Capitol District (NWC 10th & Capitol)

TitosBuritoBarn · Post by **TitosBuritoBarn** » Thu Feb 20, 2014 10:30 am

skinzfan23 wrote:Thanks for posting Jacob....according to the article the underground parking garage is supposed to be 3 levels with 800 spaces.

Does Omaha have any underground garages currently? Off the top of my head I can't think of any. Sounds like it'll be a first for Omaha.

skinzfan23 · Post by **skinzfan23** » Thu Feb 20, 2014 11:57 am

TitosBuritoBarn wrote:
skinzfan23 wrote:Thanks for posting Jacob....according to the article the underground parking garage is supposed to be 3 levels with 800 spaces.
Does Omaha have any underground garages currently? Off the top of my head I can't think of any. Sounds like it'll be a first for Omaha.

The only buildings I can think of would be some of the buildings in the Old Market.

S33 · Post by **S33** » Thu Feb 20, 2014 4:22 pm

According to sources close to this development, Jason Townsend was spotted conducting his own ribbon-cutting on site, just yesterday. should be 30-60 days

bigredmed · Post by **bigredmed** » Thu Feb 20, 2014 5:12 pm

skinzfan23 wrote:
TitosBuritoBarn wrote:
skinzfan23 wrote:Thanks for posting Jacob....according to the article the underground parking garage is supposed to be 3 levels with 800 spaces.
Does Omaha have any underground garages currently? Off the top of my head I can't think of any. Sounds like it'll be a first for Omaha.
The only buildings I can think of would be some of the buildings in the Old Market.

The Buffett Cancer Center was going to have them. They were cut due to the cost of the underground parking which is estimated at $22-25,000 per stall as compared to above ground structures at $13,000 per stall. Given that delta, I have to bet that the concept is just not cool enough to spring for this rather than a new IT room or video conferencing capacity for an entire building.

iamjacobm · Post by **iamjacobm** » Thu Feb 20, 2014 5:45 pm

The current parking lot already sits below street level so they shouldn't have to go too low for the parking. Maybe 1.5/2 of the 3 levels instead of all 3 completely below ground.

It is cool to see the parking incorporated in a different way rather than just a development with a massive garage across the street though. Will make the block very attractive to have the parking hidden under a plaza.

nativeomahan · Post by **nativeomahan** » Thu Feb 20, 2014 6:09 pm

TitosBuritoBarn wrote:
skinzfan23 wrote:Thanks for posting Jacob....according to the article the underground parking garage is supposed to be 3 levels with 800 spaces.
Does Omaha have any underground garages currently? Off the top of my head I can't think of any. Sounds like it'll be a first for Omaha.

The Woodman Tower has three levels of underground parking.

guy4omaha · Post by **guy4omaha** » Thu Feb 20, 2014 7:03 pm

Geez, my memory is so bad. But when I used to work at the Omaha-Douglas Civic Center, I think the parking was underground there as well. Pretty sure actually.

OmahaJaysCU · Post by **OmahaJaysCU** » Thu Feb 20, 2014 7:43 pm

Heard official groundbreaking in mid March.

Post by **BRoss** » Thu Feb 20, 2014 8:20 pm

OmahaJaysCU wrote:Heard official groundbreaking in mid March.

Awesome!!

MadMartin8 · Post by **MadMartin8** » Thu Feb 20, 2014 8:52 pm

OmahaJaysCU wrote:Heard official groundbreaking in mid March.

Somewhere in between March 23 and April 22nd?

cdub · Post by **cdub** » Fri Feb 21, 2014 8:44 am

guy4omaha wrote:Geez, my memory is so bad. But when I used to work at the Omaha-Douglas Civic Center, I think the parking was underground there as well. Pretty sure actually.

Many buildings have a level or two underground. Even the garages usually have a basement level. Civic Center has two that used to be open to the public but are now all employee parking.

Omahanerd · Post by **Omahanerd** » Fri Feb 21, 2014 3:27 pm

If you fools only underwrote buildings

S33 · Post by **S33** » Mon Feb 24, 2014 6:23 pm

Omahanerd wrote:If you fools only underwrote buildings

I 'under-rode' your mom.

ShawJ · Post by **ShawJ** » Wed Mar 05, 2014 10:05 am

Saw two MUD trucks on site this morning doing measurements (as well as on 12th street), but could have been unrelated to the development.

skinzfan23 · Post by **skinzfan23** » Wed Mar 05, 2014 11:00 pm

Nothing new but I did read this is the colliers report on Omaha office vacancies:

An
announcement is due shortly of the kick-off of
the mixed-use development on the former
Pinnacle Foods site in the CBD near the
CenturyLink Arena. A 400-room hotel along with
office and retail is planned there.

http://www.colliers.com/-/media/4FC164E ... A341A.ashx

ShawJ · Post by **ShawJ** » Thu Mar 06, 2014 10:10 am

Your pointless and irrelevant, but maybe not (but probably), update for the day:

Truck on lot this morning with two dudes in suits walking around.

