Centerline Apartments (70th and Oak)

Downtown, Midtown, and all parts east of 72nd.

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skinzfan23
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Centerline Apartments (70th and Oak)

Post by skinzfan23 »

From the World Herald:

The Aksarben Village apartments will bracket the new HDR headquarters building. Alchemy Development LLC proposes two five-story buildings. They would comprise a total of about 100 apartments, with underground parking.

One apartment building will rise on the southwest corner of 64th Avenue and Shirley Street. The other will be built on the northwest corner of 64th Avenue and Frances Street. They will be a mix of studio, one-bedroom and two-bedroom apartments, with monthly rents ranging from $775 to $1,500.

The buildings are expected to cost $15.8 million.

A short way southwest of Aksarben Village, the Centerline apartments are proposed for 70th and Oak Streets. Two five-story buildings will have 158 apartments, with rents ranging from an estimated $840 a month for the least expensive studio to $1,400 for the most expensive two-bedroom unit.

The site is complicated by the existence of four or five building foundations left from a previous development that failed, Bridget Hadley, a City of Omaha economic development planner, told the Planning Board. Abandoned many years ago, the foundations will have to be demolished before J Development can build the new apartments.

The project would cost an estimated $23.5 million.
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Re: Official: Aksarben Village

Post by EricHaley »

skinzfan23 wrote:From the World Herald:

A short way southwest of Aksarben Village, the Centerline apartments are proposed for 70th and Oak Streets. Two five-story buildings will have 158 apartments, with rents ranging from an estimated $840 a month for the least expensive studio to $1,400 for the most expensive two-bedroom unit.

The site is complicated by the existence of four or five building foundations left from a previous development that failed, Bridget Hadley, a City of Omaha economic development planner, told the Planning Board. Abandoned many years ago, the foundations will have to be demolished before J Development can build the new apartments.
Is this the development just east of the NB 72nd to Center ramp? If so, I was just recently driving by there and recalled the foundations of failure, wondering what happened since the foundations are now almost completely hidden, yet there's parking…
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iamjacobm
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Re: Official: Aksarben Village

Post by iamjacobm »

skinzfan23 wrote:From the World Herald:

A short way southwest of Aksarben Village, the Centerline apartments are proposed for 70th and Oak Streets. Two five-story buildings will have 158 apartments, with rents ranging from an estimated $840 a month for the least expensive studio to $1,400 for the most expensive two-bedroom unit.

The site is complicated by the existence of four or five building foundations left from a previous development that failed, Bridget Hadley, a City of Omaha economic development planner, told the Planning Board. Abandoned many years ago, the foundations will have to be demolished before J Development can build the new apartments.

The project would cost an estimated $23.5 million.
Requesting nearly $3 million in TIF.
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Coyote
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Re: Centerline Apartments (70th and Oak)

Post by Coyote »

iamjacobm wrote:
skinzfan23 wrote:From the World Herald:

A short way southwest of Aksarben Village, the Centerline apartments are proposed for 70th and Oak Streets. Two five-story buildings will have 158 apartments, with rents ranging from an estimated $840 a month for the least expensive studio to $1,400 for the most expensive two-bedroom unit.

The site is complicated by the existence of four or five building foundations left from a previous development that failed, Bridget Hadley, a City of Omaha economic development planner, told the Planning Board. Abandoned many years ago, the foundations will have to be demolished before J Development can build the new apartments.

The project would cost an estimated $23.5 million.
Requesting nearly $3 million in TIF.
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Brad
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Re: Centerline Apartments (70th and Oak)

Post by Brad »

Nice, about time they do something there. Those never finished foundations have been in the ground forever.

On a side note, who has been growing Hops on this lot for 2 years now?
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Re: Centerline Apartments (70th and Oak)

Post by garyomaha »

Brad wrote:On a side note, who has been growing Hops on this lot for 2 years now?
Bunnies?
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skinzfan23
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Re: Centerline Apartments (70th and Oak)

Post by skinzfan23 »

Love that this is getting filled in finally.
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Brad
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Re: Centerline Apartments (70th and Oak)

Post by Brad »

skinzfan23 wrote:Love that this is getting filled in finally.
I just looked and it appears that the one building they actually finished, was built 6 years ago. Seems like it would be a lot longer than that, when all the foundations went in.

Hopefully when they develop the rest of Chili Greens they can connect this little section of Oak St down to 67th Street. They would need to buy a little right of way through the other apartment, but it seems like it would really help the flow of the area.
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Re: Centerline Apartments (70th and Oak)

Post by ovo »

Look for construction to begin on this Monday
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Brad
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Re: Centerline Apartments (70th and Oak)

Post by Brad »

Revival of central Omaha spreads from Aksarben Village to 72nd Street corridor

http://www.omaha.com/money/revival-of-c ... be7cb.html
By Cindy Gonzalez / World-Herald staff writer wrote:On the east side of 72nd Street, J. Development has started to turn a 3-acre field into a 162-apartment complex that will be topped with a fifth-floor clubhouse and deck.
By Cindy Gonzalez / World-Herald staff writer wrote:The Centerline’s first units are to open in early 2019, with rents ranging from about $840 for a studio to about $1,400 for a two-bedroom unit. The complex is to have its own on-site amenities, including a dog park, balconies and green spaces to hold outdoor performances and tenant get-togethers.

“We’re really going to focus on having a fun, connected atmosphere,” Stavneak said.
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TitosBuritoBarn
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Re: Centerline Apartments (70th and Oak)

Post by TitosBuritoBarn »

The renderings look pretty solid. It's nicer than a lot of the west Omaha stuff. Glad this parcel is seeing some life again.
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skinzfan23
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Re: Centerline Apartments (70th and Oak)

Post by skinzfan23 »

Bringing the renderings onto the page:

Image

Image
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Coyote
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Re: Centerline Apartments (70th and Oak)

Post by Coyote »

On 72nd Street: Centerline apartments opening in phases, hotel-Shark Club property selling again
Cindy Gonzalez / World-Herald staff writer wrote:Nearly 80 of the 162 units are ready — about 80 percent of those are leased — and other floors will open in phases through November, said Julie Stavneak of J. Development.
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Re: Centerline Apartments (70th and Oak)

Post by PWL73316 »

Good bump. From the street, these look more or less ready to go. Really nice in-fill. The 72nd corridor south of Pine (Walmart) has a lot of potential to renew, with a good number of older/unused properties that have excellent access to Aksarben, 72nd & Dodge area, and the interstate. Hopefully this is very successful and kickstarts new ideas.
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