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Plans Moving Ahead For Riverfront Development
OmahaRiverFront.com
May 30, 2001


Plans are moving ahead quickly for redevelopment of Omaha's riverfront. An 125-acre area north of downtown Omaha will stretch from the south edge of Heartland of America Park, through the newly named Union Labor Plaza and then through the Gallup Organization's new headquarters to the border of Carter Lake.

The Nebraska Legislature recently advanced Legislative Bill 657 which provides $1.5 million annually for 15 years in cigarette taxes, producing $15 million for the city's initial site work. Omaha expects to spend $64 million to buy land, install streets and sewers and prepare the riverfront site for construction.

Not all of the $64 million has been nailed down, however. Taxpayers are expected to pay $37 million (including the state's $15 million), private donors, $10 million, Gallup Organization, $7 million, and the potential sale of the convention center-arena naming rights, $10 million.

Meanwhile, work is proceeding to clear scrap metal from the Aaron Ferer location. The company must turn the site over to the city by September 25th, with all the scrap gone. According to Greg Peterson, a city planner, motorists should be able to see the river from Abbott Drive by this fall. Once all the scrap metal has been cleared from the area, the city will move quickly to tear down Ferer's one-story building, remove environmental contamination and bring in fill dirt. The city must have the site ready for the Gallup Organization to start construction by next April.
 
Artist's rendition of the main Gallup office building on the new Riverfront Campus Artist's rendition of the main Gallup office building on the new Riverfront Campus

The Gallup Organization, a worldwide public-opinion polling and management-training firm, has begun detailed design of buildings expected to cost $66 million; a 320,000-sq-ft office building and training center, a child-care center and a small hotel for the company's management training. They plan to move 650 to 700 employees into the first building on their new riverfront campus by August 2003. More than 4,000 business executives will come to Omaha each year for training at Gallup's management education center.

Also included in the development plans, the federal government is expected to construct a National Park Service building just north of the Gallup campus. The building will be two stories tall and will have 60,000 to 70,000 sq. ft. of floor space. The Park Service will move its 13-state, 140-employee Midwest headquarters from downtown Omaha to the riverfront.

One obstacle to the plans may be the Port of Omaha which sits just north of the Ferer location. The city still needs to buy out leases from two companies that operate facilities at the barge-shipping dock, then relocate them. The $64 million riverfront budget includes money to buy out those leases and to establish a new Port of Omaha.
Visitors to the area will see a tremendous amount of work going on at the riverfront in 2002 and early 2003. 

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