Oak View Mall (144 & West Center Rd)

riceweb · Post by **riceweb** » Wed Dec 16, 2020 10:51 am

An IKEA would never fit at Oakview. They'd be much more likely to locate down by Giles and I-80 near the Cabela's and Costco if they landed anywhere.

IKEA is experimenting with a store format without showrooms and without the meatball restaurant. I assume they're launching this format to expand their footprint to new metro areas? Or maybe they're just trying to expand to more urban areas with a more compact footprint. Either way, the financials probably work better for us to get a warehouse-only format of the store.

Post by **nebugeater** » Wed Dec 16, 2020 10:56 am

I am just glad we are having our annual (or thereabout) Ikea discussion!

Post by **nebugeater** » Wed Dec 16, 2020 11:05 am

riceweb wrote: Wed Dec 16, 2020 10:51 am An IKEA would never fit at Oakview. They'd be much more likely to locate down by Giles and I-80 near the Cabela's and Costco if they landed anywhere.

IKEA is experimenting with a store format without showrooms and without the meatball restaurant. I assume they're launching this format to expand their footprint to new metro areas? Or maybe they're just trying to expand to more urban areas with a more compact footprint. Either way, the financials probably work better for us to get a warehouse-only format of the store.

Ikea will never go there for access as you mentioned. They would certainly fit if you are implying size. They are a multi-level format Oakview has a little over 859,000 sq ft of retail per their own documents. Two levels as we know

A google search says the larges IKEA is 640,000 sq ft and the typical store is 300,000 sq ft

Kansas City is 359,000 sq ft
Minneapolis is 336,000 sq ft

On a side note, just a warehouse without the meatballs... why bother.

Cermak · Post by **Cermak** » Wed Dec 16, 2020 4:26 pm

I don’t see Omaha getting an IKEA for a long time, unless it would be some scaled back version, certainly not 300,000 sq feet.

Post by **Omaha Cowboy** » Wed Dec 16, 2020 5:23 pm

Louie wrote: Wed Dec 16, 2020 10:07 am
Omaha Cowboy wrote: Wed Dec 16, 2020 7:16 am
nebugeater wrote: Wed Dec 16, 2020 6:03 am
Csmac wrote: Tue Dec 15, 2020 11:22 pm I know it’s been discussed. However, who thinks it would be best to have an IKEA take over Oakview? I think it’s a great option given it has a food court and what not. I know NFM would throw a fit, but I went to the one in Denver recently and I can see one at Oakview being a very good thing! I saw a petition that was going on two years ago! Maybe we should start another one what does everyone think?
The chances of Ikea landing in Omaha are near 0%

They also would not take over unless you mean to tear down and start over.
Yeah..

The thing is, with IKEA, they basically cut off considering any metro to be “worthy” of one of their locations if it’s not close to 2 million in population. The Omaha MSA is 1 million..even throwing Lincoln in would still have Omaha falling short at 1.4 million.. So like nebugeater said, the chances of IKEA landing in Omaha are 0%. Unless at some point in the future, they decide to expand their national footprint into the next tier of markets.. Plus, I’ve heard from friends who’ve purchased products from IKEA and were not impressed with the quality..Hype is the word I’ve heard..

I don’t think Omaha is missing out much by not being “worthy enough” today for an IKEA location...

Ciao..LiO...Peace
Quality isn't really their bag. They are fairly inexpensive and have really modern options. That's their niche.

I know- I’ve been to an IKEA in Dallas. I like the concept.. But I think the place is more hype than anything else..

Don’t get me wrong though, if they did decide to open up shop in Omaha, I wouldn’t complain a bit, lol...

Ciao..LiO...Peace

S.O.Boy · Post by **S.O.Boy** » Wed Dec 16, 2020 7:06 pm

https://www.cnn.com/2020/12/07/business ... index.html

ita · Post by **ita** » Fri Dec 18, 2020 9:43 am

Oak View Mall puts Little Free Library in a vacant storefront

You’ve seen them in front yards across the Omaha metro area.

There’s one at Morning Star Lutheran Church near 84th Street and Broadmoor Drive.

And now there’s a Little Free Library in an unused bay at Oak View Mall.

It’s been there for a couple of months, and it’s being noticed, said Amber Bakken, the mall’s property manager.
...
Now the library has about 200 books that have been provided not only by businesses, but also by store associates, mall walkers, customers and community groups.

