Latest / The KFAB Comment Line with Jean Stothert / Jeff Beals from Grow Omaha
Transcript
- 0:00Speaker 1: I am your host, Gene Stothard. Peyton Hilock, the producer,
- 0:03Speaker 1: is also here today. Good morning, Good morning to you, Gene,
- 0:06Speaker 1: and we are guaranteed human one. If you are listening
- 0:10Speaker 1: to Scott Vorhees, they had a big discussion about AI
- 0:13Speaker 1: and I got to talk to you a little bit
- 0:15Speaker 1: later on about an AI.
- 0:17Speaker 2: Video that was sent to me this weekend. Oh yeah,
- 0:21Speaker 2: I'm gonna talk about it later. I thought it was hilarious.
- 0:23Speaker 2: They tried to make me mad, but it was funny.
- 0:25Speaker 1: But anyway, we are here and we want to hear
- 0:28Speaker 1: from you and we want to get your feedback. We
- 0:31Speaker 1: want to hear your comments, concerns, questions, complaint, anything goes
- 0:35Speaker 1: with us. We can even talk about the streetcar if
- 0:37Speaker 1: you want, whether it be city, state, national, the world.
- 0:40Speaker 1: And we will have great guests who we have won
- 0:43Speaker 1: this morning, and of course you will hear plenty of
- 0:45Speaker 1: opinions from me too. But is your chance to speak
- 0:48Speaker 1: up and sound off. Send your emails to comment at
- 0:51Speaker 1: cafab dot com or you can call us at four two, five, five,
- 0:55Speaker 1: eight eleven ten. Our guest this morning is a familiar
- 0:58Speaker 1: face around the studio, Jeff Feels.
- 1:00Speaker 2: Good morning, well.
- 1:01Speaker 3: Good morning, Gene. This is kind of like a role reversal.
- 1:03Speaker 1: It is because I have been on your show Grow
- 1:06Speaker 1: Omaha many many times, and we kind of had we
- 1:09Speaker 1: switched the seating there, and but it's always fun. Always
- 1:13Speaker 1: love to listen to grow Omaha. I used to kid
- 1:16Speaker 1: Jeff and Trenton about it, saying I learn more from
- 1:19Speaker 1: your show than I did from the Planning Department because
- 1:21Speaker 1: you had so much information. Of course I was kidding,
- 1:24Speaker 1: because we have a great planning department City of Omaha.
- 1:27Speaker 1: But Jeff Bils is the co founder of grow Omaha.
- 1:30Speaker 1: I think you started in two thousand and four.
- 1:32Speaker 4: Didn't you. Yeah, at the very beginning of O four,
- 1:34Speaker 4: So we're twenty two and a half years old.
- 1:36Speaker 2: Holy cow, you must have started when you were eight years.
- 1:38Speaker 3: Old, right, Well, the show's old enough to drink.
- 1:40Speaker 2: That's there.
- 1:41Speaker 3: You go.
- 1:42Speaker 1: But on grow Omaha, and I know a lot of
- 1:44Speaker 1: you listen to it at nine am every Saturday morning.
- 1:47Speaker 1: It focuses exclusively on an eight county metro area, and
- 1:52Speaker 1: I know those counties, So I'm going to say it Potawatam, Douglas, Starpy, Dodge, Washington,
- 1:57Speaker 1: Cass Wait, a minut let me stop and think Mills Odo.
- 2:01Speaker 3: Harrison in Iowa.
- 2:02Speaker 1: Did you say Hey, I didn't. I said Patawatamy, I
- 2:05Speaker 1: didn't say Harrison. Okay, it's pretty close. Okay, especially off
- 2:09Speaker 1: the top of your head. And we're going to talk
- 2:10Speaker 1: about Odo today, No, I'm hitting you. We're going to
- 2:13Speaker 1: talk a lot about Omaha today. But you talk about
- 2:16Speaker 1: real estate development, you talk about business, you talk about
- 2:20Speaker 1: new restaurants, you talk about new retail. A lot lot
- 2:23Speaker 1: more people can keep up with you too, because you
- 2:26Speaker 1: have a you have a weekly news letter which I take,
- 2:30Speaker 1: and so there's a lot on there too that I think.
- 2:33Speaker 1: What you say, I love and you say grow Omaha's
- 2:35Speaker 1: committed to making Omaha more vibrant, prosperous place to live
- 2:39Speaker 1: and work and visit. You are a vice president at
- 2:43Speaker 1: MP Dodge.
- 2:43Speaker 3: Correct, that's right.
- 2:44Speaker 4: Yeah, So both both my business partner, Trenton and I
- 2:47Speaker 4: are affiliated with an AI in P Dodge, a commercial
- 2:50Speaker 4: real estate company. And that's frankly, where a lot of
- 2:53Speaker 4: our intel comes from. When you work in commercial real estate,
- 2:56Speaker 4: you hear about a lot of the things we report
- 2:58Speaker 4: on at GROMHA, and.
- 3:01Speaker 1: You just are so full of information all the time.
- 3:04Speaker 1: So I had a lot of things I wanted to
- 3:06Speaker 1: talk to you about today, but just recently you announced
- 3:11Speaker 1: that there and we're going to talk about that. There
- 3:13Speaker 1: was a new restaurant that opened up out in the
- 3:16Speaker 1: parking lot at Regency. I want you to talk about
- 3:19Speaker 1: that because it's called Flower Child.
- 3:21Speaker 2: They haven't been there. That sounds organic.
- 3:23Speaker 3: Yeah, it's pretty cool.
- 3:25Speaker 4: And in fact, I actually uh popped into one in Austin,
- 3:29Speaker 4: Texas earlier this year simply because I knew it was
- 3:32Speaker 4: coming to Omaha and I was down there. I'm like,
- 3:34Speaker 4: I'm going to give this place a try and a
- 3:36Speaker 4: very good I would describe it as this is going
- 3:39Speaker 4: to be pretty niche here, but upscale quick serve health food. Okay,
- 3:45Speaker 4: so think like the Chipotle of health food, maybe a
- 3:48Speaker 4: little more upscale. And the one in Regency opened just yesterday.
- 3:52Speaker 1: Actually June thirtieth, that I heard it was opening. And
- 3:55Speaker 1: is there a place can you sit in there and eat?
- 3:58Speaker 2: Is there seating?
- 3:58Speaker 3: Yeah, plenty of seating. I'm outdoor seating as well.
- 4:01Speaker 4: In fact, I even just out of curiosity, I stopped
- 4:04Speaker 4: by yesterday just when I was out running Errans.
- 4:07Speaker 3: I didn't have lunch because I didn't have time, but
- 4:09Speaker 3: I'll go back. It looks good. Yeah, and it was
- 4:11Speaker 3: good when I had it in Texas.
- 4:13Speaker 1: I pulled up the menu and the menu looked really
- 4:15Speaker 1: good too. I was picking out everything I wanted.
- 4:16Speaker 2: To eat there.
- 4:17Speaker 1: Now let's talk about Regency though, if we could jump
- 4:20Speaker 1: into that, because we're going to talk about Avenue one two,
- 4:24Speaker 1: which is one hundred and ninety second in Dodge.
- 4:27Speaker 2: On the south side of Dodge.
- 4:29Speaker 1: There are a lot of businesses in Omaha and retail
- 4:33Speaker 1: that are moving out there too, are Williams Sonoma and
- 4:36Speaker 1: Pottery Barn and so they are leaving Regency.
- 4:39Speaker 3: Now.
- 4:39Speaker 1: I am aware that that Borsheims has recently signed another
- 4:44Speaker 1: ten year lease, but talk about what you think about
- 4:46Speaker 1: is going to happen with Regency.
- 4:48Speaker 4: It'll be interesting to see how that all plays out.
