$1 Billion in Development?

News and releases from metro area businesses

Moderators: Coyote, nebugeater, Brad, Omaha Cowboy, BRoss

Post Reply
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

$1 Billion in Development?

Post by Coyote »

Question of the month: does Omaha have $1 Billion in development going on right now?

Top contenders would be:
$300 ? Shamrock
$200 ? UNMC
$100 ? AV - Pac Life
? Civic
$90 Ft Omaha (30th & Sorenson)
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

There might even be anothe $100 million with Spaces, 1501, jones13, and Corvina.
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

Re: $1 Billion in Development?

Post by Coyote »

I didn't have time this morning to go back to see proposal estimates, nor all the developments in the metro area. Maybe some people could add to this thread (while I'm at work...)
User avatar
Brad
City Council
Posts: 1033312
Joined: Sat Feb 28, 2004 6:03 pm
Location: Omaha, NE
Contact:

Re: $1 Billion in Development?

Post by Brad »

Coyote wrote:Question of the month: does Omaha have $1 Billion in development going on right now?

Top contenders would be:
$300 ?  Shamrock
$200 ?  UNMC
$100 ?  AV - Pac Life
       ?  Civic
$90      Ft Omaha (30th & Sorenson)
Limelight
Blue Barn
Burlington Station
User avatar
skinzfan23
City Council
Posts: 9136
Joined: Mon Feb 09, 2004 11:26 am
Location: Omaha/Bellevue

Re: $1 Billion in Development?

Post by skinzfan23 »

Brad wrote:
Coyote wrote:Question of the month: does Omaha have $1 Billion in development going on right now?

Top contenders would be:
$300 ?  Shamrock
$200 ?  UNMC
$100 ?  AV - Pac Life
       ?  Civic
$90      Ft Omaha (30th & Sorenson)
Limelight
Blue Barn
Burlington Station
UNO arena
Crossroads Redevelopment??
lmdramos
Library Board
Posts: 315
Joined: Sat Oct 20, 2012 4:26 pm
Location: New England

Re: $1 Billion in Development?

Post by lmdramos »

Under Construction
1501 Jackson: $14 Million
UNO Arena: $88 Million
Aksarben Center: $17 Million
Aksarben Assisted Living: $17 Million
Aksarben Zone 5 + 2 apartment buildings on 67th & Frances: $82 Million
Think!: $42 Million
Blue Barn: $7 Million
Butternut: $20 Million
DoubleTree Renovation (I80): $6 Million
Jones13: $13 Million
KETV Burlington Station: $22 Million
Limelight: $6 Million
Methodist Surgery Center: $77 Million
Midlands Place: $19 Million
North Omaha Learning Community Center: $5 Million
Old Power Plant (NuStyle): $30 Million
Spaces: $15 Million
The Wire: $41 Million
African Grasslands (Zoo): $70 Million
Buffett Cancer Center: $323 Million
Fidelity Data Center: $200 Million
Westroads Mall Renovation: $12 Million
Madonna Rehabilitation Hospital Omaha: $93 Million
Hillcrest Country Estates: $50 million
SAC Headquarters: $524 Million
U/C TOTAL: $1.793 Billion

Soon to Start
West Dodge Pointe: $100 Million
Shamrock Development: $205 Million
Waitt Plaza: $50 Million
Crossroads Village Phase 1: $260 Million
Tetrad Civic Redevelopment (a ways off, but likely): $300 Million
STS TOTAL: $915 Million

FINAL TOTAL: $2.708 Billion
Last edited by lmdramos on Fri Aug 08, 2014 6:46 pm, edited 3 times in total.
User avatar
Brad
City Council
Posts: 1033312
Joined: Sat Feb 28, 2004 6:03 pm
Location: Omaha, NE
Contact:

Re: $1 Billion in Development?

Post by Brad »

Awesome! Thanks for the List!
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

Re: $1 Billion in Development?

Post by Coyote »

Sweet! Thanks for the research!
twiztid1
Home Owners Association
Posts: 192
Joined: Thu Dec 29, 2011 7:45 pm
Location: Omaha Metro Area

Re: $1 Billion in Development?

Post by twiztid1 »

Wow, that list puts things into perspective.
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

Is it fair to count the billion dollar Stratcom project?
lmdramos
Library Board
Posts: 315
Joined: Sat Oct 20, 2012 4:26 pm
Location: New England

Re: $1 Billion in Development?

Post by lmdramos »

I would think so.
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

Re: $1 Billion in Development?

Post by Coyote »

iamjacobm wrote:Is it fair to count the billion dollar Stratcom project?
He included $524 m for 'SAC Headquarters', I've seen the $1b being thrown around, but don't know where the extra $500m is going.

So I was looking at downtown housing projects and could think of:

1501 Jackson, 15th & Jackson Streets, 75 units
31-33 Marcy-Mason, 31st & Marcy Streets 23 units
9th and Jones, Ninth & Jones Streets, 125 units
Capitol District, 10th Street and Capitol Avenue, 225 units?
Ekard Court, 617 S. 31st St., 36 units
Flatiron, 1722 St. Mary’s Ave., 30 units
Harney Street Apartments, 3327 Harney St., 32 units
Jones13, 13th & Jones Streets, 100 units
Limelight, 16th & Harney Streets, 39 units
Midtown Triangle, St. Mary’s Avenue & 30th Street, 178 units
Nichol Flats, 1015 N. 16th St., 67 units
Spaces, Park & Dewey Avenues, 154 units
The State, 528 S. 29th St., 21 units
Travers Row, 26th & St. Mary’s Ave. 24 units
The Wire, 100 S. 19th St., 290 units
2220 units
User avatar
skinzfan23
City Council
Posts: 9136
Joined: Mon Feb 09, 2004 11:26 am
Location: Omaha/Bellevue

Re: $1 Billion in Development?

