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, Well.
Speaker 2 (00:15):
Good morning and welcome to the show. Jeff Beils here
at your service. Thank you for joining us. We are
brought to you by Dingman's Collision Center with four metro
area locations along with Cheer Athletics, the nation's number one
all star Cheer Jim. You won't find another show in
the metro area that talks about what we discuss, and
that is business expansion, real estate, construction, economic development, really
(00:37):
anything related to Omaha becoming bigger.
Speaker 3 (00:40):
More vibrant, and more prosperous.
Speaker 2 (00:43):
Now, without any further ado, it's a moment that two
or three of you have been waiting for the introduction
of my co host, a man who is a legendary
real estate deal maker from nai NP Dodge Commercial Real Estate,
Trenton Bradley Maggot.
Speaker 3 (00:59):
Thanks, Jeff, I think good morning ladies and gentlemen.
Speaker 2 (01:02):
Well, good morning Trenton, and we've got a lot of
news to talk about. And first thing before we get
to the news news is we have a grow Omaha
Eats restaurant review every two weeks. Chris Corey writes one
of our grow Omaha Eats restaurant reviews in which he
gives a thorough examination to one of Omaha's fine eating
and drinking establishments. And these reviews are always brought to
(01:23):
you by All Makes, the outstanding legendary office furniture and
technology store at twenty fifth in Farnham in downtown Omaha.
All Makes has been making Omaha a better place to
work for decades and decades. They also have locations in Lincoln,
Des Moine, Iowa, a few other places at any rate.
This week we went through Burdock and Bidders. This is
(01:46):
in the Marriott Hotel and the review is very positive,
just so you know, Chris really liked it. But one
of the angles this review takes is you wouldn't necessarily
think of going to Burdock and Bitters because it's in
the Marriott Trent and I've actually been there for a
couple breakfast meetings over the years and I thought, oh,
(02:06):
that's a very good breakfast, but you wouldn't think of
going there. I thought it was just a hotel place now.
It actually is a very impressive dinner locale restaurants in hotel.
Good restaurants and hotels kind of get the short end
of it because people just don't think about going to
the hotels. But there's been some good restaurants and sometimes
they have their own separate entrances and stuff that kind
of helps. But it's good though that people should try
(02:29):
those and has nothing to do with whether they're in
a hotel or not. And nicely about Chris Corey's reviews
is that he's so thorough he uses utensils and everything. Well,
that's recommended, and my guess is Burdock and Bidders would
prefer all the patrons to use utensils unless they're ordering
finger food. You can read about Burdock and Bitters and
(02:50):
all of Chris Cory's Gromaha Eats restaurant reviews simply by
going to groamha dot com when you get their click
on reviews on the navigation bar and they'll be right there.
Speaker 3 (02:59):
We our movie reviews on there as well.
Speaker 2 (03:02):
It's time for our News of the week, and that
is brought to you by Eagle Mortgage. Eagle Mortgage is
under the steady leadership of Holly Schneidewent. She's got a
team of mortgage brokers and support staff that do an
outstanding job of helping you finance your house. I mean,
it's a big deal, right for most people, the biggest
thing you ever buy is a house and it is
(03:23):
the American dream. So if you're thinking about buying a
new house, one of your very first steps should be
to talk to Eagle Mortgage. They're located at one hundred
and fourteenth in Davenport. You can find them online at
Egle Mortgage Company dot com. Doesn't matter whether you're going
to go conventional loan FHAVA some of the specialty loans
Eagle Mortgage can help you with that.
Speaker 3 (03:44):
It's the season, it really is.
Speaker 2 (03:46):
I mean, it's just amazing how much home buying happens
this time of year. And there are still some circumstances
that we're hearing where people will find themselves in a
competitive situation with a house they're in her in. And
if you've got to pre approval letter from Eagle Mortgage,
you really got yourself in.
Speaker 4 (04:04):
A great place to start because they also help educate
you on what to look for and you're gonna be
ready for the market.
Speaker 2 (04:11):
Well, the latest Fortune five hundred list came out earlier
this week and Omaha still is very well represented. Of course,
the Fortune five hundred as a listing of the five
hundred biggest US based companies based on gross revenue, so
the twenty twenty five list is looking at twenty twenty
four revenue. We had four Omaha companies make the Fortune
(04:33):
five hundred, the same four as last year. They are
number six in the nation Berkshire Hathaway Warren Buffett's company
gross revenue of three hundred and seventy one billion dollars yauser.
Checking in next at number one seventy seven is Union
Pacific twenty four point three billion. Keywit is the two
(04:54):
hundred and forty seventh largest corporation in America with just
under seventeen billion dollars and the two hundred and ninety
ninth largest corporation in America with fourteen point six billion dollars.