Garrett · Post by **Garrett** » Tue Mar 11, 2014 7:47 pm

As mentioned in the Hilton thread, but I thought it should be here.

The development gods hate us

Erin Golden OWH wrote:
Now, another full-service hotel has been proposed at a location just down the street. That 350-room Marriott convention hotel at 10th Street and Capitol Avenue would be part of a $205 million project that would include shops, restaurants, offices and apartments.

It was announced in late 2011, when the city and MECA tapped Shamrock Development to oversee the development. The goal at the time was to have the project ready to go by December 2014.

Since then, however, that timeline has been pushed back more than once, and construction has yet to begin.

Shamrock has secured tax-increment financing help from the city and a commitment from a hotel operator, but has not yet sent final plans to the Omaha City Council.

Dixon said that hotel will be vital to securing larger conventions that need more than what the Hilton can provide.

Moral of the story, uh oh.

iamjacobm · Post by **iamjacobm** » Fri Mar 28, 2014 10:47 am

Mention of a replat of the land for this project in the agenda. Not exactly sure what that means to be completely honest. Is that like grouping all the properties into one?

EDIT: Also zoning change request from downtown service district to central business district.

MadMartin8 · Post by **MadMartin8** » Fri Mar 28, 2014 5:47 pm

OmahaJaysCU wrote:Heard official groundbreaking in mid March.

Maybe Mid-April or May....er June? July perhaps?

MTO · Post by **MTO** » Fri Mar 28, 2014 6:00 pm

August, September... October, November, or December, possibly January.

Post by **BRoss** » Fri Mar 28, 2014 7:43 pm

60-90 days...

ShawJ · Post by **ShawJ** » Sat Apr 05, 2014 11:00 am

Developer of north downtown hotel seeks OK for occupation tax, entertainment district

Erin Golden/World-Herald staff writer wrote: A planned hotel, retail and office development in Omaha's north downtown could come with two firsts for the city.

The developer of the project at 10th Street and Capitol Avenue has plans to seek a new occupation tax — and to make the area a recognized entertainment district, which would allow people to carry open alcoholic drinks around the complex.

Both of those plans are mentioned in a development agreement that will get its first look from the Omaha City Council next week. In addition, the council soon will weigh a proposal to grant Shamrock Development up to $35 million in tax-increment financing for the $205 million project.

The council's approval of the development plan and TIF support would be significant milestones for a plan that has been touted as essential to boosting Omaha's convention business but has so far faced several delays.

Mike Moylan, Shamrock's president, said he's on track to start construction this spring and have the project wrapped up by the first half of 2016. Along with a 350-room Marriott hotel, the development will also feature shops, restaurants, office towers, apartments and a central plaza.

iamjacobm · Post by **iamjacobm** » Sat Apr 05, 2014 12:48 pm

So let's say all those thigs take the month of April to work through the City Council so May would be the best case scenario. Still just lose a little enthusiasm about the project every time they say they are on track for some date that keeps slipping back.

MadMartin8 · Post by **MadMartin8** » Sat Apr 05, 2014 5:00 pm

I thought tiff was already approved?

Yeah, this is still on track. Lol.

iamjacobm · Post by **iamjacobm** » Sun Apr 06, 2014 10:58 pm

MadMartin8 wrote:I thought tiff was already approved?

Yeah, this is still on track. Lol.

I thought it was too, but it is in the agenda for this week.

blueskyomaha · Post by **blueskyomaha** » Sun Apr 06, 2014 10:59 pm

Warning RANT ahead, but i have to let this one go ....

The lack of coordination with MECA and the City on this is embarrassing, and I blame the leadership of both. The result is a district (or lack thereof) adjacent to it's event center that has been surpassed by Lincoln and Kansas City. The city just went through an expansion of the Hilton that is connected to the convention center. Now it claims it is having trouble filling rooms. The developer of the Pinnacle site (selected by MECA) has had a difficult time finding someone to partner with for a hotel. Where is MECA in all of this? How about a demonstration of support (for example rooms guaranteed per year) for the developer? A hotel was a requirement even though one already is connected to and ready for additional expansion if needed (tower and full service??). Instead MECA chooses to continue to operate in it’s sea of parking and other mistakes, like missing out on 60 plus nights of baseball a year by a local minor league team who also had to build a new stadium at the same time (WOW?) How about something progressive? MECA already partnered with the NCAA for a long-term lease on the college world series. How about building some athlete housing on your precious parking lot to the North and securing the swim trials and NCAA men’s and women’s basketball long term like the CWS. That would help your bookings. A real display of partnership, which clearly MECA is unable to do with the city, a developer or anyone else could really assist Shamrock’s effort here. It is no surprise this is taking longer than it should. No wonder the developer is going after an “occupation tax”. BTW, why hasn’t this ever been mentioned the last 3 years? Because the developer hadn’t thought of it until Nebraska Crossing used it and Crossroads announced it. The pre-existing conditions are steep and MECA and the City have limited the market by their incongruous, piecemeal and half-assed attempt at building a world-class facility. Embarrassment is an understatement and it is harming the city in so many ways not the least of which is by hampering it’s attractiveness to recent college graduates who are compelled by an entertaining city.