This is a nice alternative use in Oakview mall. We need more creativity in determining how to utilize this space.

skinzfan23 · Post by **skinzfan23** » Fri Dec 18, 2020 10:06 am

I agree, great use of the space!

Post by **Omaha Cowboy** » Fri Dec 18, 2020 10:31 am

Yes- excellent use of space at Oakview. Sounds like it’s a great resource...

Ciao..LiO...Peace

omaharich · Post by **omaharich** » Fri Dec 18, 2020 3:41 pm

wish they could have moved the horse track and casino to this area.....

michaelsjewel · Post by **michaelsjewel** » Thu Mar 11, 2021 9:31 am

An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.

Louie · Post by **Louie** » Thu Mar 11, 2021 10:05 am

michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.

That's probably a huge percentage of their rental income going bye bye.

michaelsjewel · Post by **michaelsjewel** » Thu Mar 11, 2021 10:08 am

Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.

Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.

Louie · Post by **Louie** » Thu Mar 11, 2021 10:08 am

michaelsjewel wrote: Thu Mar 11, 2021 10:08 am
Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.
Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.

Oh wow, I didn't know that.

omaha79 · Post by **omaha79** » Thu Mar 11, 2021 10:14 am

Louie wrote: Thu Mar 11, 2021 10:08 am
michaelsjewel wrote: Thu Mar 11, 2021 10:08 am
Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.
Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.
Oh wow, I didn't know that.

Did Dillards own their spot in Crossroads too? Just curious. If they did, it would show that they aren't averse to to abandoning a location they own.

Post by **Omaha Cowboy** » Thu Mar 11, 2021 10:17 am

omaha79 wrote: Thu Mar 11, 2021 10:14 am
Louie wrote: Thu Mar 11, 2021 10:08 am
michaelsjewel wrote: Thu Mar 11, 2021 10:08 am
Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.
Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.
Oh wow, I didn't know that.
Did Dillards own their spot in Crossroads too? Just curious. If they did, it would show that they aren't averse to to abandoning a location they own.

Dillard’s owns their Oakview parcel. Not sure about the old Crossroads location, but I don’t think they did..

This is why I just don’t see Dillard’s uprooting their Oakview location...

Ciao..LiO...Peace

michaelsjewel · Post by **michaelsjewel** » Thu Mar 11, 2021 10:38 am

Omaha Cowboy wrote: Thu Mar 11, 2021 10:17 am
omaha79 wrote: Thu Mar 11, 2021 10:14 am
Louie wrote: Thu Mar 11, 2021 10:08 am
michaelsjewel wrote: Thu Mar 11, 2021 10:08 am
Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.
Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.
Oh wow, I didn't know that.
Did Dillards own their spot in Crossroads too? Just curious. If they did, it would show that they aren't averse to to abandoning a location they own.
Dillard’s owns their Oakview parcel. Not sure about the old Crossroads location, but I don’t think they did..

This is why I just don’t see Dillard’s uprooting their Oakview location...

Ciao..LiO...Peace

Well I heard it from a Dillard's employee that ...that is their long term plan to buy Yonkers parcel at Westroads and make it 3 stories...and get out of Oakview. Basically the plan is to convert Oakview to something else. I don't think the mall will be torn down like Crossroads, but it's going to really suffer even more if Dillard's does in fact leave.

Greg S · Post by **Greg S** » Thu Mar 11, 2021 11:25 am

michaelsjewel wrote: Thu Mar 11, 2021 10:38 am
Omaha Cowboy wrote: Thu Mar 11, 2021 10:17 am
omaha79 wrote: Thu Mar 11, 2021 10:14 am
Louie wrote: Thu Mar 11, 2021 10:08 am
michaelsjewel wrote: Thu Mar 11, 2021 10:08 am
Louie wrote: Thu Mar 11, 2021 10:05 am
michaelsjewel wrote: Thu Mar 11, 2021 9:31 am An associate at Dillard's the other day said that Dillard's plans to buy the Yonkers at Westroads...and remodel it to 3 stories...and move out of Oakview...
I honestly don't think Oakview will survive as a mall after Dillard's leaves.
That's probably a huge percentage of their rental income going bye bye.
Maybe.... but it's to my understanding that Dillard's owns their portion of the mall, not renting it.
Oh wow, I didn't know that.
Did Dillards own their spot in Crossroads too? Just curious. If they did, it would show that they aren't averse to to abandoning a location they own.
Dillard’s owns their Oakview parcel. Not sure about the old Crossroads location, but I don’t think they did..

