Even Hotel (Omaha Hotel - 24th and Farnam)

iamjacobm · Post by **iamjacobm** » Sat Jul 26, 2014 6:46 pm

guitarguy wrote:Looks like an updated rendering in that article too.. looks way better imo! .. I think this location is a lot different than the hotel in NDT where it is still located on an island. This is in the core so it should do more to influence more development around it. I do like the renovation wave going on because it lowers the end cost offered to the consumer not being a new build. But lets be real here.. we've been riding a wave of new development and I think we're getting close to where we have to let the new development absorb into the market.

Not sure I totally agree that the market will have to slow down for us to catch up. In theory all these new projects will just make urban Omaha that much more attractive to people. Plus is always seems like each new apartment project downtown is over 50% leased before the doors even open. I think it will be really hard to over build rentals downtown, hotels on the other hand seem to be going crazy right now. Not sure how long that can hold up.

guitarguy · Post by **guitarguy** » Sat Jul 26, 2014 7:16 pm

To clarify I was talking about the Hotels not the Apartments ..

nativeomahan · Post by **nativeomahan** » Sat Jul 26, 2014 10:50 pm

A real shot in the arm for this neighborhood (how is that for dripping irony?).

Site prep work is well underway.

TazeOMA · Post by **TazeOMA** » Sun Jul 27, 2014 11:20 am

: 20140726_151850.jpeg (177.69 KiB) Viewed 5291 times

Went by yesterday and the buildings have been cleared.

MTO · Post by **MTO** » Wed Jul 30, 2014 10:38 am

Marriott should of hired these guys.

Seth · Post by **Seth** » Tue Oct 28, 2014 2:50 pm

I've been driving past this project for a while, but hadn't seen a final rendering. I really like it! Ever since moving here, I've thought that stretch has been one of the most under-utilized parts of the city, and it's great to finally see it start getting filled in.

nativeomahan · Post by **nativeomahan** » Tue Oct 28, 2014 9:29 pm

Is anything going on here? I have only driven by it lately after dark, and all I seem to see is dirt.

Stargazer · Post by **Stargazer** » Wed Oct 29, 2014 12:27 am

I'd be ecstatic if I saw this much activity at 10th and Capitol.

iamjacobm · Post by **iamjacobm** » Mon Dec 08, 2014 4:01 pm

nativeomahan wrote:Is anything going on here? I have only driven by it lately after dark, and all I seem to see is dirt.

Work looks to have started in ernest. Lots of action this afternoon.

drsunu1994 · Post by **drsunu1994** » Mon Dec 08, 2014 6:36 pm

Turns out it's may end up being a Holiday Inn Express

Louie · Post by **Louie** » Mon Dec 08, 2014 8:25 pm

drsunu1994 wrote:Turns out it's may end up being a Holiday Inn Express

Really? I hope doesn't look like a Holiday In Express.

daveoma · Post by **daveoma** » Mon Dec 08, 2014 8:55 pm

RNcyanide wrote:Looks nice. A little height was left to be desired...

Does anyone know why so many new construction in DTO are less than 10 stores tall? At what height threshold causes a building to become exceedingly expensive? Maybe someone who knows something about real estate development can answer this question.

RNcyanide · Post by **RNcyanide** » Mon Dec 08, 2014 9:13 pm

daveoma wrote:
RNcyanide wrote:Looks nice. A little height was left to be desired...
Does anyone know why so many new construction in DTO are less than 10 stores tall? At what height threshold causes a building to become exceedingly expensive? Maybe someone who knows something about real estate development can answer this question.

It was discussed in another thread at another time, but usually at anything higher than five stories needs to be constructed using steel and reinforced concrete, which dramatically increases cost. For most living apartments and condos, steel and concrete aren't really necessary and you can get by fine with wood framing. However, if anything office-related is built, even if it is five stories or less, it will still probably be of steel and concrete.

iamjacobm · Post by **iamjacobm** » Mon Dec 08, 2014 11:40 pm

^^That^^

Add in a large amount of open land to develop(there is a reason Hyatt Place had to build up) and not being a city that can't exactly charge luxury prices for highrise square footage like other cities can. Not enough spec office demand to go tall and not enough demand for $2000+ rentals to go highrise apartments and not enough condo demand to go up.

Our best shot is getting another company to move downtown(HDR...).

For right now the more ~5 floor infill we can get the better, that will eat up the easily developable land and when the land gets more expensive they will have to build larger buildings to get a return.

Post by **Coyote** » Sat Dec 27, 2014 6:05 pm

iamjacobm · Post by **iamjacobm** » Mon Jan 05, 2015 3:46 pm

http://www.omaha.com/money/major-commer ... f714c.html

Cindy Gonzalez OWH wrote:Walls are going up on the five-story Hotel Omaha by Express and retail space northeast of 24th and Farnam Streets, a $17.8 million project to be open by late summer.

MTO · Post by **MTO** » Sat Jan 10, 2015 4:46 pm

iamjacobm wrote:http://www.omaha.com/money/major-commer ... f714c.html

Cindy Gonzalez OWH wrote:Walls are going up on the five-story Hotel Omaha by Express and retail space northeast of 24th and Farnam Streets, a $17.8 million project to be open by late summer.