Mutual of Omaha, Trent And we had three additional companies
make the Fortune one thousand, Valmont, First National Bank and
(05:14):
Werner Enterprises. Now, as we like to do every year
when this list comes out, we want to analyze how
does Omaha compare with others. Well, first, of all, those
eight Fortune one thousand companies in Omaha the only ones
in the entire state. In Nebraska, Iowa only had two
principal financial in Des Moines and Cases, the convenience store
(05:35):
chain and Anchony.
Speaker 3 (05:36):
In the five hundred one thousand that's in the both.
Speaker 2 (05:40):
Yeah, they only had two in the whole one thousand,
but both of those happen to be in the five hundred.
Wyoming and South Dakota border states have zero. Of all
the border states, Kansas only has four, Missouri nineteen. In
Colorado has twenty four Fortune one thousand companies. Well, First
National Bank, I mean they're a private company. Think about
that for a second. Well, yeah, there's several private companies
on Fortune five hundred, like Cargill is legendary for being
(06:03):
a huge privately owned one.
Speaker 3 (06:06):
Yeah, But to kind of.
Speaker 2 (06:08):
Give you an idea, so Berkshire Hathway, you know, number six,
biggest company in the entire United States with three hundred
and seventy one billion dollars. Number one is Walmart, Okay,
and you think, okay, Berkshire number six, three hundred and
seventy one billion. Warren Buffett legendary Walmart made three hundred
(06:30):
and ten billion dollars more than Berkshire Hathway, so the
drop from number one to number six is three hundred
and ten billion dollars.
Speaker 3 (06:39):
Well, and Walmart is just an amazing story.
Speaker 4 (06:42):
But Berksher Hathway being diversified in all kinds of different companies,
it definitely puts Omaha on the map in Nebraska.
Speaker 3 (06:50):
He's wonderful for our community.
Speaker 2 (06:52):
We have a full blown article on the Fortune five
hundred and Fortune one thousand companies in Omaha with a
lot of analysis on growha dot com. When you get
to the navigation bar, just click on news, drop down,
hit stories and you've got it. A couple of construction
things to be aware of. The frame is a five story,
forty four million dollar multifamily apartment building with ten thousand
(07:16):
square feet of retail on the ground level. It is
under construction and millwork commons north downtown, just west of
the Ashton Building. That building is now up to the
second floor with its framing. Should the framing should go
pretty fast now that you get up above the concrete level.
Speaker 3 (07:34):
So one.
Speaker 4 (07:37):
Figure you liked the quote is when what was it
like in nineteen eighty one or something when they built
all of.
Speaker 3 (07:44):
All of the kind Agress campus.
Speaker 2 (07:46):
Probably right about I think nineteen eighty eight, eighty nine,
it was sixty million dollars six so one apartment complex
and Miller Commons building, Yeah, is forty four million dollars.
Speaker 3 (07:58):
Yeah.
Speaker 2 (07:59):
One one building that's five stories and Miller Commons is
is more than two thirds of what the entire Connagra
campus cost when they constructed it. Wow, your history lesson today.
Speaker 3 (08:10):
Hey.
Speaker 2 (08:11):
Clarkson College held a groundbreaking ceremony this past week for
a ten million dollar construction project that will include a
new welcome center, skywalk connecting the two existing buildings, and
a large outdoor digital video board.
Speaker 3 (08:25):
Real cool stuff.
Speaker 2 (08:26):
You're going to see a lot of activity in that
whole area because the med Center is right there, and
there was just a thing before the planning board where
the med Center, Nebraska Medicine more specifically wants to build
a four story clinical building on the southeast corner of
forty second and Farnham. Clark's and Regional Health Services and
(08:49):
the Nebraska Medicine are kind of at odds on that. Do
they call it the mug handle or something, the jug handle? Yeah,
this would be just east of the Jug Handle. But
part of this would means the jug handles going away,
and it's not going to be needed because they're reconfiguring
those streets there. But the street car is going to
go through there. So you're going to see a lot
of activity in that Clarkson, you and them see Nebraska
(09:10):
Medicine Area, not the least of the activity projects. We
are in the very early stages of the two point
two billion dollars.
Speaker 4 (09:18):
High spital I think the naysayer is going to be
pleasantly surprised, whether admit it or not.
Speaker 3 (09:22):
There's gonna be a lot of people riding that streetcar.
Speaker 2 (09:27):
Oh gosh, Yeah, that thing will be a big hit.
And you know, frankly, from a grow Omaha perspective, Trenton,
even more important than the ridership is the amount of
collateral wealth and real estate development and business activity that
it will create. And it'll be, mark my words, a lot.