- 4:50Speaker 4: And yeah, Jenior Wright, Borsheim's not only signed the lease,
- 4:53Speaker 4: but they've actually started construction both inside and out.
- 4:56Speaker 3: They're going to have this amazing golden.
- 4:59Speaker 1: In I wondered what it was going to look like
- 5:02Speaker 1: because I know it's blocked off now, but holy cal really,
- 5:05Speaker 1: I didn't know that.
- 5:06Speaker 4: Yeah, it'll be nice, and I think the fact that
- 5:08Speaker 4: that Borsheim's is staying as the anchor will allow regency
- 5:12Speaker 4: to be okay long term. But yeah, in the short term,
- 5:14Speaker 4: you would think it's going to be a hit, losing
- 5:16Speaker 4: both Pottery Barn and Williams Sonoma. But the demographics in
- 5:20Speaker 4: the area are great, the traffic in the area is great.
- 5:24Speaker 4: It's just, you know, you know how retail is. It's
- 5:25Speaker 4: a very fickle business, and people's change, people's taste change,
- 5:30Speaker 4: and traffic patterns change. So some of these brands will
- 5:34Speaker 4: go out to Avenue One where they're going to be
- 5:35Speaker 4: joined by other amazing brands. We'll see others come in there, though,
- 5:39Speaker 4: because it's still a very desirable property and a very
- 5:42Speaker 4: desirable part of town.
- 5:43Speaker 2: It seems to be I mean I go out there
- 5:45Speaker 2: a lot.
- 5:45Speaker 3: Now.
- 5:46Speaker 1: Trader Joe's, I know, is going to build a store
- 5:49Speaker 1: out at Avenue one, but their Trader Joe's is going
- 5:52Speaker 1: to stay the current one is going to stay at
- 5:55Speaker 1: one Pacific Place.
- 5:56Speaker 3: That's what we understand.
- 5:57Speaker 2: Ok. Two of them, Okay.
- 5:58Speaker 1: And you know you talked about tail being pretty fickle,
- 6:01Speaker 1: and so are restaurants. I mean, in Omaha, we have
- 6:03Speaker 1: so many good restaurants. You can't have a bad restaurant.
- 6:06Speaker 1: They're not going to last. But you know, out at
- 6:10Speaker 1: One Pacific Place, for example, what I'm talking about is
- 6:13Speaker 1: on that one corner, which would just be I'm trying
- 6:16Speaker 1: to think it be north of where Wheat Feels is.
- 6:19Speaker 1: W Weat Feels is very popular. But there was another restaurant.
- 6:21Speaker 1: It started out with so many different things. It was
- 6:24Speaker 1: a California pizza kitchen. It was andres. Now they're doing
- 6:28Speaker 1: some work in that corner again. Do you know what's
- 6:31Speaker 1: going there?
- 6:31Speaker 4: Yeah, that'll be a second location of Meddi's, Okay, which
- 6:34Speaker 4: is that quick serve Mediterranean food.
- 6:37Speaker 3: Have you had Meddis in the Yes.
- 6:38Speaker 1: There's one now out of Village Point. It's really big.
- 6:42Speaker 1: My understanding is the one that is going to be
- 6:44Speaker 1: at One Pacific Place much smaller because that area is smaller.
- 6:48Speaker 1: But I'll toot my horn for Meddis that my grandsons
- 6:52Speaker 1: love going there because they have a good kids kids menu.
- 6:55Speaker 2: But that is good.
- 6:56Speaker 1: Oh yeah, I mean their food is absolutely great. I
- 7:00Speaker 1: love salmon, and there's salmon there is delicious.
- 7:03Speaker 4: It's out of Wichita, Kansas and Omaha was one of
- 7:06Speaker 4: the first expansion cities, and I think it's going to
- 7:10Speaker 4: go nationwide.
- 7:11Speaker 3: I mean, I think they're going to grow like crazy.
- 7:12Speaker 1: Oh it's really good food. But the same thing happened
- 7:15Speaker 1: with one Pacific place. I mean, for a while there
- 7:19Speaker 1: was all of these stores and a lot of them
- 7:21Speaker 1: moved out, moved to other shopping center or shopping centers.
- 7:25Speaker 2: Yeah, and then it moved back up again.
- 7:29Speaker 3: Yeah. And I think you're going to see that.
- 7:30Speaker 4: You'll see that with Regency, and you'll continue to see
- 7:32Speaker 4: that with all retail properties from now till the end
- 7:36Speaker 4: of time in Omaha, assuming that our economy stays good
- 7:39Speaker 4: and we keep growing.
- 7:40Speaker 3: But Gene, if you.
- 7:41Speaker 4: Think about it, of the commercial real estate sectors, retail
- 7:45Speaker 4: might be the single most adaptable one.
- 7:47Speaker 3: You know, it wasn't too many years ago.
- 7:49Speaker 4: I think it was twenty seventeen when the e commerce
- 7:52Speaker 4: stuff took off, and at the time we were saying,
- 7:55Speaker 4: oh my god, we feel terrible for anyone who owns
- 7:58Speaker 4: retail property. These people are going to go bankrupt. If
- 8:01Speaker 4: you look at the vacancy rates, now, what is that
- 8:04Speaker 4: nine years later from that twenty seventeen, it's in the
- 8:08Speaker 4: single digits. Because retail is so adaptable, it became more
- 8:11Speaker 4: experiential and more entertainment and recreation based and then uses
- 8:17Speaker 4: that we never would have imagined now are taking up
- 8:20Speaker 4: a whole bunch of retail space. So yeah, it'll always
- 8:22Speaker 4: do well. Anytime you have space that's accessible to the
- 8:25Speaker 4: public and looks nice like retail does, someone's going to
- 8:28Speaker 4: want it.
- 8:29Speaker 1: And the trend is not the shopping malls anymore. Correct,
- 8:33Speaker 1: I mean, is this what you're seeing countrywide? Because what
- 8:35Speaker 1: we I mean, look at Crossroads and let's get to
- 8:38Speaker 1: Crossroads in a minute, but look at Crossroads that was
- 8:40Speaker 1: one of the first or the first, wasn't it mall.
- 8:42Speaker 2: That was built in Omaha. It's more of the village point.
- 8:47Speaker 1: Look the one that is spread out, that has features
- 8:51Speaker 1: that people can walk, people can eat, people can do, it,
- 8:54Speaker 1: have entertainment. That's more the trend of what we're seeing.
- 8:58Speaker 1: But you know what always worried me is is when
- 9:00Speaker 1: a new shopping area, retail, mixed use development was happening,
- 9:05Speaker 1: if it was going to cannibalize something that was already here,
- 9:08Speaker 1: and then what would happen to that? So a good
- 9:10Speaker 1: example is west Roads and they seem to be doing well,
- 9:14Speaker 1: and I think did you announce what was happening at
- 9:17Speaker 1: the old Yonkers.
- 9:18Speaker 4: Yeah, we were the first ones to announce that as
- 9:20Speaker 4: far as I know, you know, that'll be a Dillards
- 9:22Speaker 4: which is relocating from Oakview. Construction is already underway on that,
- 9:27Speaker 4: going to be a two story, thirty two thousand square
- 9:29Speaker 4: foot edition, completely gut and change the interior. It'll be
- 9:33Speaker 4: a very nice dillard store. But you're right, you know,
- 9:37Speaker 4: West Roads is like that indestructible beast that keeps.
- 9:41Speaker 3: Going no matter what you throw at it. And I
- 9:44Speaker 3: think that's good.
- 9:45Speaker 4: And that's because there's always going to be a room
- 9:47Speaker 4: for some malls in a market like Omaha, at least
- 9:51Speaker 4: one mall. We'll always need it because people like to
- 9:54Speaker 4: have a place when it's really hot or really cold
- 9:56Speaker 4: where you can go and enjoy yourself and shop in
- 9:59Speaker 4: West Roads to be.
