News Briefs

Former FNBO Building Is Now a Preschool

Ivy Brook Academy, a half-day preschool, is opening August 12th in former FNBO branch building southeast of 168th & Giles Road. Ivy Brook started in Charlotte, N.C. and now has 60 locations. The closest existing locations are in Rogers, Ark. and in the Denver area. – Grow Omaha Staff

Progress Happening at 84th & L

The former H&H Chevrolet dealership at 84th & L Street has been demolished. Once all the debris is removed, construction can begin on Food Bank for the Heartland’s $37 million, 105,000 sq. ft. new building. H&H recently moved to the Steel Ridge development near Interstate 80 & Highway 370. – Grow Omaha staff

Blue Hawaii Opens at Aksarben

Blue Hawaii, a new sushi restaurant, has officially opened at 1301 South 72nd Street in Aksarben. The locally owned restaurant is a spin-off concept from the owners of Oma’Oma’O Poke & Sushi at 124th & West Dodge Road. – Nicole Buntgen

Latest Project

Demolition Clears Path for UNMC Residence Hall

Demolition Clears Path for UNMC Residence Hall

Crews have started tearing down a handful of houses and small apartment buildings near 39th & Dewey Street to make way for the University of Nebraska Medical Center’s $65 million residence hall. When complete, the 6-story building will house...

Featured Stories

Second Quarter Commercial Real Estate Market News

Second Quarter Commercial Real Estate Market News

NAI NP Dodge produces a report on Omaha’s commercial real estate market each quarter. Below are some highlights for Q2 of 2024. Omaha’s office, retail and industrial markets remain impressively strong. Office Market The 48.6 million sq. ft. Omaha office market ended the 2nd quarter of 2024 with a vacancy rate of 7.0 percent, which was up a tad from last quarter. Absorption over the past 12 months was 176,000 sq. ft. Rental rates were up to $25.30. Approximately 1.3 million sq. ft. of office space is under construction at this time, about the same as last quarter. Retail Market More than 66 million sq. ft. of retail space was considered for this report, which is based on CoStar data. At this time, 434,000 sq. ft. of retail space is under construction, which is up from last quarter. Vacancy was 4.4 percent, down. Rental rates were $17.43 per square foot. The 12-month net absorption was 334,000 sq. ft. at the end of the quarter, down substantially from the previous period. Industrial...

Nearly a Dozen More Downtown Development Projects Planned for 2024

Nearly a Dozen More Downtown Development Projects Planned for 2024

During a press conference called last week to provide streetcar updates, Omaha Mayor Jean Stothert shared some interesting information that so far hasn’t garnered much attention. Eleven significant, but yet-to-be-announced, real estate projects totaling $400 million are now in the active planning stages in the urban core. We expect many, or possibly all, of these projects to be announced by the end of the year. These mystery projects – known to city officials and the respective developers but not the general public – are part of $1.3 billion in real estate development identified so far that will help pay for the future streetcar system that will connect downtown Omaha to the University of Nebraska Medical Center. The streetcar is expected to open in 2028. If a development within a few blocks of the future streetcar line receives Tax Increment Financing from the city, part of that money will be used to pay for the streetcar. Therefore, in order for the mystery projects to be included,...

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Greater Omaha
Chamber

How Do We Rate?

How Do We Rate?

When you think of a chamber of commerce, you might expect them to proudly highlight the strengths of their community – after all, chambers are often referred to as community cheerleaders. Yet, when others provide testimonials or competitive rankings, they offer an...

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Omaha

Omaha
Transportation

Different Types of Transit and What that Means for Omaha

Different Types of Transit and What that Means for Omaha

I cringe when I hear someone mention the idea that we need to build light rail between Omaha and Lincoln… not because I don’t agree that more and better transit is needed between the two cities, but because of the lack of understanding of what the most applicable mode...

New Restaurants

Coming Soon

Dunkin’ Donuts

Waterford Crossing
156th & Ida Street
Estimated opening: July 2024

New Retailers

Coming Soon

Fly Fitness

1501 Mike Fahey Street
in the Builders District
Estimated opening: this fall

Grow Omaha Eats

Talus Brings Comfort Fusion to Papillion

Talus Brings Comfort Fusion to Papillion

The sign went up above Talus’ space in Papillion in February of 2020 and immediately started creating a buzz. A month later, the pandemic stalled plans, and it wouldn’t be until August 2022 until the doors finally opened. Owner and senior executive chef Aron Mackevicious started…

Grow Omaha Flicks

‘The Bikeriders’ is all Rev with No Engine

‘The Bikeriders’ is all Rev with No Engine

★ ★ This film is inspired by a book of the same title by Danny Lyon, which is a collection of photographs and transcribed interviews from 1963 to 1967. The movie follows a similar format, a collection…

‘The Watchers’ is a Dry Fairy Tale Thriller

‘The Watchers’ is a Dry Fairy Tale Thriller

★ ★ The Watchers manages to take an intriguing concept and make it woefully bland. The performances are wooden, the dialogue is dry and the script relies heavily on characters describing the story in order to carry the plot forward. The film stars Dakota Fanning as Mina…