Episode Transcript
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Speaker 1 (00:00):
This is Grow Omaha, the only radio show that talks
about economic development, construction, business expansion, and all of those
things that make Omaha a great place to live or visit.
Grow Omaha on News Radio eleven ten Ka Baby.
Speaker 2 (00:14):
Well, good morning and welcome to the show. Jeff Beals
here at your service. Glad that you have joined us
this morning. Want to thank our sponsors. They are Cheer Athletics,
the nation's number one all star Cheer Jim along with
Dingman's Collision Center for Metro area locations. This is the
only show in the metro area that talks about real
(00:35):
estate development, economic development, construction, businesses expanding, fun stuff related
to Omaha becoming more vibrant and more prosperous. Without any
further ado, it's time to bring on my co host,
legendary real estate deal maker and a legendary all around fellow,
Trenton Maggot.
Speaker 3 (00:53):
Good morning, ladies and gentlemen. Good morning, Jeff, it's going
to be back.
Speaker 2 (00:56):
Good to have you back. Brad Williams did a fine
job in your stay, but we always miss our Trenton
when you're gone. Well, you know, sometimes we want to
bring the worldview of real estate to Omaha. So I
was on assignment for ten days in Cali, Columbia and
the surrounding areas. Columbia is a little bit of a
different town or country compared to the United States and different.
(01:20):
That's kind of reminds you like when people go on vacation,
like how's your trip to Uhlan? Buttar it was different. Yeah,
that's basically what you just said. It was different.
Speaker 3 (01:29):
One thing about Columbia is like they have a different
word for almost everything.
Speaker 2 (01:34):
It's like a whole other language. Yes, okay, So that's
your real estate and development report for the Nation of Columbia. Yes,
and brought to you my Dingman's Collision Center and cheer Athletics.
Speaker 3 (01:45):
Yes, it's my fifth trip to Columbia and been all
over the country except for Mediine, which I want to
go to next time.
Speaker 2 (01:54):
And that's all that's high on a lot of people.
Speaker 3 (01:57):
It's kind of interesting because I'm a multi billion down there,
because at least that's what everyone thinks. Well in pesos,
Oh okay, good, good for you. So one hundred thousand
Columbian pesos is about twenty five dollars.
Speaker 2 (02:12):
And that's your the Nation of Columbia Commercial real Estate
and Business Development Regulation for today, Trent, And we're glad
you're back though, and we're going to go into our
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Speaker 3 (03:04):
They saw above the others won't make you sore, Trenton.
Speaker 2 (03:07):
The big news this week is a change of ownership
at the Crossroads. We knew this was coming, but it
is official now. Woodbury Corporation, based in Salt Lake City
is now the owner of the site. They took further site.
They took charge of the development a while back, but
this was just kind of a formal real estate transfer.
(03:29):
But in that couple things are significant from a news angle.
The first one is that the project is now estimated
to cost nine hundred million dollars, so let's just call
it a billion, which makes it one of the largest
real estate developments in the state of Nebraska in history.
Speaker 3 (03:48):
I remember when a billion dollars was a lot of money, Jeff.
Speaker 2 (03:51):
And the other thing that is significant is we now
know that in the first phase there will most likely
be a ninety two thousd in square foot indoor entertainment venue.
During the press conference announcing this earlier this week, Jeff
Woodbury from Woodbury Corporation said that this will be operated
(04:12):
by a very large major national chain someone some company
that is big in the indoor entertainment world. Couldn't say
who it is. They were still technically at the letter
of intent phase, but it was portrayed by Jeff Woodbury
that this is almost assigned lease and thought that it
(04:33):
would possibly be announced even within the next month.
Speaker 3 (04:37):
There were a lot of rumors Jeff even five years
ago under under Lockwood's watch that main Event. You can
look up main event entertainment, those types of things. There's
also down a Grandscape where NFM has a one point
five billion dollar development, which I've been down there. They
(04:59):
have as and ready something something similar with a huge
multi level indoor carding and so I don't know if
those are what's looking at it. But when you say
indoor entertainment, you know there could be a bowling aspect,
there could be a movie aspect. Arcades can be involved
(05:21):
and exists already if if it's a chain, but I
don't know which one it is. But most of these
are not ninety two thousand square feet. The Andretti is
about one hundred thousand. But we'll have to see whether
whether it happens.
Speaker 2 (05:38):
Yeah, it'll be it'll be fun to find out exactly
what this company is. And like you said, Trent, at
ninety two thousand feet, it's it's going to be a
hell of an investment and probably a pretty impressive place. Now.
A couple other things that are are relevant. The amount
of tax are financing remains at one hundred and five
million dollars, even though the value of the project is
now getting close to one billion dollars that will be invested,
(06:02):
and there is going to be a very unique and
at least unique for a round Here relationship with some
of the parcels on the development. They're actually going to
be turned into condominium regimes in which part of some buildings,
namely the parking garage, part of some of these buildings
will be a separate piece of real estate owned by
(06:24):
the City of Omaha, and then the other parts of
the buildings, which would be apartments and retail and this
sort of thing, will be owned by the developer. There
will be three new parking garages constructed, at least one
of which will be underground. Now, some people have been
wondering about this next thing I'm going to say, and
wondering why. But eventually, not in the first couple phases,
(06:46):
but eventually the existing parking garage, the very large Crossroads
parking garage on the south west corner of seventy second
and Cast will be torn down. And some people said,
why would you tear that down if you're going to
need the parking anyway. Well, in order to maximize the
layout of the land and to get the most value
out of it for the new developer and to make
(07:07):
it a great community asset. That parking garage is kind
of in the way of what they want to do.
Speaker 3 (07:12):
Interestingly, Frank Crachie I remember him bragging about it. You know,
he bought the entire site for probably fifteen years ago
for ten million dollars, very low, for little due diligence
and everything, but he thought that that parking garage is
worth about twenty million dollars. Just upgrade it a little bit,
put some LED lighting in it and everything else. And
(07:33):
now it's getting torn out.
Speaker 2 (07:35):
Well, and if you recall when Frank first got started
with his original partner that he was going to do
the project with, there was actually talk about building apartments
and condos on top of that existing parking garage. And
so we've gone from that to having it torn down. Hey,
I do want to address one thing too about the
crossroads before we move on too much further. We continue
(07:59):
to get a lot of oh kind of cynical and
skeptical and pessimistic and sarcastic response about that project. And
I get it because it's been talked about for such
a long time, and it's been vacant for a long time,
but I think people need to know one thing. Trent
and I look at this pretty closely. We study this stuff.
(08:21):
I can assure you there is nothing sinister. There is
no conspiracy theory. No one is out there trying to
stick it to the people of Omaha to make sure
nothing is ever built at the crossroad site. We get
all these emails into Gromaha and everyone's like, like, there's
some hidden thing that's causing this not to be built. Folks.
(08:41):
There are a lot of reasons why this has been delayed,
not the least of which was the original guy who
was behind this died a couple of years ago. So
there's been a lot of things that have happened. And
the only thing I can tell you is just look
forward to the future. With Woodbury, this new company that
has taken over this week, they already have five billion
dollars in assets under management. There's a capable of developer there.
(09:05):
They have properties in sixteen states. It is a great corner.
In fact, Jeff Woodbury said this week publicly that seventy
second of Dodge is the number one retail intersection in
this region of the country.
Speaker 3 (09:21):
Yeah, I think that it's a very complicated site. Obviously,
it's an expensive project, and when Tiff is involved with
this city, this would have been a wholly different project
if they would have gone forward ten years ago.
Speaker 2 (09:40):
Yeah, and it would have been a lot less It
would have been a lot less money invested as well,
because costs have gone up so much. But situations change.
Every piece of property is different.
Speaker 3 (09:49):
The funnal thing I want to say about it is
Jeff talked about condos where you can have a vertical
or horizontal property with different food groups, different uses. You
might have a parking garage that's one condo, then an
office and then residential, some retail on the first floor.
(10:09):
That gets complicated on the financing, on the cross easements, agreements,
the use agreements, easements and all that kind of stuff.
So yes, it's taken a long time. There's not a
lot of people that will take risks like these people have,
and you know, well, we'll wait and see, and there's
(10:30):
plenty of other projects going on in them all while
we're waiting. But it'd be interesting to see what the
mix is between entertainment. There would have been a lot
more office, you know, five years ago, yeah, pre pandemic,
and there's be a lot less office now, and you
know there's gonna be a nature space and things like that,
and you got the library across the street, and then
(10:52):
on the northeast corner, there's a lot of rumors that
that's gonna get redeveloped where the pet Co. Is funny
that you should mention that, because you said there are
a lot of other projects coming, and that was the
first thing that came into my mind. During the press
conference that was held this week to discuss the ownership
transfer at Crossroads, Mayor Stothart revealed that a developer who
(11:17):
is yet to be named, is planning to do a
mixed youth project on the northeast corner. As you mentioned Trenton,
that is currently a pet Co building pet Co store.
