Old Union Pacific Headquarters Lot

Garrett · Post by **Garrett** » Sun Nov 17, 2013 11:53 am

Just realized now that I've fully read the article, the building would be up to 25 stories, but could be as short as 10. Still, a nice project.

MadMartin8 · Post by **MadMartin8** » Sun Nov 17, 2013 11:56 am

Axel wrote:Just realized now that I've fully read the article, the building would be up to 25 stories, but could be as short as 10. Still, a nice project.

And that's if they can even find a major tenant. I have my doubts we'll see anything with this for a long while.

bigredmed · Post by **bigredmed** » Sun Nov 17, 2013 12:01 pm

If the condos are priced reasonably and have a concierge service, we will be moving.

GetUrban · Post by **GetUrban** » Sun Nov 17, 2013 1:12 pm

This is very exciting news! I hope the design keeps its edginess and doesn't become watered down too much. Great news for a young architecture firm looking to make it's mark.

$100 mil. doesn't seem like enough for 25 stories, unless it has a small footprint for the tower, or doesn't include tenant finishes.

Hopefully there is enough pent-up demand for this to really happen!

jessep28 · Post by **jessep28** » Sun Nov 17, 2013 1:27 pm

My question is: do they have the resources to pull something like this off without going bankrupt when the building's only half built?

Garrett · Post by **Garrett** » Sun Nov 17, 2013 1:34 pm

jessep28 wrote:My question is: do they have the resources to pull something like this off without going bankrupt when the building's only half built?

They do seem to have enough past projects to support this.

Garrett · Post by **Garrett** » Sun Nov 17, 2013 3:06 pm

Ok, so I plugged in all of this information into a height calculator, and it estimated this building would be between 330 and 358 feet tall. Based on the rendering, though, it looks more around low 400's.

MadMartin8 · Post by **MadMartin8** » Sun Nov 17, 2013 3:07 pm

Axel wrote:Ok, so I plugged in all of this information into a height calculator, and it estimated this building would be between 330 and 358 feet tall.

What buildings would that compare to in height then?

Post by **Brad** » Sun Nov 17, 2013 3:08 pm

MadMartin8 wrote:
Axel wrote:Ok, so I plugged in all of this information into a height calculator, and it estimated this building would be between 330 and 358 feet tall.

What buildings would that compare to in height then?

Union Pacific is 19.

MadMartin8 · Post by **MadMartin8** » Sun Nov 17, 2013 3:11 pm

Brad wrote:
MadMartin8 wrote:
Axel wrote:Ok, so I plugged in all of this information into a height calculator, and it estimated this building would be between 330 and 358 feet tall.

What buildings would that compare to in height then?
Union Pacific is 19.

I could dig that then. Awesome.

Well here's to it happening....within 5 years.

Post by **Brad** » Sun Nov 17, 2013 3:23 pm

Also the old First National is 22 stories.

Photos from earlier today.
1.

2.

Post by **Coyote** » Sun Nov 17, 2013 3:30 pm

LOL, you beat me to posting this shot!

Post by **Brad** » Sun Nov 17, 2013 3:32 pm

Coyote wrote:LOL, you beat me to posting this shot!

Its not a race. Â Even if 50 people posted shots, I would still post mine.

iamjacobm · Post by **iamjacobm** » Sun Nov 17, 2013 3:37 pm

This would almost certainly become the 3 tallest in the city if they go the entire 25 floors. Â It does sound like there is still a lot of work to do on this project, but I doubt they would come out and show renderings on a site with a bad history if they weren't pretty confident. Â Lots to like about tis project and this location, Capitol Ave is quickly becoming the place to be downtown.

Post by **Brad** » Sun Nov 17, 2013 3:39 pm

iamjacobm wrote:Capitol Ave is quickly becoming the place to be downtown.

Its going to be great with both this and the shamrock project going at the same time!