We keep hearing rumblings of a lot of projects from
(09:50):
small to medium to huge that are planned or being
contemplated along the streetcar route. You ain't seen nothing yet,
ladies and gentlemen. Well, we also want to talk about
a cool little project that also is a quality of
life deal. The City of Omaha is improving two parks
(10:12):
south of downtown Omaha. The city recently completed the Carlentini
Plaza at Dolman Park in the Italy Neighborhood. The plaza
is named after Omaha's sister city in Italy and commemorates
our own little Italy neighborhood. And additionally, this week, the
city Council approved a two hundred and sixty five thousand
dollars contract to demolish and rebuild the park's playground, basketball court,
(10:36):
and sand volleyball court. Then the other one is Lynch
Park near twentieth In Center. It's undergoing a two and
a half million dollar renovation. Part of that project included
a skate park, which opened Memorial Day weekend.
Speaker 4 (10:48):
Did you see the Benson Little League is getting a
four million dollar plus facelift from Sherwood Foundation.
Speaker 3 (10:54):
Oh, that's pretty cool.
Speaker 4 (10:55):
That's pretty neat. And then you got a thirteen million
dollar ground at Lords and Gardens. That's pretty impressive.
Speaker 2 (11:03):
Yeah, the Sofia's playground very very impressive. And we've had
a couple of people say, geez, thirteen million dollars seems
a lot for a playground.
Speaker 3 (11:12):
It is.
Speaker 2 (11:13):
This is not your average playground. Yeah, we have some
photos of that on the Gromaha facebook page, and you
would not believe what this is like. This is not
your average playground. That's very press free.
Speaker 4 (11:27):
But I mean you'd think that that would bring a
lot of people and take up a lot of parking.
Speaker 3 (11:30):
Well, I think you have to pay to get in
the lords and gardens within the is it within the park?
I mean, I guess, I don't know.
Speaker 2 (11:36):
We think, okay, we think it is inside the lords
and parks, so so not free. But that thing was
privately funded. Like so many of these awesome attractions we
have in Omaha, they are so often either completely or
largely privately funded.
Speaker 3 (11:53):
That's another example.
Speaker 4 (11:54):
Yeah, and people don't realize there's a lot of free
opportunities at omahas And one of the nicest is is
John An Art Museum with their expanded.
Speaker 3 (12:03):
Wing.
Speaker 4 (12:04):
Just amazing. I just got back from Washington, d C.
For the weekend, and going into all these federal museums
are just amazing.
Speaker 3 (12:12):
Yeah.
Speaker 2 (12:12):
Speaking of Joslyn, I've been in that new part twice
now and it's just shockingly awesome. You know, and of
course the historic part of the museum is as good
as it ever is. Hey, one last story we want
to hit you with, and it's literally based on a
story I said earlier. We had that fortune five hundred
company in Omaha story on gromaha dot com. We've got
another one that just dropped last night or no, this
(12:35):
one just dropped, yeah, yeah, maybe two nights ago. It
says how important is Omaha among the world's major cities. Well,
Trent and I would say.
Speaker 3 (12:45):
It's very important. It's our favorite one. It's where we live.
Speaker 2 (12:47):
But according to a thing called the Global City Importance Model,
which is fascinating study, Omaha is the fifty fourth most
important city in North America and the forty ninth most
important city in the United States. And most of this
is you know that generally its corresponds to the size
(13:08):
of the city, so your size ranking is not too
far off from your importance ranking. But not in every case,
because the author of this study looked very closely into
four dimensions, a lot of data points, but basically it
comes down to economic, political, cultural, and demographic issues to
determine the most important cities in the world. And in
(13:29):
all the regions, it goes through the entire world. In fact,
the five most important cities in the world are New York, Washington, Beijing, London,
and Tokyo. That does not surprise me. We heard Los
Angeles is on there would Well, you got to realize
Los Angeles, because of its entertainment and cultural impact, drives
a great deal of the way the world thinks because
(13:51):
it has so much.
Speaker 3 (13:52):
Do you think it was in the top tend Do
you remember? What do you mean?
Speaker 2 (13:55):
I just said it was in the top five. Oh,
I ad miss that. Yeah, I just said that. That's why. Yeah,
remember I said New York, Washington, Beijing, London, and Tokyo.
And then we got to Los Angeles at number eight. Okay, No,
I actually didn't say. It was just messing with you,
but it is in that it is number eight. Yeah, okay.