When you and I were young guys running around Omaha,
it was a hinky dinky grocery store yep and and and.
Speaker 2 (11:36):
So it's a very Samo was on the corner, right
there on the corner, and I'd say, right now, it's
a very underutilized what QB. Chrishcherbobs one hour photo was
right there too. Yeah, I'd say, right now, it's a
very underutilized piece of property. And if you look at it,
it's it's pretty big. And so when we're hearing mixed
use at that corner, given everything else that's going there,
I guess I would assume probably five story building with
(12:00):
retail on the ground floor apartments upstairs.
Speaker 3 (12:02):
What's on your mind? I think about that, and you know,
vertical and some kind of funky mix use. But I
also think about the bowling alley behind the swivel to
the north. It drives me crazy to see that antiquated
piece there, but that was one of the first things
ever out there. Yeah, but that needs to be redeveloped
(12:24):
sometime too.
Speaker 2 (12:25):
Also during the same press conference, toward the end, a
reporter asked Mayor Stothard a different question. The reporter said,
what about the old civic Auditorium site? Anything new there?
And she kind of had a smile on her face
and started to say something, but said she really can't
say much about it. But she did say that there
(12:45):
was other interest in the property, possibly a different developer
or a different user. And another time she said another
idea for development there. So currently the developer that holds
that site it was sold by the city as White
Lotus and they proposed a project known as Civic Square,
(13:08):
which was going to be they go to. They were
going to put in the grid back, you know, because
it's a four block parcel. They were going to put
in some streets there, like Eighteenth Street and was it
Davenport or something like that. There was going to be
an office component, town homes, condos, apartments. None of it
was overwhelming in size or scale, but it's four blocks,
so it was quite a bit of development. So the
(13:30):
big question is what is she talking about. Who might
this user or developer be and is it more along
the lines of what White Lotus proposed or is it
something completely different.
Speaker 3 (13:42):
Will it have a sizeable grocery store.
Speaker 2 (13:44):
Well, everyone keeps talking about the grocery store, and that
question came up in their press conference as well as
you might imagine. And there's still a lot of talk
about grocery stores in downtown or even North Downtown. But
we shall see. Let's wrap that up. That's the news
of the week. Before we go, though, I do want
to give a plug for our grow Omaha Eats restaurant review,
(14:07):
which is sponsored by All Makes, the outstanding office furniture
and equipment dealer based in downtown Omaha. At any rate girl.
Omaha Eats restaurant reviews are written by Chris Corey. Our
outstanding restaurant reviewer this week is Avoli Osteria. Now Chris says,
it's Avoli is pronounced Ovali, but I always thought it
was Avoli. But what do you call it? Trenton? You
(14:29):
call it delicious? It is really good stuff, great review,
positive review. It's in Dundee, right across the street from
kfab and you can see that review in all of
our Chris Corey Gromaha Eats restaurant reviews on grow Omaha
dot com. All right, that's it for the first segment.
When we come back, we're going to bring on our
friends Sam Nodel. He is with Nodel Development and we're
(14:52):
going to be talking about some of the projects that
Nodel Companies has underway. Right now, you're going to enjoy
listening to Sam and uh and learn a lot. So
stay with us. It's grow Omaha. It's brought to you
by Dingman's Collision Center and Cheer Athletics, and we'll be
back in a moment. On news Radio eleven ten KFAB.
Speaker 4 (15:11):
You can win a pair of tickets to see Jerry
Seinfeld and Jim Gaffigan live at Chi Health Center on
January seventeenth.
Speaker 2 (15:18):
Register now at kfab dot com slash contests and welcome
back to the show Jeff Bils and Trenton Maggot. Here
we're brought to you by Cheer Athletics and Dingman's Collision Center.
Dingman's has four metro area locations Northwest Omaha one hundred
and forty fourth in Industrial, Downtown, Papillion and Saddle Creek Road.
All of them do an equally outstanding job. Well, we
(15:40):
have with us today our friend Sam Nodel. He is
appropriately with nod Al Companies, one of our sponsors on
the show, and just an absolutely outstanding commercial real estate
residential real estate development firm based here in Omaha doing
work around the country. Sam, Welcome to the show. It's
good to have you with us.
Speaker 3 (16:00):
What's popping?
Speaker 5 (16:00):
Thank you for having me.
Speaker 2 (16:02):
Well, i'll tell you what's popping. Omaha is at the
cusp of a golden era right now. We're building things
like crazy, and you guys are a big part of it.
Speaker 5 (16:09):
Yeah, I agree with you. It's really cool to see
everything that's happening in Omaha. It's exciting and we're just
honored to be a part of it.
Speaker 2 (16:18):
Well, we appreciate everything you guys are doing and honored
to have you a part of the grol Maha team.
And we're gonna have you a start today. Let's start
at Exarbon. What's going on at Xarbon there? What's new?
What should people know about Xarbon Village?
Speaker 5 (16:31):
Absolutely well, first of all, thank you for having me
on the show. I gotta admit I'm a little nervous,
but after seeing you guys go through that first segment,
I'm even more nervous. But we're really excited for what
twenty twenty five is going to bring. We have been
hard at work on Exarbon Village and we're excited about
(16:51):
Elevate Fitness that just opened up, who relocated from Rockbrook
Village shortly after. We're going to have the Grove Juicery,
which is another wellness concept that a really cool healthy
restaurant primarily a juice bar. They're opening up in the
InterRail food Hall probably in March, so we're really excited
(17:14):
about that. They took two stalls, so the entire north
end of the food hall, right across from Power Life Yoga.
Then in the food hall we also have two other
new concepts that are coming in. We have a taco
shop coming in, and we have a new burger stall,
a new Smash burger stall coming in in Exarbon Village Proper.
(17:36):
We've got a new restaurant, a new breakfast restaurant taking
the Jones Brother space.
Speaker 3 (17:42):
So we're really.
Speaker 5 (17:42):
Excited about that. That's a first to market concept.
Speaker 3 (17:47):
Is that an original concept or is it another market?
It's in other markets.
Speaker 5 (17:51):
It's in other markets, So I think this will be
their fourth one. What is it that throws me off?
Speaker 3 (18:00):
I don't care.
Speaker 2 (18:02):
A right?
Speaker 3 (18:02):
Can you tell us what it is?
Speaker 5 (18:04):
I can't tell you what it is yet, they might
get mad at me. Lunch and breakfast. It's lunch and breakfast, okay, yep.
We have a new wine bar coming in, so we're
excited about that. That looks like it's going into the
HDR building. We have a market concept like a imagine
a seven to eleven meets Whole Foods. It's something that
(18:25):
the village desperately needs.
Speaker 3 (18:28):
How big is that?
Speaker 5 (18:28):
That'll be about twenty two hundred square feet?
Speaker 2 (18:32):
Okay, what building will that be a part of that'll
be in the HDR building as well.
Speaker 5 (18:35):
In the Zoup space right between rub and A Priori,
the men's clothing store, So we're really excited about that.
We've been doing a lot of office leasing and it's
not just us. Our neighbors across the street at Magnum
have done an amazing job. They just signed another twenty
five thousand square foot office user. We just signed a
thirty five thousand square foot office user, So we're we're
(18:57):
really excited. Our office is healthy, and we're focused on
curating a really great and or continuing to curate a
great environment on the retail side, and then we're spending
a lot of effort on programming the village for twenty
twenty five. We've been doing more and more of that
over the last three or four years, and we've started
(19:20):
to find our niche and that's fostering connections through wellness
and music events and things like that. So we're gonna
we have.
Speaker 3 (19:29):
A running club too when the weather's we have two
running clubs.
Speaker 5 (19:33):
Yeah, we have an exarbon run club which meets every
Wednesday night in the summer at six thirty at Sunny's.
And I think we're going to start to do more
and more with Elevate and Power Life this year. And
then there's another running club Exarbon Athletic Club, which is
where all the pros go to run, and they're a
great compliment to the village as well. I'm not exactly
sure when their run clubs are. I think you could
(19:56):
find it on Instagram. I don't think I'm quite good
enough to run with those guys yet, but hopefully by
twenty twenty five or summer of twenty twenty five, I will.
Speaker 2 (20:04):
Well. Trent's going to start with the lower of the
two running clubs, but he helps to work his way
up to that same way.
Speaker 3 (20:09):
I'm going to go there, so I'm kind of their
inspiration to keep running, so I do my job. We'll
go together this year. Excellent, So we'll bring Ryan. What
are you serving?
Speaker 2 (20:22):
What's the post run snack?
Speaker 3 (20:24):
Beer and milk? But it's neat to see you guys.
Innovate and Sam is a humble guy, but it was
really his inspiration. He had help along the way, but
it was really your inspiration. For the Sunnies. What would
you call Sonnies. It's a airstream trailer that has a
bar and some bites.