MadMartin8 · Post by **MadMartin8** » Sun Nov 17, 2013 3:52 pm

Brad wrote:
iamjacobm wrote:Capitol Ave is quickly becoming the place to be downtown.
Its going to be great with both this and the shamrock project going at the same time!

You think this will be underway construction wise at the same time Shamrock is underway?

NovakOmaha · Post by **NovakOmaha** » Sun Nov 17, 2013 3:53 pm

Brad wrote:
iamjacobm wrote:Capitol Ave is quickly becoming the place to be downtown.
Its going to be great with both this and the shamrock project going at the same time!

Anyone got a rendering of the skyline with both developments?

iamjacobm · Post by **iamjacobm** » Sun Nov 17, 2013 3:56 pm

MadMartin8 wrote:
Brad wrote:
iamjacobm wrote:Capitol Ave is quickly becoming the place to be downtown.
Its going to be great with both this and the shamrock project going at the same time!

You think this will be underway construction wise at the same time Shamrock is underway?

The Shamrock project should stretch over 2 years. Â Assuming it starts on the first that would get us into 2016 for both projects to be going at the same time. Â I would hope by 2016 both projects are full steam ahead going up with solid plans coming out about the Civic.

skinzfan23 · Post by **skinzfan23** » Sun Nov 17, 2013 4:13 pm

Great to hear they plans so far. Â It is going to be great to see both projects filling in the capitol ave area. It is amazing to think of all the growth downtown has seen in the past 10-15 years (First National, UP, Centurylink Center, hotels, Creighton campus growth). Â It is taking time, but that is the style of Omaha, slow and steady growth. Â I am really excited!!!

Post by **Coyote** » Sun Nov 17, 2013 4:30 pm

I hope to take more pictures from this spot next year!

blueblood · Post by **blueblood** » Mon Nov 18, 2013 10:19 am

No stupid questions right?

Does a developer make an announcement like this because they already have a tenant or to try and get a tenant? Â I assume to even announce and go through the hurdles involved has to cost some serious coin, not to mention what this does to a developer's reputation. Just seams like a huge investment to be throwing out there with no major tenant on board.

skinzfan23 · Post by **skinzfan23** » Mon Nov 18, 2013 10:27 am

Axel wrote:Ok, so I plugged in all of this information into a height calculator, and it estimated this building would be between 330 and 358 feet tall. Based on the rendering, though, it looks more around low 400's.

On the low end, judging by some other buildings downtown (the old First National building is 295ft and 22 stories tall = 13.4 ft. per floor), I would think that the building will end up being anywhere from around 135 ft if only 10 stories all the way up to around 335 ft if 25 stories tall.

iamjacobm · Post by **iamjacobm** » Mon Nov 18, 2013 10:29 am

blueblood wrote:No stupid questions right?

Does a developer make an announcement like this because they already have a tenant or to try and get a tenant? I assume to even announce and go through the hurdles involved has to cost some serious coin, not to mention what this does to a developer's reputation. Just seams like a huge investment to be throwing out there with no major tenant on board.

By the sounds of it they are still looking for a tenant. Â If I had to guess though I would assume they have had conversations with a couple companies. Â I don't see how you make an announcement like this without at least a couple feelers out there already.

Linkin5 · Post by **Linkin5** » Mon Nov 18, 2013 11:29 am

twiztid1 · Post by **twiztid1** » Mon Nov 18, 2013 11:46 am

Exciting stuff. I thought this lot was hopeless.

Collin · Post by **Collin** » Mon Nov 18, 2013 11:53 am

This is great news! Love the rendering.

Post by **Brad** » Mon Nov 18, 2013 12:04 pm

I just hopes this proves how cool a true "Mixed Use" building could be. Â Ground Level Retail, several floors of parking, then 10+ floors off office followed by 5+ floors of condos. Â Lots of potential.

Fromaha · Post by **Fromaha** » Mon Nov 18, 2013 12:09 pm

I check this site everyday hoping for exciting news like this. I take a few days off and look what happens!

