Omaha New Construction & Proposed Multifamily Projects 4Q20
ID PROPERTY UNITS
1 Axis 190 2 Latitude 41 204 72 3 The Apartments at Lux 96 - Phase IV 69 4 Andover Pointe 438 71 5 Broadmoor63 237 7 Yale Park Redevelopment 100 8 The Apartments at Lux 96 Phase III 73 Total Lease Up 1,311
10 Avenue One 1,505 13 The Mill 96 14 Nobility Point at Highlander 60 Total Under Construction 1,661
15 The Crossroads 380
16 Swivel 158 30 52 17 38th and Leavenworth Street 172 35 18 Little Bohemia 107 13 36 19 The Mercantile 375 32 7 29 14 34 33 20 The Standard 172 20 15 39 21 72nd & Center 270 10 42 16 43 19 38 22 Arbor Woods 210 37 17 23 Hinge 460 5 18 40 Trade Winds 576 22 21 24 Axis Phase II 130 41 Timbercreek Renovation 50 44 25 Balterra 348 42 The Row at Heartwood Preserve 240 23 26 Granite Falls 266 43 510 West Broadway 78 40 41 29 Cady 50 44 Lake Manawa 186 70 30 131 Fort Street 80 4 45 210 W Mission Ave 56 3 1 46 31 Belle Plaine 75 46 South Woods 107 8 Total Planned 3,253 49 47 Balterra Phase II 190 24 50 2 26 48 Midland Heights Phase III 100 32 Benson Lights Phase II 50 49 North Shore II 108 47 45 48 51 33 Hamilton Village - Senior Suites 52 50 Rose Park 192 25 34 Hello 171 51 Seventy Two Place 140 35 Larimore 3483 52 52 168th Street 100 31 36 Sienna Francis Cottages 50 70 Chandler Ridge 60 37 Dewey Park 55 71 Autumn Pointe 60 38 Fairmont Creamery Redevelopment 60 72 Bluestem Common 404 39 South 19th Avenue & St. Marys Avenue 180 Total Prospective 3,317 2 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Omaha New Construction & Proposed Multifamily Projects 4Q20
60
ID PROPERTY UNITS 9
6 East Lake Flats Phase II 253 9 North Pointe Villas Phase III 94 Total Lease Up 347 57
11 Gateway 153 12 Canopy Park 230 59 Total Under Construction 383 58
55 56 66 27 Ninth & M Student Housing 575 12 11 54 28 Black Forest Estates 67 67 27 53 Total Planned 642 68
53 Antelope Tower 93 54 Block 65 200 55 City Centre 238 56 Sharp Building 100 57 Fairfield West Townhouses Redevelopment 50 58 The 8801 542
59 Northern Lights 180 28 60 Stone Bridge Creek 1,102 61 40th & Rokeby 500 62 70th St & Yankee Hill Rd 120 64 6 63 Chateau at Yankee Hill 860 64 South 59th Circle 322 63 62 65 Tower Heights 59 65 66 Victory Park Phase II 85 69 67 Victory Park Phase III 70 61 68 Victory Park Phase IV 115 69 Wilderness Hills 132 Total Prospective 4,768 1 mi Source: Yardi Matrix
LEGEND Lease-Up Under Construction Planned Prospective Omaha New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
1 Axis 10463 South 97th Court Papillion NE 68046 Lease-Up 190 Papillion 10/07/2019 06/30/2021 06/16/2020
2 Latitude 41 10712 South 15th Street Bellevue NE 68123 Lease-Up 204 Bellevue 09/06/2019 06/30/2021 03/31/2020
3 The Apartments at Lux 96 - Phase IV 1341 West 6th Street Papillion NE 68046 Lease-Up 69 Papillion 11/30/2019 05/31/2021 09/14/2020
4 Andover Pointe 13106 Chandler Road Plaza La Vista NE 68138 Lease-Up 438 Millard 03/01/2017 05/31/2021 05/01/2017
5 Broadmoor63 2323 South 63rd Circle Omaha NE 68106 Lease-Up 237 South Central Omaha 01/02/2018 02/28/2021 11/15/2019
6 East Lake Flats Phase II 7100 South 88th Street Lincoln NE 68526 Lease-Up 253 Southeast Lincoln 08/31/2019 01/31/2021 06/17/2020
7 Yale Park Redevelopment 2400 North 34th Avenue Omaha NE 68111 Lease-Up 100 North Omaha 04/30/2019 01/31/2021 09/01/2019