Speaker 5 (20:44):
Yeah, I mean it's a it's an experiment Sonny's is
an experiment and although it started off as my idea,
it has morphed into so many others ideas and we
have just this amazing team. Hospitality team has grown so
much over the last two years. I'm really honored to
(21:05):
just be with them and share space with them and
see what they're capable of doing. And this year at Sunny's,
we're really excited. You know what we're gonna do. Every
year we've made improvements to Sonnies. So this year, as
we were all thinking, we decided that we're gonna plant trees.
We're gonna plant trees in the dog park. We're gonna
(21:25):
plant trees around Sunnies. I don't know if if any
of you guys have been to Sonnies or in we
call it Zone six, the.
Speaker 3 (21:31):
Dog park area.
Speaker 5 (21:33):
We've got all these trees in planter boxes and it's
now time to go plant those trees.
Speaker 3 (21:38):
So we're really excited about that. Is it the same
trees that you're taking out of the planet. It is.
Speaker 5 (21:42):
Yeah, it is out of the box and into the ground,
out of the boxing, into the ground, which was.
Speaker 2 (21:45):
The relief for the trees. They know they get to
stick around for a while.
Speaker 5 (21:48):
And you know, the goal is like hopefully in twenty years.
These trees are huge and it creates a really special
place that fosters you need just more connection. And you know,
we spend a lot of time traveling, probably less time
traveling now than we have in the past, but everywhere
we go we see a lot of trees. We're like,
(22:10):
all right, it's time.
Speaker 2 (22:11):
It's time. It's time for the tree canopy at Xarbon Village. Well,
we're gonna have Sam stay with us through the break
because on the other side, we're gonna talk to him
about Builders District, another Nodel Companies project in North Downtown,
and so Sam stick with us. More to come. We're
going to break for the news and we just want
(22:31):
to have you stay with us as well because it's
gonna be interesting stuff. We want to thank our sponsors,
Dingman's Collision Center and Cheer Athletics, Nation's number one all
Star Cheer Jim and we'll be back in a moment
on news radio eleven ten kfab.
Speaker 4 (22:46):
The gift of giving is powerful when you do it,
but when you see someone else do it as a
child that stays with you for life, it's the rosy
Digitozi on the podcast page under Jim Rose Okayfabe dot
com and welcome.
Speaker 2 (22:57):
Back to the show. Jeff Peels and Trenton Maggot broadcasting
from the kfab Penthouse Studio high above Underwood Avenue and
beautiful downtown Dundee. We're brought to you by Dingman's Collision
Center and Cheer Athletics. They are the nation's number one
all star cheer Jim and let me tell you, all
Star cheer getting very serious twenty twenty eight. It will
be an Olympic sport. And so if you want your
(23:21):
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and coming sport, you need to check out cheer Athletics.
They have a very competitive level, but they have levels
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And there are only about twelve or thirteen of these
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(23:43):
fifty and three seventy. You can find out more by
going to Caomaha dot com CAA as in Cheer Athleticscaomaha
dot com. We have Sam Naudel with us. He is
with Nodel Companies, one of the premiere real estate development
firms here in Omaha. And in the last segment we
talked about some news in a Sarbon village and now, Sam,
(24:03):
let's go downtown North Downtown to be specific. You guys
are involved in the Builders District, that's correct. Yeah, what's
going on down there?
Speaker 5 (24:11):
Well, our first office building is up, and we have
a new public space that we're going to start opening
to the public early next.
Speaker 3 (24:18):
Year with a big TV in it.
Speaker 5 (24:19):
With a big TV in it, Builders Green, which takes
a lot of the things that we learned in Zone
six around Sunni's and refined them. We're also planting a
lot of trees there in the spring. And then our
new office building fifteen oh one Mike Fahey, which is
about one hundred and twenty thousand square feet. We've got
our first tenant open, fly Fitness once again. Wellness. We
(24:42):
have the Root Coworking, which is a twenty five thousand
square foot coworking concept out of Oklahoma. They're building out
right now and they should be open in May or June.
And then you ready for it, we are, Dad, I'm sorry,
I'm going to announce it. We're moving downtown. Hey, so
not all companies. Is we're moving our corporate headquarters to
(25:05):
fifteen oh one, Mike Fahi Wow in the building across
from Kewit next to the Route Co working And it's
going to be great for us. And we'll still maintain
a significant presence in Exarbon Village. I live in Xarbon Village.
I'm not leaving Exarbon Village. And we'll have a small
office there for our hospitality staff, for our property management staff,
(25:27):
and for our leasing staff, but the whole.
Speaker 3 (25:30):
And you're really going back to your roots because the
brokerage development management company that Jane Otto started with a
couple of partners, you guys were at night well probably
before that somewhere else, but nineteen oh five, Harney, if
I believe in the Aim building now And so your
roots are really downtown. And I remember when I got
(25:54):
in the business thirty one years ago, and I didn't
know anything from anything, but I said to my I
said in my mentor, I said, you know, downtown, it
seems like Downtown's gonna start popping. And he just laughed
and laughed and laughed. But and his major client was
first out of resources, which a whole other story is
(26:15):
we're talking about Jim Moore, a great guy, and I
didn't know I was prophesizing, but your dad actually knew.
Your dad and his partner's knew and made a lot
of money downtown with Beta West, which is the building
now where the Farnham Hotel is in, and a bunch
of other projects downtown. So so now you're you know,
(26:38):
it's another resurgence. You know, it's never left downtown, but
we're just cementing the greatness of downtown and improving upon it.
Speaker 5 (26:47):
Yeah, we're really excited, and you know, we have a
history of officing in our projects. You know, when we
were building One Pacific Place, not all Companies was in
One Pacific Place, and building the office parks out west,
we were out West. Then when Xarbon started, we came
to Xarbon, And now we're going back down to the
(27:08):
builders district and starting being a new era Fornado Companies,
which we're really excited about. We've got just an unbelievable
team of younger people, all in their early forties and
late thirties and late twenties, and we're excited. We're hungry,
and you know, I think downtown offers just a great
(27:30):
space for us to learn and expand, and we're going
to be surrounded by some of the best companies in
the country. We're going to be surrounded by other great developers.
We're not the only great developer here in town. There's
folks that are doing really, really cool projects, whether it
be millwork or the stuff going down in Little Bohemia
or even the old market reassurgence. And we're just excited
(27:51):
to be part of it and to leave our mark.
And you know, our thesis for the neighborhood is to
create things that are simple, quality and timeless.
Speaker 3 (28:00):
And you and your brother Aaron are the third generation
of not All development and you know, you have your
you know, you and I have talked about you have
a unique perspective, you know on where you guys want
to take the company. Jane Outele obviously is very much
in charge and involved still. But but it'll be neat
(28:20):
to see how not all development and not all companies
transforms itself. You know, in the last couple of years
you got into condos and apartments and a bunch of
residential stuff and hospitality, hospitality and clothing and architecture.
Speaker 5 (28:35):
And we're just really excited. And you know, my Dad's
been an amazing steward. He's doing such a great job.
And I am so lucky. My brother and I are
so lucky to get the chance to work with him.
And I'm lucky that I get the chance to work
with my dad and my brother and the folks at
Model Companies. That's why I'm here. That's why I moved
back from Miami.
Speaker 3 (28:56):
I moved back to get a lot of real estate
experience down there. But you know what's what's neat about
your company too, is Jane not Ottel volunteered and was
head of the Urban Core Committee, and now he's on
the street car committee, right, And not everybody steps up
and does it. And you know, people will say, well
he gets inside track for this or that. No, he
(29:18):
does it. And it's a lot of work. And it's
a lot of work. And there's so many philanthropists and stakeholders,
the Paul Smith's of the world, the Todd Simon's of
the world, people that reach out, put their money where
their mouth is and work with all these public private partnerships,
which makes Omaha so unique and great.
Speaker 2 (29:40):
Sam talking about the Builders District, you know, you mentioned
there are things around it, other parts of downtown mill Oork,
what have you. But just to the west of the
Builders District, Creighton is on a building boom right now.
They got their new sophomore residence hall, baseball diamond, softball stadium.
They're north of com I mean, they're putting in a
(30:01):
kind of like an industrial maintenance type building. How can
you guys in the Builders District team up with Creighton
to really accelerate what's happening down there.
Speaker 5 (30:10):
That's a great question, thank you. It started three or
four years ago, and Creighton has been a great partner,
just like with Kiwit and you know keiwit is really
the driving force for us to be down there. And
now with our you know, continued partnership or grown partnership
with Creighton, we're really excited. And for us, you know,
(30:32):
the Builders District has got to feel like an extension
of the Creyton campus. And what Creighton has been able
to do over the last five ten years is pretty
remarkable and I'm really excited to see what happens over
the next two or three years with Creyton. They've got
big plans that I won't go into, but what they're
doing is simply world class and it's pretty cool to
(30:56):
be right next to them. It means that what we
do has to be world class and it will be.
