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Weekly Market Report – July 21, 2022
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Restaurant & Retail Updates
Red Anchor Seafood has opened in a former barbeque restaurant at Metro Crossing in Council Bluffs. According the restaurant’s Facebook page, Red Anchor features “Cajun-inspired cuisine with great selections of flavors and a juicy attitude.”
J’s Coffee & Donuts will hold a ribbon cutting Friday, July 29th at 149 West Broadway in downtown Council Bluffs. J’s serves hot or iced coffee and mini donuts as well as teas, Lotus refreshers and flavored lemonades.
Dirty Birds is getting close to opening its new location in the Flatiron Building at 1722 St. Mary’s Avenue downtown. The fried chicken restaurant is planning to be open the second week of August or possibly even earlier. Dirty Birds was previously located in the Blackstone District.
Countryside Cones will hold a grand opening event this Saturday from 12 noon to 10:00 p.m. in Countryside Village. The locally owned shop at 8721 Countryside Plaza will feature all-natural, premium soft-serve frozen custard and waffle cones that are made fresh daily in the shop.
Lucy Ethiopian Coffee has opened next to Godfather’s at 421 North Saddle Creek Road. The restaurant claims to be the first Ethiopian coffee shop in Omaha. Not only do customers get coffee, they experience an “Ethiopian coffee ceremony.”
The Ethnic Sandwich Shop, a popular hole-in-the-wall place at 1438 South 13th Street, plans to close Friday, July 29th. The restaurant has been serving home-style, Italian fast food since 1977.
The Sarpy County Chamber will hold a ribbon cutting for a Chili’s Bar & Grill that recently reopened in a new space at 8373 Barmettler Drive in La Vista on August 2nd.
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The “Restaurant & Retail Updates” section is sponsored by Anderson Convenience Market, featuring Quality AMOCO Fuels and serving Omaha since 1952, and proud to announce the return of Quality Amoco Fuels. Look for changes this Summer at Anderson Convenience Market – 8 Omaha area locations!
Learn more about Anderson Convenience market at www.Anderson1952.com
Grow Omaha Eats with
Sarah Baker Hansen
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Review: The Dundee Dell is back for a new generation of locals
One of the toughest things a restaurant owner can take on is the reinvention of a classic. The Dundee Dell, which is nearing a century of history in midtown Omaha, is certainly that kind of an icon.
So I was excited to see a successful revamp of this neighborhood spot, at 5007 Underwood Ave., when I visited twice recently. The reinvention includes the look, the aesthetic and a total rethink of the menu, transforming the familiar into a fresh, modern version of a classic British pub.
Of course, the Dell still serves Guinness and fish and chips, longtime hallmarks of the 88-year-old midtown spot that Omahans have long recognized and embraced.
But there are also modern tenants of a British pub: chicken tikka masala, bangers and mash, a great burger, a Reuben (of course, this is Omaha) and a newly renovated bar, The Pine Room, devoted entirely to Scotch and whisky.
Together, it means this: The Dell is refreshed and ready for another generation.
Co-owners Ryan Miller and Drew Wilson purchased the pub right after it closed in summer 2020. Miller also owns Barchen, in Benson; Wilson has worked at several of the city’s high end craft cocktail spots, including the Benson basement bar Kaitei.
The pair impressively updated the restaurant, adding new floors, warm blue paint, modern light fixtures and inviting orange booths made by local furniture makers Roger and Chris, who also have a store in Dundee.
They also talked to longtime regulars to see what they might like in an updated Dell, Miller said. “We wanted to try and figure out what the Dell means,” he said. “We knew it was going to be different, but we also wanted to make sure it was still a neighborhood spot.”
The feedback led them to make the most noticeable menu changes. And these changes begin with the item the Dell is most known for: Those fish and chips.
The dish has been reinvented. Miller said the restaurant buys the highest quality cod it can find, and that’s clear after the first bite. The white fish is firm and flaky, and the breading is medium-thick, crispy, airy and hot as heck when it’s served. Fried fish can get greasy, and sometimes the breading pulls away from the meat, but that doesn’t happen here. The flavor is clean and light in spite of the dip in hot oil.