- 10:00Speaker 2: That sure, and it seems like it has survived.
- 10:03Speaker 3: Yeah, it's got a very right future, I believe.
- 10:05Speaker 1: And then let's talk about though Oakview. So Dillard's leaving Oakview.
- 10:10Speaker 1: There's not a lot left at Oakview.
- 10:12Speaker 3: Yeah.
- 10:12Speaker 4: And my guess is, and I'm not reporting this, I
- 10:14Speaker 4: don't know anything, but if I had to guess, I
- 10:17Speaker 4: would be I would.
- 10:18Speaker 3: Be surprised if J. C.
- 10:19Speaker 4: Penny stays there much longer after Dillard's closes, and so
- 10:23Speaker 4: people say, what are you gonna do with it? Well,
- 10:25Speaker 4: there's a lot of potential, or a lot of possibilities,
- 10:29Speaker 4: if you will. One of them is that there could
- 10:31Speaker 4: be a resurgence of indoor malls in the next ten
- 10:35Speaker 4: to twenty years, and if it manages to not be
- 10:38Speaker 4: torn down to survive that right, yeah, it could go gangbusters.
- 10:42Speaker 4: The other possibility is that, you know, maybe some day
- 10:45Speaker 4: it's torn down and some other uses is built there.
- 10:49Speaker 4: I always joke like, maybe there'll be an NFL stadium
- 10:51Speaker 4: there someday.
- 10:52Speaker 1: I kind of doubt that, but you know what, there
- 10:54Speaker 1: had been several interested buyers in oak View, I know,
- 10:57Speaker 1: the twelve years that I was serving as mayor, there
- 10:59Speaker 1: has been we talked to several people about what they
- 11:02Speaker 1: their thoughts were to do in that area there, and
- 11:06Speaker 1: so hopefully that'll happen, because you hate, you know, when
- 11:08Speaker 1: I moved here in nineteen ninety three, it was just
- 11:11Speaker 1: open new. So yeah, it was brand new, and we're like, wow,
- 11:14Speaker 1: isn't this great? But you know, let's talk about let's
- 11:17Speaker 1: move on to seventy second and Dodge.
- 11:19Speaker 2: We've got a beautiful.
- 11:20Speaker 1: New library on one corner I know for sure, on
- 11:24Speaker 1: the north east corner where Petco is. That property has
- 11:28Speaker 1: been bought. I have seen the renderings of what the
- 11:31Speaker 1: new owner wants to build there. Crossroads. Now, Crossroads went
- 11:35Speaker 1: through some I don't want to say starts and stops,
- 11:37Speaker 1: I'll say some slowdowns. You know, it was owned though
- 11:41Speaker 1: by one single person, Frank Craigie, for many, many years.
- 11:44Speaker 1: Of course, everybody knows Frank passed away. He had a
- 11:47Speaker 1: few partnerships, some of them dissolved.
- 11:50Speaker 2: Right now.
- 11:50Speaker 1: That area has been bought by a company Woodbury, out
- 11:53Speaker 1: of Salt Lake City. When I was still mayor, I
- 11:57Speaker 1: was working with them a lot. They had a great design.
- 12:00Speaker 1: They were going gangbusters. We see a lot of equipment there,
- 12:06Speaker 1: you know, we see a lot of grading going on.
- 12:09Speaker 1: The infrastructure, no doubt, is in there. I mean, the
- 12:12Speaker 1: infrastructure is in there.
- 12:13Speaker 2: You know, Sears is.
- 12:14Speaker 1: Gone, and there was a lot that had to be
- 12:17Speaker 1: done to this point. But are we seeing any movement
- 12:20Speaker 1: that you know of yet?
- 12:21Speaker 3: Yeah.
- 12:22Speaker 4: In fact, if you drive by and you look carefully,
- 12:25Speaker 4: you can see the elevator shafts going up for that
- 12:28Speaker 4: first entertainment building that's going to be there. And then
- 12:32Speaker 4: also if you kind of look a little more carefully
- 12:35Speaker 4: than that, you can see some of the concrete from
- 12:37Speaker 4: the underground parking in which they've made a ton of progress.
- 12:41Speaker 4: As you well know, Gene from working with them, Woodbury
- 12:44Speaker 4: is very capable and has a tremendous track record.
- 12:47Speaker 2: Yes, they do.
- 12:48Speaker 4: I'm totally bullish on the Crossroads project. I keep hearing
- 12:52Speaker 4: things that we can't report yet about what might be
- 12:55Speaker 4: coming there, pretty impressive stuff. I think people will be pressed.
- 13:00Speaker 4: But I'll tell you, if I had a dollar for
- 13:02Speaker 4: every time we get a nasty email into Gromaha, and
- 13:05Speaker 4: we get a lot of them, because our audience is
- 13:07Speaker 4: thankfully huge, we get tons of emails. If I had
- 13:10Speaker 4: a dollar for every time someone was complaining about the Crossroads,
- 13:13Speaker 4: I'd have a lot of dollars.
- 13:15Speaker 3: But people just need to.
- 13:16Speaker 4: Realize this is a billion dollar project right in the
- 13:19Speaker 4: middle of the city, with a lot of competition around.
- 13:22Speaker 4: But because the right people have been involved, because the
- 13:25Speaker 4: right company has it now, and because the infrastructure around
- 13:28Speaker 4: it is awesome, it will be a big hit. It's
- 13:31Speaker 4: just going to take a lot of time, And.
- 13:33Speaker 1: I agree because I used to get those hate mails
- 13:35Speaker 1: about crossroads too. But like we said there, I mean
- 13:39Speaker 1: best Buy is gone, Sears is gone. The infrastructures in
- 13:43Speaker 1: the city is building those parking garages. The big question
- 13:46Speaker 1: always was what's going to happen with that big parking garage.
- 13:49Speaker 2: But it's in the wrong place.
- 13:51Speaker 1: Yeah, and it's old, and that needs to go. And
- 13:53Speaker 1: I think everybody realized that, and we needed multiple smaller
- 13:58Speaker 1: parking garages within the development that would make parking much
- 14:03Speaker 1: easier and more efficient. And the city is building those
- 14:06Speaker 1: those parking garages and working with the woodberriers. Myself, I
- 14:10Speaker 1: know they are very capable, and I know this is
- 14:12Speaker 1: what they do. They buy rundown malls all over the
- 14:15Speaker 1: country and they make them something great. And these all
- 14:18Speaker 1: of these malls, you know, they have times that they
- 14:22Speaker 1: slow down a little and they speed up a little,
- 14:25Speaker 1: but things are happening. I used to get the same
- 14:28Speaker 1: types of calls about Heartwood Preserve at one hundred and
- 14:31Speaker 1: forty fourth and Dodge between Dodge and Pacific out there
- 14:35Speaker 1: and the old Boystown property. But look at that now.
- 14:37Speaker 1: Everybody was asking when is that row? You know they
- 14:40Speaker 1: call it the row in the middle. When is that
- 14:42Speaker 1: going to happen? Nothing's happening there, Well, you know, nothing's
- 14:44Speaker 1: going to happen there at all, but now it is,
- 14:47Speaker 1: and you're seeing things just going up like crazy out
- 14:49Speaker 1: at Heartwood Preserve.
- 14:50Speaker 3: Well, yeah, and a perfect example.
- 14:52Speaker 4: Literally just about an hour ago, we posted a newsbrief
- 14:56Speaker 4: on gromha dot com about Campo or Compo. It's going
- 14:59Speaker 4: to be an upscale Tuscan inspired prime chop house. Ooh,
- 15:04Speaker 4: in the row, it's going to be a flagship restaurant
- 15:07Speaker 4: in the new Ellwyn Hotel. Six story building. Construction on
- 15:10Speaker 4: that starts this summer. They've got another six story building
- 15:14Speaker 4: they're going to start this year that's going to be multifamily.