And we're talking on a regular basis, we're strategizing, and
they're a very very important part of the Builders District
and we can't do it without them.
Speaker 2 (31:13):
Well, Sam, we appreciate you joining us this morning and
bringing us up to speed with Builders District and Exurban,
and we're also appreciative of Nodel Companies being one of
our very long time sponsors here in the show. So
continued success to you and all your colleagues, and we
hope twenty twenty five isn't even better here for you.
Speaker 3 (31:32):
Thank you.
Speaker 5 (31:32):
I'm honored to be here and I'm really excited for
what's going on in our city.
Speaker 2 (31:37):
So all right, Well that's Sam Nodel from Nodle Companies.
You can find out more about that firm by going
to Nodelcompanies dot com. Going to take our final break
of the hour, and when we come back, it'll be
our Perkins Chritzer Construction Lightning Round, in which we talk
about a lot of things in a short period of time.
We might even work in a little bit of new
population numbers for the State of Nebraska. Nebraska's over and people.
(32:00):
Now we'll maybe tell you how fast it's growing visa
VI its neighbors. So stay with us. A lot to come.
You're listening to Grow Omaha, brought to you by Cheer
Athletics and Dingman's Collision Center on news radio eleven ten KFAB.
Speaker 6 (32:14):
For the twenty third time, we revisited the Nixon White
House for Dick and Henry's White House Christmas with the Garpenters.
If you didn't catch it, you can podcast link morning
NewsPage kfab dot com.
Speaker 2 (32:26):
All right, welcome back to the show. It is your
Perkins Chritser Construction Lightning Round in which we talk about
a lot of things in a very short period of time.
Thank you to our friend Dave Kreutzer and his team
at Perkins Chritser Construction for making this possible. Outstanding general
contractor and they work you know, here in the metro area,
but oh they can go out and do things out
(32:48):
North Platte, Nebraska and Sioux City, Iowa, and Lincoln and
all these other places around the general area. No matter
where it is. They just do an outstanding job. And
Perkins Kritzer can help you with office building retail center.
Are you building a church or a community center? They
do those as well, no problem. We like to talk though,
(33:10):
a lot about all of their restaurant retail buildouts because
you know, they sponsor the Lightning Round, and that's when
we talk about a lot of restaurants and retail buildouts,
and they do so many of those. In fact, just
a last week we talked about how they're going to
be building out guitars and Cadillacs. So, for those of
you who are of the similar vintage of Trenton and Jeff,
(33:33):
I can remember back when we were young guys, single
guys going to bars, we would sometimes stop by the
old guitars and Cadillacs. I was a little bit of
a fish in a tree though I was never a
country music dancing kind of guy.
Speaker 3 (33:45):
But yeah, my Nancy and tread doesn't get along.
Speaker 2 (33:47):
But the girls that were there at the time we
went and we liked that at guitars and Cadillacs. So
but now we're old and that doesn't really matter.
Speaker 3 (33:54):
Two words that for the guitars and Cadillac mechanical.
Speaker 2 (33:57):
Bawl, and that is your Perkins rights or construction Lightning Round. No,
actually it's just going to go ahead, get started, all right,
So on the news, a few things we have for you.
First of all, the old KFC restaurant at forty three
to fifty eight Dodge Street has been demolished and that
will become Bank of America. They have opened a few
(34:18):
branch locations here in town and they continue to do so.
The former Starski's Bar in Grill at seventy eight twelve
f Street is another bar and grill trips bar and grill,
So from one bar and grill to another. We've got
a lot more restaurant news to share with you, but
we want to take a quick interlude for some population talk.
(34:39):
As a mention before the break, for the first time
in history, Nebraska now has more than two million people
two million, five thousand to be exact, Thank you very much.
That is a net gain in one year of nearly
eighteen thousand people, which is zero point nine percent. Makes
it the eighteenth fastest growing state over the last year.
(35:02):
But Omaha, or rather Nebraska compares quite well with bordering
states Colorado, those squirrely little boggers, they grew faster, they
grew at one percent. But other than that, Nebraska was
the fastest growing state in the region. We grew faster
than Iowa, Kansas, and South Dakota, who were all at
point seven percent. We grew quite a bit faster than
(35:24):
Missouri at point six percent, and we grew a hell
of a lot faster than Wyoming at point four percent. Now,
of the seventeen thousand, six hundred and one people net
gain in Nebraska last year, thirteen thousand were international. So
we continue to attract international people, which is important because
(35:45):
we have a critical labor shortage.
Speaker 3 (35:47):
And we got a new i hop opening. Who does Omaha,
So it's international house of pancakes.
Speaker 2 (35:53):
It's in Iowa.
Speaker 3 (35:54):
Maybe that's where they're working.
Speaker 2 (35:55):
It's in Iowa. The ihep is in Iowa. It's in
Council Aboves, Iowa. We have ihep here to Joe. Yeah,
last week when you were in Colombo. When you were
in Colombia, we announced that Ihawk replaced Red Lobster and Councilus.
I assume that's what you're talking about. Yeah, Okay, on
with the news after that interjection. The Platypus, a wine
focused bar, has opened at fourteen oh nine South thirteenth
(36:20):
Street in Little Bohemia. Next to Tiny House under the
same ownership, and it looks like it's gonna be a
pretty cool place. Also in Little Bohemia, mas Luna Tamala
Ria a sister bar to It's a sister place to
Phizzy's Fountain Liquor, which is cool. Have you ever been
to Phizzy's. Masa Luna is going to go into the
(36:41):
old Muchacos space right there on thirteenth Street and looks
like opening spring a twenty twenty five, and it'll have
a variety of Tamali's and agave based cocktails.
Speaker 3 (36:53):
You know, I was just stating there the day to
a friend, we need more original Mexican restaurant concepts.
Speaker 2 (36:59):
Are you being sarcast I actually think we need more
because Mexican food is right up there with Japanese food
as my number one favorite cuisine ethnicity. Okay, The Salty
Dog Bar and Grill has opened its second location. We've
been talking about this for a long time, partly because
it shares a building with the future Wiener Schnitzel, which
(37:20):
grow O Maha listeners are like over the moon. The
fact the day we announced that Wiener Schnitzel opens in
the same building, which is going to be probably about
a month or two. I think the presses will stop running.
People will be so excited. But for now, the neighbor
to Wiener Schnitzel, Salty Dog Bar and Grill has opened
thirty four to one South seventy second Street. It's in
(37:41):
the MH. Landing development, northeast of seventy second and Grover.
Salty Dog has an existing location in Council Bluffs.
Speaker 3 (37:48):
And they don't sell hot dogs to my knowledge, Salty Dog, Yeah,
I'm not sure. I've never been to name after his dog.
Cheddars Scratch Kitchen will open on February third. The exact
addresses one seventy three seventy three Chicago Street, but in
English that's translated to Village Point Shopping Center, seventy five
hundred square foot building. It's east of Firebirds Wood Fired
(38:10):
Grill and west of Shiels. Cheddars has an existing Omaha
location near one hundred and twentieth. In l we have
the Grove Juicery and Wellness Cafe that Sam mentioned earlier.
They're opening date March twenty, twenty twenty five. And then
we have a liquor superstore out of Lincoln coming to Omaha.
The still fine Wine and Spirits Trenton will be in
(38:33):
Coventry two hundred and fourth and V Street. They're joined
in a crowded lineup because just within the last year
to liquor superstore concepts from other places have entered the market.
Total wine and macadodles, there'll be more, not to mention wine,
beer and spirits otherwise known as booz r us and business.
Also Wall to Wall has a couple spots in the
(38:54):
market as well. Crunch Fitness will open a new Maplewood
location twenty six to fifty North ninetieth Street in the
former Family Fair space forty thousand square feet. I'll be
opening in the spring of twenty twenty five. All Right,
some bad news, We've got some closings. Modern Love in
Midtown Crossing was going to close next summer. They moved
(39:14):
it up to December twenty ninth, which which Superior Sandwiches
closed its final location in the market at three oh
seven Nor one hundred and fourteenth And finally, the Steve
Madden store at Nebraska Crossing closed Yesterdayay, sorry to leave
you on a negative note, but we left you on
a negative note.
Speaker 2 (39:33):
Hope you have a great weekend though I'm Jeff Beils
and I'm Trenton Maggott. You've been listening to Grow Omaha,
brought to you by Dingman's Collision Center, Chair Athletics and
Perkins Chritzer Construction. We'll chat with you next week at
nine right here on news Radio eleven ten kfab
This is Grow Omaha, the only radio show that talks
about economic development, construction, business expansion, and all of those
things that make Omaha a great place to live or visit.
Grow Omaha on News Radio eleven ten Ka Baby.