So how does some compare number forty nine in America
(14:18):
and number fifty four in North America? How does it
compare to some other cities around here? Minneapolis's seventeenth, Denver
is nineteenth. Saint Louis is the twenty fifth most important
city in North America, Kansas City is thirty six, Omaha
fifty four, but then right after us Tulsa Des Moines, Iowa,
Colorado Springs, Madison, Wisconsin, Lincoln number eighty eight, and get
(14:39):
a load of this. Lincoln is right ahead of Wichita
by ten spots. And Lincoln is a lot smaller than
which Tak'll take it, So Lincoln is kicking Wichita's but
even though Wichita has probably like a couple hundred thousand
more people. All right, that is your news of the week,
brought to you by Eagle Mortgage, and we are going
to We're going to get back right into it when
(15:01):
we come back. We're going to talk about commercial real
estate stuff, specifically the retail and office markets. Our guest
will be Mary Percell. She is one of our colleagues
at nai NP Dodge, So stay with us. Mary's discussion
is coming up next. You're listening to Grow Omaha, brought
to you by Dingman's Collision Center along with Cheer Athletics
on News Radio eleven ten KFAB and welcome back to
(15:23):
the show, Jeff Beale sitting next to Trenton Maggnet. We're
brought to you by Dingman's Collision Center along with Cheer Athletics,
located near Highways fifty and three seventy in Papillion. Well,
we'd like to talk real estate every once in a while,
and Trent and I have brought in one of our
colleagues from NAI NP Dodge.
Speaker 3 (15:42):
Her name is.
Speaker 2 (15:42):
Mary Purcell, one of our brokers who, like a lot
of our brokers, will will help you with any type
of commercial real estate, but she has a specialization area
loves working with retail and office. Mary, first of all,
welcome to the show.
Speaker 3 (15:54):
Thank you, good to be here, Good to have you
with us.
Speaker 2 (15:57):
And you are still really relatively new with NAI and
P Dodge. You started with us around Christmas time, but
you've been in the business for several years now.
Speaker 1 (16:08):
Yes.
Speaker 5 (16:08):
Yeah, I had the privilege of starting right when COVID hit,
So that was when I that's true in it it
was an interesting time, but you could.
Speaker 3 (16:20):
Say that again. Wow, a little easier now, a little
bit easier now.
Speaker 2 (16:23):
Well Mary, let's uh, let's get into a little bit
of nerdy real estate talk and uh, well we'll kind
of hit the office market first. You know, a lot
of our our listeners, you know, love looking at you know,
the cool buildings and driving around and you know there
are not too many buildings in the world that are
nicer than a class A office building, but so people,
(16:45):
whether they work in one or not, are typically interested
in it. Kind of give us your opinions about where
the office market is these days.
Speaker 5 (16:53):
Yeah, you know, everybody kind of saw the fall of
office with COVID, but we're seeing some regrowth, which is great.
Speaker 3 (17:01):
The growth that we've.
Speaker 5 (17:02):
Been looking for. It seems like it's hitting this year.
We're starting to see numbers that we saw back in
twenty nineteen. And here in Omaha, education and health services
have kind of held study and they in the last
year we've seen four thousand new jobs in the Omaha area,
almost four thousand new jobs alone in the last year
in education health services alone. So we're lucky there and
(17:24):
that we have certain industries that are really keeping us alive.
But overall nationally, we're also seeing an increase that we
have been waiting.
Speaker 3 (17:31):
For a good point.
Speaker 4 (17:33):
And when Jeff says there's nothing like a great class
A office building, I would say it's a lot better
if it's full, especially if you own it, Yeah, exactly,
and the rents coming in and so one of the
things we talked about in the office market is shadow
space at least. That's what I call it, and a
lot of people call it that, and that is office
(17:54):
buildings that are least, but people don't have to show
up for work.
Speaker 3 (17:59):
They're working from home things like that.
Speaker 4 (18:00):
So the landlord might be getting rent, but they're concerned
about will that tenant renew, will the tenant stay, or
they're going to sublease or whatever. And are you seeing
more employees being called back to work in these buildings.
Speaker 5 (18:15):
Yes, yeah, we are seeing more people coming back to work.
I think there's a little bit of restlessness as well,
so people are kind of ready to get back to
the office. I think for a little while, you know,
it's cozy being at home, being able to have a
little more flexibility. But we're getting back into gear and
we're seeing the buildings fell back up and people show
back up.
Speaker 4 (18:33):
Jeff, do you remember when when COVID first started and
everybody's like working from home and people are trying to
tell us that product code productivity increases when they don't
have their cuban maates and the distractions of people in
the office, and I'm like, there's no way that's going
to last.
Speaker 3 (18:49):
Yeah.
Speaker 2 (18:49):
I always felt that for some people that was probably
the case, but in general, no way, because you have to.
You have to spend some time in most jobs with
colleagues face to face, Like, how how do you orient
a twenty two year old recent college grad to your
company culture and mentor him or her if their only
(19:12):
experience with the company is through a zoom screen while
they're sitting in their apartment or their childhood bedroom.
