Mercantile (Conagra campus development)

[skinzfan23]

Thats what I thought (with the exception that the first iteration had a little more character)

[ita]

Here's my picture (through car window) update of the exterior:

[Athomsfere]

Here's my picture (through car window) update of the exterior:

I can't wait for the fencing to come down and see this complete!

[mgoett]

I was pleasantly surprised by the face of it. Looked like old market buildings.

[skinzfan23]

This is the current view from WOWT citycam:

[Louie]

It really is expanding the feel of downtown so much further east. If you haven't been down there in person, I highly recommend it.

[U R my Helix]

We need a name change for this topic. Mercantile not Mercentile. More specifically though the building in phase 1 looks to be called Brickline at the Mercantile. or perhaps merge this with the one at viewtopic.php?t=18362

[skinzfan23]

Not a great picture because I just took a picture of the KETV skycam, but this gives a scope of the project from Embassy Suites

[omahahawk]

Thanks. Looks like they're assembling the crane for Farnam Pier as can be seen in the lower right.

[ita]

Not a great picture because I just took a picture of the KETV skycam, but this gives a scope of the project from Embassy Suites

Wow. This is a monster from this angle. It's hard to believe there is still a whole section, like 1/3 or 1/4 of the building, that still needs to go up. This could be a really nice retail strip for downtown. I think national retailers should be a target for the ground level commercial space.

[Athomsfere]

Not a great picture because I just took a picture of the KETV skycam, but this gives a scope of the project from Embassy Suites

Wow. This is a monster from this angle. It's hard to believe there is still a whole section, like 1/3 or 1/4 of the building, that still needs to go up. This could be a really nice retail strip for downtown. I think national retailers should be a target for the ground level commercial space.

Haha, yes. It looks Like Aksarben smushed into two blocks.

[skinzfan23]

[Brad]

Wait until you see the photo I snapped from the helicopter last night. This building just keeps going and going!

[skinzfan23]

Wait until you see the photo I snapped from the helicopter last night. This building just keeps going and going!

Can’t wait

[halgy]

Until recently, I didn't fully appreciate how that parking garage was going to work. In my ideal urbanist world, transit would be good enough that every new building wouldn't need a big parking structure like that. However, this approach of hiding the garage within the building like this is much preferable to almost any other solution. I hope future development in the city matches it.

[nativeomahan]

Until recently, I didn't fully appreciate how that parking garage was going to work. In my ideal urbanist world, transit would be good enough that every new building wouldn't need a big parking structure like that. However, this approach of hiding the garage within the building like this is much preferable to almost any other solution. I hope future development in the city matches it.

Agreed.

[Brad]

Aerial Photo from Sunday:

[Doctor Fate]

Aerial Photo from Sunday:

Awesome pics Brad! Is there supposed to be anything on the north side of the garage?

[Brad]

Awesome pics Brad! Is there supposed to be anything on the north side of the garage?

Thanks, I believe so. I think all these walls staged to the east in this photo are for that north side:

[Omaha Cowboy]

Aerial Photo from Sunday:

It’s really amazing what a huge density building project this is..

Your pics capture that perfectly …

Ciao..LiO…Peace

[skinzfan23]

Great photo! Came through as promised. I love the density of the buildings but being that long I would have loved to have seen a little more height with these.

[GrowUpFrances]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

[ita]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

[djc311]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

Blows my mind that people are getting paid that well in Omaha where spending $2000/month on rent seems like a good idea. I realize the housing market is all over the place right now, but wow!

I haven't been paying a lot of attention to this Mercantile development... I'm assuming all of that ground level space is for retail/office? Is the concept to try and lure small businesses into these bays?

[Cermak]

These are pricey. Be interesting to see how they do in Omaha. I get some people don't want to buy and would rather rent. Home ownership comes with its own set of problems and responsibilities.

[iamjacobm]

I had heard they were shooting for $2+/sf. Will be interesting to see how the lease up goes.

[Athomsfere]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

[Doctor Fate]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

[Louie]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

[TitosBuritoBarn]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

$68K straight out of college? Well, I'm in the wrong field..

[Louie]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

$68K straight out of college? Well, I'm in the wrong field..

Speaking from a business admin degree and going into sales...most of my contemporaries and I were making that much just a couple years in about a decade ago.

[Athomsfere]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

This is basically me. Except I'll never own another detached single family home. It was my personal worst nightmare.

[Doctor Fate]

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

Yes, and I definitely made that amount. My comment was more relating to Athomsfere's mention of urban lifestyles and access to amenities downtown (and in our building).