Miller said the fish is dipped in curry-spiked beer batter every 30 minutes, to make sure each diner gets the freshest plate the kitchen can make. Fun fact: The restaurant tried about 50 fish recipes before landing on this one. That due diligence worked out just fine.
The potato coins have been replaced with crisp-tender French fries, and the paper bag for serving has been replaced with a long rectangular plate and a British flag spiked into one filet.
The menu also now boasts several well-executed old school classics, like the creamy, cool Pimento cheese served simply with a round of Club crackers (a buttery treat), or the Shotgun Shrimp, a nod to the shellfish prevalent in British pubs. The large shrimp come lightly breaded and served with a tangy, spicy cream sauce for dipping.
Let’s talk about that chicken tikka masala, a dish that might surprise some diners.
“If you have been to a pub, you know Indian food is a big part of the culture,” Miller said.
I love this addition to the Dell. Their chicken tikka masala is marked as hot on the menu, and it’s true: For the sake of comparison, it’s at least a level 5 on the Salween Thai scale.
Miller said they import all the spices from India for the dish, and while it’s not as complex as what you’d find at a purely Indian restaurant, it is a great facsimile of what you find in a London pub: thick, spicy sauce, tender chunks of chicken, plenty of heat and a pile of white rice at the side.
Miller plans to add more pub standards to the menu in the coming weeks, including a cheese toastie, French onion fries, chicken and chips, tomato on toast, sausage rolls, a lighter baked cod dish and a smoked salmon dip.
I liked all the cocktails we tried, as well as the sampling of fun Scotch that Wilson put together for us on the fly in the Pine Room.
The Beeswax old fashioned is a great twist on the classic, made with single malt Scotch, beeswax, black pepper and bitters. For those into a lighter drink, the Midnight Brambler has your back, with tequila, blackberry, mint, orange and citric acid along with an absolutely adorable gumball for garnish.
If you’re already into scotch, or simply into the idea of scotch, you must pay a visit to the Pine Room. Wilson is incredibly knowledgeable about the spirits industry. If you tell him what you like, or what you would like to try, he’ll serve you that along with something that you’ve never had before and will probably end up loving even more.
While the focus is mostly British, there’s a few American gems on the menu, too.
The Big Easy arrives absolutely loaded with pastrami. I mean an absolutely enormous pile of it. That’s on an onion bun topped with Dell sauce, Swiss cheese and a cool, crunchy coleslaw. Pastrami lovers will love this sandwich, and though I wished for a more interesting bun, I liked it, too.
I upgraded my side from Fries to a bowl of the smoked gouda mac and cheese, which is incredibly cheesy and rich. In this side dish, gouda is in charge. I wished for a touch more complexity, and my bowl definitely needed a hit of both salt and pepper.
Now, to the real hit: the Dell burger.
A double smash Wagyu patty is served with melted American cheese, onions and pickles, all on a super soft bun. A delicious, thick and spicy sauce comes alongside, and proved perfect for spreading on the burger or for dipping fries.
Miller said it all comes down to ingredients: beef from Jon’s Naturals, a high-quality potato bun and a house-made sauce.
In my years writing about food, I’ve seen plenty of attempts to revamp well known Omaha spots. I’ve seen many updates that just didn’t pass muster.
But what Miller and Wilson have done at The Dundee Dell absolutely works for me. It’s updated for a modern audience in a way that honors what it’s been in the past, smartly narrowing the focus and executing it well, while pushing it forward for a new century of diners.
1108 Howard St.
The Big Story
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Timber, Technology & Talent Coming to The Mercantile Near Downtown Riverfront
The north side of downtown’s ConAgra campus has been dramatically altered, but the changes are only beginning.
Hines, a Houston-based real estate firm, is developing The Mercantile, a 20-acre, mixed-use development on what had been a tired-looking corporate campus southeast of 10th & Farnam Street.
