downtown development

While downtown Omaha has long been a popular gathering place for business, residents and tourists alike, the current pace of development is remarkable. More than $2 billion in development projects has revitalized the area, making it one of the most vibrant economic centers in the Midwest. With catalytic projects such as the Union Pacific Corporation Headquarters, the First National Bank Tower and the Omaha World-Herald Freedom Center, downtown Omaha is truly a premier business location. Home to two Fortune 500 companies, four million square feet of building space, and numerous successful businesses in a variety of industries, more than 37,000 people choose to work in downtown Omaha.

But it’s not just office space. Downtown Omaha is also a premier arts and entertainment district featuring the Qwest Center Omaha arena and convention center, the Holland Performing Arts Center and the historic Old Market's one-of-a-kind shops and restaurants. An upsurge in the housing market has resulted in more than 1,500 apartment units in the downtown area and 1,300 condominium units completed or under construction. These developments in the economic, housing, retail, arts and entertainment markets, as well as the Riverfront renaissance, are key assets in recruiting and retaining a young, dynamic workforce.