I hope for some significant height on this project, though I think anything 200'+ is a skyline changer - especially based on its location. Fingers crossed.

Seth · Post by **Seth** » Mon Nov 18, 2013 12:54 pm

This would be a cool project to see built. Â I'm tempering my enthusiasm a little, though, considering previous announcements of this nature.

I'm not quite as height-obsessed, but sadly, perhaps that's due to the recent 4-story block-size building built in the heart of the CBD.

MadMartin8 · Post by **MadMartin8** » Mon Nov 18, 2013 6:51 pm

Seth wrote:This would be a cool project to see built. I'm tempering my enthusiasm a little, though, considering previous announcements of this nature.

I'm not quite as height-obsessed, but sadly, perhaps that's due to the recent 4-story block-size building built in the heart of the CBD.

Exactly my thoughts.

jessep28 · Post by **jessep28** » Mon Nov 18, 2013 10:30 pm

Linkin5 wrote:

http://drunkronswanson.com/

BobbiDon · Post by **BobbiDon** » Fri Nov 22, 2013 2:05 am

There was an article today about first data moving a large number of jobs from Denver to omaha. Â Is there enough room at their pine street offices, or could this be a potential for this development?

MadMartin8 · Post by **MadMartin8** » Fri Nov 22, 2013 6:16 am

BobbiDon wrote:There was an article today about first data moving a large number of jobs from Denver to omaha. Is there enough room at their pine street offices, or could this be a potential for this development?

Yes, there is plenty of open space in our offices in Omaha.

Garrett · Post by **Garrett** » Fri Nov 22, 2013 10:23 am

MadMartin8 wrote:
BobbiDon wrote:There was an article today about first data moving a large number of jobs from Denver to omaha. Is there enough room at their pine street offices, or could this be a potential for this development?
Yes, there is plenty of open space in our offices in Omaha.

But I thought they didn't want to stay in the Twin Towers much longer...

iamjacobm · Post by **iamjacobm** » Fri Nov 22, 2013 3:05 pm

Axel wrote:
MadMartin8 wrote:
BobbiDon wrote:There was an article today about first data moving a large number of jobs from Denver to omaha. Is there enough room at their pine street offices, or could this be a potential for this development?
Yes, there is plenty of open space in our offices in Omaha.
But I thought they didn't want to stay in the Twin Towers much longer...

First Data is in the Aksarben area. Rex and FirstComp are in Central Park Plaza.

Post by **Brad** » Fri Nov 22, 2013 3:07 pm

iamjacobm wrote:First Data is in the Aksarben area.

And Old Mill.

jessep28 · Post by **jessep28** » Fri Nov 22, 2013 3:38 pm

If a need for excess capacity opens up, FDR hasn't had ordered layoffs in a while.

MadMartin8 · Post by **MadMartin8** » Fri Nov 22, 2013 3:39 pm

Brad wrote:
iamjacobm wrote:First Data is in the Aksarben area.
And Old Mill.

And across from Aksarben Village.
And across from the other across at Aksarben Village
And in Denver (well, kind of)
And in Atlanta
And... and...

First Data isn't going to move into a new building. They have plenty that have plenty of room.

ad2330 · Post by **ad2330** » Tue Nov 26, 2013 11:00 am

Look I hope more than anything this actually happens, I just have my doubts. Â

Is there really a demand for high end office space? Â Especially for that kind of square footage?
I think it's going to be really difficult to find retailers capable of paying the rent necessary to make the numbers work.
I DO think there is a starving demand for some very nice condos w/ a concierge type service.
That would be one LARGE building to go 25 stories in the air on a lot that covers an entire square block.

I actually was thinking a very high end/boutique style hotel on that lot would be spectacular given its location and the fact that we have 0 high end hotels in downtown Omaha.

lmdramos · Post by **lmdramos** » Tue Nov 26, 2013 11:04 am

Hotel Deco? It's a 4 star hotel and is working to become a 5 star hotel.