- 15:17Speaker 4: I'm hearing about one hundred and fifty thousand square foot
- 15:19Speaker 4: office building for a local companies headquarters.
- 15:23Speaker 3: So the Row is blowing up.
- 15:25Speaker 4: Landaha is doing a great job with Oh they are,
- 15:27Speaker 4: and that area will be exarbon West someday it.
- 15:31Speaker 1: Is really it'll really be something. Now those apartments, there's
- 15:35Speaker 1: these huge amount of apartments that are on one hundred
- 15:39Speaker 1: and forty fourth just north of Millard North. Oh yeah,
- 15:42Speaker 1: and Broadmoor is doing those now I know some of
- 15:44Speaker 1: those other ones on the west end, the Slosburgs are
- 15:47Speaker 1: doing those and those are more luxury, I believe.
- 15:50Speaker 2: Yeah, is that your understanding?
- 15:51Speaker 3: Yeah? Yeah.
- 15:52Speaker 4: And that Broad Moore one you're talking about right north
- 15:55Speaker 4: of Millard North High School. That building has five hundred
- 15:59Speaker 4: and fifty apartment units in it, totally col and if
- 16:02Speaker 4: you figure, what about one point eight people per unit,
- 16:06Speaker 4: so we'll say, you know, about a thousand people living
- 16:09Speaker 4: are going to be living there. There are a lot
- 16:11Speaker 4: of cities in Nebraska that don't have a thousand people
- 16:13Speaker 4: in them. So you know, that's an amazing project and
- 16:17Speaker 4: it's going to put a lot of people right there
- 16:19Speaker 4: in that Heartwood Preserve development you're throwing all the other
- 16:23Speaker 4: stuff that's going on there, It's going to be a.
- 16:24Speaker 3: Pretty special place.
- 16:25Speaker 1: And that's Jeff Beals is with us today with grow Omaha.
- 16:28Speaker 1: I know you all recognize his voice. Applied underwriters are
- 16:31Speaker 1: that's their project out there. I worked with them quite
- 16:34Speaker 1: a bit. That huge building that everybody said, what is that?
- 16:39Speaker 1: And what's going on there? That huge, huge building on
- 16:42Speaker 1: the south side of Pacific is their headquarters and there,
- 16:46Speaker 1: as far as I know, they're planning on opening that
- 16:48Speaker 1: this Fall.
- 16:49Speaker 4: Yeah, and it's been a long time coming. And I
- 16:51Speaker 4: think a lot of that is Applied Underwriters is a
- 16:53Speaker 4: very unique company. Yes they are, and they had certain
- 16:57Speaker 4: standards for that building, and from what I can tell,
- 16:59Speaker 4: they were going to compromise on them. And we actually
- 17:02Speaker 4: toured it about a year ago, and a year ago
- 17:05Speaker 4: it looked like it was getting pretty close to being done.
- 17:07Speaker 4: But I think and I don't mean this in that
- 17:09Speaker 4: bad way at all, because I have tremendous respect for
- 17:11Speaker 4: Applied Underwriters. I think they've been very picky about what
- 17:15Speaker 4: they want that building to be. They've had a big
- 17:17Speaker 4: ambitions for it, and they've been demanding about it, and
- 17:20Speaker 4: I think it'll pay off for them because when their
- 17:22Speaker 4: clients come there someday, or when they're trying to recruit
- 17:25Speaker 4: some talented executive to go work there, they're going to
- 17:29Speaker 4: drop their jaws when they walk in that build.
- 17:31Speaker 1: It's something else. And Steve Menzies is the president CEO
- 17:35Speaker 1: of the company. I know him very very well, but
- 17:37Speaker 1: one thing, for example, he doesn't like the park surface
- 17:40Speaker 1: parking lots. It doesn't like it at all. And they
- 17:42Speaker 1: have two, I believe levels of underground parking in that building,
- 17:46Speaker 1: they're heated, there's car washes in it. It's going to
- 17:48Speaker 1: be really something. I did hear a rumor that that
- 17:52Speaker 1: will be when it is done. One of the most,
- 17:54Speaker 1: if not the most expensive building built in Nebraska per
- 17:58Speaker 1: square foot. So it's going to be really something. I
- 18:01Speaker 1: want to ask you another thing now that we were
- 18:03Speaker 1: talking about all those apartments out there. One thing that
- 18:06Speaker 1: I hear on this show, and I heard it when
- 18:08Speaker 1: I was mayor too, is why are you letting all
- 18:10Speaker 1: these people build, all these developers build all these apartments.
- 18:13Speaker 1: We don't need any more apartments. I want your take
- 18:16Speaker 1: on that, because I would always tell people these developers
- 18:19Speaker 1: are so savvy they are not going to build them
- 18:21Speaker 1: if they're not needed. And what I saw is as
- 18:24Speaker 1: soon as they're open, they fill up.
- 18:26Speaker 4: Yeah, pretty much all of them do. And you know,
- 18:29Speaker 4: a couple we get the same thing. That's another nasty
- 18:31Speaker 4: note we get in Groma all the time. Well, all
- 18:33Speaker 4: these people building all these apartments, we have too many apartments.
- 18:36Speaker 4: Actually we don't have enough apartments.
- 18:37Speaker 2: That's true.
- 18:38Speaker 3: Yeah, you think about it.
- 18:39Speaker 4: We're adding in the metro area each year a net
- 18:42Speaker 4: of ten thousand people. All right, That unto itself is
- 18:45Speaker 4: a decent sized small city, right, that's right. We have
- 18:47Speaker 4: to house all those people. We don't have enough housing
- 18:49Speaker 4: as it is already. And the other thing we hear oftentimes, well,
- 18:53Speaker 4: when they build these apartments like this, they're not affordable housing.
- 18:56Speaker 4: Who can afford to live in them. One of the
- 18:58Speaker 4: things we have to remember is the best way to
- 19:01Speaker 4: make housing affordable is to have more house housing.
- 19:05Speaker 3: Right. It's a supply and demand right economics, one on
- 19:07Speaker 3: one that.
- 19:07Speaker 2: We absolutely and people don't realize that.
- 19:11Speaker 1: And I've tried to explain what affordable housing means many
- 19:15Speaker 1: many times, and it's very hard for people to understand.
- 19:18Speaker 2: A lot of.
- 19:18Speaker 1: Times people think affordable housing means, you know, a luxury
- 19:22Speaker 1: apartment cheap, and that's not what it means at all.
- 19:26Speaker 2: And I explain a lot.
- 19:27Speaker 1: It depends on the median income in the area that
- 19:31Speaker 1: you are living. Affordable in New York and affordable in
- 19:34Speaker 1: LA is not the same as affordable in Omaha. And
- 19:38Speaker 1: it makes a difference if you are a single person
- 19:40Speaker 1: or a person with family. What is affordable and it's
- 19:43Speaker 1: based on their formula basically, in simplest terms, is that
- 19:49Speaker 1: they say that you should not be spending more than
- 19:51Speaker 1: thirty percent of your monthly income including utilities, on housing.
- 19:56Speaker 2: A lot of people do that.
- 19:57Speaker 1: A lot of people are in that, so people really
- 19:59Speaker 1: don't understand what affordable. I know the number one priority
- 20:03Speaker 1: that the new mayor mayor Ewing has is more affordable housing.