Speaker 2 (00:14):
Well, good morning and welcome to the show. Jeff Beals
here at your service. Glad that you have joined us
this morning. Want to thank our sponsors. They are Cheer Athletics,
the nation's number one all star Cheer Jim along with
Dingman's Collision Center for Metro area locations. This is the
only show in the metro area that talks about real
(00:35):
estate development, economic development, construction, businesses expanding, fun stuff related
to Omaha becoming more vibrant and more prosperous. Without any
further ado, it's time to bring on my co host,
legendary real estate deal maker and a legendary all around fellow,
Trenton Maggot.
Speaker 3 (00:53):
Good morning, ladies and gentlemen. Good morning, Jeff, it's going
to be back.
Speaker 2 (00:56):
Good to have you back. Brad Williams did a fine
job in your stay, but we always miss our Trenton
when you're gone. Well, you know, sometimes we want to
bring the worldview of real estate to Omaha. So I
was on assignment for ten days in Cali, Columbia and
the surrounding areas. Columbia is a little bit of a
different town or country compared to the United States and different.
(01:20):
That's kind of reminds you like when people go on vacation,
like how's your trip to Uhlan? Buttar it was different. Yeah,
that's basically what you just said. It was different.
Speaker 3 (01:29):
One thing about Columbia is like they have a different
word for almost everything.
Speaker 2 (01:34):
It's like a whole other language. Yes, okay, So that's
your real estate and development report for the Nation of Columbia. Yes,
and brought to you my Dingman's Collision Center and cheer Athletics.
Speaker 3 (01:45):
Yes, it's my fifth trip to Columbia and been all
over the country except for Mediine, which I want to
go to next time.
Speaker 2 (01:54):
And that's all that's high on a lot of people.
Speaker 3 (01:57):
It's kind of interesting because I'm a multi billion down there,
because at least that's what everyone thinks. Well in pesos,
Oh okay, good, good for you. So one hundred thousand
Columbian pesos is about twenty five dollars.
Speaker 2 (02:12):
And that's your the Nation of Columbia Commercial real Estate
and Business Development Regulation for today, Trent, And we're glad
you're back though, and we're going to go into our
News of the week, which is brought to you by
Ego Mortgage Ego Mortgage Company dot com. You can find
them in person though at one hundred and fourteenth and Davenport,
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(02:36):
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Customize it, personalize it. And you know it's the year
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(02:56):
holidays are in the rearview mirror, they're going to be
thinking new house. One of the first things you want
to do is contact Eagle Mortgage Eagle Mortgage Company dot com.
Speaker 3 (03:04):
They saw above the others won't make you sore, Trenton.
Speaker 2 (03:07):
The big news this week is a change of ownership
at the Crossroads. We knew this was coming, but it
is official now. Woodbury Corporation, based in Salt Lake City
is now the owner of the site. They took further site.
They took charge of the development a while back, but
this was just kind of a formal real estate transfer.
(03:29):
But in that couple things are significant from a news angle.
The first one is that the project is now estimated
to cost nine hundred million dollars, so let's just call
it a billion, which makes it one of the largest
real estate developments in the state of Nebraska in history.
Speaker 3 (03:48):
I remember when a billion dollars was a lot of money, Jeff.
Speaker 2 (03:51):
And the other thing that is significant is we now
know that in the first phase there will most likely
be a ninety two thousd in square foot indoor entertainment venue.
During the press conference announcing this earlier this week, Jeff
Woodbury from Woodbury Corporation said that this will be operated
(04:12):
by a very large major national chain someone some company
that is big in the indoor entertainment world. Couldn't say
who it is. They were still technically at the letter
of intent phase, but it was portrayed by Jeff Woodbury
that this is almost assigned lease and thought that it
(04:33):
would possibly be announced even within the next month.
Speaker 3 (04:37):
There were a lot of rumors Jeff even five years
ago under under Lockwood's watch that main Event. You can
look up main event entertainment, those types of things. There's
also down a Grandscape where NFM has a one point
five billion dollar development, which I've been down there. They
(04:59):
have as and ready something something similar with a huge
multi level indoor carding and so I don't know if
those are what's looking at it. But when you say
indoor entertainment, you know there could be a bowling aspect,
there could be a movie aspect. Arcades can be involved
(05:21):
and exists already if if it's a chain, but I
don't know which one it is. But most of these
are not ninety two thousand square feet. The Andretti is
about one hundred thousand. But we'll have to see whether
whether it happens.
Speaker 2 (05:38):
Yeah, it'll be it'll be fun to find out exactly
what this company is. And like you said, Trent, at
ninety two thousand feet, it's it's going to be a
hell of an investment and probably a pretty impressive place. Now.
A couple other things that are are relevant. The amount
of tax are financing remains at one hundred and five
million dollars, even though the value of the project is
now getting close to one billion dollars that will be invested,
(06:02):
and there is going to be a very unique and
at least unique for a round Here relationship with some
of the parcels on the development. They're actually going to
be turned into condominium regimes in which part of some buildings,
namely the parking garage, part of some of these buildings
will be a separate piece of real estate owned by
(06:24):
the City of Omaha, and then the other parts of
the buildings, which would be apartments and retail and this
sort of thing, will be owned by the developer. There
will be three new parking garages constructed, at least one
of which will be underground. Now, some people have been
wondering about this next thing I'm going to say, and
wondering why. But eventually, not in the first couple phases,
(06:46):
but eventually the existing parking garage, the very large Crossroads
parking garage on the south west corner of seventy second
and Cast will be torn down. And some people said,
why would you tear that down if you're going to
need the parking anyway. Well, in order to maximize the
layout of the land and to get the most value
out of it for the new developer and to make
(07:07):
it a great community asset. That parking garage is kind
of in the way of what they want to do.
Speaker 3 (07:12):
Interestingly, Frank Crachie I remember him bragging about it. You know,
he bought the entire site for probably fifteen years ago
for ten million dollars, very low, for little due diligence
and everything, but he thought that that parking garage is
worth about twenty million dollars. Just upgrade it a little bit,
put some LED lighting in it and everything else. And
(07:33):
now it's getting torn out.
Speaker 2 (07:35):
Well, and if you recall when Frank first got started
with his original partner that he was going to do
the project with, there was actually talk about building apartments
and condos on top of that existing parking garage. And
so we've gone from that to having it torn down. Hey,
I do want to address one thing too about the
crossroads before we move on too much further. We continue
(07:59):
to get a lot of oh kind of cynical and
skeptical and pessimistic and sarcastic response about that project. And
I get it because it's been talked about for such
a long time, and it's been vacant for a long time,
but I think people need to know one thing. Trent
and I look at this pretty closely. We study this stuff.
(08:21):
I can assure you there is nothing sinister. There is
no conspiracy theory. No one is out there trying to
stick it to the people of Omaha to make sure
nothing is ever built at the crossroad site. We get
all these emails into Gromaha and everyone's like, like, there's
some hidden thing that's causing this not to be built. Folks.
(08:41):
There are a lot of reasons why this has been delayed,
not the least of which was the original guy who
was behind this died a couple of years ago. So
there's been a lot of things that have happened. And
the only thing I can tell you is just look
forward to the future. With Woodbury, this new company that
has taken over this week, they already have five billion
dollars in assets under management. There's a capable of developer there.
(09:05):
They have properties in sixteen states. It is a great corner.
In fact, Jeff Woodbury said this week publicly that seventy
second of Dodge is the number one retail intersection in
this region of the country.
Speaker 3 (09:21):
Yeah, I think that it's a very complicated site. Obviously,
it's an expensive project, and when Tiff is involved with
this city, this would have been a wholly different project
if they would have gone forward ten years ago.
Speaker 2 (09:40):
Yeah, and it would have been a lot less It
would have been a lot less money invested as well,
because costs have gone up so much. But situations change.
Every piece of property is different.
Speaker 3 (09:49):
The funnal thing I want to say about it is
Jeff talked about condos where you can have a vertical
or horizontal property with different food groups, different uses. You
might have a parking garage that's one condo, then an
office and then residential, some retail on the first floor.
(10:09):
That gets complicated on the financing, on the cross easements, agreements,
the use agreements, easements and all that kind of stuff.
So yes, it's taken a long time. There's not a
lot of people that will take risks like these people have,
and you know, well, we'll wait and see, and there's
(10:30):
plenty of other projects going on in them all while
we're waiting. But it'd be interesting to see what the
mix is between entertainment. There would have been a lot
more office, you know, five years ago, yeah, pre pandemic,
and there's be a lot less office now, and you
know there's gonna be a nature space and things like that,
and you got the library across the street, and then
(10:52):
on the northeast corner, there's a lot of rumors that
that's gonna get redeveloped where the pet Co. Is funny
that you should mention that, because you said there are
a lot of other projects coming, and that was the
first thing that came into my mind. During the press
conference that was held this week to discuss the ownership
transfer at Crossroads, Mayor Stothart revealed that a developer who
(11:17):
is yet to be named, is planning to do a
mixed youth project on the northeast corner. As you mentioned Trenton,
that is currently a pet Co building pet Co store.
