Heartwood Preserve (144th Dodge/Pacific)

[BuildTaller]

[Stan]

Very nice picture of an unremarkable development! Also, I can see my house from here.

[mattrh]

I drop my kid off at MN everyday and watching these models going up basically right on Applied Parkway. My question is how are these owners going to react or the new apt dwellers when the band starts practicing for 2 hours at 7 am and 3 to 4 hours every night until 9pm from August until the end of October. They aren't quiet.

[almighty_tuna]

I drop my kid off at MN everyday and watching these models going up basically right on Applied Parkway. My question is how are these owners going to react or the new apt dwellers when the band starts practicing for 2 hours at 7 am and 3 to 4 hours every night until 9pm from August until the end of October. They aren't quiet.

Welcome to the forums!

[ConcreteCornhusker]

I drop my kid off at MN everyday and watching these models going up basically right on Applied Parkway. My question is how are these owners going to react or the new apt dwellers when the band starts practicing for 2 hours at 7 am and 3 to 4 hours every night until 9pm from August until the end of October. They aren't quiet.

I grew up a few miles from MN and have core memories of hearing the band playing every morning. As a 6 or 7 year old I was amazed we could hear the drumline so far away.

Being across the street from the band is going to beyond loud! Hopefully $1.2 million gets you some pretty solid insulation ha!

While out of my price point, these condos they are building will be really cool if they can find enough people to fill in the development.

[Garrett]

Back in my day in the band we had to be quiet for a decent amount of time in the morning because of noise complaints. I'm sure this won't help haha

[almighty_tuna]

Back in my day in the band we had to be quiet for a decent amount of time in the morning because of noise complaints. I'm sure this won't help haha

Hah! 7am and we're walking through the parking lot of the school seeing how many car alarms we could set off on the way to the practice field. We had no chill. It's always a treat to me when I hear a band in the morning.

[bubba]

Back in my day in the band we had to be quiet for a decent amount of time in the morning because of noise complaints. I'm sure this won't help haha

Hah! 7am and we're walking through the parking lot of the school seeing how many car alarms we could set off on the way to the practice field. We had no chill. It's always a treat to me when I hear a band in the morning.

No Chill ????

[Louie]

Back in my day in the band we had to be quiet for a decent amount of time in the morning because of noise complaints. I'm sure this won't help haha

Hah! 7am and we're walking through the parking lot of the school seeing how many car alarms we could set off on the way to the practice field. We had no chill. It's always a treat to me when I hear a band in the morning.

No Chill ????

it means they were acting wild

[mcarch]

Back in my day in the band we had to be quiet for a decent amount of time in the morning because of noise complaints. I'm sure this won't help haha

Hah! 7am and we're walking through the parking lot of the school seeing how many car alarms we could set off on the way to the practice field. We had no chill. It's always a treat to me when I hear a band in the morning.

No Chill ????

it means they were acting wild

I say, play away! It's the point of living next to a school. You have to take the bad with the good. And if you can't realize that, then move. Hey, I'm here to help lol

[BRoss]

Grow Omaha is reporting a new barn will be going in where the old barn was until it fell apart and that it will be used as an event venue.

[OverlookedFarm]

I'm a REALTOR®. One already sold for $1.6m. One is for sale at $1.2m. I've looked at developments and houses in Omaha since I was 10 years old (every weekend) - I still have floor plans from 1986ish. I've watched things grow and get destroyed (flop, misplaced, etc.) by horrible development.

Trust me when I say, there IS demand for $350k -$450k row/townhomes in Omaha. If I had the money, I'd do it myself. But the big wigs here are the developers, etc. who want to and have buddies who have the money live in the more central city in their "next best shiny thing."

It's like this: Just because I have a bunch of money, does not mean I can buy style... we have tons of people in this city with tons of money, who build custom homes that make no sense. They live in them for 2 years and then try to sell them for a premium price, but the insides are horrendous, or overly too taste specific. They then move on to the next custom home on the next piece of premium land and do the same thing.

We have developers who do the same thing. City planning does the same thing with their future land development. As someone said above, more strip centers on the edge of town. It was approved because "it lines up with the future land development" - those are the words right out of the city planning department.

You and I can debate these things because we see them, we don't sit behind a desk looking at a flat map with zoning just picking out what we think should go there without esthetics in mind, example: terrain - apartment complex - just level that hill - commerical - just level that hill. Developers can't figure out how to USE that hill - apartment buildings with underground parking, terracing, row housing 2 floors on the front and 3 floors in the back with the garage in the basement, etc.

Incredibly accurate and well stated. I couldn't have said it better myself.

