Convenience, comfort and community is the name of the game for 29South Apartments, a new 106-unit upscale apartment complex in Lincoln, Nebraska, an area that has faced a shortage of housing in recent years.
Krueger Development began construction on the apartments in January 2022. The first of two apartment buildings received a certificate of occupancy in December, with the second one expected to be ready for lease by June. The apartments offer studio, one and two-bedroom units infused with style and modern conveniences.
The development was recognized as the multifamily development of the year in Lincoln as part of the 2024 CoStar Impact Awards, which were judged by real estate professionals familiar with the market.
The apartments are located in close proximity to several restaurant chains and feature amenities such as a 24-hour fitness center, heated pool and Valet Living trash service. There are up-to-date technological features, such as Bluetooth entry to units and common spaces and wireless thermostats.
About the Project: Lincoln-based Krueger Development is the owner, manager and developer of the apartment complex.
What the Judges Said: "Beautiful development with creative and innovative amenities to the tenants." — Laura Bell, broker, manager and owner, Commercial Realty Group, LLC.
They Made it Happen: Krueger Development is headed by Rick Krueger. Key members of the Krueger Development project team include Nate Duden, supervisor and Siara Doggett, property manager. Andy Ponce of Peak Design Builders was the general contractor.