Urbanity in Omaha: Increasing Downtown Density

January 28, 2026

Two of Omaha’s biggest construction projects currently underway are across 15th Street from one another, and together, they are contributing to downtown’s increasing urban density.

On the east side of the street is Mutual of Omaha’s $600 million future headquarters building. When it’s complete late this year, the 677-foot, 800,000 sq. ft. tower will house thousands of employees and will include one of the state’s largest parking garages. The tower is getting close to its “topping-out” moment, when the final piece of structural steel is hoisted into position. Most of the exterior cladding is now in place.

One the west side of 15th Street is The Duo. NuStyle Development is converting the twin towers of Central Park Plaza from office space into hundreds of apartment units. Sullivan’s Steakhouse, a tenant in the south tower, will remain. The Mill Coffee Shop is going into the ground floor of the north tower. The south tower is complete, and it’s 272 apartment units are already full. Renovations are underway on the north tower. As part of the project, the old Park Fair Mall (on the west side of the block along the east side of 16th Street) is being demolished. In its place will be a 12-story building that will include seven levels of parking (open to the public) and five multi-family floors with 150 apartments. Altogether, the three buildings will have more than 700 apartment units.

Photo by Brad Williams

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