Post by skinzfan23 »

Even though it is going to take be a ways off yet, can we add another $300 million to the list for Tetrad's Civic Auditorium redevelopment?
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

skinzfan23 wrote:Even though it is going to take be a ways off yet, can we add another $300 million to the list for Tetrad's Civic Auditorium redevelopment?
Lets just assume the three main projects get built downtown. Capitol Ave will have seen upward of $650 million in the decade.
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

Re: $1 Billion in Development?

Post by Coyote »

This thread was started a year ago, but now there are more players at this game...
iamjacobm wrote:
Garrett wrote:So.... How about that disappointing North Downtown eh?
$50 million here, lets just say ~$15 million on the WST showroom lot, gotta be at least $250 million for Lot B, $200 at Shamrock, probably over $100 million for HDR, $10 million for Nichol Flats, add in maybe projects like $300 million Civic redev, $100 million Lahona...

Forget $1 billion in development in the metro that we thought was cool, we very well could have over $1 billion in the area bound by 10th, Cuming, 19th and Dodge between now and 2020. Thats less than one square mile just for reference...
MTO
City Council
Posts: 7806
Joined: Wed Mar 09, 2005 11:49 am
Location: Dundee

Re: $1 Billion in Development?

Post by MTO »

And just not that long ago we were watching just a couple apartments going up.
15-17, 26, 32
User avatar
GetUrban
Planning Board
Posts: 2634
Joined: Sun Nov 23, 2008 3:07 pm
Location: Omaha

Re: $1 Billion in Development?

Post by GetUrban »

You could add quite a bit to the total if all of the small stuff going on around the metro was included too. That's just the higher profile projects. Maybe another $1/2 to 1 bil? A listing of all of the building permits issued would be interesting, although they rarely list the true project value in the permit value.
He said "They are some big, ugly red brick buildings"
...and then they were gone.
MTO
City Council
Posts: 7806
Joined: Wed Mar 09, 2005 11:49 am
Location: Dundee

Re: $1 Billion in Development?

Post by MTO »

Is there a resource to get some sort of index for these permits? I'd like to see if they've been increasing over the past few years.
15-17, 26, 32
User avatar
U R my Helix
Human Relations
Posts: 528
Joined: Tue Feb 10, 2015 7:54 pm

Re: $1 Billion in Development?

Post by U R my Helix »

Don't forget to add $29M for North Omaha Intergenerational Human Services Campus Development
User avatar
Coyote
City Council
Posts: 32940
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village
Contact:

Re: $1 Billion in Development?

Post by Coyote »

U R my Helix wrote:Don't forget to add $29M for North Omaha Intergenerational Human Services Campus Development
I thought that was declared dead. Or am I thinking the industrial park...
MTO
City Council
Posts: 7806
Joined: Wed Mar 09, 2005 11:49 am
Location: Dundee

Re: $1 Billion in Development?

Post by MTO »

Google data center...
15-17, 26, 32
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

I know everyone likes to hate on the height(or lack there of) of the buildings Omaha is getting, but it sounds like we will have a 15, 14, 10, 10 and 8 floor buildings all u/c at the same time in Omaha. That is really something to be happy about for our size.
User avatar
skinzfan23
City Council
Posts: 9136
Joined: Mon Feb 09, 2004 11:26 am
Location: Omaha/Bellevue

Re: $1 Billion in Development?

Post by skinzfan23 »

iamjacobm wrote:I know everyone likes to hate on the height(or lack there of) of the buildings Omaha is getting, but it sounds like we will have a 15, 14, 10, 10 and 8 floor buildings all u/c at the same time in Omaha. That is really something to be happy about for our size.
What are the 10, 10 and 8 floor buildings? I know the apartment building in the capitol district is supposed to be 11 or 12.
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

skinzfan23 wrote:
iamjacobm wrote:I know everyone likes to hate on the height(or lack there of) of the buildings Omaha is getting, but it sounds like we will have a 15, 14, 10, 10 and 8 floor buildings all u/c at the same time in Omaha. That is really something to be happy about for our size.
What are the 10, 10 and 8 floor buildings? I know the apartment building in the capitol district is supposed to be 11 or 12.
8 in A/V, 10 is the cancer center(topped off, but still u/c for a while I think) and the apartment was dropped to 10 I thought?
User avatar
Busguy2010
County Board
Posts: 5295
Joined: Sat Apr 09, 2011 7:32 pm
Location: North Central Omaha

Re: $1 Billion in Development?

Post by Busguy2010 »

Can't leave out the countless small time renovations of older buildings in midtown. I've recently delivered all kinds of appliances to buildings and houses that went from near dilapidated to renting for around $1,000. Theres loads of money being put into those.
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

Obviously some are just announcements and some have very long timelines, but its kinda of funny to think we were impressed by 1 Billion.

$1.2 billion at 144th and Dodge
$1.2 billion at 192nd and Dodge
Potentially over a billion if the Facebook Data Center is legit

Add that with all the other projects and were maybe pushing 5 billion total announced/under construction.
User avatar
iamjacobm
City Council
Posts: 10377
Joined: Sat Apr 10, 2010 6:52 am
Location: Chicago

Re: $1 Billion in Development?

Post by iamjacobm »

Just going to use this as the general comment spot. Potentially Kiewit, First Data, Metlife and Toast to open offices DT over the next couple years. That would be a heck of a coup for the city.
Post Reply