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Wave of commercial development follows Omaha's upgraded downtown parks

Mutual of Omaha headquarters, multifamily projects by Hines, NuStyle next to green space
The redevelopment of three parks in downtown Omaha, including Gene Leahy Mall, shown above, was immediately followed by new commercial developments, including a new office tower project by Mutual of Omaha. (Jeff Durkin/OJB)
The redevelopment of three parks in downtown Omaha, including Gene Leahy Mall, shown above, was immediately followed by new commercial developments, including a new office tower project by Mutual of Omaha. (Jeff Durkin/OJB)
CoStar News
October 30, 2024 | 7:17 P.M.

About $2 billion of new commercial projects are underway in Nebraska’s largest city after Omaha spruced up three riverside parks that were outdated and underused, an initiative that some development professioanls say shows how such recreational spaces can spur commercial building.

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