- 20:07Speaker 1: But people said, yeah, there's that need, but they really
- 20:10Speaker 1: don't understand what it means. Some cities have forced developers
- 20:14Speaker 1: to say, if we won't approve your new apartment complex
- 20:18Speaker 1: or development and less a certain percentages affordable. That is
- 20:21Speaker 1: something I would not support at all because what that
- 20:24Speaker 1: ends up doing. I mean, the developers have to have
- 20:27Speaker 1: a return on their investment, and what that ends up
- 20:30Speaker 1: doing is causing a lot of developers to move out
- 20:32Speaker 1: of the city and go somewhere where they're not told
- 20:36Speaker 1: what they have to build.
- 20:37Speaker 4: Yeah, making that mandatory scares me. I can understand why
- 20:41Speaker 4: people want to do that, because you know, we do
- 20:43Speaker 4: need affordable housing, but I would rather there be certain incentives.
- 20:48Speaker 3: And ways to encourage affordable housing.
- 20:51Speaker 4: I think we're doing a lot of that right now
- 20:53Speaker 4: in the city and have been for a while, and
- 20:54Speaker 4: we can continue to do more and that's all good.
- 20:56Speaker 4: But yeah, I don't like the idea of making it mandatory,
- 20:59Speaker 4: and I think one of the other things we have
- 21:00Speaker 4: to be careful about, and some people don't like to
- 21:02Speaker 4: hear this. Occasionally there will be some blockbuster projects that
- 21:08Speaker 4: will come to a city, and I think these are
- 21:10Speaker 4: coming to Omaha in the near future, where someone can say,
- 21:13Speaker 4: we're going to build a really expensive tower and it's
- 21:16Speaker 4: going to be tall, and it's going to have top amenities,
- 21:19Speaker 4: and this would be a huge benefit for Omaha and
- 21:22Speaker 4: change the skyline and this sort of thing. If you
- 21:24Speaker 4: had to put a certain percentage of those units and
- 21:27Speaker 4: that kind of property is affordable, a lot of developers
- 21:30Speaker 4: will say, now we're not going to do that.
- 21:31Speaker 2: We can't, we can't do it. You know, we have
- 21:34Speaker 2: those developers.
- 21:36Speaker 1: They put their own money in there, and there's wins
- 21:38Speaker 1: and there's losses, and you know they're they're not going
- 21:41Speaker 1: to build something, like I said, if they're not going
- 21:42Speaker 1: to get a return on their investment. But at the
- 21:45Speaker 1: same time, making certain things mandatory is not the right
- 21:48Speaker 1: way to go at all. I know some of the
- 21:50Speaker 1: city council members, the current ones, have talked about that,
- 21:53Speaker 1: and that is something I definitely wouldn't support our Planning
- 21:55Speaker 1: department with the City of Omaha. They have what they
- 21:57Speaker 1: call their happ Plan HAAP, which is how an Affordability
- 22:00Speaker 1: Action plan they're developing it. They are developing more and
- 22:04Speaker 1: more affordable housing units every single year, and we do
- 22:08Speaker 1: need that. But these apartments that they are building, people
- 22:12Speaker 1: need to understand.
- 22:13Speaker 2: That they are needed. Excuse me, or they wouldn't be
- 22:16Speaker 2: building them.
- 22:17Speaker 4: Yeah, they're a very good thing. And when you see
- 22:20Speaker 4: a lot of apartments under construction in the city, it's
- 22:23Speaker 4: a sign that the economy is as good as this city,
- 22:25Speaker 4: you know. And sometimes people will say, hey, we don't
- 22:28Speaker 4: like so many people leasing instead of owning. I understand that,
- 22:32Speaker 4: but that's a separate issue. Right People need housing no
- 22:34Speaker 4: matter what, and as long as we're building some sort
- 22:37Speaker 4: of housing at least, it's a sign that the economy
- 22:39Speaker 4: and the city's good.
- 22:40Speaker 1: And I want to get to Center Mall or Central
- 22:43Speaker 1: Mall in just a second. We're going to have to
- 22:45Speaker 1: take a break. But before we take a break, can
- 22:47Speaker 1: we take a call.
- 22:49Speaker 2: We have a call. Somebody wants to ask you a question.
- 22:51Speaker 2: Let's take that call.
- 22:52Speaker 3: Here we go.
- 22:52Speaker 5: We are with Jeff Biil's this morning host of the
- 22:54Speaker 5: grow Omaha Show on Saturday mornings nine a m.
- 22:58Speaker 2: Right here on KFAB.
- 22:59Speaker 5: And if you know anything about that show, it is
- 23:01Speaker 5: very much like this caller here, Kevin, thank you so
- 23:04Speaker 5: much for calling into eleven to ten KFAB. You are
- 23:07Speaker 5: live with Jeff Beal's and Jean Stouth.
- 23:09Speaker 2: Good morning, morny, Kevin, Good.
- 23:11Speaker 4: Morning, say the well, first off, how about the golf
- 23:16Speaker 4: course over there about ninety third Center and.
- 23:19Speaker 1: P Dodge I think owns that property.
- 23:21Speaker 2: It used to be like a nine to hole.
- 23:23Speaker 1: Any development ideas on that, yes, I mean, and I
- 23:26Speaker 1: actually I was going to bring that up because I know, Jeff,
- 23:31Speaker 1: I know you know quite a bit about that. Excuse me,
- 23:36Speaker 1: I think my my cough button isn't working today quite well.
- 23:40Speaker 2: But there is it will.
- 23:42Speaker 1: Used to be the Sunset Hills golf course, yes, and
- 23:47Speaker 1: that was in that area.
- 23:49Speaker 2: It was closed for quite a few years.
- 23:53Speaker 1: I believe it was purchased by NP Dodge and they
- 23:58Speaker 1: were going to develop it.
- 23:59Speaker 2: Now.
- 24:00Speaker 1: The neighbors were very much against that, and they were
- 24:04Speaker 1: saying that they were worried mostly about the traffic is
- 24:07Speaker 1: what they were saying in the area. And so you know,
- 24:10Speaker 1: I got a lot of feedback on that, but since
- 24:13Speaker 1: then I have not heard a lot about MP Dodge
- 24:17Speaker 1: going forward with that. And I know that there was
- 24:20Speaker 1: going to be some single family, there was going to
- 24:22Speaker 1: be some multi family. They said that there was going
- 24:24Speaker 1: to be basically a barrier between the current housing and
- 24:28Speaker 1: the new project. They were going to work on the
- 24:31Speaker 1: traffic and the safety, but the people in the area
- 24:33Speaker 1: are very much against it.
- 24:34Speaker 2: Now, that is what you know. Has any of that.
- 24:37Speaker 4: Changed, Yeah, I'm not privy to anything in particular that's
- 24:40Speaker 4: happening with that property. My assumption is that the owners
- 24:45Speaker 4: will wait for the right project at the right time. Okay,
- 24:48Speaker 4: I would say, you know that though that's a great area,
- 24:51Speaker 4: it's in the heart of the city. It's weird to think,
- 24:53Speaker 4: as a native Omahon that ninety third and Center is
- 24:56Speaker 4: the heart of the city in midtown, but it is,
- 24:59Speaker 4: and you know, and eventually, I think what a lot
- 25:01Speaker 4: of people have to understand, whether we're talking about the
- 25:04Speaker 4: old Sunset Hills golf course or anything like it. When
- 25:07Speaker 4: you have a piece of privately owned property that is
- 25:10Speaker 4: in a vibrant, healthy city like Omaha, eventually someone's going
- 25:14Speaker 4: to put something on it. And not everyone's going to
- 25:17Speaker 4: like that. You know, we get that all the time.
- 25:18Speaker 4: I mean, shoot, even when the Costco was going to
- 25:22Speaker 4: be built at one hundred and eightyeth concentered neighbors were
- 25:24Speaker 4: complaining that the view of green Grass was going to
- 25:27Speaker 4: go away.