This is why I just don’t see Dillard’s uprooting their Oakview location...

Ciao..LiO...Peace
Well I heard it from a Dillard's employee that ...that is their long term plan to buy Yonkers parcel at Westroads and make it 3 stories...and get out of Oakview. Basically the plan is to convert Oakview to something else. I don't think the mall will be torn down like Crossroads, but it's going to really suffer even more if Dillard's does in fact leave.

I can't imagine that employee was well informed. Why on earth would Dillards make that store 3 stories? With 2 you are already sitting at about 200,000 square feet. Dillard's like many other retailers is watching it's expenditures right now (they have not gone into Sioux Falls like was announced a couple years ago).

If they do go to Westrods, I can't imagine they will do any major rebuilds to the artist formerly known as Younkers.

Greg

Post by **Omaha Cowboy** » Thu Mar 11, 2021 11:50 am

Yeah, we’ve heard this rumor before from an “employee” that Dillard’s was going to close Oakview for probably 5 or so years now..and it never happens..

Dillard’s owns their Oakview parcel, so I just don’t see them closing it.. But, I can see Dillard’s opening a 2nd Omaha location as they may be under serving a 1 million metro population market..remember, for many years, there were 3 Dillard’s locations serving the Omaha metro including the old Mall of the Bluffs location...

Ciao..LiO...Peace

ita · Post by **ita** » Thu Mar 11, 2021 2:05 pm

If this rumor is true there is some positive to this. For instance, if the owners of oakview have some kind of redevelopment plan, they could buy the dillards building and end up consolidating ownership of a huge swath of the land. According to the county GIS, dillards owns a large portion of the land/parking lot on their side of the mall. All's left would be JC penny. One of the big hurdles for crossroads redevelopment was the fractured ownership of the mall and department stores.

Cermak · Post by **Cermak** » Thu Mar 11, 2021 2:42 pm

Dillard’s at Westroads makes sense. Keep all the mall stores together at the only remaining decent mall in the metro. That would be good news if they moved from OakView to Westroads.

Greg S · Post by **Greg S** » Thu Mar 11, 2021 3:10 pm

Cermak wrote: Thu Mar 11, 2021 2:42 pm Dillard’s at Westroads makes sense. Keep all the mall stores together at the only remaining decent mall in the metro. That would be good news if they moved from OakView to Westroads.

It would be nice to get the Younkers space filled by a true anchor like Dillard's. Would be awesome if it was a new to market one but it's hard to see any doing that in this economic market. It would be a cheaper way to do it vs having to build. If Dillard's does own their store at Oak View I think it complicates a move by them. If they don't or didn't, it would probably be a no brainer for them.

Greg

Post by **Omaha Cowboy** » Thu Mar 11, 2021 3:12 pm

Lol..

Well, I’d recommend not holding your breath waiting/hoping for the Oakview Dillard’s to close anytime soon..

Like I always say, we shall see...

Ciao..LiO...Peace

Post by **Omaha Cowboy** » Thu Mar 11, 2021 3:32 pm

Greg S wrote: Thu Mar 11, 2021 3:10 pm I If Dillard's does own their store at Oak View I think it complicates a move by them.

Greg

And as I’ve intimidated in several posts here, it also could be that Dillard’s wants to add into the Omaha market by moving into Westroads. I realize times are different today..but there was a time, in the 1990’s the Omaha market was served by 3 Dillard’s..and had a metro population some 300,000+ smaller..

It would make sense to add into a growing 1 million population market if their business model shows its being underserved...

Ciao..LiO...Peace

plaidguy · Post by **plaidguy** » Thu Mar 11, 2021 10:39 pm

The marketing materials for Heartwood Preserve include an aerial view of Westroads with the major retailers named. Over the Younkers space it reads Dillard’s Coming 2022. The county assessor shows a sale record of that building for $13M in spring 2020 from the developer in Lincoln who owned it to an entity called Westroads Anchor Acquisition LLC. Certainly two signs which point to a tenant like Dillard’s.

I too strongly doubt the addition of a third floor. With retailers everywhere decreasing their square footage, there doesn’t seem to be an incentive to add to an already large anchor building. Go into most Macy’s and you’ll find one or more areas blocked off by screens in order to reduce the space. Plus that building already has a hidden closed off space on the third floor. The Jones Store used to have a furniture department. Younkers walled it off and used it for stock. All the display vignettes are just as they were when it was built. See the photos below.

