Steve Burbach OWH wrote: The development would take up all of an oddly shaped block bounded by Leavenworth Street on the south, St. Mary's Avenue on the north, 30th Street on the east and 31st Street on the west.
Held proposes to build a market-rate apartment building with 178 units, plus a clubhouse and a commercial bay, according to documents on file with the City of Omaha.
The building would be six stories high along St. Mary's Avenue and five stories high along Leavenworth. It would have 171 off-street parking spots, some in an underground garage.
Certainly sounds to me like another amazing development opportunity for the Park Street corridor.
Wow, this will be Great! I drive that stretch every day and always think how great if that piece was re-developed!
Urban Village was a huge kick start for this area and I can't wait to see more of this type infill in the area. There is so much potential in that area.
Nice to see Dial Reality getting in on the urban development game too. I think it shows a lot about the urban market when suburban developers like Lanoha and Dial are looking to get some skin in the game.
Wow, this is another fantastic announcement. With the rate work is picking up here, the next few years are going to really transform this area. Midtown Crossing is really justifying itself in kicking off the redevelopment of Midtown, which in turn inspired Urban Village, who secondarily is now driving a third wave of reinvestment. It would be hard to deny it's passed critical mass.
I was surprised at the heights proposed; it's going to be a substantial building, comparable to Spaces, or some of the buildings going up in Old Market.
Urban Village has purchased the property from Dial Realty. Dial is still doing work on other projects in the neighborhood, but this project is moving forward with Urban Village as the developer.
Urban Village has purchased the property from Dial Realty. Dial is still doing work on other projects in the neighborhood, but this project is moving forward with Urban Village as the developer.
Interesting. U/V hasn't built much new construction, especially on that scale.
Urban Village has purchased the property from Dial Realty. Dial is still doing work on other projects in the neighborhood, but this project is moving forward with Urban Village as the developer.
Interesting. U/V hasn't built much new construction, especially on that scale.
As the number of attractive rehab candidate apartment buildings are decreasing in the part of midtown that U/V is focusing on, I expect they'll branch out into more new construction. They own quite a few empty lots now, and are currently building a three-unit townhouse at 31st and Marcy.
This is definitely a bigger scale than anything they've done in the area so far, though. So far everything they've done has turned out well, though, so I'm excited to see how this one goes.
I didn't get a picture, but driving past this morning, I saw the excavator sitting there, and Nando's tires is clearly vacated. It is really going to be exciting to see this property developed.