Omaha’s Billion Dollar Makeover

Mutual of Omaha Tower: The Fortune 300 insurance company is building a 50 story tower in the heart of Omaha's downtown area. The stunning $433 million glass tower will provide a picturesque backdrop to the newly re-developed Gene Leahy Mall. The expected completion date is in 2026.

Downtown Streetcar: Downtown Omaha is set to welcome a $306 million streetcar in 2026. The streetcar will run on a three-mile route from Cass to Farnam on South 10th Street, Farnam west to 42nd Street, and back to 10th Street on Harney.

Downtown Riverfront: $300 million transformational development which includes a performance pavilion, sculpture garden, a cascading interactive water feature, boardwalk, an urban beach, and a multi-million dollar Luminarium center with riverfront views. Check out current renderings here.

Omaha Airport (OMA): A $600 million modernization, renovation, and expansion of Omaha's airport.

Google Data Center: Google is building a data center in northwest Omaha, part of the search giant's $750 million investment in the state. Construction will last an estimated 18-24 months. Upon completion, it will be the third major Google facility in the region.

Avenue One: An upcoming $1.5 billion neighborhood dedicated to walkability and wellness. More than 200 acres of modern living and entertainment.

The Mercantile: This $500 million project will bring a 20-acre mixed-use development to downtown Omaha. It will add new residential, commercial, retail and green space to the area.  

The Crossroads: A $500 million entertainment district is coming to the site of the former Crossroads shopping mall. The new mixed-use development will transform the aging mall into a modern space with restaurants, shops, a hotel, and a pavilion for outdoor entertainment.

The Row at Heartwood Preserve: West Omaha will soon include a downtown-style district. The Row is a $500 million development including a hotel, restaurants, and shops.

MH Landing: A $90 million project in the central part of Omaha will be a mixed-use development including retail, restaurants, hotel accommodations and living space.

Topgolf: $23 million entertainment, competition and recreation center.

Kiewit Luminarium: This $101 million center is dedicated to science, technology, engineering, and math (STEM).

Omaha Performing Arts: $109 million downtown music venue with capacity for 3,000.

Millwork Commons: A new urban entertainment district is planned for the north downtown area. The $300 million mixed-use development will include restaurants, music venues, a hotel, shops, and more.

Joslyn Art Museum Expansion: The 42,000-square-foot Rhonda and Howard Hawks Pavilion will add to Omaha's stunning, pink marble masterpiece. Light-filled galleries will be designed to assist in expanding the permanent collection. Will also include new community spaces and enhanced amenities that support increased public programs.

UNMC’s Saddle Creek Renovation: The healthcare leader is transforming a historically industrial area into an $45 million "innovation hub" where researchers can build companies to turn ideas into products that help improve health and health care. The renovation starts with a 140,000 sq. ft. campus that will include a food hall, market, event center and collaborative office space.

UNMC's Project NExt: A multibillion-dollar federal disaster response and medical training center designed to enhance the nation’s ability to respond to hazards like natural disasters, environmental accidents and highly contagious diseases.

Blackstone District:  A new 205-room Kimpton Cottonwood Hotel. The $75 million property opened in November 2020. This historic area also includes restaurants, breweries, and sweet shops.

The Capitol District: Directly across from the downtown convention center, this new $200 million development includes a town square surrounded by pubs, restaurants, and a 333-room Marriott hotel.

The Farnam Hotel, Autograph Collection: The 120-room upscale, boutique property in downtown Omaha opened in March 2021.