8 The Apartments at Lux 96 Phase III 1341 West 6th Street Papillion NE 68046 Lease-Up 73 Papillion 02/01/2019 01/31/2021 04/30/2019
9 North Pointe Villas Phase III 1800 Fletcher Avenue Lincoln NE 68521 Lease-Up 94 Northwest Lincoln 06/12/2017 01/31/2021 02/01/2018
Total Lease-Up 1,658
10 Avenue One North 192nd Street & West Dodge Road Elkhorn NE 68022 Under Construction 1,505 Elkhorn 12/31/2019 12/31/2024
11 Gateway 225 North Cotner Blvd Lincoln NE 68505 Under Construction 153 Northeast Lincoln 09/01/2020 03/31/2022
12 Canopy Park South Canopy Street & N Street Lincoln NE 68508 Under Construction 230 Central Lincoln 07/31/2020 03/31/2022
13 The Mill 6152 Military Avenue Omaha NE 68104 Under Construction 96 North Omaha 05/01/2020 12/31/2021
14 Nobility Point at Highlander 3031 Blondo Street Omaha NE 68111 Under Construction 60 North Omaha 11/30/2019 01/31/2021
Total Under Construction 2,044
15 The Crossroads SWC 72nd Street & Dodge Street Omaha NE 68114 Planned 380 Central Omaha
16 Swivel 119 North 72nd Street Omaha NE 68114 Planned 158 Central Omaha
17 38th and Leavenworth Street 3814 Leavenworth Street Omaha NE 68105 Planned 172 Southeast Omaha
18 Little Bohemia South 12th Street & William Street Omaha NE 68108 Planned 107 Southeast Omaha
19 The Mercantile 1 Conagra Drive Omaha NE 68102 Planned 375 Southeast Omaha
20 The Standard 500 South 18th Street Omaha NE 68102 Planned 172 Southeast Omaha
21 72nd & Center 72nd Street & West Center Road Omaha NE 68124 Planned 270 South Central Omaha
22 Arbor Woods South 90th Street & West Center Road Omaha NE 68124 Planned 210 South Central Omaha
23 Hinge 72nd Street & Q Street Omaha NE 68117 Planned 460 South Central Omaha
24 Axis Phase II 10463 South 97th Court Papillion NE 68046 Planned 130 Papillion
25 Balterra SWC South 114th Street & Schram Road Papillion Second I NE 68046 Planned 348 Papillion
26 Granite Falls NEC Highway 370 & Wittmus Drive Papillion NE 68046 Planned 266 Papillion
27 Ninth & M Student Housing South 9th Street & M Street Lincoln NE 68508 Planned 575 Central Lincoln
28 Black Forest Estates 6120 Old Cheney Road Lincoln NE 68516 Planned 67 Southeast Lincoln
29 Cady North 94th Place & Cady Avenue Omaha NE 68134 Planned 50 Central Omaha
30 131 Fort Street 131 Fort Street Omaha NE 68110 Planned 80 East Omaha Source: Yardi Matrix Yardi Source: Omaha New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
31 Belle Plaine Grenoble Drive & Normandy Blvd Bellevue NE 68123 Planned 75 Bellevue
Total Planned 3,895
32 Benson Lights Phase II 3030 North 60th Street Omaha NE 68104 Prospective 50 North Omaha
33 Hamilton Village - Senior Suites North 41st Avenue & Hamilton Street Omaha NE 68131 Prospective 52 North Omaha
34 Hello 1200 North 12th Street Omaha NE 68102 Prospective 171 East Omaha
35 Larimore 3483 2221 North 24th Street Omaha NE 68110 Prospective 52 East Omaha
36 Sienna Francis Cottages 1528 North 16th Street Omaha NE 68110 Prospective 50 East Omaha
37 Dewey Park South 33rd Street & Jones Street Omaha NE 68105 Prospective 55 Southeast Omaha
38 Fairmont Creamery Redevelopment 1204 Jones Street Omaha NE 68102 Prospective 60 Southeast Omaha
39 South 19th Avenue & St. Marys Avenue South 19th Avenue & St. Marys Avenue Omaha NE 68102 Prospective 180 Southeast Omaha
40 Trade Winds South 60th Street & Q Street Omaha NE 68117 Prospective 576 South Omaha
41 Timbercreek Renovation 6816 South 137th Plaza Omaha NE 68137 Prospective 50 Millard