When you and I were young guys running around Omaha,
it was a hinky dinky grocery store yep and and and.
Speaker 2 (11:36):
So it's a very Samo was on the corner, right
there on the corner, and I'd say, right now, it's
a very underutilized what QB. Chrishcherbobs one hour photo was
right there too. Yeah, I'd say, right now, it's a
very underutilized piece of property. And if you look at it,
it's it's pretty big. And so when we're hearing mixed
use at that corner, given everything else that's going there,
I guess I would assume probably five story building with
(12:00):
retail on the ground floor apartments upstairs.
Speaker 3 (12:02):
What's on your mind? I think about that, and you know,
vertical and some kind of funky mix use. But I
also think about the bowling alley behind the swivel to
the north. It drives me crazy to see that antiquated
piece there, but that was one of the first things
ever out there. Yeah, but that needs to be redeveloped
(12:24):
sometime too.
Speaker 2 (12:25):
Also during the same press conference, toward the end, a
reporter asked Mayor Stothard a different question. The reporter said,
what about the old civic Auditorium site? Anything new there?
And she kind of had a smile on her face
and started to say something, but said she really can't
say much about it. But she did say that there
(12:45):
was other interest in the property, possibly a different developer
or a different user. And another time she said another
idea for development there. So currently the developer that holds
that site it was sold by the city as White
Lotus and they proposed a project known as Civic Square,
(13:08):
which was going to be they go to. They were
going to put in the grid back, you know, because
it's a four block parcel. They were going to put
in some streets there, like Eighteenth Street and was it
Davenport or something like that. There was going to be
an office component, town homes, condos, apartments. None of it
was overwhelming in size or scale, but it's four blocks,
so it was quite a bit of development. So the
(13:30):
big question is what is she talking about. Who might
this user or developer be and is it more along
the lines of what White Lotus proposed or is it
something completely different.
Speaker 3 (13:42):
Will it have a sizeable grocery store.
Speaker 2 (13:44):
Well, everyone keeps talking about the grocery store, and that
question came up in their press conference as well as
you might imagine. And there's still a lot of talk
about grocery stores in downtown or even North Downtown. But
we shall see. Let's wrap that up. That's the news
of the week. Before we go, though, I do want
to give a plug for our grow Omaha Eats restaurant review,
(14:07):
which is sponsored by All Makes, the outstanding office furniture
and equipment dealer based in downtown Omaha. At any rate girl.
Omaha Eats restaurant reviews are written by Chris Corey. Our
outstanding restaurant reviewer this week is Avoli Osteria. Now Chris says,
it's Avoli is pronounced Ovali, but I always thought it
was Avoli. But what do you call it? Trenton? You
(14:29):
call it delicious? It is really good stuff, great review,
positive review. It's in Dundee, right across the street from
kfab and you can see that review in all of
our Chris Corey Gromaha Eats restaurant reviews on grow Omaha
dot com. All right, that's it for the first segment.
When we come back, we're going to bring on our
friends Sam Nodel. He is with Nodel Development and we're
(14:52):
going to be talking about some of the projects that
Nodel Companies has underway. Right now, you're going to enjoy
listening to Sam and uh and learn a lot. So
stay with us. It's grow Omaha. It's brought to you
by Dingman's Collision Center and Cheer Athletics, and we'll be
back in a moment. On news Radio eleven ten KFAB.
Speaker 4 (15:11):
You can win a pair of tickets to see Jerry
Seinfeld and Jim Gaffigan live at Chi Health Center on
January seventeenth.
Speaker 2 (15:18):
Register now at kfab dot com slash contests and welcome
back to the show Jeff Bils and Trenton Maggot. Here
we're brought to you by Cheer Athletics and Dingman's Collision Center.
Dingman's has four metro area locations Northwest Omaha one hundred
and forty fourth in Industrial, Downtown, Papillion and Saddle Creek Road.
All of them do an equally outstanding job. Well, we
(15:40):
have with us today our friend Sam Nodel. He is
appropriately with nod Al Companies, one of our sponsors on
the show, and just an absolutely outstanding commercial real estate
residential real estate development firm based here in Omaha doing
work around the country. Sam, Welcome to the show. It's
good to have you with us.
Speaker 3 (16:00):
What's popping?
Speaker 5 (16:00):
Thank you for having me.
Speaker 2 (16:02):
Well, i'll tell you what's popping. Omaha is at the
cusp of a golden era right now. We're building things
like crazy, and you guys are a big part of it.
Speaker 5 (16:09):
Yeah, I agree with you. It's really cool to see
everything that's happening in Omaha. It's exciting and we're just
honored to be a part of it.
Speaker 2 (16:18):
Well, we appreciate everything you guys are doing and honored
to have you a part of the grol Maha team.
And we're gonna have you a start today. Let's start
at Exarbon. What's going on at Xarbon there? What's new?
What should people know about Xarbon Village?
Speaker 5 (16:31):
Absolutely well, first of all, thank you for having me
on the show. I gotta admit I'm a little nervous,
but after seeing you guys go through that first segment,
I'm even more nervous. But we're really excited for what
twenty twenty five is going to bring. We have been
hard at work on Exarbon Village and we're excited about
(16:51):
Elevate Fitness that just opened up, who relocated from Rockbrook
Village shortly after. We're going to have the Grove Juicery,
which is another wellness concept that a really cool healthy
restaurant primarily a juice bar. They're opening up in the
InterRail food Hall probably in March, so we're really excited
(17:14):
about that. They took two stalls, so the entire north
end of the food hall, right across from Power Life Yoga.
Then in the food hall we also have two other
new concepts that are coming in. We have a taco
shop coming in, and we have a new burger stall,
a new Smash burger stall coming in in Exarbon Village Proper.
(17:36):
We've got a new restaurant, a new breakfast restaurant taking
the Jones Brother space.
Speaker 3 (17:42):
So we're really.
Speaker 5 (17:42):
Excited about that. That's a first to market concept.
Speaker 3 (17:47):
Is that an original concept or is it another market?
It's in other markets.
Speaker 5 (17:51):
It's in other markets, So I think this will be
their fourth one. What is it that throws me off?
Speaker 3 (18:00):
I don't care.
Speaker 2 (18:02):
A right?
Speaker 3 (18:02):
Can you tell us what it is?
Speaker 5 (18:04):
I can't tell you what it is yet, they might
get mad at me. Lunch and breakfast. It's lunch and breakfast, okay, yep.
We have a new wine bar coming in, so we're
excited about that. That looks like it's going into the
HDR building. We have a market concept like a imagine
a seven to eleven meets Whole Foods. It's something that
(18:25):
the village desperately needs.
Speaker 3 (18:28):
How big is that?
Speaker 5 (18:28):
That'll be about twenty two hundred square feet?
Speaker 2 (18:32):
Okay, what building will that be a part of that'll
be in the HDR building as well.
Speaker 5 (18:35):
In the Zoup space right between rub and A Priori,
the men's clothing store, So we're really excited about that.
We've been doing a lot of office leasing and it's
not just us. Our neighbors across the street at Magnum
have done an amazing job. They just signed another twenty
five thousand square foot office user. We just signed a
thirty five thousand square foot office user, So we're we're
(18:57):
really excited. Our office is healthy, and we're focused on
curating a really great and or continuing to curate a
great environment on the retail side, and then we're spending
a lot of effort on programming the village for twenty
twenty five. We've been doing more and more of that
over the last three or four years, and we've started
(19:20):
to find our niche and that's fostering connections through wellness
and music events and things like that. So we're gonna
we have.
Speaker 3 (19:29):
A running club too when the weather's we have two
running clubs.
Speaker 5 (19:33):
Yeah, we have an exarbon run club which meets every
Wednesday night in the summer at six thirty at Sunny's.
And I think we're going to start to do more
and more with Elevate and Power Life this year. And
then there's another running club Exarbon Athletic Club, which is
where all the pros go to run, and they're a
great compliment to the village as well. I'm not exactly
sure when their run clubs are. I think you could
(19:56):
find it on Instagram. I don't think I'm quite good
enough to run with those guys yet, but hopefully by
twenty twenty five or summer of twenty twenty five, I will.
Speaker 2 (20:04):
Well. Trent's going to start with the lower of the
two running clubs, but he helps to work his way
up to that same way.
Speaker 3 (20:09):
I'm going to go there, so I'm kind of their
inspiration to keep running, so I do my job. We'll
go together this year. Excellent, So we'll bring Ryan. What
are you serving?
Speaker 2 (20:22):
What's the post run snack?
Speaker 3 (20:24):
Beer and milk? But it's neat to see you guys.
