Billion-Dollar Mixed Use Project in Omaha Gets Preliminary Approvals
Developers of a new $1.2 billion mixed-use development planned for western Omaha envision a "multi-generational, walkable environment" over 180 acres of homes, commercial space, and parks. Reporter Christopher Burbach of the Omaha World Herald writes that the development has received preliminary approvals from the Omaha Planning Board and appears to have the support of neighbors, who shot down a similar proposal in 2013.
Dubbed Avenue One, it would be one of the largest developments of its kind in Omaha, according to the developers.
More than 180 acres straddling 192nd Street south of West Dodge Road would be developed, the equivalent of about 50 square city blocks. It would have a seven-acre central plaza at its heart, 26 acres of green space and more than 6 miles of walking and biking trails. More than 2,000 residential units and 1.3 million square feet of office and commercial space would be built.
Burbach reports that the project, once approved, will take approximately 15 years to complete.