Suppose we will have to see if this ends up being an addition or replacement for Dillard’s in our market. As much as I’d love to see two, it just doesn’t seem feasible. There might be two stores for a while, but with Dillard’s knack for clearance stores that could be the Oakview fate, or at least a step before closure. For example, Indianapolis at over twice our size is now down to two Macy’s after having five just a few years ago. Being able to hang onto even one department store these days is a miracle for any city, though I hope we prove to be the exception.

Garrett · Post by **Garrett** » Fri Mar 12, 2021 12:53 am

I don’t see the fact that Dillards owns the space as a huge impediment. They still pay taxes and various other fees to maintain the space. If it needs a renovation they may as well uproot to a significantly more active location and sell their store in Oak View. No way in heck will there be 2 in the metro. Omaha may be growing, but the department store market is definitely not.

Post by **Omaha Cowboy** » Fri Mar 12, 2021 8:06 am

Regarding whether or not Dillard’s will add a 2nd Omaha location at Westroads, only their business model knows for sure..

Regarding Dillard’s closing Oakview and moving to Westroads.. Just look at the history of this thread. This rumor gets dusted up about every year or so..then nothing happens..then we move on..

Which will likely be the case, once again, here...

Ciao..LiO...Peace

Greg S · Post by **Greg S** » Fri Mar 12, 2021 9:16 am

Omaha Cowboy wrote: Fri Mar 12, 2021 8:06 am Regarding whether or not Dillard’s will add a 2nd Omaha location at Westroads, only their business model knows for sure..

Regarding Dillard’s closing Oakview and moving to Westroads.. Just look at the history of this thread. This rumor gets dusted up about every year or so..then nothing happens..then we move on..

Which will likely be the case, once again, here...

Ciao..LiO...Peace

Yeah it can depend on the viability of Oak View for shopping. I think if JCPennny were to consolidate to one store at Westroads. Dillard's would have to look at moving as well. Business model or not, I just couldn't see any reason in today's climate though that Dillard's would have add a 2nd store that close. If Dillard's goes to Westroad's it would definitely be at the expense of their Oak View store.

Greg

Post by **Omaha Cowboy** » Fri Mar 12, 2021 9:57 am

Greg S wrote: Fri Mar 12, 2021 9:16 am
Omaha Cowboy wrote: Fri Mar 12, 2021 8:06 am Regarding whether or not Dillard’s will add a 2nd Omaha location at Westroads, only their business model knows for sure..

Regarding Dillard’s closing Oakview and moving to Westroads.. Just look at the history of this thread. This rumor gets dusted up about every year or so..then nothing happens..then we move on..

Which will likely be the case, once again, here...

Ciao..LiO...Peace

Yeah it can depend on the viability of Oak View for shopping. I think if JCPennny were to consolidate to one store at Westroads. Dillard's would have to look at moving as well. Business model or not, I just couldn't see any reason in today's climate though that Dillard's would have add a 2nd store that close. If Dillard's goes to Westroad's it would definitely be at the expense of their Oak View store.

Greg

Well, one things for sure, the latest employee “rumor” that Dillard’s is leaving Oakview has dusted up our usual (annual) conversation at least

...

Ciao..LiO...Peace

michaelsjewel · Post by **michaelsjewel** » Sat Mar 13, 2021 1:35 pm

https://www.cbre.us/research-and-report ... ew-Q2-2020

Cermak · Post by **Cermak** » Sat Mar 13, 2021 3:04 pm

michaelsjewel wrote: Sat Mar 13, 2021 1:35 pm https://www.cbre.us/research-and-report ... ew-Q2-2020

Thanks for this update, something to think about. I think most of us would like to see at least one surviving Mall in Omaha. Westroads seems to be best positioned to be the one.

