Several south-side construction and development projects are making progress as part of a multi-organization redevelopment effort. Together the three projects comprise the South Omaha Multipronged Economic Development Project, managed by Midwest Businesses and Projects with support from the Nebraska Department of Economic Development.
The projects are all recipients of North & South Omaha Recovery Grants, which were designed to support public and private entities to respond to the negative impact of COVID-19 and to build resilient and innovative communities in North and South Omaha. Each project is being developed with private partner companies.
Here’s a progress update:
South Omaha Global Market – Phase I
GPA Properties LLC is developing Phase I at 5125 South 24th Street. The project will create a mixed-use space for food, culture and entrepreneurship, incubate approximately 10 small businesses and generate about 150 construction jobs and 58 permanent jobs. Completion is expected in the second half of 2027. Construction is fully underway.
This project received a North & South Omaha Recovery Grant of $3.85 million.
29th & Jackson Townhomes
Collective Development LLC is building six, 4-bedroom townhomes with tandem garages and a cultural mural known as, We Are Woven Together, at 2901–2911 Jackson Street, which is just west of Interstate 480. Completion is expected in September 2026, creating 25 jobs. The townhomes are under construction and mostly enclosed. Interior work is underway.
This project received a North & South Omaha Recovery Grant of $900,000.
International Bakery Project
In 2025, Panaderia Internacional’s owners acquired the former Joe Tess Place property at 5424 South 24th Street to support expansion. GJ Property LLC was formed to advance the project. Grant funds will support acquisition and predevelopment studies, with results expected in 2027 following completion of feasibility studies. International Bakery plans to relocate to the building from its current location at 5106 South 24th Street.
This project received a North & South Omaha Recovery Grant of $450,000.
Midwest Businesses and Projects has supported all three partners through pre-construction and helped secure NSORG and City of Omaha TIF funding to support Panaderia Internacional’s expansion and property acquisition.
In the second half of 2026, Midwest Businesses and Projects will assist Panaderia Internacional and GJ Properties with feasibility studies, including design, cost estimates, scheduling, financial analysis, ROI, and business planning.
Photo above: The South Omaha Global Market construction by Jeff Beals