Speaker 3 (19:18):
You know, it just doesn't work.
Speaker 5 (19:20):
Yeah, that's so true. And you know that you are
seeing a lot more depression post COVID too, and we're
seeing a ton of counseling services going into these office spaces.
You can't help but wonder if that's kind of because
we've isolated ourselves, and I think people are growing a
little sick of that and ready to be back around
each other.
Speaker 3 (19:35):
Yeah, I think hybrid is here.
Speaker 2 (19:37):
I think I think hybrid is basically the compromise that
the business world has made with its employees. Because you
have a lot of employees that don't want to go
to the office, and if they're honest or not, I'd
rather work from home. Then you have a lot of
employees a smaller number that want to be there totally.
But it seems like there's this magic thing in the
middle where people are like, I can handle going into
(19:57):
the office and fight traffic two or three days a week.
Speaker 3 (20:00):
Yeah, and the company is like, well, it's better than nothing.
Speaker 4 (20:02):
But one thing people don't like, especially in upper management,
is sharing offices.
Speaker 3 (20:06):
Everybody likes their to.
Speaker 4 (20:08):
Be able to close their door and have their windows
and everything else, and that makes it pretty hard on
efficiencies when an employee is a good employee, but they're like, well,
I'll come in two or three times a week, but
I don't want anybody touching my stuff when I'm not there,
and so.
Speaker 3 (20:22):
That hurts efficiency.
Speaker 4 (20:23):
And now it might be good for filling office buildings
and things like that, but the models have to be
totally changed.
Speaker 3 (20:30):
When people are looking.
Speaker 5 (20:31):
At office yeah, and you know, you see these places
where they have kind of these workspaces that don't belong
to anyone and people coming in and out, and I
think that's shifting as well. I think we tried that
people like having their own spaces.
Speaker 2 (20:44):
Mary, let's spend a couple of minutes talking about your
other specialty and commercial real estate, and that is retail,
something that Trent and I also spend a lot of
time talking about. Give us your thoughts on the state
of the retail market in town right now.
Speaker 5 (20:58):
Well, Omaha is a lot more resilient than a lot
of other markets, and so even through COVID, we saw
a little bit more stability, and our vacancy rate is
actually much lower than the national vacancy rates. It's three
point two percent here, the national average is four point
eight And I understand people are seeing places closed, but
I think they also need to pay attention to the
number of places we see open.
Speaker 4 (21:20):
Agree, and we people here like to eat out. We're
very foody town. People have a hard time believing that,
but and people like to shop local too.
Speaker 3 (21:31):
You know.
Speaker 2 (21:32):
I think if you would have said to any of
the three of us in twenty twenty when the pandemic
was going crazy, and then in twenty twenty one, when
e commerce was blowing up, that in twenty twenty five
the retail vacancy rate would be three point two percent,
we would say you're insane or extremely naive, one of
(21:54):
the two.
Speaker 3 (21:54):
But look at it.
Speaker 2 (21:55):
You know, retail is probably the ultimate resilient factor or
segment of real estate. It's so adaptable.
Speaker 4 (22:03):
Well, you're seeing there are still Amazon warehouses. I think
there's one in Omaha, but there are across the country.
Now they can afford it, but where they built them,
but they're still vacant. They thought that COVID was gonna
last forever, or those upticks were going to last forever.
Speaker 3 (22:18):
And people wanted to get out and they wanted a shop.
Speaker 5 (22:21):
Yeah, you know what's cool is that Omaha is starting
to see those national retailers wanting to come here. We
got the North Sterne Wrack, We're getting the Ruse Chris,
you know, all these things that are pretty neat coming
to Omaha.
Speaker 2 (22:33):
Well, now that the Metro is officially over a million,
you enter the possibility of some national brands that would
kind of cross us off the list. Mary, before we
wrap up, I want to kind of give you a
chance to give us a big picture view of the
real estate market in Omaha. When you, as a commercial
(22:55):
real estate professional look forward to the future. Why are
you a decited to be in commercial real estate in
this town at this time and why do you think
the market is is good in the future in this town.
Speaker 3 (23:07):
Besides working with me.
Speaker 5 (23:08):
And Jeff, Yeah, that is that is a huge perk.
I am very lucky to be where I am at
an aimp Dodge, but also in Omaha, Nebraska. I mean,
we are exploding here and by twenty fifty. Just in
the newspaper the other day they said our population is
expected to increase by thirty six percent here, which is huge.
And while you know, we're kind of running out of space,
we have plenty of room upwards to grow. So there's
(23:30):
going to be a lot of opportunity. And I love
watching people's dreams come true and I love being there
to help them with that.