Greg S · Post by **Greg S** » Mon Apr 07, 2014 12:47 pm

It almost seems like anything close to a major development gets TIF anymore. Now we seem to be moving to even more. Hopefully this occupancy tax does not include hotel rooms. I think we are already pushing the max on that right now.

Greg

Joe_Sovereign · Post by **Joe_Sovereign** » Tue Apr 08, 2014 12:12 pm

There is a lot of big money in Omaha. Are there no deals on tenants for office space, signed retailers, partners for the residential space development, conventions that will come if the rooms are done by 201X. It seems like there really needs to be some kind of outside interest to give this project a kick.

skinzfan23 · Post by **skinzfan23** » Tue Apr 08, 2014 6:29 pm

New development planned for 10th, Capitol streets

The City Council gave first-round approval to a new entertainment development in downtown Omaha near the CenturyLink Center.

With the City Council’s approval of a $35 million tax increment financing plan, work could start next month to transform an area near 10th and Capitol streets into a $200 million complex

Tuesday’s City Council action was only a first reading. After a required public hearing, the project is expected to receive final council approval May 22

MadMartin8 · Post by **MadMartin8** » Tue Apr 08, 2014 7:14 pm

So, a month following the May 22 approval vote?

Backin up, backin up..

Post by **BRoss** » Tue Apr 08, 2014 7:18 pm

MadMartin8 wrote:So, a month following the May 22 approval vote?

Backin up, backin up..

From my understanding, it could begin next month. So right after the vote I guess.

MadMartin8 · Post by **MadMartin8** » Tue Apr 08, 2014 7:27 pm

HR Paperstacks wrote:
MadMartin8 wrote:So, a month following the May 22 approval vote?

Backin up, backin up..
From my understanding, it could begin next month. So right after the vote I guess.

Ah. Makes sense.

Post by **BRoss** » Tue Apr 08, 2014 7:42 pm

I know this has been pushed back a lot, but it really seems like this is going to happen now. Can't wait for construction to begin!

Garrett · Post by **Garrett** » Tue Apr 08, 2014 7:46 pm

Am I the only one who finds it odd that there appears to be a significant building between 11th and 12th and Capitol in both of the KETV images? Like its barely there, but it's definitely there.

Erik · Post by **Erik** » Tue Apr 08, 2014 9:22 pm

Look close, you can see the wall street tower, the vornado, the lanoha... Oh wait..

Just kidding. I'm sure this project will have a much better fate ;-)

MadMartin8 · Post by **MadMartin8** » Tue Apr 08, 2014 9:40 pm

Garrett wrote:Am I the only one who finds it odd that there appears to be a significant building between 11th and 12th and Capitol in both of the KETV images? Like its barely there, but it's definitely there.

It's wishful thinking

...

Greg S · Post by **Greg S** » Wed Apr 09, 2014 9:29 am

skinzfan23 wrote:New development planned for 10th, Capitol streets
The City Council gave first-round approval to a new entertainment development in downtown Omaha near the CenturyLink Center.

With the City Council’s approval of a $35 million tax increment financing plan, work could start next month to transform an area near 10th and Capitol streets into a $200 million complex

Tuesday’s City Council action was only a first reading. After a required public hearing, the project is expected to receive final council approval May 22

What happens though if the second tax, the occupancy tax is not approved? Does work stop?

Greg

Coyote · Post by **Coyote** » Tue Apr 15, 2014 7:12 pm

City Council OKs redevelopment plan for north downtown project

Erin Golden: World-Herald staff writer wrote:Mike Moylan, Shamrock's president, told the council that he's encouraged by the interest of companies and businesses who might locate in the development.

“Nationally speaking, some of the big players really want to see an environment like this for their employees,” he said.

iamjacobm · Post by **iamjacobm** » Tue Apr 15, 2014 10:25 pm

Just make it happen. I am sure the office would go and we obviously need more apartments downtown. The retail and hotel are probably the two risky ventures here.

guitarguy · Post by **guitarguy** » Tue Apr 15, 2014 10:32 pm

The location makes me less worried about the retail and hotel being risky.. hopefully this starts to bridge the gap between DT and NDT.