Construction is wrapping up on the project’s first phase, the “Brickline at the Mercantile.” That 5-story building will have 375 apartment units and 40,000 sq. ft. of retail space. Half of that retail space has been leased to three yet-to-be-announced restaurants owned by Omaha-based Flagship Restaurant Group.
The first apartments are expected to be ready for move-in by late third quarter this year. All of the new apartments will be ready by early next year.
The Mercantile’s next project will be a 7-story, modern timber building. The building will have a timber-based internal support structure instead of steel beams. Such buildings have become popular lately, because they are better for the environment, go up quickly and don’t cost any more than traditional construction, according to Adam Marek of Colliers.
Hines plans to call the building “T3,” which stands for “Timber, Technology and Talent.” Hines has already completed several other T3 buildings in cities such as Atlanta, Minneapolis and Toronto. The company has additional T3 buildings under development in several other major markets.
T3 Omaha will be constructed east of 8th Street between Farnam and Harney on a piece of land that kind of juts into the under-renovation Heartland of America Park. The building size will be somewhere between 225,000 and 275,000 sq. ft., according to Marek. The final size and configuration are dependent on what the future tenants need. Plans call for T3 to have three levels of underground parking. Construction will begin after the building is partially pre-leased.
Several additional buildings are planned at The Mercantile, but no construction timelines have been finalized. Other buildings include a 200-to-300-room hotel southeast of 10th & Harney Street as well as a 250-unit condo high rise between the Chamber Building and one of the remaining ConAgra office buildings. A second T3 building plus more apartment buildings are also on the drawing board.
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Grow Omaha Snippets
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Omaha Performing Arts has started fundraising for The Center for Arts Engagement,” a $103 million facility to be added on to the Hollard Performing Arts Center downtown. Renderings show a 3-story, glass-clad building to be constructed on the grassy area east of the Holland Center.
We have an opening date for Steelhouse Omaha, the $104 million performance venue under construction just north of the Holland Center downtown. It will open Friday, May 12, 2023. Omaha Performing Arts will announce the first performance at a later date. Steelhouse Omaha will be able to accommodate up to 3,000 spectators per show.
Sarpy County plans to upgrade Werner Park to comply with Major League Baseball’s new standards. The $500,000 project includes a higher center-field wall, plus locker rooms for female staffers,an expanded weight room and a players’ lounge.
An historic building at 3301 Harney Street, designed by famed Omaha architect Thomas Kimball, is undergoing extensive renovations, according to Gabrielle Estivo of NAI NP Dodge. Built in 1925, the 7,500 sq. ft. building is made of masonry and heavy timber. It is located just south of Midtown Crossing.
Bennington Public Schools has been scouting areas to build a new high school, and at a special meeting of the board this week, the district agreed to purchase what was deemed the highest-rated available land in their search, according to WOWT. The $2.2 million for 78 acres will come out of 2020 school bond funds. Now the district will need to convince the public to approve another bond in November to pay for a school to put on the land located near 132nd Street and Rainwood Road.
Douglas County will commit $500,000 in American Rescue Plan Act funds to the renovation of Plaza de la Raza, an outdoor gathering space in South Omaha near 24th & N Street. Cost of the upgrade is expected to total $3 million.
The Omaha City Council is scheduled to vote at next week’s meeting on a proposal to build a new central library, according to News-Radio 1110 KFAB. The city is committing $20 million to the proposed building, which would be at 72nd and Dodge Streets. Heritage Omaha plans to raise another $120 million for the project. Construction could start as soon as next summer.
A new study shows Nebraska is the 18th hottest market for new residential construction despite home affordability in the U.S. falling to the lowest levels ever recorded after plummeting by 29 percent over the last year.
Boutique Home Plans released a study on the “New Residential Construction in America” using data from the U.S. Census Bureau on new building permits from 1986 – 2021.
Nebraska ranks 18th with 5.47 new residential building permits per 1,000 residents. New building permits in the U.S. have increased every year since 2009. Last year, the national rate was 5.2 permits per 1,000 residents, inching up towards the 5.6 average from 1986 to 2007, before it plummeted to 1.90 in 2009 during the Great Recession.