- 25:27Speaker 3: Right.
- 25:28Speaker 4: People have to understand that at some point in time,
- 25:30Speaker 4: a private property is going to become something you might
- 25:33Speaker 4: not want it to be.
- 25:33Speaker 2: That's right.
- 25:34Speaker 1: And that even happened around my house about one hundred
- 25:36Speaker 1: and twentieth and Q. It used to be a movie
- 25:39Speaker 1: theater and then Pat McNeil wanted to build apartments there,
- 25:43Speaker 1: and even my neighborhood because I lived just south of there,
- 25:45Speaker 1: my neighbors were saying, how can you let those apartments.
- 25:47Speaker 2: Be built there?
- 25:48Speaker 1: Well, because private property owners have rights, and you know,
- 25:52Speaker 1: if it is in accordance with the city master plan,
- 25:55Speaker 1: if it meets the right zoning, they.
- 25:57Speaker 2: Can build there.
- 25:58Speaker 1: I mean that the city looks at that and wants
- 26:00Speaker 1: to make sure, according to the master plan it fits
- 26:02Speaker 1: in the area.
- 26:03Speaker 2: But they can do that.
- 26:04Speaker 1: So I wanted to bring up again that area that
- 26:07Speaker 1: with Sunset Hills that the Collar called about, that's about
- 26:10Speaker 1: ninety third and Harbor. This in twenty eighteen, it was
- 26:13Speaker 1: the city council unanimously approved the beginning and of the
- 26:17Speaker 1: phases of a plan to redevelop that area. And I think,
- 26:20Speaker 1: I mean, that's quite a while ago. And so it
- 26:23Speaker 1: was supposed to be thirty seven single family and two
- 26:26Speaker 1: hundred and ten apartments, and they said sixty percent of
- 26:30Speaker 1: that at that time was going to stay green Space.
- 26:33Speaker 1: Peyton's give me the stink eye over here. So we're
- 26:36Speaker 1: going to have to break for a quick commercial. Can
- 26:38Speaker 1: you stay after the stormercial as long as you want
- 26:40Speaker 1: me here? Okay, We'll be on the next till two
- 26:42Speaker 1: o'clock this afternoon. Jeff Beal's with grow Omaha is still
- 26:45Speaker 1: with us because we have so much more to talk
- 26:47Speaker 1: about today. But the one thing I wanted to bring
- 26:50Speaker 1: up again since we're talking about in apartments and newer developments,
- 26:54Speaker 1: is the Center or some people call it the Center Mall.
- 26:58Speaker 1: Some people have called it the Cent, but it is
- 27:01Speaker 1: the Center Mall at forty second in Center there. I
- 27:04Speaker 1: think I don't think it's been purchased yet. I think
- 27:07Speaker 1: there is an agreement to purchase agreement by Lockwood that
- 27:10Speaker 1: wants to develop that corner. Jeff let's talk about that,
- 27:14Speaker 1: because because you have a little well we all know this,
- 27:18Speaker 1: but I'm gonna let you say it.
- 27:20Speaker 2: It was the first. Go let's say it.
- 27:22Speaker 4: You can make an argument that it was the very
- 27:24Speaker 4: first mall in the United States of America. And it
- 27:27Speaker 4: doesn't get that credit because that goes to one in
- 27:30Speaker 4: a dynam Minnesota. And that's because the International Council of
- 27:34Speaker 4: Shopping Centers said you had to have two department store
- 27:36Speaker 4: anchors to qualify. Center had one. But put it this way,
- 27:40Speaker 4: the center was around before the first mall in America
- 27:44Speaker 4: was built.
- 27:45Speaker 1: Isn't that quite amazing? And now Lockwood, now I haven't
- 27:48Speaker 1: seen the plans, so I can't say whether he wants
- 27:51Speaker 1: to preserve something some that's already there, if he wants
- 27:55Speaker 1: to demo what I haven't seen that.
- 27:57Speaker 3: I know.
- 27:57Speaker 1: There was a community meeting that was held, I believe
- 28:00Speaker 1: on the twenty first. I don't know the results of that,
- 28:03Speaker 1: but let's talk about that too.
- 28:05Speaker 2: So you got this older mall.
- 28:08Speaker 1: There are some tenants in it, it's not full, it's old,
- 28:12Speaker 1: it's seen its better days. The property value on that
- 28:15Speaker 1: area drops every year. You've got a developer that is
- 28:20Speaker 1: very successful and focused in Omaha wants to purchase it
- 28:24Speaker 1: and build some apartments and some mixed use development there.
- 28:28Speaker 1: Because the area, because it's defined as an area of
- 28:32Speaker 1: community development, the area that would apply or be eligible
- 28:37Speaker 1: for TIFF is broader than just that corner right there.
- 28:41Speaker 1: And of course we all know TIFF number one is
- 28:43Speaker 1: hard to understand. But TIFF has that language in state
- 28:48Speaker 1: law that says an area has to be blighted in substandard.
- 28:51Speaker 1: I know the people that live in that area, some
- 28:54Speaker 1: are living in Morton Meadows particularly.
- 28:57Speaker 2: They are saying, we.
- 28:58Speaker 1: Don't want this because it will blight our property and
- 29:01Speaker 1: our property value will go down. You and I know
- 29:03Speaker 1: that to follow that state law to the t there's
- 29:07Speaker 1: basically six criteria to be blighted. You only have to
- 29:11Speaker 1: reach one of those criteria out of six. One of
- 29:13Speaker 1: the criteria is that the buildings are forty years old
- 29:17Speaker 1: or older. It does not mean that your property is substandard.
- 29:22Speaker 1: It does not decrease the value of your property. Let
- 29:26Speaker 1: me get your take on that.
- 29:27Speaker 4: Yeah, it's unfortunate that state law even uses the word
- 29:30Speaker 4: blighted because it's not an accurate word in most cases. Yeah, TIFF,
- 29:36Speaker 4: as you well know, gene from your time in City
- 29:39Speaker 4: Hall is an amazing tool that makes redevelopment possible. And
- 29:43Speaker 4: if I was living in the Morton Meadows neighborhood or
- 29:46Speaker 4: one of those surrounding neighborhoods there, knowing what I know
- 29:49Speaker 4: about development, I would be thrilled about this proposed plan
- 29:54Speaker 4: because anytime you take the commercial anchor of your neighborhood
- 29:58Speaker 4: and you take it from something that is sixty seven
- 30:02Speaker 4: years old and tired and underutilized and turn it into
- 30:07Speaker 4: something brand new that's getting the type of management, love
- 30:11Speaker 4: and attention that brand new buildings get and attract the
- 30:14Speaker 4: types of tenants that brand new buildings attract. Actually, you
- 30:18Speaker 4: could make an argument that your property value will probably
- 30:21Speaker 4: go up, yes, because these will be nice apartments and
- 30:24Speaker 4: there would likely be some commercial there. And I've seen
- 30:26Speaker 4: a couple renderings floating around, and one of them that
- 30:30Speaker 4: I saw it kind of looks like them all still
- 30:32Speaker 4: there and going to be incorporated. So I don't know
- 30:35Speaker 4: for sure, and I'm not sure it's been announced whether
- 30:37Speaker 4: the building's coming down and replaced or added on to
- 30:41Speaker 4: or just renovated.
- 30:42Speaker 3: We'll see.
- 30:43Speaker 4: But knowing the capabilities of Lockwood Development and their tremendous
- 30:48Speaker 4: track record. I think the people in that surrounding area
- 30:51Speaker 4: should be excited about it. I think it will increase
- 30:53Speaker 4: their quality of life. They'll have more stuff to do,
- 30:56Speaker 4: and it should have a nice positive effect on property values. Right.
