A new Walmart store in Council Bluffs is one step closer to being built.
The City Council Monday voted 4-0 to approve development plans for a Walmart Supercenter in the 1700 block of North 16th Street in the Northway Shopping Center.
Council member Lynne Branigan was out of town and missed Monday’s meeting.
The next step is a council vote on the financial aspects of the project negotiated between the city and the company — $3.5 million in tax increment financing over a 12-year period.
“I think everybody is on board with that,” City Attorney Richard Wade said after the meeting.
Walmart will demolish several buildings on the site before construction starts late this year or in early 2013, a spokesman said. The store, with 186,528 square feet, is expected to open in the first half of 2014.
The store would be the city’s second Walmart and slightly smaller than the one at Manawa Power Centre.