The five hottest housing markets are Utah, Idaho, Florida, South Carolina, and Colorado. The five slowest were Rhode Island, Connecticut, Illinois, New York, and West Virginia.
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Eagle Mortgage Home Loan Services
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Local Business News Sponsored by FranNet of The Heartland:
Real Estate News from CoStar – Off-price department store chain Ross Stores opened 29 locations in June and July, remaining on track to add about 100 new brick-and-mortar sites in fiscal 2022. California-based Ross opened 21 Ross Dress for Less and eight dd’s Discounts stores in 12 states in the two-month period.
Off-price retailers are poised to benefit during this period of record-high inflation, as consumers look for bargains. Ross Dress for Less and dd’s Discounts currently operate 1,980 locations. Ross Dress for Less itself is the largest off-price apparel and home goods chain in the United States. It has four Omaha-area locations.
Amazon will delay the opening of its massive regional distribution center at Highways 50 & 370 to 2024. The 2.1 million sq. ft. building is nearly complete and is expected to employ 1,000 people. The Seattle-based e-commerce giant blamed supply chain problems for the delay.
The National Park Service has selected the joint venture team of Omaha-based HDR and Moffatt & Nichol to repair, rehabilitate, and reconstruct several failing seawalls in the National Capital Region. The multi-year program will address waterfront improvements in National Parks throughout the Washington, D.C. area. The joint venture team will start work under an initial task order of $5.7 million to begin the planning and compliance process.
Union Pacific Corporation reported 2022 second quarter net income of $1.8 billion, or $2.93 per diluted share. This compares to 2021 second quarter net income of $1.8 billion, or $2.72 per diluted share.
Dorhout Retirement Services, a financial planning and investment firm in Papillion, is joining Carson Partners, an Omaha-based company comprised of 130 financial advisory firms, 43,000 clients and $20 billion in assets. Dorhout’s client base spans the country with many clients residing in Nebraska. Dorhout offers financial planning services, including income, investment, tax, healthcare, long-term care, and estate planning. The firm is an Offutt Air Force Base Military Trusted Business for current and retired military members.
The Creighton University Rural Mainstreet Index fell for the fourth straight month, sinking below growth neutral for a second consecutive month, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy. The region’s overall reading for July slumped to 46.0 from 49.8 in June. The index ranges between 0 and 100 with a reading of 50.0 representing growth neutral.
AMCON Distributing Company, an Omaha-based consumer products company, has announced fully diluted earnings per share of $10.27 on net income available to common shareholders of $6.0 million for its third fiscal quarter ended June 30th.
Green Plains Inc. and Green Plains Partners LP will release second quarter 2022 financial results prior to the market opening on August 2nd and then host a joint conference call beginning at 10:00 a.m. CDT to discuss second quarter 2022 performance and outlook.
Renovation work is speeding along at Elevator, the co-warehousing space under development in the former O’Keefe Elevator building at 1402 Jones Street. The 77,000 sq. ft., four-story facility plans to open October 1st. Elevator will have room for up to 80 entrepreneurs. Rentable warehouse spaces range from as small as 100 sq. ft. up to 1,300 sq. ft.
This section is sponsored by FranNet of The Heartland, the local, trusted franchise experts. They are “in the business of helping you get into business!”
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Leadership & Sales Insights for Ambitious People
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Compiled by Grow Omaha co-founJeff Bealsder and sales trainer
Leadership & Management
Here are three good questions to ask your people during one-on-one meetings, according to author Kevin Davis:
1. What are you getting from me that you like and find helpful?
2. What are you getting from me that limits your effectiveness?
3. What are you not getting from me that would help you produce more? Why do you think that would help you at this time?
Leaders must resolve to address underperformance, according to business author Mike Weinberg.
