PayPal has leased two floors in the Union Bank & Trust office building on the southeast corner of 144th & West Dodge Road. Interior renovations are wrapping up, and the space should be ready for move-in this fall. The digital payments company will occupy the entirety of floors two and four in the 5-story building. UBT occupies the first floor and most of the fifth. Accounting firm McFarlin & Brokke occupies a small portion of the fifth floor. PayPal’s logo now appears on the outside of the 137,000 sq. ft. building. San Jose, California-based PayPal has had a major presence in the Omaha area for more than 20 years and has employed thousands of local workers. At one time, the company occupied two sprawling buildings near the Interstate 80 & Giles Road interchange in La Vista’s Southport East area. PayPal sold those buildings last year. Omaha-based construction giant Kiewit now occupies much of that space. Since the pandemic, most of PayPal’s local workforce has been...

The Omaha City Council formally moved forward with the latest proposal for The Crossroads at 72nd and Dodge Street. Salt Lake City-based Woodbury Corp., the new developer, plans to invest $862 million to convert the site into a massive mixed-use development. As previously presented, the Crossroads project will be built in phases, with Phase 1 consisting of the development of three lots. Lot B on the north side of the overall development site borders Cass Street. A multifamily building and parking garage are planned for Lot B and will be the first to go vertical starting in 2025. South of Lot B is Lot E, which will serve as a town center boasting public space surrounded by retail. The lot west of Lot E, Lot D, will have an unidentified entertainment center. Both Lot D and E will have underground parking. In an effort to have more control over the projection of the development, the City will purchase the land and lease it to the Woodbury. The City will also own the parking garages and...