- 31:00Speaker 1: Understand too, that that in state law that we have
- 31:03Speaker 1: to follow as far as tiff, there are only certain
- 31:05Speaker 1: tiff eligible expenses. But there is another statement in the
- 31:10Speaker 1: state law or clause that says it's called the butt
- 31:13Speaker 1: four and the butt floor clause means that that development
- 31:18Speaker 1: would not happen. It won't happen at all, but for
- 31:22Speaker 1: the tiff, it won't happen. And so you know, if
- 31:26Speaker 1: they don't, if they're not awarded the tiff, and that
- 31:28Speaker 1: area is not deemed I hate to use the word again,
- 31:32Speaker 1: blighted in substandard, then that may just sit there forever. Oh,
- 31:36Speaker 1: and the property value going down and down and down,
- 31:39Speaker 1: because that developer cannot basically afford it his capital stack
- 31:44Speaker 1: to be able to afford to do that development. It's
- 31:47Speaker 1: dependent on the amount of tiff that they receive, and
- 31:50Speaker 1: they may just walk away and leave it there. That's
- 31:52Speaker 1: not what the neighborhood wants.
- 31:54Speaker 4: No, And I think I think people have to realize
- 31:57Speaker 4: that TIFF is a beautiful tool and extremely important fact.
- 32:00Speaker 4: Omaha's intelligent but active use of TIFF is one of
- 32:05Speaker 4: the things that have kept the city of Omaha from
- 32:08Speaker 4: becoming a Detroit or a Saint Louis. It absolutely does, yeah,
- 32:12Speaker 4: because people people should also understand that generally speaking, it's
- 32:16Speaker 4: more expensive for a developer to build in the heart
- 32:18Speaker 4: of the city than it is to knock over a
- 32:20Speaker 4: cornfield to intern eightieth and wherever. And we don't want
- 32:25Speaker 4: them just to knock over cornfields. We need corn that's right,
- 32:28Speaker 4: but we want we want people in the city. And
- 32:31Speaker 4: and by doing TIFF, we say to these developers, we
- 32:33Speaker 4: remove some of the risk and cost from you in
- 32:37Speaker 4: order to build in the city. Then meanwhile, you have
- 32:39Speaker 4: a city that still has a strong core, which makes.
- 32:41Speaker 1: The whole city absolutely And you know, people criticize Mutual
- 32:44Speaker 1: of Omaha when and I work that deal when they
- 32:46Speaker 1: were going to build that skyscraper downtown. But I had
- 32:49Speaker 1: met with Mutual years and years before this actually happened,
- 32:53Speaker 1: and people knew what was going to happen, and they
- 32:55Speaker 1: were talking about expanding and building, and they could have
- 32:59Speaker 1: they could have went to West Omaha and a lot cheaper.
- 33:03Speaker 1: They wouldn't have built a skyscraper. It might have been
- 33:05Speaker 1: some more of a campus. But I thought Mutual of Omaha,
- 33:09Speaker 1: a fortune five hundred company, they needed to be downtown.
- 33:12Speaker 1: They needed a skyscraper and they needed to enhance our
- 33:15Speaker 1: skyline now and forever, and that's where they needed to be.
- 33:19Speaker 1: And they couldn't have done it without the tiff the
- 33:22Speaker 1: tax increment financing, and speaking about that, I think we
- 33:25Speaker 1: just got a few more minutes here. Jeff Biels is
- 33:27Speaker 1: with us with Grow Omaha and the silos. Let's talk
- 33:31Speaker 1: about those because once again those silos, we started talking
- 33:35Speaker 1: and meeting with the buyers the owners of those silos
- 33:37Speaker 1: years and years and years ago. Those are on South
- 33:41Speaker 1: thirty fourth Street and Vinton Street. We can also know
- 33:43Speaker 1: where they're at there, right off the Interstate there. And
- 33:46Speaker 1: the city council approves the Silo Redevelopment plan yesterday. It
- 33:51Speaker 1: is a fifty six million dollar plan to raise and
- 33:54Speaker 1: repurpose some of those huge concrete grain elevator silos and
- 33:59Speaker 1: then there will be a mixed use development in there.
- 34:02Speaker 1: The city Council will authorize the tax increment financing of
- 34:06Speaker 1: about ten and a half million, those developers, And that's
- 34:10Speaker 1: another good example. They could not afford to do this
- 34:14Speaker 1: project in those old old Grain elevators that have been
- 34:18Speaker 1: vacant for god knows how long, that are full of graffiti,
- 34:21Speaker 1: full of people doing bad things in that area. It
- 34:25Speaker 1: either is going to be left there like that, decaying,
- 34:28Speaker 1: or with the TIFF, they're going to be able to
- 34:30Speaker 1: do a great development right there.
- 34:32Speaker 2: What do you know about the grain the silos, Well, yeah.
- 34:35Speaker 4: And thank goodness that that TIFF exists to make that possible,
- 34:37Speaker 4: and thank goodness for visionary developers, because what they're going
- 34:41Speaker 4: to do with that project is something Omaha has never seen.
- 34:45Speaker 4: They're to you, they're going to they're going to tear
- 34:47Speaker 4: down most of the silos in the middle, keep some
- 34:50Speaker 4: of them on the edges, so you'll still have kind
- 34:52Speaker 4: of that gritty historical industrial look, which is part of
- 34:55Speaker 4: Omaha's agro industrial heritage. But they're going to build apartments
- 34:59Speaker 4: on the bottom foundation of those silos. So it's an
- 35:03Speaker 4: amazing way to get infield development, keep the central city strong,
- 35:07Speaker 4: but yet you still preserve a piece of our agra
- 35:10Speaker 4: industrial heralda.
- 35:11Speaker 1: It's very clever development and the South Omaha trail that
- 35:15Speaker 1: is used by cyclists and runners and walkers, well it
- 35:18Speaker 1: passes by those silos and the well. Like we said,
- 35:22Speaker 1: the basis of the silos were painted with a series
- 35:25Speaker 1: of colorful panels that formed a mural in the past.
- 35:28Speaker 1: This is going to be what they are going to
- 35:31Speaker 1: do and what they're committed to do here is going
- 35:33Speaker 1: to be something great. I know when we first started
- 35:35Speaker 1: talking about it that those silos that are the closest
- 35:38Speaker 1: to the interstate were like, holy cow, if those come down,
- 35:42Speaker 1: are we going to have to close the interstate? During
- 35:44Speaker 1: the demo, those aren't the ones that are going to
- 35:46Speaker 1: go down. They're building around it and they're preserving the
- 35:48Speaker 1: history with it too. Jeff Beal's Girl Omaha. Tune in
- 35:52Speaker 1: you all on Saturday mornings at nine to ten. You
- 35:55Speaker 1: will hear a lot about what's going on in Omaha.
- 35:58Speaker 1: We have a lot more I could have talked about today,
- 36:00Speaker 1: but I think our time is getting short here at
- 36:03Speaker 1: the end. So thank you so much for being here today.
- 36:05Speaker 1: I really appreciate it. Tell Trenton Maggot your partner. We
- 36:09Speaker 1: all said hello too.
- 36:11Speaker 3: I'll tell them that, and Gene, thank you. So much.
- 36:13Speaker 4: It's an honor to be on your show, especially after
- 36:15Speaker 4: twelve years of you being on my show.
- 36:17Speaker 1: Yes, I said, we kind of had a little switch
- 36:19Speaker 1: to ruin here this morning because usually I'm sitting in
- 36:21Speaker 1: the opposite seat here. But I always love coming on
- 36:24Speaker 1: your show because I was able to talk about things
- 36:27Speaker 1: within the city, within the planning department, within the finance
- 36:30Speaker 1: department that you weren't all aware of. But boy, you
- 36:32Speaker 1: have all of this information and that's what people want
- 36:36Speaker 1: to know. When I would talk about crossroads, the number
- 36:40Speaker 1: one question is always, well, what's going to be there?