42 The Row at Heartwood Preserve SWC South 144th Street & Dodge Road Omaha NE 68154 Prospective 240 West Omaha
43 510 West Broadway 510 West Broadway Council Bluffs IA 51503 Prospective 78 Council Bluffs
44 Lake Manawa South 24th Street & Veterans Memorial Hwy Council Bluffs IA 51501 Prospective 186 Council Bluffs
45 210 W Mission Ave 210 West Mission Avenue Bellevue NE 68005 Prospective 56 Bellevue
46 South Woods Columbus Avenue & Nebraska Drive Bellevue NE 68005 Prospective 107 Bellevue
47 Balterra Phase II NWC South 114th Street & Schram Road Papillion Second I NE 68046 Prospective 190 Papillion
48 Midland Heights Phase III 1600 South Grandview Avenue Papillion NE 68046 Prospective 100 Papillion
49 North Shore II South 114th Street & Lincoln Road Papillion NE 68046 Prospective 108 Papillion
50 Rose Park South 72nd Street & Cedardale Road Papillion NE 68046 Prospective 192 Papillion
51 Seventy Two Place South 72nd Street & Schram Road Papillion NE 68046 Prospective 140 Papillion
52 168th Street North 168th Street & Fort Street McArdle NE 68116 Prospective 100 Elkhorn
53 Antelope Tower South Antelope Valley Pkwy & K Street Lincoln NE 68510 Prospective 93 Central Lincoln
54 Block 65 233 South 14th Street Lincoln NE 68527 Prospective 200 Central Lincoln
55 City Centre 926 P Street Lincoln NE 68508 Prospective 238 Central Lincoln
56 Sharp Building 206 South 13th Street Lincoln NE 68508 Prospective 100 Central Lincoln Fairfield West Townhouses 57 3621 North 3rd Street Lincoln NE 68521 Prospective 50 Northwest Lincoln Redevelopment 58 The 8801 8801 Holdrege Street Lincoln NE 68505 Prospective 542 Northeast Lincoln
59 Northern Lights North 84th Street & Northern Lights Drive Lincoln NE 68505 Prospective 180 Northeast Lincoln
60 Stone Bridge Creek North 27th Street & Arbor Road Davey NE 68336 Prospective 1,102 Northeast Lincoln
61 40th & Rokeby South 40th Street & Rokeby Road Lincoln NE 68516 Prospective 500 Southeast Lincoln Source: Yardi Matrix Yardi Source: Omaha New Construction & Proposed Multifamily Projects
PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP
62 70th St & Yankee Hill Rd South 70th Street & Yankee Hill Road Lincoln NE 68516 Prospective 120 Southeast Lincoln
63 Chateau at Yankee Hill South 40th Street & Yankee Hill Road Lincoln NE 68516 Prospective 860 Southeast Lincoln
64 South 59th Circle South 59th Street Circle & Pine Lake Road Lincoln NE 68516 Prospective 322 Southeast Lincoln
65 Tower Heights 4949 Yankee Hill Road Lincoln NE 68516 Prospective 59 Southeast Lincoln
66 Victory Park Phase II SEC South 70th Street & O Street Lincoln NE 68510 Prospective 85 Southeast Lincoln
67 Victory Park Phase III SEC South 70th Street & O Street Lincoln NE 68510 Prospective 70 Southeast Lincoln
68 Victory Park Phase IV SEC South 70th Street & O Street Lincoln NE 68510 Prospective 115 Southeast Lincoln
69 Wilderness Hills 2900 Rokeby Road Roca NE 68430 Prospective 132 Southeast Lincoln
70 Chandler Ridge South 25th Street & Chandler Road West Bellevue NE 68147 Prospective 60 Bellevue
71 Autumn Pointe 2735 North Yager Road Fremont NE 68025 Prospective 60 Dodge
72 Bluestem Common SWC North Luther Road & T Road Fremont NE 68025 Prospective 404 Dodge
Total Prospective 8,085
TOTAL OMAHA 15,682 Source: Yardi Matrix Yardi Source:
© 2020 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: December 2020