd Ave. East presents a unique opportunity for redevelopment, and the owners of the property have yet to reveal their plans. Whether it’s a new commercial venture, mixed-use development, or something entirely different, the demolition signals the beginning of a new chapter for this area of Kearney.

For now, the community waits to see what direction Western Nebraska Bank will take with the property, as it could shape the future of this bustling section of town. The demolition not only signifies the end of a long-standing structure but also marks the potential for future growth and transformation in Kearney.

Stay tuned for updates on the future of this property, as local officials and developers look toward new projects that will define the next phase of Kearney's development.

Originally reported by News Channel Nebraska.

News
May 6, 2025

Kearney Chamber Building Demolished to Make Way for New Development

Caroline Raffetto
Construction Industry
Nebraska

The demolition of the former Kearney Area Chamber of Commerce building marks the end of an era for the city, making way for new opportunities and development in the heart of Kearney. Located on 2nd Ave. East, the building had been a prominent landmark for many years before the Chamber of Commerce moved to its new location on the south side of town.

In 2023, the Kearney Chamber sold the property to Western Nebraska Bank for $1.3 million, and since then, the area has seen a significant increase in property valuation. The building’s valuation rose by nearly $560,000 from 2024 to 2025, reflecting the growing demand for real estate in the area. The entire parcel, including the land, is now taxed at over $1.2 million, with the property spanning over 30,000 square feet.

As the building comes down, the community is left wondering what the future holds for this prime piece of real estate. The highly visible location on 2nd Ave. East presents a unique opportunity for redevelopment, and the owners of the property have yet to reveal their plans. Whether it’s a new commercial venture, mixed-use development, or something entirely different, the demolition signals the beginning of a new chapter for this area of Kearney.

For now, the community waits to see what direction Western Nebraska Bank will take with the property, as it could shape the future of this bustling section of town. The demolition not only signifies the end of a long-standing structure but also marks the potential for future growth and transformation in Kearney.

Stay tuned for updates on the future of this property, as local officials and developers look toward new projects that will define the next phase of Kearney's development.

Originally reported by News Channel Nebraska.