Innovate and Sam is a humble guy, but it was
really his inspiration. He had help along the way, but
it was really your inspiration. For the Sunnies. What would
you call Sonnies. It's a airstream trailer that has a
bar and some bites.
Speaker 5 (20:44):
Yeah, I mean it's a it's an experiment Sonny's is
an experiment and although it started off as my idea,
it has morphed into so many others ideas and we
have just this amazing team. Hospitality team has grown so
much over the last two years. I'm really honored to
(21:05):
just be with them and share space with them and
see what they're capable of doing. And this year at Sunny's,
we're really excited. You know what we're gonna do. Every
year we've made improvements to Sonnies. So this year, as
we were all thinking, we decided that we're gonna plant trees.
We're gonna plant trees in the dog park. We're gonna
(21:25):
plant trees around Sunnies. I don't know if if any
of you guys have been to Sonnies or in we
call it Zone six, the.
Speaker 3 (21:31):
Dog park area.
Speaker 5 (21:33):
We've got all these trees in planter boxes and it's
now time to go plant those trees.
Speaker 3 (21:38):
So we're really excited about that. Is it the same
trees that you're taking out of the planet. It is.
Speaker 5 (21:42):
Yeah, it is out of the box and into the ground,
out of the boxing, into the ground, which was.
Speaker 2 (21:45):
The relief for the trees. They know they get to
stick around for a while.
Speaker 5 (21:48):
And you know, the goal is like hopefully in twenty years.
These trees are huge and it creates a really special
place that fosters you need just more connection. And you know,
we spend a lot of time traveling, probably less time
traveling now than we have in the past, but everywhere
we go we see a lot of trees. We're like,
(22:10):
all right, it's time.
Speaker 2 (22:11):
It's time. It's time for the tree canopy at Xarbon Village. Well,
we're gonna have Sam stay with us through the break
because on the other side, we're gonna talk to him
about Builders District, another Nodel Companies project in North Downtown,
and so Sam stick with us. More to come. We're
going to break for the news and we just want
(22:31):
to have you stay with us as well because it's
gonna be interesting stuff. We want to thank our sponsors,
Dingman's Collision Center and Cheer Athletics, Nation's number one all
Star Cheer Jim and we'll be back in a moment
on news radio eleven ten kfab.
Speaker 4 (22:46):
The gift of giving is powerful when you do it,
but when you see someone else do it as a
child that stays with you for life, it's the rosy
Digitozi on the podcast page under Jim Rose Okayfabe dot
com and welcome.
Speaker 2 (22:57):
Back to the show. Jeff Peels and Trenton Maggot broadcasting
from the kfab Penthouse Studio high above Underwood Avenue and
beautiful downtown Dundee. We're brought to you by Dingman's Collision
Center and Cheer Athletics. They are the nation's number one
all star cheer Jim and let me tell you, all
Star cheer getting very serious twenty twenty eight. It will
be an Olympic sport. And so if you want your
(23:21):
kid or your grandkid to get involved in an up
and coming sport, you need to check out cheer Athletics.
They have a very competitive level, but they have levels
to get people involved on the front end as well.
And there are only about twelve or thirteen of these
in the whole country. We're very fortunate to have one
here in Omaha. Local location is in Papilion near Highways
(23:43):
fifty and three seventy. You can find out more by
going to Caomaha dot com CAA as in Cheer Athleticscaomaha
dot com. We have Sam Naudel with us. He is
with Nodel Companies, one of the premiere real estate development
firms here in Omaha. And in the last segment we
talked about some news in a Sarbon village and now, Sam,
(24:03):
let's go downtown North Downtown to be specific. You guys
are involved in the Builders District, that's correct. Yeah, what's
going on down there?
Speaker 5 (24:11):
Well, our first office building is up, and we have
a new public space that we're going to start opening
to the public early next.
Speaker 3 (24:18):
Year with a big TV in it.
Speaker 5 (24:19):
With a big TV in it, Builders Green, which takes
a lot of the things that we learned in Zone
six around Sunni's and refined them. We're also planting a
lot of trees there in the spring. And then our
new office building fifteen oh one Mike Fahey, which is
about one hundred and twenty thousand square feet. We've got
our first tenant open, fly Fitness once again. Wellness. We
(24:42):
have the Root Coworking, which is a twenty five thousand
square foot coworking concept out of Oklahoma. They're building out
right now and they should be open in May or June.
And then you ready for it, we are, Dad, I'm sorry,
I'm going to announce it. We're moving downtown. Hey, so
not all companies. Is we're moving our corporate headquarters to
(25:05):
fifteen oh one, Mike Fahi Wow in the building across
from Kewit next to the Route Co working And it's
going to be great for us. And we'll still maintain
a significant presence in Exarbon Village. I live in Xarbon Village.
I'm not leaving Exarbon Village. And we'll have a small
office there for our hospitality staff, for our property management staff,
(25:27):
and for our leasing staff, but the whole.
Speaker 3 (25:30):
And you're really going back to your roots because the
brokerage development management company that Jane Otto started with a
couple of partners, you guys were at night well probably
before that somewhere else, but nineteen oh five, Harney, if
I believe in the Aim building now And so your
roots are really downtown. And I remember when I got
(25:54):
in the business thirty one years ago, and I didn't
know anything from anything, but I said to my I
said in my mentor, I said, you know, downtown, it
seems like Downtown's gonna start popping. And he just laughed
and laughed and laughed. But and his major client was
first out of resources, which a whole other story is
(26:15):
we're talking about Jim Moore, a great guy, and I
didn't know I was prophesizing, but your dad actually knew.
Your dad and his partner's knew and made a lot
of money downtown with Beta West, which is the building
now where the Farnham Hotel is in, and a bunch
of other projects downtown. So so now you're you know,
(26:38):
it's another resurgence. You know, it's never left downtown, but
we're just cementing the greatness of downtown and improving upon it.
Speaker 5 (26:47):
Yeah, we're really excited, and you know, we have a
history of officing in our projects. You know, when we
were building One Pacific Place, not all Companies was in
One Pacific Place, and building the office parks out west,
we were out West. Then when Xarbon started, we came
to Xarbon, And now we're going back down to the
(27:08):
builders district and starting being a new era Fornado Companies,
which we're really excited about. We've got just an unbelievable
team of younger people, all in their early forties and
late thirties and late twenties, and we're excited. We're hungry,
and you know, I think downtown offers just a great
(27:30):
space for us to learn and expand, and we're going
to be surrounded by some of the best companies in
the country. We're going to be surrounded by other great developers.
We're not the only great developer here in town. There's
folks that are doing really, really cool projects, whether it
be millwork or the stuff going down in Little Bohemia
or even the old market reassurgence. And we're just excited
(27:51):
to be part of it and to leave our mark.
And you know, our thesis for the neighborhood is to
create things that are simple, quality and timeless.
Speaker 3 (28:00):
And you and your brother Aaron are the third generation
of not All development and you know, you have your
you know, you and I have talked about you have
a unique perspective, you know on where you guys want
to take the company. Jane Outele obviously is very much
in charge and involved still. But but it'll be neat
(28:20):
to see how not all development and not all companies
transforms itself. You know, in the last couple of years
you got into condos and apartments and a bunch of
residential stuff and hospitality, hospitality and clothing and architecture.
Speaker 5 (28:35):
And we're just really excited. And you know, my Dad's
been an amazing steward. He's doing such a great job.
And I am so lucky. My brother and I are
so lucky to get the chance to work with him.
And I'm lucky that I get the chance to work
with my dad and my brother and the folks at
Model Companies. That's why I'm here. That's why I moved
back from Miami.
Speaker 3 (28:56):
I moved back to get a lot of real estate
experience down there. But you know what's what's neat about
your company too, is Jane not Ottel volunteered and was
head of the Urban Core Committee, and now he's on
the street car committee, right, And not everybody steps up
and does it. And you know, people will say, well
he gets inside track for this or that. No, he
(29:18):
does it. And it's a lot of work. And it's
a lot of work. And there's so many philanthropists and stakeholders,
the Paul Smith's of the world, the Todd Simon's of
the world, people that reach out, put their money where
their mouth is and work with all these public private partnerships,
which makes Omaha so unique and great.
Speaker 2 (29:40):
Sam talking about the Builders District, you know, you mentioned
there are things around it, other parts of downtown mill Oork,
what have you. But just to the west of the
Builders District, Creighton is on a building boom right now.
They got their new sophomore residence hall, baseball diamond, softball stadium.
They're north of com I mean, they're putting in a
(30:01):
kind of like an industrial maintenance type building. How can
you guys in the Builders District team up with Creighton
to really accelerate what's happening down there.