Nothing good happens from ignoring underperformance. Yet, so many managers live as “prisoners of hope” just hoping that struggling employees will magically self-correct. Ignoring an employee’s underperformance is not only irresponsible and unfair to the failing worker and the business, it also damages culture and sends a really odd message to the rest of the team.
Weinberg says you should address it. “Double down on both accountability and coaching while getting commitments for more activity and results. Resolve to coach-up or coach-out!”
It’s important to avoid summer sales sluggishness. In some industries, summer is a very busy time, but for most sales professionals, the middle of summer brings a dip in sales activity. Many clients hold off on making decisions at this time of year. Even if a prospect is willing to make a decision, chances are they’re on vacation, at the lake, in the mountains or coaching a Little League team.
Here are a few things that can help you thrive during the summer while getting you ready for the busy time that will hit in a month or two:
Time Management – All professionals need to exercise good time management practices but it’s especially important for busy sales practitioners trying to balance work with all their summer activities.
I’ve noticed that even people who are highly successful and who happen to be going through a particularly busy time, STILL end up wasting time each day. If you watch the little five- and 10-minute time wasters, you just might find time to work in some calls to prospects.
Teamwork – Any time you can divide the labor, you give yourself more capacity. If it’s appropriate in your company, you might want to team up with another sales professional. If you have access to clerical support, find good and efficient ways to use it. I have met many a sales pro who has access to administrative support but chooses not to use it, saying something like, “Well, it’s faster if I just do it myself.” To me, that means the sales pro hasn’t spent time training the admin how his or her sales process works.
Another important part of establishing a good team is that you have people to cover for you while you’re on a summer vacation. This is an instance where the old saying, “Give in order to receive,” comes into play. Go out of your way to cover for colleagues and you’ll have some “money in the bank” so to speak.
Time Blocking – I’m a huge fan of time blocking, and it’s an important component of time management. Time blocking means you literally block out chunks of time on your calendar before a week even begins in which you will do nothing but reach out to prospects. It could be email. It could be in-person visits. It could be telephone calls. I find that telephone calls still tend to be the best use of prospecting time. The key to time blocking is to never cheat. Once a time block is on your schedule, you should stick to it no matter how tempting it is to do something else during that time.
Proactive Research – It’s especially important to do your prospect research during off hours. Since you have so much going on in your personal life during the summer, you don’t want to spend prime, daytime meeting/calling hours looking up prospects’ websites and LinkedIn profiles. Instead, do that during weekends, late nights or early mornings.
Persistent Effort – Just because fewer people are answering the phone in the summer doesn’t mean you have permission to slow down your business development efforts. Any time you take your foot off the prospecting gas pedal, you’ll pay the price 90 to 180 days later.
No matter how busy we get trying to balance work and summer fun, we still need to find a way to reach new prospects. It is shocking how fast a pipeline can drain. If you want to avoid the up-and-down, boom-bust business cycle that too many sales reps find themselves struggling with, you have to find the time, energy and enthusiasm to make one more call even when you’d rather be at the pool.
“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill
“Play by the rules, but be ferocious.” – Phil Knight
Grow Omaha University is sponsored by MyStaff Inc, a locally owned staffing firm whose purpose is helping Nebraska companies recruit for corporate office positions.
My Staff Inc – Our team helps you find yours!
Upcoming Events in the Metro
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Ron White – July 23 from 8 to 10pm at the Orpheum: Comedian Ron “Tater Salad” White, who first rose to fame as the cigar-smoking, scotch-drinking funnyman from the Blue Collar Comedy Tour phenomenon, has long since established himself as a star in his own right. He’s a classic storyteller; relaying tales from his real life ranging from growing up in a small town in Texas to becoming one of the most successful comedians in America.
Women With Voices – July 24 from 7 to 9pm at Penegrine Hotel: This event is ladies only, sorry gentlemen. Women with voices encourage women to share their personal struggles and success in a supportive environment. This event features two speakers along with time to network.
Startup Omaha Week Kickoff Event – July 25 from 6:30 to 9:30 pm at the Granary in Ralston: This celebration of our startup ecosystem will be one to remember. Expect food trucks, yard games, a DJ, and so much more! Can’t make the kickoff? Find the rest of the Startup Omaha Week here.
