Regency Landing - LoopNet · 2019. 5. 29. · The Regency trade area is the fastest growing...

Regency LandingCentrally located in the heart of Omaha, Nebraska

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Building Zone 1

Building Zone 2

Building Zone 3 & 4

Omaha, Nebraska

Trade Area InformationDemographics

Omaha, NebraskaREGENCY LANDING www.RegencyLanding.com

1303 S. 72nd Street, Suite 209 Omaha NE | 68124 www.accesscommercial.com

Follow us on Social Media:

Facebook.com/AccessCommercialInstagram.com/AccessRetail

Office

Kirk HansonC: (402) [email protected]

Contact Information


Centrally located in the heart of the Omaha, Nebraska Metropolitan Area, Regency Landing is a high-profile Class A mixed-use opportunity, years in the making. The project is bound by Interstate 680 and Pacific Street with massive exposure to over 173,000 cars per day and enjoys significant visibility to the West Dodge Expressway. The site plan is separated into four zones with a mixed-use retail, restaurant and creative office component, a high-profile lifestyle hotel and multiple large format office configurations. The site is minutes away from West Omaha, and a 20-minute drive to Eppley Airfield and the greater Downtown Omaha Area. Dense, high-income residential neighborhoods surround Regency Landing in addition to the best amenities Omaha has to offer.

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For the past 50 years, this parcel has been home to increasingly obsolete office, retail and full-service hotel operations. Originally developed in the western reaches of Omaha, this prized location sits at the heart of the market among the best demographics in the region, creating an opportunity to develop an 11 acre in-fill project. With the main objective to fully harness the intrinsic value of this irreplaceable real estate, our mission requires the deliberate programming of the best design, users, and project execution, to deliver the trophy environment the region can be proud of for generations to come.

Rare Opportunity


“The best investment on earth is earth.”

- Louis Glickman


PACIFIC STREET

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“We shape our buildings; thereafter they shape us.”

Winston Churchill-


Regency Landing will provide a mixture of new and redeveloped retail space totaling approximately 45,000 square feet. A precise merchandising plan will include best of breed retailers, service providers and restaurant users on the ground floors. Set within a dense urban setting, the retail and restaurant opportunities are fueled by the surrounding dense daytime population and market leading demographics.

Approximately 37,000 square feet of creative office space will be redeveloped in the Zone 1 building with complete replacement of lobbies, mechanical systems, elevators, and common areas.

• I-680 and Pacific visibility and signage• Two points of ingress/egress from Pacific with a signalized full-movement intersection upgrade at 107th• Surface parking• Dense and walkable urban setting• Close proximately to Downtown and West Omaha• Curated merchandising plan of breakfast, lunch, and dinner amenities• Papio Creek trail system adjacent to the project with access provided from the site• Fantastic views of Regency Lake

Mixed-Use Highlights

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Garden Level

Office Floor Retail/Restaurant Floor

North and East Elevations

• Super-regional hotel location • Surrounding demand generators including TD Ameritrade, hospitals, and other premier employers• Trophy location provides amazing branding opportunity• Forwardly relevant full-service hospitality void in the market• New to market opportunity • Numerous restaurants and amenities on site and within submarket

High-Profile Lifestyle Hotel

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Approximately 250,000 square feet of class A office space is programmed within two distinct zones. The opportunity provides for multiple site plan configurations to accommodate specific user requirements. This site offers both tower and mid-rise opportunities with a mixture of surface and garage parking. Final site design and building configurations will be tenant driven.

Office Over First Floor Retail

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• 5.7 million square feet of office space in sub-market • TD Ameritrade World Headquarters • LinkedIn Midwest Region Headquarters • West Corporation World Headquarters• Pacific and I-680 visibility and signage• The most accessible location in all of Omaha (20 minutes or less of entire market)• Two points of ingress/egress from Pacific with a signalized full-movement intersection at 107th• Surface and structured parking• Dense and walkable urban setting• New Top Golf and Westroads Mall just north of the site• Papio Creek trail system adjacent to the project• Great views of Regency Lake• Incredible branding opportunity to 175,000 cars per day

Opportunities Highlights


DODGE STREET

33,000 CPD

140,000 CPD

PACIFIC STREET

138,000 CPD

Old Mill Office Park

Regency Park

Old Mill Office Park

Miracle Hills Square

Average Household Income for this

residential area:$230,850

World Headquaters

Omaha, Nebraska

33,000 CPD

138,000 CPD

WE ARE HERE

22 Minute Drive Time From EPPLEY to Site

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Diverse business fundamentals are the foundation of Omaha’s strong economy. Several Fortune 500 companies reside in Omaha, as well as a growing number of innovative and well capitalized startups. Due to a growing technology presence in the region, the Omaha has positioned itself as the center of the “Silicon Prairie”. To help accommodate local company growth, Omaha’s Eppley Airfield recently began offering direct flights to the California Bay Area.

The Omaha metro’s continued population growth coupled with outsized new business growth since the recession are strong indicators of long-term demand generators. These statistics combined with the exceptionally low cost of living contribute to a superior quality of life.

Omaha is considerably less vulnerable to the volatility that core cities may experience during economic downturns as evidenced by Omaha’s minimal contraction during the Great Recession. Omaha vacancies held firm during this period and never breached double digits. The demand for office space has come from varied industries including agriculture, energy, financial, insurance, tech and transportation players. Persistent demand outpaced new construction from 2013–16, sending vacancies toward all-time lows.

Why Omaha


Omaha has continued to be an extremely affordable place to live compared to the rest of the country and similar markets.

Affordability Index

3 Mile 5 Mile 10 Mile MSA

2018 Total Population 86,989 268,481 688,343 938,162

Population Growth 2018-2023 4.85% 4.55% 5.11% 5%

Average Age 39 38 36 35

3 Mile 5 Mile 10 Mile MSA

2018 Total Households 39,179 113,478 270,592 369,433

Median Household Income $62,512 $65,612 $63,737 $65,163

Average Household Size 2.2 2.3 2.5 2.2

Affordability Index 37% Above National Average

Affordability Index is the percentage of the median home price that can be purchased with the median household income in that market

Cost of Doing Business Index 5% Below National Average

Cost of Doing Business Index: National Average = 100

Sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, CoStar

Demographics

The Omaha metro has 40,000+ businesses with the largest industries comprised of insurance providers, legal services and medical providers. High-paying industries continue to target the metro for expansion because of its well-educated workforce and low-cost structure. Approximately a third of Omaha’s residents hold a bachelor’s degree or higher, attributed to the 10 plus universities in the area. Omaha has a high distribution of young workers with the majority of the workforce aged 25-35, contributing to the budding startup ecosystem.

Local Businesses

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The Regency trade area is the fastest growing business area in the Omaha metro. One-third of all the technology companies opened in the last year were within 1 mile of the Regency Landing.

Businesses in Regency Area

Employer Size Range Number of Employers (Est.)1 to 4 25,000

5 to 9 7,300

10 to 19 4,200

20 to 99 3,800

100 to 4,999 800

5,000 + 5

Total 41,105

Number Of Employees

50 - 99100 - 149150 - 349

350 - 999> 1,000

Source: ReferenceUSA


Date post:	02-Mar-2021
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Regency Landing - LoopNet · 2019. 5. 29. · The Regency trade area is the fastest growing...

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