Grow Omaha
Projects

Progress continues on the Mutual of Omaha headquarters building at 14th & Farnam Street. As of June 9th, the reinforced concrete shear tower has risen above 15 stories. When completed in 2026, the 45-story, 677-foot skyscraper will be the tallest building in a multi-state region. 

The University of Nebraska Board of Regents approved a $72 million contract with McCarthy Building Companies to construct the University of Nebraska Medical Center’s CORE building at Saddle Creek Road & Farnam Street. It will house administration offices and research facilities. Completion is planned for summer 2026.

Additionally, the Regents approved items related to UNMC’s Project NExT – an amendment to the interlocal agreement between UNMC and the City of Omaha and funding for the planning of Phase 1. Project NExT will be completed in phases, beginning with “Project Health,” consisting of $2.19 billion academic teaching hospital facility. The city will provide up to $45 million toward planning and construction and $20 million for public improvements. The approved funding for planning phase of Project Health totals $9.1 million and will involve engaging HDR and Kiewit Building Group.

Construction is well underway and the new building is mostly enclosed for the future Hotpot 88 restaurant at 2502 South 130th Avenue. The Asian cuisine restaurant is located on the site where Stoysich House of Sausage once stood.

In this aerial provided by the Omaha Airport Authority, you can see the steel superstructure going up that will support the canopy over the drop-off/pick-up area. You can also see that construction on the $950 million terminal expansion and modernization project has already started. Concrete has been removed on the north side of the terminal and near the south satellite (where the Delta and American gates are located). 

NuStyle Development plans to convert the Central Park Plaza twin towers downtown into 700 apartment, renaming the project as “The Duo Omaha.” The $163 million project will renovate the buildings in three phases with final completion occuring in 2027. Sullivans Steakhouse will remain in the south tower. The old Park Fair Mall — on the west side of the complex along 16th Street — will be torn down and replaced with a city-owned parking garage. Some of the apartments (150 units) will be constructed on top of that new garage. 

Sullivan Development Company is excited to announce it has broken ground on Leavenworth Lofts, a 28-unit apartment building located at 3612 Leavenworth Street and strategically positioned within walking distance of UNMC. With construction scheduled to be completed Spring of 2025, Leavenworth Lofts will include one bedroom and one bedroom with den floorplans averaging 1,000 square feet. Penthouse units on the fifth-floor will also be available and feature secured access and private roof top terraces. Unique to Leavenworth Lofts is a short-term rental option for units on the lower level as well as a gallery in the lobby that will spotlight rotating exhibits by local artists.

Additionally, concierge housekeeping services will be available throughout the building along with a
controlled-entrance garage.

The Omaha Airport Authority announced a $950 million terminal expansion and modernization project for Eppley. The plan will nearly double the terminal’s square footage while adding two new gates and an international arrivals hall. Centralized security and ticketing. One long concourse. More restaurants and retail beyond the security checkpoint. Completion scheduled for 2028. Much of the new concourse will be in operation well before the final completion date. 

Construction is coming along on the $600 million Mutual of Omaha headquarters site. The 44-story, 800,000 sq. ft. building will open in 2026. At 677 feet tall, it will be the tallest building in a multi-state region.