Speaker 3 (23:35):
So I can't wait.
Speaker 4 (23:36):
So that makes Omaha metropolitan area, which is just over
a million people, that makes it one point three to
one point four million people. Just imagine that. And in
tenty five years, that's kind of my comfort level. Jeff,
And I think you said it's the same thing, you know,
not tomorrow, but over the next couple decades.
Speaker 3 (23:54):
Yeah.
Speaker 2 (23:55):
I've always I've always said that a great a great
market size for doing what we do is right about
that size. And so Trenton, when we're retired in twenty
five years, it'll be there.
Speaker 3 (24:09):
Yeah, the last year of the show, Mary will still
be our last show. The last year of the show
will be called something like you know, stop Omaha Plateau Omaha.
Speaker 2 (24:19):
Yeah Yeah, Mary Purcell, thanks for joining us. Appreciate you
giving us your real estate insights today and we love
working with.
Speaker 3 (24:25):
You at MP DODG having you guys.
Speaker 2 (24:27):
All right, our colleague Mary Purcell from an AIMP Dodge
broker specializing in retail and office. We're going to take
our middle of the show break and that means the
news and when we come back, we'll have your no
Ale companies commercial real estate development spotlight and we're also
going to talk to you a little bit about the
possibility of a public market on the downtown riverfront.
Speaker 3 (24:47):
Stay with us.
Speaker 2 (24:48):
You're listening to Grow Omaha, brought to you by Dingman's
Collision Center and Chair Athletics on News Radio eleven ten
kfab and welcome back to the show. Jeff Beals and
Trenton Maggot are here with you. The show's brought to
you you buy Dingman's Collision Center, which has four Metro
area locations and is the premier auto body shop in
the entire world, along with Cheer Athletics, which is the
(25:11):
nation's number one all star chare gym fifteen locations worldwide.
One of them, the most important one is located right
here in Papilion Highways fifty and three seventy. All right,
it's time for your NOL Companies Commercial real Estate Spotlight
of the week. This is when we talk about something
happening in or around one of the not All companies
(25:35):
many developments in town and there are many you know.
Not A Companies is famous for ex urban village builders,
district downtown, so many headquarters buildings like HDR and Valmont's
world headquarters. But they also do things all over the world. Well,
today we're going to talk about the NODL Companies world
(25:56):
famous six Urban Village and that is where Godega Market
opened its second location late last week. Godega Market is
a locally owned coffee shop and convenience store. Upscale though
kind of trendy, urbane, really really neat stuff. It now
occupies the former Zoop space. Soop waszup that was the
Sandwich and sup place. Anyway, Godega Market now in the
(26:20):
Zoop space that is in the ground floor of HDRS
Global Headquarters. The exact address is nineteen seventeen South sixty
seventh Street, and Godega Market's original location is in the
Old Market right on the northeast corner of Eleventh and Howard.
So tomorrow Sunday morning, Xarbon Village has its awesome farmers market.
(26:41):
Maybe while you're at the farmer's market, stopping and see
the Godega market.
Speaker 4 (26:45):
I don't know if they've announced you, but there's something
great coming to where Jones Brothers was.
Speaker 3 (26:49):
Yeah.
Speaker 2 (26:49):
I am very excited for that to happen. And I'm
pretty sure we don't have permission to say that named
after one of my favorite movies, but I will tell
you this. I will tell you this. When Companies says
we're going to go find a cool tenant for one
of the premier spaces in Xarbon Village, you have reason
to be excited, absolutely, and I cannot wait till we
(27:09):
get to tell you what that is in a future
episode of grow Omaha. That's your not All Companies Commercial
real Estate Development spotlight of the Week. You can find
out more about our sponsor by going to Noelcompanies dot com. Well,
ladies and gentlemen, I'm really excited about what we are
going to talk about next, and that is public markets.
(27:30):
I am a little bit about me A huge fan
of public markets. I love public markets. Whenever I go
to a big city, I go to the public market.
Find As these are gatherings of locally owned businesses. They
tend to have a heavy food focus. Usually there is
a little bit of a farmer's market component with fresh produce,
(27:53):
fresh flowers, things like that.
Speaker 3 (27:55):
Fish markets, Yeah, there's usually a seafood thing.
Speaker 2 (27:58):
Then they also have several restaurants with prepared food, little
places almost kind of like it. Think of a public
market as like an indoor, year round farmers market, but
with a fair amount of prepared, ready to eat food.
But they have craft stores, arts stores and all that.