Speaker 5 (30:10):
That's a great question, thank you. It started three or
four years ago, and Creighton has been a great partner,
just like with Kiwit and you know keiwit is really
the driving force for us to be down there. And
now with our you know, continued partnership or grown partnership
with Creighton, we're really excited. And for us, you know,
(30:32):
the Builders District has got to feel like an extension
of the Creyton campus. And what Creighton has been able
to do over the last five ten years is pretty
remarkable and I'm really excited to see what happens over
the next two or three years with Creyton. They've got
big plans that I won't go into, but what they're
doing is simply world class and it's pretty cool to
(30:56):
be right next to them. It means that what we
do has to be world class and it will be.
And we're talking on a regular basis, we're strategizing, and
they're a very very important part of the Builders District
and we can't do it without them.
Speaker 2 (31:13):
Well, Sam, we appreciate you joining us this morning and
bringing us up to speed with Builders District and Exurban,
and we're also appreciative of Nodel Companies being one of
our very long time sponsors here in the show. So
continued success to you and all your colleagues, and we
hope twenty twenty five isn't even better here for you.
Speaker 3 (31:32):
Thank you.
Speaker 5 (31:32):
I'm honored to be here and I'm really excited for
what's going on in our city.
Speaker 2 (31:37):
So all right, Well that's Sam Nodel from Nodle Companies.
You can find out more about that firm by going
to Nodelcompanies dot com. Going to take our final break
of the hour, and when we come back, it'll be
our Perkins Chritzer Construction Lightning Round, in which we talk
about a lot of things in a short period of time.
We might even work in a little bit of new
population numbers for the State of Nebraska. Nebraska's over and people.
(32:00):
Now we'll maybe tell you how fast it's growing visa
VI its neighbors. So stay with us. A lot to come.
You're listening to Grow Omaha, brought to you by Cheer
Athletics and Dingman's Collision Center on news radio eleven ten KFAB.
Speaker 6 (32:14):
For the twenty third time, we revisited the Nixon White
House for Dick and Henry's White House Christmas with the Garpenters.
If you didn't catch it, you can podcast link morning
NewsPage kfab dot com.
Speaker 2 (32:26):
All right, welcome back to the show. It is your
Perkins Chritser Construction Lightning Round in which we talk about
a lot of things in a very short period of time.
Thank you to our friend Dave Kreutzer and his team
at Perkins Chritser Construction for making this possible. Outstanding general
contractor and they work you know, here in the metro area,
but oh they can go out and do things out
(32:48):
North Platte, Nebraska and Sioux City, Iowa, and Lincoln and
all these other places around the general area. No matter
where it is. They just do an outstanding job. And
Perkins Kritzer can help you with office building retail center.
Are you building a church or a community center? They
do those as well, no problem. We like to talk though,
(33:10):
a lot about all of their restaurant retail buildouts because
you know, they sponsor the Lightning Round, and that's when
we talk about a lot of restaurants and retail buildouts,
and they do so many of those. In fact, just
a last week we talked about how they're going to
be building out guitars and Cadillacs. So, for those of
you who are of the similar vintage of Trenton and Jeff,
(33:33):
I can remember back when we were young guys, single
guys going to bars, we would sometimes stop by the
old guitars and Cadillacs. I was a little bit of
a fish in a tree though I was never a
country music dancing kind of guy.
Speaker 3 (33:45):
But yeah, my Nancy and tread doesn't get along.
Speaker 2 (33:47):
But the girls that were there at the time we
went and we liked that at guitars and Cadillacs. So
but now we're old and that doesn't really matter.
Speaker 3 (33:54):
Two words that for the guitars and Cadillac mechanical.
Speaker 2 (33:57):
Bawl, and that is your Perkins rights or construction Lightning Round. No,
actually it's just going to go ahead, get started, all right,
So on the news, a few things we have for you.
First of all, the old KFC restaurant at forty three
to fifty eight Dodge Street has been demolished and that
will become Bank of America. They have opened a few
(34:18):
branch locations here in town and they continue to do so.
The former Starski's Bar in Grill at seventy eight twelve
f Street is another bar and grill trips bar and grill,
So from one bar and grill to another. We've got
a lot more restaurant news to share with you, but
we want to take a quick interlude for some population talk.
(34:39):
As a mention before the break, for the first time
in history, Nebraska now has more than two million people
two million, five thousand to be exact, Thank you very much.
That is a net gain in one year of nearly
eighteen thousand people, which is zero point nine percent. Makes
it the eighteenth fastest growing state over the last year.
(35:02):
But Omaha, or rather Nebraska compares quite well with bordering
states Colorado, those squirrely little boggers, they grew faster, they
grew at one percent. But other than that, Nebraska was
the fastest growing state in the region. We grew faster
than Iowa, Kansas, and South Dakota, who were all at
point seven percent. We grew quite a bit faster than
(35:24):
Missouri at point six percent, and we grew a hell
of a lot faster than Wyoming at point four percent. Now,
of the seventeen thousand, six hundred and one people net
gain in Nebraska last year, thirteen thousand were international. So
we continue to attract international people, which is important because
(35:45):
we have a critical labor shortage.
Speaker 3 (35:47):
And we got a new i hop opening. Who does Omaha,
So it's international house of pancakes.
Speaker 2 (35:53):
It's in Iowa.
Speaker 3 (35:54):
Maybe that's where they're working.
Speaker 2 (35:55):
It's in Iowa. The ihep is in Iowa. It's in
Council Aboves, Iowa. We have ihep here to Joe. Yeah,
last week when you were in Colombo. When you were
in Colombia, we announced that Ihawk replaced Red Lobster and Councilus.
I assume that's what you're talking about. Yeah, Okay, on
with the news after that interjection. The Platypus, a wine
focused bar, has opened at fourteen oh nine South thirteenth
(36:20):
Street in Little Bohemia. Next to Tiny House under the
same ownership, and it looks like it's gonna be a
pretty cool place. Also in Little Bohemia, mas Luna Tamala
Ria a sister bar to It's a sister place to
Phizzy's Fountain Liquor, which is cool. Have you ever been
to Phizzy's. Masa Luna is going to go into the
(36:41):
old Muchacos space right there on thirteenth Street and looks
like opening spring a twenty twenty five, and it'll have
a variety of Tamali's and agave based cocktails.
Speaker 3 (36:53):
You know, I was just stating there the day to
a friend, we need more original Mexican restaurant concepts.
Speaker 2 (36:59):
Are you being sarcast I actually think we need more
because Mexican food is right up there with Japanese food
as my number one favorite cuisine ethnicity. Okay, The Salty
Dog Bar and Grill has opened its second location. We've
been talking about this for a long time, partly because
it shares a building with the future Wiener Schnitzel, which
(37:20):
grow O Maha listeners are like over the moon. The
fact the day we announced that Wiener Schnitzel opens in
the same building, which is going to be probably about
a month or two. I think the presses will stop running.
People will be so excited. But for now, the neighbor
to Wiener Schnitzel, Salty Dog Bar and Grill has opened
thirty four to one South seventy second Street. It's in
(37:41):
the MH. Landing development, northeast of seventy second and Grover.
Salty Dog has an existing location in Council Bluffs.
Speaker 3 (37:48):
And they don't sell hot dogs to my knowledge, Salty Dog, Yeah,
I'm not sure. I've never been to name after his dog.
Cheddars Scratch Kitchen will open on February third. The exact
addresses one seventy three seventy three Chicago Street, but in
English that's translated to Village Point Shopping Center, seventy five
hundred square foot building. It's east of Firebirds Wood Fired
(38:10):
Grill and west of Shiels. Cheddars has an existing Omaha
location near one hundred and twentieth. In l we have
the Grove Juicery and Wellness Cafe that Sam mentioned earlier.
They're opening date March twenty, twenty twenty five. And then
we have a liquor superstore out of Lincoln coming to Omaha.
The still fine Wine and Spirits Trenton will be in
(38:33):
Coventry two hundred and fourth and V Street. They're joined
in a crowded lineup because just within the last year
to liquor superstore concepts from other places have entered the market.
Total wine and macadodles, there'll be more, not to mention wine,
beer and spirits otherwise known as booz r us and business.
Also Wall to Wall has a couple spots in the
(38:54):
market as well. Crunch Fitness will open a new Maplewood
location twenty six to fifty North ninetieth Street in the
former Family Fair space forty thousand square feet. I'll be
opening in the spring of twenty twenty five. All Right,
some bad news, We've got some closings. Modern Love in
Midtown Crossing was going to close next summer. They moved
(39:14):
it up to December twenty ninth, which which Superior Sandwiches
closed its final location in the market at three oh
seven Nor one hundred and fourteenth And finally, the Steve
Madden store at Nebraska Crossing closed Yesterdayay, sorry to leave
you on a negative note, but we left you on
a negative note.
Speaker 2 (39:33):
Hope you have a great weekend though I'm Jeff Beils
and I'm Trenton Maggott. You've been listening to Grow Omaha,
brought to you by Dingman's Collision Center, Chair Athletics and
Perkins Chritzer Construction. We'll chat with you next week at
nine right here on news Radio eleven ten kfab
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