What "walls"?

daveoma · Post by **daveoma** » Sat Jan 10, 2015 10:15 pm

MTO wrote:
iamjacobm wrote:http://www.omaha.com/money/major-commer ... f714c.html

Cindy Gonzalez OWH wrote:Walls are going up on the five-story Hotel Omaha by Express and retail space northeast of 24th and Farnam Streets, a $17.8 million project to be open by late summer.
What "walls"?

You should post this on their website. :-)

MTO · Post by **MTO** » Sat Feb 28, 2015 3:46 pm

Little bit of progress

ksteinke · Post by **ksteinke** » Wed Mar 04, 2015 3:19 pm

Isn't that lot at 24th and Farnam the place where the Delmar used to be?

iamjacobm · Post by **iamjacobm** » Thu Mar 12, 2015 6:18 pm

This one looks like it could go vertical very soon.

MTO · Post by **MTO** » Sat Apr 04, 2015 1:30 pm

Lift shafts are rising.

daveoma · Post by **daveoma** » Sun Apr 05, 2015 12:36 pm

I'm glad to see construction is progressing. I think this entire neighborhood will be changed in 5 years with all of the development happening.

iamjacobm · Post by **iamjacobm** » Mon Apr 06, 2015 4:42 pm

daveoma wrote:I'm glad to see construction is progressing. I think this entire neighborhood will be changed in 5 years with all of the development happening.

Heck there are going to be about 300 apartment units u/c once Highline 2.0 and Hupmobile starts. Add in the hotel as an anchor along with the nearly 500 at The Wire and The Highline and this area of downtown will have a nice vibe going.

We are really making a good moves towards haveing more or less continuous built urban fabric from 10th all the way to Saddle Creek along the Dodge/Farnam/Harney corridors.

MTO · Post by **MTO** » Wed May 06, 2015 11:05 am

The shaft is almost topped out.

iamjacobm · Post by **iamjacobm** » Wed May 06, 2015 12:06 pm

This is going to have a really nice presence in west downtown.

daveoma · Post by **daveoma** » Wed May 06, 2015 11:41 pm

Nice picture! !

MTO · Post by **MTO** » Mon May 18, 2015 8:16 am

Here you can get a good idea of how much this building will fill up this rather mundane corner.

And this is the east shaft..

iamjacobm · Post by **iamjacobm** » Mon May 18, 2015 12:12 pm

Hopfully by this time next year there will be three active buildings on this corner instead of one like there is now.

MTO · Post by **MTO** » Mon May 18, 2015 12:58 pm

And the city's core beats that much stronger.

DTmatt · Post by **DTmatt** » Tue Jun 30, 2015 7:02 pm

I recently moved into Westbrook Tower, and am currently surrounded by construction on this and Highline 2.0 across the street. Anyways, here are some pics from today. Things have finally started to ramp up here. They even brought in a small crane to begin lifting steel.

MTO · Post by **MTO** » Tue Jun 30, 2015 7:16 pm

Outstanding shot thanks for posting it.

Post by **Coyote** » Tue Jun 30, 2015 7:42 pm

Thanks for posting!

iamjacobm · Post by **iamjacobm** » Tue Jun 30, 2015 9:53 pm

Heck of a view you have there!

Post by **Brad** » Tue Jun 30, 2015 10:32 pm

I was noticing tonight, all the precast, they must have some sort of parking structure included in the building? If not, this building is going to different than all the other hotels they have thrown up lately.

daveoma · Post by **daveoma** » Wed Jul 01, 2015 1:50 am

Looks great, thanks for posting!

Seth · Post by **Seth** » Tue Jul 07, 2015 3:15 pm

Brad wrote:I was noticing tonight, all the precast, they must have some sort of parking structure included in the building? If not, this building is going to different than all the other hotels they have thrown up lately.

In some parts of the country, precast is popular for multistory residential construction (especially college dorms). I can't see any ramps in the picture from what's been put up yet, but some of the occupied floors could be build with precast. It could also be parking, hard to say at this point.

Linkin5 · Post by **Linkin5** » Tue Jul 07, 2015 3:23 pm

Seth wrote:
Brad wrote:I was noticing tonight, all the precast, they must have some sort of parking structure included in the building? If not, this building is going to different than all the other hotels they have thrown up lately.
In some parts of the country, precast is popular for multistory residential construction (especially college dorms). I can't see any ramps in the picture from what's been put up yet, but some of the occupied floors could be build with precast. It could also be parking, hard to say at this point.

Precast is definitely popular in this region, there are multiple precast companies in the metro.

iamjacobm · Post by **iamjacobm** » Tue Jul 07, 2015 6:28 pm

I am thinking there will be substantial surface parking on the east half of the block.

Louie · Post by **Louie** » Wed Jul 08, 2015 3:43 pm

iamjacobm wrote:I am thinking there will be substantial surface parking on the east half of the block.

Larger than the footprint of the hotel itself?