I love public markets and some of my favorite ones
in the country. My Numero uno is the Reading Public
(28:20):
Market in Philadelphia. I love Pike Place in Seattle. I
love the Milwaukee one. There's a pretty darn good one
real close to Omaha in Kansas City, on the north
side of their downtown. At any rate, Heritage Omaha and
the Project for Public Spaces have teamed up together and
are studying the potential for a year round public market
(28:44):
at the riverfront. This would be like an indoor, year
round farmers market, if you will, but we call them
public markets. The survey is that they're trying to get
this information from Omahan's and there's one part of the
survey if you're a general member of the public, and
a second one and if you are a potential vendor
if you would like to have a potential space in
this Either way, if you're a customer or a would
(29:06):
be vendor, go and take the survey. It's called Omaha
Riverfront Market dot org, dot com org Omaha Riverfront Market
dot org. Go there and they want to get your
opinion about what this would be like. This is Heritage, guys.
This is the group that is behind some of the biggest,
most cool projects we have in town. So this is
a serious possibility.
Speaker 4 (29:27):
And that's a lot of stakeholders at Heritage Omaha and
if they want something done, they'll get it done. Every
major project from the new library, thirty second Dodge to
the Riverfront Park everything you can imagine that there's a
public private partnership they're generally involved with.
Speaker 2 (29:48):
Yes, So get on there and take that survey and
then dream about what life might be like. If Omaha
has a very cool public market on the riverfront a
lot the street car, it could be pretty darn cool.
Speaker 4 (30:03):
The other thing would be cool too, is because everything
downtown really needs to be vertical, given the limited on
the Moudel land, and there are some green spaces there
on the riverfront. And if they built something vertical with
either apartments or condos or mixed use entertainment above or whatever,
and then had a.
Speaker 3 (30:21):
Great view of either the river or the lake, that'd
be awesome.
Speaker 2 (30:26):
I sure hope that is is a part of it
as well. That would be pretty darn impressive. Well, I
got to tell you, Trent. You said you were in
DC last weekend, right, you happened to notice the middle
part of the Eppley Airfield Terminal building.
Speaker 3 (30:41):
It's amazing it's gone.
Speaker 2 (30:43):
Remember folks when they divided the terminal into two temporarily
back in well I think that was February or March,
and you had to know, you had to know whether
your airline was in the south or the north terminal.
And I'm telling you we went to yesterday and took
a picture. The middle part of the old terminal is history.
(31:05):
It has been torn down, it has been removed. There's
just a little rubble of concrete there and you think
to yourself, where are they doing that? Well, because they're
going to build a new central pavilion and there a
grand entrance and a security checkpoint. And if you go
to gromaha dot com and look at projects, there's a
photo of it and you can see from the parking
(31:26):
garage all the way to the new concourse that's being
built in the background.
Speaker 4 (31:29):
Big big changes they're kicking. But I dropped off Amy
at the airport this morning at but it was still
dark out and they were working.
Speaker 3 (31:38):
They're working even when it's dark. It's pretty impressive. Absolutely.
All right.
Speaker 2 (31:41):
We're going to take our final break of the hour,
and when we come back, it is going to be
time for your Perkins Chritzer Construction Lightning Around, in which
we talk about a lot of things very fast. I'm
looking at the list and there are a lot of
things on it. To stay with us. You're listening to
Gromha brought to you by Dingman's Collision Center, Cheer Athletics
and Perkins Chritser Construction on News Radio eleven ten kfab.
(32:04):
All righty, then it is your Perkins Chritzer Construction lightning
around a lot of things really fast. Thank you to
Perkins chrits Er Construction for making this possible. And you
know what, Perkins Chritzer Construction makes a lot of things possible,
namely buildings. They build a lot of them, They build
them really nice looking, and they work with clients on
budget and timing. They do such a fantastic job. If
(32:26):
you need a building, whether it's for personal reasons, investment reasons,
or for your business, go ahead and give a shout
out to Perkins Chritzer Construction. Dave Kreitzer runs the place.
We've really gotten to know Dave well over the years.
Such a good guy of integrity and just as important,
he knows what he's doing. Been in the business for
(32:48):
well north of three decades, as have so many of
his superintendent's, project managers, administrators and other members of the
team Perkins chrits Er Construction. You can find them online
at p dat se construction dot com. That's pdashcconstruction dot com. Well,
we've got four businesses that are committed to the under
(33:09):
construction development northeast of one hundred and eightieth and Maple.
The big building to the east side of the project
will be Ortho, Nebraska. Among the tenants on the west
part of the project again northeast corner of one hundred
and eightieth and Maple Smoothie King, La Vinci Nails, and
Cross Strain Brewery is going to.
Speaker 3 (33:26):
Have some sort of restrain. Is really growing.
Speaker 2 (33:30):
Sephora is getting close to opening at one Pacific Place.