[PWL73316]

Went out for lunch with the wife here (it was fine). She commented that if you get a coffee at Starbucks it’s basically impossible to get out of the development if you don’t complete almost a full circuit. You can only turn right out of the parking lot, to turn left you need to make a very substantial detour. The development isn’t filled in so probably 90% of Starbucks traffic is trying to get out. Who designs these things?!

[TitosBuritoBarn]

Went out for lunch with the wife here (it was fine). She commented that if you get a coffee at Starbucks it’s basically impossible to get out of the development if you don’t complete almost a full circuit. You can only turn right out of the parking lot, to turn left you need to make a very substantial detour. The development isn’t filled in so probably 90% of Starbucks traffic is trying to get out. Who designs these things?!

It’s easier and more cost effective to build shopping center roads for expected traffic now than to go back and rip them out and rebuild later once more of the development is filled in.

Plus Starbucks was probably more concerned with visibility than ease of access.

[djc311]

Went out for lunch with the wife here (it was fine). She commented that if you get a coffee at Starbucks it’s basically impossible to get out of the development if you don’t complete almost a full circuit. You can only turn right out of the parking lot, to turn left you need to make a very substantial detour. The development isn’t filled in so probably 90% of Starbucks traffic is trying to get out. Who designs these things?!

Be careful - you don't want to offend those that also design the roundabouts that have fixed all of the traffic nightmares in Omaha

[Urbanbound]

Seems fairly straightforward to me.

[Brad]

Seems fairly straightforward to me.

The "roads" I highlighted in yellow are actually just private driveways for the parking lot. The city streets are Branch, Canopy, 144th and 145th. The city road network in there is fairly standard. The city doesn't want left turns that close to 144th street so the 5 lots share driveways to get people going in the direction they want to go like in Urbanbound's map. In an older development this would all take place in a standard/larger parking lot, not driveways disguised as roads..

Screenshot 2025-06-04 082743.jpg

[BRoss]

They really should have put a roundabout at 145th & Canopy. Too many people take the red arrows out of those lots and then try to u-turn there. They don't seem to be aware of the drive between Charleston's and Mahogany, which is the better way out.

[GenX]

Seems fairly straightforward to me.

The "roads" I highlighted in yellow are actually just private driveways for the parking lot. The city streets are Branch, Canopy, 144th and 145th. The city road network in there is fairly standard. The city doesn't want left turns that close to 144th street so the 5 lots share driveways to get people going in the direction they want to go like in Urbanbound's map. In an older development this would all take place in a standard/larger parking lot, not driveways disguised as roads..

Screenshot 2025-06-04 082743.jpg

Instead of following the blue line and its four left turns (if you want to end up north on 144th), just take the yellow route and flip a U-ey at Canopy. It's a protected left turn and U-turns are (currently) permitted.

[Stan]

Seems fairly straightforward to me.

The "roads" I highlighted in yellow are actually just private driveways for the parking lot. The city streets are Branch, Canopy, 144th and 145th. The city road network in there is fairly standard. The city doesn't want left turns that close to 144th street so the 5 lots share driveways to get people going in the direction they want to go like in Urbanbound map. In an older development this would all take place in a standard/larger parking lot, not driveways disguised as roads..

Screenshot 2025-06-04 082743.jpg

Instead of following the blue line and its four left turns (if you want to end up north on 144th), just take the yellow route and flip a U-ey at Canopy. It's a protected left turn and U-turns are (currently) permitted.

This is the way until they expand the development. Most people going to Starbucks will turn right onto Canopy to get there and will want to use Canopy to get out so they U-Turn.

[BRoss]

Pic from yesterday

2025-06-28 19.21.29.jpg

[BD PC Omaha]

I wonder when Applied is going to sell that half completed and now unneeded office building? It is starting to look like a scene from I am legend.

[Garrett]

160 room Marriott “Autograph Collection” hotel to be developed as part of The Row

https://growomaha.com/developer-plans-t ... -preserve/

[Urbanbound]

What is your source for "unneeded" ?

[OverlookedFarm]

What is your source for "unneeded" ?

Well, considering they have been building it now for over 8 years, and not in any apparent hurry to finish or occupy, I'd say it's pretty unneeded even by their standards. If you talk with any of the contractors, the project has pretty much no timeline.

Keep in mind, the grift was they were going to consolidate their Omaha operations and relocate their San Francisco based workforce (All pre covid).

Office space in Omaha has always been very soft. This project was a headscratcher to begin with considering the slow development at Sterling

[[email protected]]

My family attended a concert here last Saturday night and had an amazing time! I don't know who is doing the weekend events, but what a great time! I left with a postcard showing the event schedule and they have weekend events through September. https://heartwoodomaha.com/events/

[Nebraska>Iowa]

Dolfin Provides $150M in Transformational Financing for New Global Headquarters of Applied Underwriters

https://www.nwahomepage.com/business/pr ... erwriters/

Dolfin, a financial firm pioneering a new way to finance tenant improvements, today announced it has closed $150M in financing for Applied Underwriters to support the construction and long-term occupancy of their new global headquarters in Omaha, Nebraska.