On a side note, the exact apartment we had is now $2500.

[djc311]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

$68K straight out of college? Well, I'm in the wrong field..

Bringing up a topic from a different discussion... just don't expect to be a K-12 teacher anywhere straight out of college making $60k. But I guess if there aren't elementary schools within walking distance of your appt, then you wouldn't want to live there anyway.

BTW, I earned a BA in business in 1997... was nowhere close to $68k/year after college... i MIGHT be there finally. Guess I don't know where to look for good paying jobs. Based upon that "rule", I should probably be earning about double what I do and drive a Lexus.

[Louie]

Brickline recently updated their website, now detailing all of the planned amenities:
https://bricklineatthemercantile.com/

Nice find! Holy cow, prices here are crazy. It's $1100-1300 for a sub-500 sq. ft. studio, and $1700 for a 1 bed.

I mean, it makes perfect sense to me. If you have a decent paying job, and want to be able to live an urban lifestyle in a newer building.

$1700/ month, minus $400+ for a car payment and $100/ month for comprehensive insurance, and gas of course.

It gets you access to events, a walkable district, paths for jogging / biking, and the night life.

Before we built our house, my wife and I lived in downtown Salt Lake City for this very reason. Our rent was about $1800 for a 900 sq ft 1 bedroom, but we got rid of my car (was paid off but we dropped all associated costs). Public transportation on the lightrail was free, we had a grocery store in our building, I worked downtown at the time so my commute was minimal. And we were close to all of the events, shopping, restaurants, bars, and energy downtown. It was really nice/fun.

I mean if we follow the classic 30% rule, the one bed could be supported by a $68k job. Thats not an out-of-the-ordinary salary for a first-year college degree in 2022. Or many other trades/jobs too.

$68K straight out of college? Well, I'm in the wrong field..

Bringing up a topic from a different discussion... just don't expect to be a K-12 teacher anywhere straight out of college making $60k. But I guess if there aren't elementary schools within walking distance of your appt, then you wouldn't want to live there anyway.

BTW, I earned a BA in business in 1997... was nowhere close to $68k/year after college... i MIGHT be there finally. Guess I don't know where to look for good paying jobs. Based upon that "rule", I should probably be earning about double what I do and drive a Lexus.

Well, the rule defines how much you can safely spend on rent or a mortgage without stretching yourself too thin. So by saying that you should earn double of what you might be currently making ($68k), you're telling us your current mortgage/rent is around $3400 give or take. That would also not take into account if there are two incomes in your household, of course. So you could, in effect, have two of these 1 bedroom apts.

[skinzfan23]

I have a BA in business and graduated college in 2008. I can tell you that the average starting wage is no where near $68k for customer service. I now have a securities license and deal with annuities with almost 15 years experience and even with an annual bonus I still don't make that much (close but not quite) Obviously, sales can be a lucrative position so that could be higher, but I would say that the median income in Omaha is around $40,000 on the high end (prob more in the $35,000 range)

[Omaha Cowboy]

Gross annual income aside, I think we can all agree this is a significant, density adding development with awesome mixed use/residential..which will be part of the plan to attract more residents and visitors into our downtown core..

I can’t wait until it’s completed …

Ciao..LiO…Peace

[Garrett]

I have a BA in business and graduated college in 2008. I can tell you that the average starting wage is no where near $68k for customer service. I now have a securities license and deal with annuities with almost 15 years experience and even with an annual bonus I still don't make that much (close but not quite) Obviously, sales can be a lucrative position so that could be higher, but I would say that the median income in Omaha is around $40,000 on the high end (prob more in the $35,000 range)

Median household income is 62k. 25-44 is 66k, 45-65 is 76k.

https://www.point2homes.com/US/Neighbor ... phics.html

[djc311]

Did anyone answer my question about what's going on the ground floor? Are they designed to be standard retail space (ie, strip mall style)? About 1200-1500 sq ft per space give or take? Any tenants signed on for this project that anyone is aware of?

Anything exciting new to market stuff?

[ita]

Did anyone answer my question about what's going on the ground floor? Are they designed to be standard retail space (ie, strip mall style)? About 1200-1500 sq ft per space give or take? Any tenants signed on for this project that anyone is aware of?

Anything exciting new to market stuff?

I think the folks behind the food hall at Westroads we're going to find the tenants for the ground floor retail. That was announced a couple years at this point, haven't seen or heard anything since.