Signage has been installed and looks like opening should be
pretty quick.
Speaker 3 (33:39):
All right.
Speaker 2 (33:39):
A few little food and beverage items for you to consider.
Coneflower Creamery is now open in Old Town. Elkhorn on
Main Street built a new building for it, and Coneflower
is famous for farm to cone ice cream.
Speaker 3 (33:53):
I've had it a few times. You know what's a
good one?
Speaker 4 (33:55):
Shoe is over at Pepper one hundred and fifty six
and Dodge is Betty Ray's.
Speaker 3 (34:00):
You had that.
Speaker 2 (34:00):
I have not tried it, but it's out of Kansas
City and that was their second location, the first one
by Xarbon Village. Mercy Tie opened a second Omaha restaurant
this week at seventy sixth then Dodge in the former
Loguanaca space. The original Mercy Tie is near ninety sixth
then el Street. Now, if some of you are saying, wait,
is that there a Mercy Tie in Council Bluffs, there
(34:22):
is in Riverfront Place. It's my understanding not affiliated. So
the two Omaha Mercy Ties are the same company. The
one in Counts Bluffs has different ownership. Okay, we've got
Chipotle Mexican Grill has officially opened in Southport East. This
is about one hundred and twenty second and Giles. They
(34:43):
are really close to an existing or previously existing Hampton
Inn and Amigos King's Classic. Do you know Chipotle now
has thirteen metroary locations.
Speaker 3 (34:52):
I believe it. They've been really popular.
Speaker 4 (34:53):
Some of them are a little bit smaller than the
other ones, but it's good product. They've got a honey
glaze chicken now that has a little spice to it.
It's pretty good.
Speaker 2 (35:02):
I like Chipotle, but if they would just decrease the
salt by about ninety two percent, I'd like it a
little bit better.
Speaker 3 (35:10):
That is the salt.
Speaker 2 (35:12):
This is the saltiest food I've ever had in my life.
Other than that, I love Chipotle.
Speaker 3 (35:16):
Wow.
Speaker 2 (35:16):
Godfather's Pizza plans to build a restaurant in the Coventry
neighborhood at the exact addresses two O four six two
R Street. But Coventry is this very large mixed use
development southwest of two hundred and fourth in Q.
Speaker 3 (35:31):
Hopefully keep the salt level down over.
Speaker 2 (35:33):
There, Godfather's salt. I have no problem with Chipotle. I'm
telling you, you know what. I one time it dawned
on me one day because a few years ago it
got salt here. So I googled salty Chipotle and there
was some worker that said the manager would came in
and they said, when you're growing the chicken, I wanted
to looked like there's snow on it. You put so
much salt. Wow, it's a lot of salt. Other than
(35:53):
that is great. Wheat Fields Express open for business this
week at one eight nine to Evans Street. That's based
one hundred and eighty ninth and Maple. They got an
end cap space with a drive through, so it's kind
of like the big wheat fields in one Pacific place,
but smaller with a drive through.
Speaker 4 (36:08):
A lot of talk is up there where you're talking
is Fleet Farm. We talked about it for years. They'd
looked at Omaha for several years, and now they own
two lots and they're not coming up one on West
Maple one one hundred ninety second and Highway three seventy.
Speaker 3 (36:21):
So we'll see what fills those big lots.
Speaker 2 (36:23):
Sprinkled Joy has opened at ninety eight twenty one Giles
Road in La Vista, locally owned custard shop and then
Summer Kitchen Cafe and Sterling Ridge is doubling in size
taking over the bay to the west.
Speaker 3 (36:35):
Work is underway.
Speaker 2 (36:37):
We also have Jersey Mike Subs opened this past week
in or this week in Westwood Plaza one hundred and
twenty third and Center. And then Sherwin Williams is adding
a paint store in Elkhorn. This would be on two
hundred and tenth Street, just a little bit north of Dodge,
kind of by that Union Bank and Trust Sports complex.
Speaker 3 (36:57):
I really like the salt content of Pickleman's.
Speaker 2 (37:00):
Mercer is the owner of La Bouvett Wine and Grocery
in the Old Market. She has closed Bouvet delic Tessen.
This was a separate bay, but a related business next
door La Bouvette staying open. In fact, La Bouvett is
taking over the former delic Testan space and integrating it
into Littah and maybe special events or something like that.
(37:23):
So anyway, last thing the music's playing, but get Real
Sandwiches closing June eighth in the Blackstone District on Farm Street,
All right, that's it for this week.
Speaker 3 (37:32):
I'm Jeff Beils and I'm Trenton Maggott.
Speaker 2 (37:34):
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 o'clock right here
on Nebraska's superstation, The Torch News Radio eleven ten KFAB