The financing was structured as a transparent, 15-year credit-based Dolfin TI Lease, featuring a 12-month construction draw period that automatically converts into long-term lease-backed financing upon project completion. This innovative structure allows Applied Underwriters to preserve capital while executing a bold strategic expansion initiative.

[Garrett]

So in layman’s terms, they got a mortgage to finish building their headquarters?

[almighty_tuna]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

[riceweb]

So in layman’s terms, they got a mortgage to finish building their headquarters?

Seems like a rent-back agreement? Presumably this was AU's plan all along... find a partner that's willing to take on a certain ownership % valuing the building at a certain %. AU gets paid in essence for advancing the project along to this point and for providing a guaranteed tenant (themselves)?

[BuildTaller]

My family attended a concert here last Saturday night and had an amazing time! I don't know who is doing the weekend events, but what a great time! I left with a postcard showing the event schedule and they have weekend events through September. https://heartwoodomaha.com/events/

Are half the trees turning red or are they dying?

[nativeomahan]

Perhaps if they had set up a GoFundMe page a year ago the building would be further along today?

[OverlookedFarm]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

Yup. They broke.

They are pretty much in the same boat every other corporate property owner is in in Omaha. "Oh |expletive|, we are sitting on thousands of unoccupied class A office space, how do we turn in into cash by renting it out!" Same reason FNNI got out of property and more than half the UP center is empty.

[Louie]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

Yup. They broke.

They are pretty much in the same boat every other corporate property owner is in in Omaha. "Oh |expletive|, we are sitting on thousands of unoccupied class A office space, how do we turn in into cash by renting it out!" Same reason FNNI got out of property and more than half the UP center is empty.

UP is half empty?

[skip]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

Yup. They broke.

They are pretty much in the same boat every other corporate property owner is in in Omaha. "Oh |expletive|, we are sitting on thousands of unoccupied class A office space, how do we turn in into cash by renting it out!" Same reason FNNI got out of property and more than half the UP center is empty.

UP is half empty?

Not even close. Its full. Don't know what this one is talking about lol.

[Louie]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

Yup. They broke.

They are pretty much in the same boat every other corporate property owner is in in Omaha. "Oh |expletive|, we are sitting on thousands of unoccupied class A office space, how do we turn in into cash by renting it out!" Same reason FNNI got out of property and more than half the UP center is empty.

UP is half empty?

Not even close. Its full. Don't know what this one is talking about lol.

I was gonna say, lol

[iamjacobm]

Holy corporate adjectives, batman! It's a pioneering, innovative loan for a bold strategic expansion initiative! Let's circle back in five years.

Best,
Tuna

Yup. They broke.

They are pretty much in the same boat every other corporate property owner is in in Omaha. "Oh |expletive|, we are sitting on thousands of unoccupied class A office space, how do we turn in into cash by renting it out!" Same reason FNNI got out of property and more than half the UP center is empty.

UP is half empty?

Not even close. Its full. Don't know what this one is talking about lol.

I was gonna say, lol

Probably could move these to the UP building thread but Lund has been marketing a little over 200k SF of their space building for lease for maybe a year now.

[chateaubean]

Does anyone know what is being built West of Gunderson's?

[Brad]

Does anyone know what is being built West of Gunderson's?

I haven't looked in about a month, but last time I did the permit said it was a 2 story retail building, but the permit was for the shell only with no tenant names.

[Garrett]

3, 6 floor condo buildings to be built by an Arizona developer

https://growomaha.com/arizona-develope ... est-omaha/

Raymond Partners of Scottsdale, Ariz., plans to break ground in late 2025 or early 2026 on The Residences at Heartwood Preserve, a three-building condominium project surrounding an outdoor courtyard and swimming pool. Each building will be six stories high. The project will be built in three phases with Building 1 slated to open in the fall of 2028.
The site is on the southwest corner of Applied Parkway & Canopy Avenue just south of Valmont Industries’ global headquarters. Immediately to the east of the The Residences, is The Row, a walkable, mixed-use area, which will serve as Heartwood Preserve’s “downtown” area. So far, one building – a 4-story office building for Olsson – is currently under development in The Row.
Condo units in The Residences at Heartwood Preserve range from 1,730 sq. ft. to 3,073 sq. ft. Current offering prices start at $995,900 and go up to nearly $2.8 million per condo unit. The largest units have three bedrooms plus a den. Estimated Home Owners Association dues range from $865 to $1,537 per month.