Nebraska Craft Brewers Guild Links & Lagers Golf Scramble July 25 from 8 to 3 pm at Tara Hills: Join the Nebraska Craft Brewers Guild for our inaugural 18-hole golf scramble, Links & Lagers. Your participation will support the Guild, a 501c6 nonprofit organization whose vision is to facilitate collaborative industry engagement that increases independent Nebraska brewing market share.
“The First Step” Documentary and Panel Discussion – July 26 5:30 to 8pm at NoDo Film Streams : Join RISE for a special showing of the documentary, “The First Step” followed by a panel discussion led by RISE Director of Policy & Advocacy, Jasmine Harris with State Senators McKinney, Lathrop, and Stinner.
Final Showing of “Day by Day” Husker Documentary July 29 from 6 to 9pm at The Granary From 1993 to 1997 the Nebraska Cornhuskers football program would have one of the most dominant eras in college football history. Plagued with controversy, injuries, and tragedy. What was more amazing than the three national titles in four years was how they did it. This limited local run showcasing Part 1 of “Day By Day” documentary series is only showing at the all new Granary Green in Ralston.
Maha Festival 2022 – July 29 & 30 at Stinson Park: Experience 15 artists on two stages, pop-up comedy and art performances, food and drinks with special Omaha flavor, and tons more to see and do at the 14th annual Maha Festival! Happening on July 29 from 5:00 to 11:00pm and July 30 from 1:00pm to Midnight at the Aksarben Village in Omaha.
Beyond Van Gogh: The Immersive Experience – runs to August 14 at Mid-America Center Explore the dreams and visions of one of the influential artists of our time. Through the use of cutting-edge projection technology and an original score, Beyond Van Gogh breathes new life into over 300 of Van Gogh’s artworks.
Late Nights at the Zoo (21+ Event) – runs Thursday until August 18 at the Zoo: Adults 21 and over can join Omaha’s Henry Doorly Zoo and Aquarium for a relaxed evening of drinks, local food truck cuisine and wildlife as we host our Late Nights at the Zoo summer event series!
Grow Omaha University is sponsored by MyStaff Inc, a locally owned staffing firm whose purpose is helping Nebraska companies recruit for corporate office positions.
My Staff Inc – Our team helps you find yours!
People in the News
Sponsored by Baird Holm Attorneys at Law
The Commercial Real Estate Summit has announced its 2022 Commercial Real Estate Hall of Fame class of inductees: Brenda Dooley, vice president of facilities, First National Bank of Omaha; Curt Hofer, president, Curt Hofer & Associates; Kevin Rhodes, president, Greenleaf Properties in Lincoln; and Mark Westergard, civil engineering, project manager, E & A Consulting Group.
Troy Anderson, deputy chief of staff for economic development and development services for Mayor Jean Stothert is resigning effective August 5th. He will become the assistant city manager in Wichita, Kan.
After more than two decades of service to the citizens of Omaha, Dr. Franklin Thompson will retire as the City of Omaha human rights and relations director effective July 29th. Thompson was elected to the Omaha City Council in 2001. He served until 2017 and was then appointed to his current position by Mayor Jean Stothert. Current assistant director Gerald Kuhn will serve as interim director.
The newly appointed interim director of Omaha’s new streetcar authority, Rick Gustafson, met with board members for the first time earlier this week, according to the Omaha World-Herald. Gustafson previously was a partner of a project management consultancy in Portland, Ore. and Seattle. He led streetcar operations in Oregon and has consulted on streetcar projects around the country.
WoodmenLife has appointed Stacy W. Anderson as regional director of the Texas Southeast sales region. He had been a regional sales manager for Eastern South Carolina since 2017. Before becoming regional director, Anderson served 22 years with WoodmenLife, first as a sales representative when he joined in 2000. He was promoted to recruiting sales manager in the South Carolina East region in 2002.
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