Gresham
Gresham, NE · Real Estate
growomaha.com
Drury Plaza Hotel Moving Forward in the Old Market
The Drury development scored a big win last week for its 210-room, 8-story Drury Plaza hotel project at 10th & Harney Street. The Omaha City Council designated the project site as an Enhanced Employment Area (EEA), authorizing the hotel operator to collect a general business occupation tax which will go towards paying for public improvements within the project. The developer requested up to $7.5 million in their EEA application to help finance the $54 million project.
growomaha.com
The August 29th Lightning Round
Chicken Salad Chick is expanding into Nebraska with plans to develop seven locations across the Omaha, Lincoln and Grand Island markets. The Atlanta-based fast-casual chain has more than 340 locations and specializes in Southern-style chicken salad, sandwiches, soups and sides. The Noddle Companies Commercial Real Estate Development Spotlight visits Harvey...
WOWT
Omaha City Council to vote on TIF changes amid affordable housing concerns
OMAHA, Neb. (WOWT) - Tax increment financing projects have become increasingly controversial in Omaha, including projects like the Center Mall and Saddle Creek redevelopments. People are worried the city is handing public funding to apartment builds that are expensive and push people out of affordable neighborhoods. Next Tuesday, city council...
thereader.com
For the first time, more apartments than houses are being built in Omaha
When Maddie Hall flips through Zillow listings on her phone and sees what houses sell for these days, she thinks home ownership just isn’t financially possible. The 29-year-old event planner also worries about being tied down by a mortgage when staying mobile and flexible could help her advance in her career.
bestattractions.org
The Center Mall in Omaha, NE Has 227,600 Square Feet and No Stores. A Developer Wants 500 Apartments Instead.
The mall at 1941 South 42nd Street in Omaha, Nebraska, hasn't been a retail center in years. It's a five-story building full of small offices. The Center opened in 1955, one of the first enclosed multi-level shopping centers in the country. Younkers anchored it. Offices took most of the fourth floor from opening day.
WOWT
Developers give update on Omaha Crossroads project
OMAHA, Neb. (WOWT) - Developers and city leaders gave an update Wednesday on the Crossroads project near 72nd and Dodge streets, a development that has gone through two previous developers. The new Crossroads development is planned to include several blocks near the existing Target in the area. Block D would...
1011now.com
Former Lincoln hospital to become affordable housing for seniors, veterans
LINCOLN, Neb. (KOLN) - A portion of the former Veterans Hospital in Lincoln will soon be transformed into affordable housing for seniors and veterans, the City of Lincoln announced Wednesday. Mayor Leirion Gaylor Baird said the city is supporting the creation of 95 affordable homes through the redevelopment of the...
WOWT
Former City View Apartments among buildings in Omaha affordable housing project
OMAHA, Neb. (WOWT) - An Omaha apartment building, shuttered in August of last year, is looking at a new lease on life after an investment from the city. In a presser on Monday, Omaha Mayor John Ewing says the city has four projects for Urban Core Housing Fund commitments. Projects...
WOWT
Omaha City Council approves Drury Hotel despite planning board denial
OMAHA, Neb. (WOWT) - The Omaha City Council voted to approve a downtown hotel development that had been recommended for denial by Omaha’s planning board. Construction for the Drury Hotel near 10th and Harney went on as planned despite the denial. Hotel officials had applied for a tax incentive...
NebraskaTV
Lincoln plan would turn former VA hospital into affordable senior housing
LINCOLN, NEB — A new initiative in Lincoln aims to address the growing need for affordable housing for older residents by transforming a nearly century-old former Veterans Administration hospital into apartments for seniors. The city is supporting an $18 million plan to redevelop the building on South 70th Street...
commongoodnews.org
Omaha Developments: Workforce, Senior, and Historic Housing Plans
Embarking on a mission to reshape urban living, several development projects in Omaha aim to provide affordable housing for key community members. By fostering accessibility and inclusivity, these initiatives hope to strengthen the city’s social fabric, enabling educators, emergency responders, and other essential workers to live within the community they serve.
WOWT
Drury Hotel construction underway downtown despite denied tax incentive request
OMAHA, Neb. (WOWT) - Later this month, the Omaha City Council will have to decide whether to approve a special tax incentive that was denied by the Planning Board. The tax would help developers pay for the construction of a downtown hotel. Construction of the hotel appears to already be...
hoodline.com
Belmont Grill Closing After 42 Years in East Memphis
Belmont Grill, the knotty-pine tavern that has poured Beefeater martinis and slung wing sauce at the corner of Poplar Avenue in East Memphis for almost 42 years, will suspend day-to-day operations on Saturday, August 29th. The building at 4970 Poplar Avenue, roughly 90 years old and recently sold to a commercial real estate investment firm, needs expensive repairs and maintenance that helped push the closure, and owner Jeff Anderson says the shutdown may not be the concept's permanent end.
omahamagazine.com
Omaha Today! Greek Fest, CRE Summit, and Bands & Brews
Omaha Greek Fest returns this week with food, music, dancing, and church tours at St. John the Baptist Greek Orthodox Church. The Omaha Payphone Project is on view at Joslyn Castle’s Carriage House through Thursday. The CRE Summit returns Friday as Chris Mensinger helps guide the event into its...
growomaha.com
Kristi Andersen Discusses West Omaha’s New Downtown
Kristi Andersen, president of NAI NP Dodge Commercial Real Estate, joins Grow Omaha to discuss the strength of Omaha’s office, industrial and retail markets. The office market absorbed more than 200,000 sq. ft. during the past 12 months, the industrial market remains tight and more than 1 million sq. ft. of retail space is under construction.