Csmac · Post by **Csmac** » Sun Mar 14, 2021 7:54 pm

I heard ikea is looking into building smaller stores in adjunct to Class B struggling shopping malls. Around 45 of them in the coming years. I’ve heard rumors of IKEA looking at locations in Omaha specifically Oakview but they are just rumors as of now

Dundeemaha · Post by **Dundeemaha** » Tue Mar 16, 2021 7:35 am

I don't think I've ever seen an IKEA that wasn't right next to an interstate offramp.

jomaha9 · Post by **jomaha9** » Tue Mar 16, 2021 8:50 am

Agreed. If IKEA were to ever locate in the Omaha area, the most likely location would be Heartwood as it is located next to the West Dodge Expressway. Outside of Heartwood, Village Pointe, or Westroads, there really are not any large shopping centers located near freeways or the Interstate in Omaha (oddly enough given our dependency on auto transportation in this town).

ita · Post by **ita** » Tue Mar 16, 2021 9:57 am

I just read an article about Ikea's plan to open smaller stores, but it seemed like they would be in urban areas. The article stated 50 stores in urban cities around the world. In the US, LA, Chicago, and NY were identified as currently eyed cities. I would imagine Omaha is low on that list, and even if we were on a list for a smaller store, that format seems initially to be in urban settings.

https://www.businessinsider.com/ikea-to ... ic-2020-10

Post by **Omaha Cowboy** » Tue Mar 16, 2021 11:59 am

Csmac wrote: Sun Mar 14, 2021 7:54 pm I heard ikea is looking into building smaller stores in adjunct to Class B struggling shopping malls. Around 45 of them in the coming years. I’ve heard rumors of IKEA looking at locations in Omaha specifically Oakview but they are just rumors as of now

I read the article regarding this. If it were to happen, Omaha landing a smaller IKEA concept store would be a major “get”.. For it to land somewhere within the Oakview Mousetrap would be close to earth shattering news..

But anything could happen...

Ciao..LiO...Peace

GetUrban · Post by **GetUrban** » Tue Mar 16, 2021 12:41 pm

Omaha Cowboy wrote: Tue Mar 16, 2021 11:59 am
Csmac wrote: Sun Mar 14, 2021 7:54 pm I heard ikea is looking into building smaller stores in adjunct to Class B struggling shopping malls. Around 45 of them in the coming years. I’ve heard rumors of IKEA looking at locations in Omaha specifically Oakview but they are just rumors as of now
I read the article regarding this. If it were to happen, Omaha landing a smaller IKEA concept store would be a major “get”.. For it to land somewhere within the Oakview Mousetrap would be close to earth shattering news..

But anything could happen...

Ciao..LiO...Peace

In my opinion, Oak view is not a good location for an IKEA since Oakview is a pain to get to from anywhere but within the general Millard area. IKEA would be more likely to locate by Nebraska Crossing since it’s so easy to get to from just about anywhere and they could capture more customers who are just passing through and more people from Lincoln. Crossroads would even be a better location than Oakview, even with NFM nearby.

ita · Post by **ita** » Tue Mar 16, 2021 1:16 pm

GetUrban wrote: Tue Mar 16, 2021 12:41 pm
Omaha Cowboy wrote: Tue Mar 16, 2021 11:59 am
Csmac wrote: Sun Mar 14, 2021 7:54 pm I heard ikea is looking into building smaller stores in adjunct to Class B struggling shopping malls. Around 45 of them in the coming years. I’ve heard rumors of IKEA looking at locations in Omaha specifically Oakview but they are just rumors as of now
I read the article regarding this. If it were to happen, Omaha landing a smaller IKEA concept store would be a major “get”.. For it to land somewhere within the Oakview Mousetrap would be close to earth shattering news..

But anything could happen...

Ciao..LiO...Peace
In my opinion, Oak view is not a good location for an IKEA since Oakview is a pain to get to from anywhere but within the general Millard area. IKEA would be more likely to locate by Nebraska Crossing since it’s so easy to get to from just about anywhere and they could capture more customers who are just passing through and more people from Lincoln. Crossroads would even be a better location than Oakview, even with NFM nearby.

I was also thinking Nebraska Crossing if Ikea had any intention to open a store in our region.

Greg S · Post by **Greg S** » Tue Mar 16, 2021 2:30 pm

If IKEA was coming and there was available land, I think Westroads area would be extremely attractive with access to 680, not to mention Dodge.

Greg

Post by **Omaha Cowboy** » Tue Mar 16, 2021 2:35 pm

I’m just interested in knowing if Omaha is considered one of the 42-50 world wide cities IKEA would be looking to move into..

Regardless of where one would go, it would be a major, major “get” for the Omaha metropolitan area..currently sporting a modest (but growing) 1 million metro population...

Ciao..LiO...Peace