This sounds awesome! Bluestone is converting an empty space into a $15 million 149 unit apartment building. It is the large white building on Park Ave and Dewey. The video at the link has an awesome rendering.
The city said between 800 and 1,000 apartments are under development in Midtown and downtown Omaha. Among them, a $15 million project for Bluestone Development.
Owner Christian Christiansen said he looked for two years for the right property and found it at 501 Park Ave., which used to be a hospital.
Christiansen said construction for the 149 apartments is set to begin this year and will open in 2015.
iamjacobm wrote:This sounds awesome! Bluestone is converting an empty space into a $15 million 149 unit apartment building. It is the large white building on Park Ave and Dewey. The video at the link has an awesome rendering.
The city said between 800 and 1,000 apartments are under development in Midtown and downtown Omaha. Among them, a $15 million project for Bluestone Development.
Owner Christian Christiansen said he looked for two years for the right property and found it at 501 Park Ave., which used to be a hospital.
Christiansen said construction for the 149 apartments is set to begin this year and will open in 2015.
Sorry, this evening my reading comprehension is slow... are they keeping the white building, or demolishing it for a new building that will have 149 units?
EastCB wrote:Great. In the seventies( this shows my age) I lived on Park ave. I believe this was
Doctors Hospital then. Good to see this happening.
When it was a health club, it was said that the pool was haunted by the ghost of an alcoholic surgeon who killed his son in a botched appendectomy. Â He then drowned himself by tying weights to himself and walking into the pool and wading deeper and deeper till he drowned. Â When you swam in the far right hand lane, you heard a sound that sounded like a groan when you swam over the slope as the pool transitioned from the deep zone to the shallow zone. Â I heard this at least three times. Â First dismissing this as water in my ear, then as a noisy pipe. Â I told the manager and he told me the story. Â Probably BS, but it was a low pecking order hospital, where a lot of docs worked after getting kicked off the staffs of other hospitals.
iamjacobm wrote:I read it as a rehab with a facade upgrade.
Gotcha. With the talk about the "open space" and then mentioning the building as well.. I just didn't know.
Thanks!
I read it wrong. Â TIF request in the agenda says they building will get torn down and replaced with a 4 floor 149 unit apartment building. Â It will have 87 underground parking spaces, 45 on a surface lot and 44 on street stalls.
iamjacobm wrote:I read it as a rehab with a facade upgrade.
Gotcha. With the talk about the "open space" and then mentioning the building as well.. I just didn't know.
Thanks!
I read it wrong. TIF request in the agenda says they building will get torn down and replaced with a 4 floor 149 unit apartment building. It will have 87 underground parking spaces, 45 on a surface lot and 44 on street stalls.
Ah, sounds good, thanks for the update! I was finally able to watch the video attached to the story and it looked like an entirely new building, but I figured it was just rehab work. A new building will be good, though.
I lived in this building for 1 year during the early 80's but had to move because I couldn't afford the heating bills. Â Rent was $400.00 per month and included health club membership. Â At the time this was a very upscale health club, pool, bar, nice racquetball courts..etc.
Interesting mix of apartment styles for this project. Â 109 studios, 20 1 bedroom and 20 2 bedroom units. Â Really hitting the young single demographic pretty hard.
"Redevelopment Project Plan located at 501 Park Avenue providing for the demolition of an under-utilized 3-story apartment building and the construction of a new 4-story apartment building comprised of 149 market-rate apartment units with an 87-stall underground parking garage, 45 stalls on-site, and 44 additional adjacent street parking stalls"
Demolition begins this month on a three-story, painted brick building at Park and Dewey Avenues in Omaha, making way for Spaces Apartments, a new $15 million complex that the developer says will include “geeky cool” amenities such as a bicycle workbench.
About $2 million of the Bluestone Development project will be funded by tax-increment financing, or the use of property taxes generated by the development for related public infrastructure.
The project will feature 154 apartments, traditional amenities such as a pool, a small basketball court, a gym and a lounge area as well as some less traditional ones: a game room featuring vintage arcade games, bicycle storage lockers on each floor and the communal workbench, a bocci ball court, an outdoor fire pit and a pet grooming room.
Sounds like a good option for the city. A huge addition for Park Ave as well. Â Pretty subdued design, but that is probably to be expected.
I also found this quote interesting, I hope so much they put something like this in North Downtown eventually.
Christensen said this project would be “the prototype” for Bluestone's buildings going forward.
Deep down I really wish all these developers, like Nustyle, Bluestone, etc would work together on developing North Downtown around the CLink. They do such a wonderful job with these apartments, both creating and rehabbing. Absolutely love it.
Demolition begins this month on a three-story, painted brick building at Park and Dewey Avenues in Omaha, making way for Spaces Apartments, a new $15 million complex that the developer says will include “geeky cool” amenities such as a bicycle workbench.
About $2 million of the Bluestone Development project will be funded by tax-increment financing, or the use of property taxes generated by the development for related public infrastructure.
The project will feature 154 apartments, traditional amenities such as a pool, a small basketball court, a gym and a lounge area as well as some less traditional ones: a game room featuring vintage arcade games, bicycle storage lockers on each floor and the communal workbench, a bocci ball court, an outdoor fire pit and a pet grooming room.
MadMartin8 wrote:Deep down I really wish all these developers, like Nustyle, Bluestone, etc would work together on developing North Downtown around the CLink. They do such a wonderful job with these apartments, both creating and rehabbing. Absolutely love it.
NuStyle and Bluestone have actually already invested in North Downtown buildings. Â The biggest ones holding the cards right now are New Street(which isn't going to build anytime soon), Shamrock(who knows), the city(not likely) and Creighton(good growth, but have some huge vacant land holdings).
I think this is a bit moment for midtown and especially the Park Ave corridor. Â Just having a development of this caliber with a Park Ave address is going to keep up the momentum of changing perceptions of that area.
Clearly they are not yet awaiting anybody's stuff. There isn't a building yet.
I really don't like when a marketing team gets too literal with the image they're trying to give something. Don't put "Geeky cool" on your sign. Let people figure that out for themselves.
"Video game violence is not a new problem. Who could forget in the wake of SimCity how children everywhere took up urban planning." - Stephen Colbert
Its just branding. Â I don't see how calling your space "Geeky Cool" is any different than calling your space "Luxury" just obviously going after a different demographic.
As for the project the building might pop really quick now. Â Lots of lumber is on site, those wood built buildings always go up quickly.