- 36:42Speaker 2: What store is going to be there? Are what's going
- 36:44Speaker 2: to be there for me to want to go to?
- 36:46Speaker 1: Same with all of these developments, and you guys got
- 36:48Speaker 1: your finger on the pulse of everything. So thank you
- 36:51Speaker 1: for what you do. It's great to have you here.
- 36:53Speaker 1: And once again, if people want to follow grow Omaha
- 36:57Speaker 1: with your newsletter, how did they do it?
- 36:59Speaker 3: And just go to GROMA.
- 37:00Speaker 4: There's a place where you can sign up for the
- 37:02Speaker 4: newsletter and every past edition of the newsletter is available
- 37:06Speaker 4: on that website as well.
- 37:07Speaker 3: Growl ama dot.
- 37:08Speaker 1: Com a wealth of information there. Jeff Beal's with grow Omaha.
- 37:12Speaker 1: Thanks so much for being here today and have a
- 37:13Speaker 1: happy Fourth of July.
- 37:14Speaker 3: Thanks Geene.
- 37:15Speaker 2: Happy Fourth to you too, Thanks so much.
- 37:17Speaker 5: Jeane Stouthard, my name is Peyton Highlock and Gene, you
- 37:20Speaker 5: got a lot that you want to talk about here
- 37:21Speaker 5: as we wrap up the show.
- 37:22Speaker 2: I do.
- 37:23Speaker 1: I'm going to be really quick, but you know, Lucy
- 37:25Speaker 1: and Scott were talking if you were listening earlier, about
- 37:27Speaker 1: AI and I sent you a video that somebody sent
- 37:31Speaker 1: me this this weekend and it was me with a
- 37:34Speaker 1: suit on in high heels, running down the street and
- 37:36Speaker 1: then jumping in and.
- 37:38Speaker 2: Disappearing in a pothole.
- 37:41Speaker 1: And I I know, and they meant to really slam
- 37:44Speaker 1: me with it because some of the comments were, well,
- 37:46Speaker 1: I wish she'd just disappear in a pothole forever. But
- 37:49Speaker 1: this is what could happen in campaigns in the future.
- 37:51Speaker 1: I mean, you could see commercials with candidates doing things
- 37:55Speaker 1: that aren't them at all. This thing with me was
- 37:57Speaker 1: rather funny.
- 37:58Speaker 2: I gotta admiting.
- 37:59Speaker 5: Just think about the silly things Trump has done, probably
- 38:01Speaker 5: no sombreros on people and making them laugh.
- 38:04Speaker 1: This could be I mean, this could just be terrible
- 38:06Speaker 1: in the future. But Anyway, whoever sent me that thing
- 38:09Speaker 1: of me running down the street jumping in a pothole
- 38:11Speaker 1: and disappearing, I thought.
- 38:12Speaker 2: It was funny. It was funny.
- 38:14Speaker 1: Yeah, you didn't hurt my feelings at all. But you know, Chip,
- 38:17Speaker 1: Maxwell will be on for me on Thursday Friday. I
- 38:20Speaker 1: guess where I'm going to? Saint Louis?
- 38:22Speaker 2: Where really lewis? Where where I really lives?
- 38:24Speaker 3: Your home?
- 38:25Speaker 2: Yeah? Really not?
- 38:26Speaker 5: You could jump jump in a pothole and does it
- 38:29Speaker 5: the exit point in Saint Louis.
- 38:30Speaker 1: There's plenty of potholes there. But you all know I
- 38:33Speaker 1: live here in Omaha. But my sister and my brother
- 38:36Speaker 1: from Minneapolis is going to be there, Kevin and my
- 38:38Speaker 1: husband's family is going to be there. So Chip, thank
- 38:40Speaker 1: you again. He's gonna be here Thursday, Friday and Monday
- 38:42Speaker 1: for me. But you know, as we celebrate our two
- 38:45Speaker 1: hundred and fiftieth anniversary here and as July fourth approaches,
- 38:49Speaker 1: does this celebration to any of you smith feel smaller
- 38:52Speaker 1: than it should or less unified or less shared because
- 38:55Speaker 1: of what we hear all over the country right now
- 38:59Speaker 1: and the two hundred and fifth anniversary, you know, it
- 39:02Speaker 1: doesn't have the kind of shared civic feeling. That this
- 39:07Speaker 1: milestone might have once inspired if because of what we
- 39:11Speaker 1: hear all over the TV all day long. But let
- 39:14Speaker 1: me tell you all, it should not and does not
- 39:17Speaker 1: diminish the significance of this anniversary. In many way, it
- 39:21Speaker 1: heightens it. And across America you are going to see parades, museums, churches, libraries, classrooms, parks,
- 39:28Speaker 1: civic organizations preparing hundreds of exhibits, performances, concerts, community opportunity,
- 39:34Speaker 1: family experiences that invite Americans to engage in our shared story.
- 39:42Speaker 1: And we should remind ourselves that history of annivers with history,
- 39:47Speaker 1: anniversaries are not endpoints, but they're an invitation. Because anniversaries
- 39:53Speaker 1: at best do not simply ask us to remember. They
- 39:56Speaker 1: ask us to recommit. They ask us to renew the
- 39:59Speaker 1: habits of citizen ship, to strengthen the institutions of civic life,
- 40:03Speaker 1: to prepare the next generation not only to inherit the
- 40:06Speaker 1: American experience and self government, but to help lead and
- 40:10Speaker 1: sustain it. And here's something I invite you all to do.
- 40:14Speaker 1: Take ten minutes, take five minutes and read the first
- 40:19Speaker 1: the Preamble of the Constitution or the Declaration of Independence,
- 40:22Speaker 1: and as we leave this show today, I want you
- 40:25Speaker 1: all to have a very very happy Fourth of July.
- 40:29Speaker 1: But I want to read the Preamble of the Constitution
- 40:32Speaker 1: of the United States, when it says, we, the people
- 40:34Speaker 1: of the United States, in order to form a more
- 40:36Speaker 1: perfect union, establish justice, ensure domestic tranquility, provide for the
- 40:42Speaker 1: common difference, promote the general warefo welfare, and secure the
- 40:49Speaker 1: blessings of liberty to ourselves and to our posterity, do
- 40:54Speaker 1: ordain and establish this Constitution of the United States of America.
- 40:59Speaker 1: Then the Declaration of Independence when we start out, when
- 41:02Speaker 1: in the course of human events, it becomes necessary for
- 41:05Speaker 1: one people to dissolve the political bands which has connected
- 41:09Speaker 1: them with another, and to assume among the powers of
- 41:13Speaker 1: the earth the separate and equal station to which the
- 41:16Speaker 1: laws of nature and Nature's God entitle them. A decent
- 41:21Speaker 1: respect to the opinions of mankind requires that they should
- 41:26Speaker 1: declare the causes which impel them to the separation. Let's
- 41:30Speaker 1: remember that on our Fourth of July this year. These
- 41:34Speaker 1: are the important things, is or what our country has
- 41:36Speaker 1: been built on. I wish all of you a very
- 41:39Speaker 1: very happy Fourth of July, and let's just remember what
- 41:43Speaker 1: we are celebrating, and celebrate it together, and celebrate what
- 41:47Speaker 1: we have here in this great country. That is it
- 41:50Speaker 1: for us today. Thank you so much for spending this
- 41:53Speaker 1: hour with us. Jeff Beal's thanks again for being with us.
- 41:56Speaker 2: We love for you to join in CHIP tomorrow.
- 41:59Speaker 1: But today I am Jean Stothard and this is eleven
- 42:03Speaker 1: ten kf ab