Village Pointe (SWC 168 & West Dodge)

[djc311]

Federal Realty Investment Trust has acquired Village Pointe for $153.3 million.

Wonder if that is a good or bad thing.

Shoot, I should have mentioned that on here - when my wife and I attended the soft opening at North Italia there was a woman who we ran into that said she learned it had just been sold off by Red Development. According to her comments, she said this new owner is known to bring in high end retailers. I don't know how many vacancies currently exist at VP, but I'd find it hard to believe they could start bringing in places like Louis Vuitton, Tiffany's, Jimmy Choo, etc... but who knows.

[Louie]

Federal Realty Investment Trust has acquired Village Pointe for $153.3 million.

Wonder if that is a good or bad thing.

Their website showcases some nicer looking shopping plazas, probably a good thing.

[Greg S]

Grow Omaha reporting on a new smaller upscale department store is huge news for Village Pointe. Nice way to keep the momentum of landing and opening the Nordstrom's Rack. If it is Halls I never really thought I would see the day they opened a new one, let alone in Omaha.

[djc311]

Grow Omaha reporting on a new smaller upscale department store is huge news for Village Pointe. Nice way to keep the momentum of landing and opening the Nordstrom's Rack. If it is Halls I never really thought I would see the day they opened a new one, let alone in Omaha.

I saw that this morning as well. It also makes sense why Red Development stated they're not aware of any demolition considering they no longer own the property. And the current owners simply didn't respond.

Nice get for the area - actually surprised it's not going up the street at 192nd at Avenue One.

[Brad]

Grow Omaha reporting on a new smaller upscale department store is huge news for Village Pointe. Nice way to keep the momentum of landing and opening the Nordstrom's Rack. If it is Halls I never really thought I would see the day they opened a new one, let alone in Omaha.

Discussed that a little over here:
https://www.eomahaforums.com/viewtopic.php?t=26061

I just added additional details to it too.

[BIGO88]

Frost Gelato is opening up a location here.

https://www.frostgelato.com/location/village-pointe/